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Turkish gold exports up 800% on Iranian demand

Turkish gold exports up 800% on Iranian demand

January 5, 2013 (TSR) - Turkey’s gold exports rose nearly 800 percent last year on the back of soaring sales to Iran and the trade will continue, despite tightening U.S.…

US dollar to collapse in 2013: Economist

US dollar to collapse in 2013: Economist

January 4, 2013 (TSR) - The US dollar is expected to take a value nosedive in 2013 if China refuses to continue financing Washington’s spiraling debt, an economic analyst tells…

China: Xi Jinping’s “No Misuse of Public Funds and Excess” Policy hits catering business

China: Xi Jinping’s “No Misuse of Public Funds and Excess” Policy hits catering business

January 4, 2012 (TSR) Companies in China that specialize in catering for official functions are feeling the pinch from the “no frills” style adopted by the country’s new leadership, which…

Zimbabwe considering halving mining fees

Zimbabwe considering halving mining fees

January 2, 2013 (TSR) - Zimbabwe plans to halve mining levies in 2013 after companies including Impala Platinum Holdings Ltd. complained that increases this year are hindering development, Deputy Mines…

Spain: the pain of austerity deepens

Spain: the pain of austerity deepens

by Giles Tremlett January 2, 2013 (TSR) - Forget, for a moment, the Greek tragedy. The tale of social woe set to play out in Spain this year is both…

Frustrating fiscal talks expose deficiencies of U.S. political system

Frustrating fiscal talks expose deficiencies of U.S. political system

by Ming Jinwei January 1, 2013 (TSR) - The American people were once better known for their ability to make tough choices on difficult issues. So it was really frustrating…

Lebanese Media Layoffs: LBC Employees and Saudi Prince Alwaleed Bin Talal

Lebanese Media Layoffs: LBC Employees and Saudi Prince Alwaleed Bin Talal

December 26, 2012 (TSR) - n April 2012, Saudi billionaire and prince Alwaleed Bin Talal made moves to liquidate an entire production company. The Production and Acquisition Company, or PAC,…

The Fiscal Cliff Is A Diversion: The Derivatives Tsunami and the Dollar Bubble

The Fiscal Cliff Is A Diversion: The Derivatives Tsunami and the Dollar Bubble

by Dr. Paul Craig Roberts, Former Assistant Secretary of the Treasury for Economic Policy under Reagan Administration and Associate Editor of the Wall Street Journal December 26, 2012 (TSR) - The…

Americans less hopeful of new year: New poll

Americans less hopeful of new year: New poll

December 25, 2012 (TSR) - A new US poll suggests that public expectations regarding the upcoming 2013 year are bleaker than they have been in more than 10 year, with…

China increasingly leading world economy: HSBC chief economist

China increasingly leading world economy: HSBC chief economist

December 21, 2012 (TSR) - HSBC Bank chief economist Stephen King said the world is moving away from an “old world” dominated by Europe, the U.S. and Japan, and to…

Facebook to charge $1 for each message delivery to strangers

Facebook to charge $1 for each message delivery to strangers

December 21, 2012 (TSR) - Facebook announced Thursday it was testing a fee-based messaging service that guarantees messages from strangers will arrive in the inboxes of intended recipients. The test,…

U.S. Fiscal Policy and Budget: That Terrible Trillion

U.S. Fiscal Policy and Budget: That Terrible Trillion

by Paul Krugman, International Economist, 2008 Nobel Memorial Prize Laureeate in Economic Sciences, Co-founder of “New Trade Theory”, and Author December 17, 2012 (TSR) - As you might imagine, I…

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