Browsing All Posts By Kurt Osterberg
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BREAKING NEWS: Orban ready to restucture
The Hungarian government’s economic action plan to be published after a release of its report on the budget will contain steps to improve the financial situation and structural changes, Prime Minist... -
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Hungary govt plans steps to improve economy
The Hungarian government’s economic action plan to be published after a release of its report on the budget will contain steps to improve the financial situation and structural changes, Prime Minist... -
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Canada GDP growth seen at 3.3% this year
“There is no firm plan to go forward this year with respect to interest rates. We just have to watch and wait and see,” Flaherty told reporters in an interview in Shanghai. He said Canada’s GDP ... -
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UK firms’ foreign takeovers hit record low in Q1
The number of foreign firms bought by British companies fell to its lowest in more than 20 years in the first three months of 2010, official data shows. The Office for National Statistics said spendin... -
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Euro rates at 0900 GMT
Current High Low USD 1.2135 1.2309 1.2116 JPY 109.94 112.26 109.77 GBP 0.839 0.8474 0.8385 CHF 1.4171 1.4221 1.4158 DKK 7.439 7.4399 7.4386 NOK 7.9468 7.9662 7.9305 SEK 9.6366 9.643 9.579 AUD 1.4625 1... -
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Eurozone factory PMI sinks, output growth slows
The 16-nation bloc and its common currency have been hit by waves of investor insecurity churned up by the region’s debt crisis and fears that troubles in Greece may be spreading to other peripheral... -
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Ryanair speeds up first dividend as profit rising
Irish airline Ryanair brought forward plans to pay its first dividend since being floated in 1997 as it swung back to a full-year profit ahead of most rivals and expected to grow earnings further this... -
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Nigeria looks to alter key 2010 budget assumptions
The ministry raised the alarm earlier in May that government revenues, mostly from oil sales, were not enough to fund this year’s expansionary spending plans and could force the OPEC member to use a... -
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NATO says security key to economic growth
NATO Secretary General Anders Fogh Rasmussen has been quoted as saying economic growth was dependent on global security and that governments should be aware of this when cutting defence budgets. Rasmu... -
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Geithner offers China vow of greater fiscal discipline
US Treasury Secretary Timothy Geithner told future Chinese leaders that the Obama Administration will cut its budget deficit once it is sure the economy is safely growing. In a speech to about 30 midd...
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China suspected in massive breach of federal personnel data
