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Obamanomics: The View From Down Under (The Globalist)
Barack Obama’s presidential campaign was built on hope. But how does hope relate to the current global economic crisis?
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Crikey says (Crikey)
It’s actually up to us consumers to realise Australia’s economic fate is in our hands, and act accordingly.
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Bush Defends Capitalism On Eve Of Economic Summit (Channel 8 San Diego)
President George W. Bush fervently defended U.S.-style free enterprise Thursday as the cure for the world's financial chaos, not the cause. He warned foreign leaders ahead of a weekend summit not to crush global growth with restrictive new rules.
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Australian market plunges 4.2% (Nasdaq)
(RTTNews) - The Australian stock market closed lower for the fourth day on Thursday, entering the second-worst bear market in Australian history, as the stock markets across the Asia-Pacific region tumbled on recession fears.
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Ford in reverse over Geelong closure (The Australian)
FORD will keep its Geelong car engine plant open beyond 2010, despite the global economic turmoil, saving more than 1000 jobs.
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Macquarie, MUFG profits dive (Washington Post)
SYDNEY/TOKYO (Reuters) - Japan's Mitsubishi UFJ <8306.T> and Australia's Macquarie Group became the latest Asian lenders to post sharp falls in profits, but relief Macquarie was not tapping investors for more cash sent its shares soaring.
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DAILY EXPRESS NEWS (Sabah Daily Express)
PETALING JAYA: Immigrant communities living in recipient countries should demonstrate the spirit of respect for and acceptance of local traditions, local history and their system of government, the Raja Muda of Perak, Raja Dr Nazrin Shah, said Wednesday.
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4 books: China, US, India, global financial crisis: struggles and progress (cmi santiago)
Is the deep-seated financial crisis of US and Europe leading to political, economic, and leadership crisis in view of surging China and India power? What would follow ongoing global financial and wealth crisis in the 21st century?
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how to handle global financial mess: the Chinese way (cmi santiago)
Is global financial and economic crisis reshaping world politics, finance, banking, trade and outsourcing? Profiting from rising Chinese trade, yuan and stock market? How do over a half million international companies make profits in China?
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Falling consumer prices flag further economic turmoil (Crikey)
October is emerging as tipping point for the global economy. With the latest US consumer price numbers, Glenn Dyer reports on what we have tipped into.
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