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Economy - International

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It was just the other day that I noted the massive money printing that has been going on by central banks around the globe: The Federal Reserve, of course, but also the Bank of Japan, the People’s Bank of China, the Bank of England, the European Cent

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www.thedailybell.com

Sen. Jeff Sessions, ranking member of the Senate Budget Committee, pointed out that our per capita government debt is already larger than Greece's. Per person, our government owes over $49,000 compared to $38,937 per Greek citizen.

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By Keith B. Richburg

The ritual is now familiar. European officials meet with Chinese leaders seeking assurances of help for the continent’s debt crisis.

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arclein

The Houses of Morgan, Goldman and the other Big Five are justifiably worried right now, because an “event of default” declared on European sovereign debt could jeopardize their $32 trillion derivatives scheme. According to Rudy Avizius in an article

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Washington Post

Countries that use the euro are headed for a mild recession this year, the European Commission said Thursday, the region’s second economic contraction since 2008, despite years of attempts to solidify the euro zone’s economic standing. The announc

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Chris Monty

If one didn’t know better, one would almost certainly think that something huge was about to happen in the world of banking and finance. Over the past few weeks, a slew of high-level resignations have occurred around the world.

News Link • Global Reported By Ryan Gauger
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By Esther Bintliff and John Aglionby

It’s decision day on the Greek bail-out. Or is it? Eurozone finance ministers are due to meet this afternoon to sign off on the €130bn bail-out to Greece.

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