GERMANY

WPP finds cautious firms favor ad spending

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Western companies flush with cash but reluctant to commit to longer-term investments spent heavily on advertising in 2010 and especially on TV, boosting the world's biggest ad group WPP in the U.S. and Britain.
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ECB rate signal fans euro zone debt concerns

The European Central Bank said on Thursday it could soon raise interest rates, heightening concerns about the implications for struggling euro zone countries as EU leaders strive to find a solution.
A sticker to support proposition 19, a measure to legalize marijuana in the state of California

Marijuana use causes psychosis in adolescents: BMJ

Marijuana use in adolescents causes psychosis, according to a paper that appeared in the British Medical Journal (BMJ). This piece of research is significant in that it addresses a key question: in adolescents, is the higher-than-average instances of psychosis with marijuana users a cause-and-effect relationship or simply one of correlation?
Chancellor Angela Merkel

Merkel quickly replaces fallen minister

German Chancellor Angela Merkel quickly replaced popular Defence Minister Karl-Theodor zu Guttenberg on Wednesday, hoping to put his plagiarism affair behind her to focus on three state elections.
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Berlin says EU finances draft good basis for talks

German Chancellor Angela Merkel said on Wednesday a European Union document laying out options for a deal on safeguarding euro zone states' public finances was a good basis for discussions at a March 11 summit in Brussels.
Gold bars are pictured at the Ginza Tanaka store during a photo opportunity in Tokyo

Gold and Silver at New Record Highs!

Gold jumped against a falling Dollar in London trade on Tuesday, touching $1,432.10 per ounce, one dollar above the all-time peak of 7th Dec. Silver marks a fresh all-time high at $34.44/oz, while Western stock markets fell and Brent crude oil rose towards new two-year highs.
lions

S.Africa tourism rises 15.1 pct in 2010 on World Cup

Boosted by the soccer World Cup, South Africa saw a record 15.1 percent increase in tourist arrivals in 2010 although the total of more than 8 million was not an all time-high, the tourism minister said on Tuesday.
EU raises euro area GDP growth forecast for 2011

EU raises euro area GDP growth forecast for 2011

Eurozone gross domestic product (GDP) will rise 1.6 percent this year, slightly above the previously forecast growth rate of 1.5 percent, the European Commission said in a report on Tuesday.

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