By Street Wise Reports
If the people and politicians of the U.S. can't muster the will to reform Social Security and Medicare, the country will slide on down toward what internationally renowned economist Lacy Hunt calls the "bang point." What we'd face on the other side would be bad news indeed. (3:56 pm)
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GOLD, FEDERAL RESERVE, HSBC, FIXED-INCOME, GDP, JAPAN
By IBTimes
The Japanese government and local companies will buy a 10 percent stake in Chevron Corp. (CVX)'s Wheatstone natural gas field in Australia for 350 billion yen ($4.37 billion), Nikkei newspaper reported. (1:03 pm)
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CHEVRON, JAPAN, NYSE
By IBTimes
General Electric Co. (NYSE: GE) said it would buy two mining equipment companies as it seeks to expand in the $61 billion global mining supplier industry. (12:48 pm)
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CHINA, GENERAL ELECTRIC, NYSE, MANAGEMENT
By IBTimes
A coalition of companies has joined Anglo-Dutch energy giant Royal Dutch Shell in an unprecedented, landmark joint-venture to exploit natural gas resources in Western Canada. (12:37 pm)
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CHINA, NYSE, INVESTMENT, LONDON
By CME Group
July soybeans were trading 19 1/2 cents lower late in the overnight session. China futures closed down 0.5% overnight and down for the 4th session in a row. Palm oil futures in Malaysia closed down 3.9% to a new 3-month low. (9:30 am)
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CHINA, EGYPT
By IBTimes
Although Greece is considered the “cradle of Western Civilization,” the nation has had a vastly different history and trajectory from the dominant countries of Western Europe. (9:27 am)
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GERMANY, EUROPEAN UNION, PAKISTAN, ELECTIONS, RELIGION, INDIA
By Forex.com
The Bank of England stole the headlines this morning as it delivered its second Inflation Report of the year. Its message was fairly grim: the UK won't regain its 2007 level of output until 2018. (8:44 am)
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TWITTER, LONDON, GOLD, UNEMPLOYMENT, GDP, JAPAN, BANK OF ENGLAND
By IBTimes AU
The Japanese government together with a consortium of Japanese companies are poised to buy a 10 per cent stake in Chevron Corp.'s Wheatstone liquefied natural gas (LNG) project in Australia for $4.35 billion. (6:29 am)
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CHEVRON, JAPAN, EARTHQUAKE, TSUNAMI
By Comsec
The Australian sharemarket lost ground for the second consecutive day, with the All Ordinaries Index (XAO) falling by 2.4 pct or 101.6 pts to 4214.7. Shares have fallen by around 5 pct so far this month and have significantly reduced the gains for the calendar year to just 2.5 pct. (6:24 am)
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UNEMPLOYMENT, WESTPAC, GERMANY, TWITTER, FACEBOOK, ELECTIONS
By IBTimes UK
We round-up all the details surrounding Max Payne 3, which launches this week including gameplay, plot, release dates and videos. (5:43 am)
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NEW YORK, ADDICTION