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WRAPUP 2-U.S. producer prices post big drop, factory activity weak
Reuters* Producer prices fall 0.7 percent in April * Wholesale price drop largest in three years * U.S. factory output shrinks in April * New York state manufacturing activity contracts in May By Lucia Mutikani WASHINGTON, May 15 (Reuters) - U.S. producer...Tags: Energy, Prices, Labor Markets, Food Industry, Gasoline Industry
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MIDEAST MONEY-Turkish central bank finally wins respect for offbeat policy
Reuters* Turkey's monetary policy mix is unusually intricate * Criticised for failing to address inflation, loan growth * But gradually winning respect in financial markets * Achieves currency stability, weathers European crisis * Potential model for other...Tags: Economy, Customs and Tradition, Politics, Arts and Culture, Turkey
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Bank of England's King offers parting optimism on UK economy
ReutersLONDON (Reuters) - Bank of England Governor Mervyn King offered some rare good news for Britain's economy on Wednesday when he presented his final set of economic forecasts before stepping down after more than 20 years at the bank. For the first time...Tags: Economy, Politics, Executive Branch, Finance, Financial Markets
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Bank of England's King set to offer some good news in his final forecast
ReutersLONDON (Reuters) - Bank of England chief Mervyn King should be the bearer of some good news on Wednesday in his final forecasts before handing the reins to Mark Carney, even if the British economy remains far from healthy. After repeatedly having to...Tags: United Kingdom, Human Interest, England, Petroleum Industry, Financial Markets
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PIMCO sees U.S. growth around 2 percent over next 3-5 years
ReutersNEW YORK (Reuters) - U.S. economic growth will not be "much greater" than 2 percent over the next three to five years, while global inflation will likely pick up, Pimco, the giant bond firm, said on Tuesday in its investment outlook report. Inflation may...Tags: China, Allianz AG Holding, Globalization, Japan, Unemployment Benefits
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Growth in sight for euro zone economy, but no big upturn: poll
ReutersLONDON (Reuters) - Growth will return to the euro zone's recession-mired economy in the second half of this year, but economists see no chance it will recover strongly until at least 2015, a Reuters poll showed on Tuesday. The euro zone has been stuck in...Tags: Market and Exchange, United Kingdom, Elections, Italy, European Central Bank
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Council of Saudi Chambers highlights economic gains
Arab News, Jeddah, Saudi ArabiaDespite an unfavorable climate in the regional and world economic situation, all indicators showed that the Saudi economy has been in excellent shape, according to a report of the Council of Saudi Chambers (CSC). The report noted that the Saudi...Tags: Quarterly or Semiannual Financial Statements, Prices, Finance, Productivity, Money and Monetary Policy
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Kuwait trade surplus to shrink 10.3% to $ 88.3 bn
Arab News, Jeddah, Saudi ArabiaKuwait GDP is estimated to grow by 1.1 percent in 2013 as oil prices and production stabilizes, exports remain subdued, and government expenditure slows down, according to Global Investment House's review of the Kuwait economy. Kuwait's GDP is estimated...Tags: Energy Saving, Kuwait, Prices, Food Industry, Employment
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HIGHLIGHTS-Australia releases 2013/14 budget bill and economic forecasts
ReutersSYDNEY, May 14 (Reuters) - Australia's minority government released its 2013/14 budget bill on Tuesday, which showed a widely-flagged deficit in the new fiscal year. *************************************************************** KEY POINTS: 2013/14...Tags: Gross Domestic Product, Australia, Politics, Economic Indicator, Metal and Mineral
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TREASURIES-Treasuries edge up as investors reconsider Fed tapering
Reuters* Benchmark yield eases back from more than six-week high * German investor morale falls short of expectations * Inflation data expected later in the week By Luciana Lopez NEW YORK, May 14 (Reuters) - Prices for U.S. Treasuries were little changed...Tags: Stamford, Market and Exchange, Credit Ratings, Petroleum Industry, The Wall Street Journal
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Gulf GDP expected to grow 3.7% in 2013
Arab News, Jeddah, Saudi ArabiaThe GDP growth in GCC countries is expected to be at 5.5 percent in 2012 benefiting from high oil revenues, led by higher oil production in Saudi Arabia and Kuwait to compensate for the low supply from Iran. GCC economies are anticipated to expand by 3....Tags: Debt Market, Kuwait, Energy Saving, Productivity, Petroleum Industry
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MENA's GDP growth to moderate at 3.1% in 2013
Arab News, Jeddah, Saudi ArabiaMENA's (Middle East and North Africa's) real GDP is expected to expand by 4.8 percent in 2012 influenced by the growth in oil exporting countries. The real GDP of oil exporting countries is anticipated to expand by 5.7 percent in 2012 compared to 3.9...Tags: Debt Market, Iraq, Consumers, Civil Unrest, Budgets and Budgeting
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
May 14, 2013
|Story| Reuters
May 14, 2013
|Story| Reuters
May 14, 2013
|Story| Reuters
May 14, 2013
|Story| McClatchy-Tribune
May 14, 2013
|Story| McClatchy-Tribune
May 14, 2013
|Story| Reuters
May 14, 2013
|Story| Reuters
May 12, 2013
|Story| McClatchy-Tribune
May 11, 2013
|Story| McClatchy-Tribune
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