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Markets heading to new danger zone: Zoellick

The loss of market confidence in economic leadership in key countries like the United States and Europe coupled with a fragile economic recovery have pushed markets into a new danger zone, something that policymakers have to take seriously, the head of the World Bank said on Sunday.

U.S. Economy and Stock Market: Where Do We Go From Here?

U.S. Economy and Stock Market
Did last week?s wild stock market swings make you concerned that your 401K will soon turn into a ?201K? ? Then it sounds like it?s a good time to get an assessment of the U.S. economy from two respected economists, Paul Krugman and Irwin Kellner.
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Zoellick warns markets heading to new danger zone

The loss of market confidence in economic leadership in key countries like the United States and Europe coupled with a fragile economic recovery have pushed markets into a new danger zone, something that policymakers have to take seriously, the head of the World Bank said on Sunday.
World Bank Chief Robert Zoellick gestures while speaking at the Asia Society's annual dinner in Sydney

World Bank Head Warns Markets Heading to New Danger Zone

The loss of market confidence in economic leadership in key countries like the United States and Europe coupled with a fragile economic recovery have pushed markets into a new danger zone, something that policymakers have to take seriously, the head of the World Bank said on Sunday.
Locke, new U.S. ambassador to China, stands with his family outside their residence as he speaks to the media in Beijing

Locke says China need not fret over dollar assets

China should rest easy that its investments in the dollar remain safe, the newly arrived U.S. ambassador in Beijing, Gary Locke, said on Sunday, adding that the world's two biggest economies could find common ground despite economic and political strains.
For Discussion: 2012 U.S. Presidential Election

Michele Bachmann wins Iowa Republican poll

Michele Bachmann won the Iowa straw poll on Saturday in the first big test of the 2012 Republican presidential campaign, as Texas Governor Rick Perry launched a White House bid that could reshape the race.
Rupert Murdoch

U.S. expands probe of News Corp: report

Authorities are investigating if Britain's News Corp had a broader pattern of misconduct in the United States, the Wall Street Journal reported in its online edition on Saturday.
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'Electronic Tattoo' to Track Patients? Vital Signs

Researchers have developed a super-thin "skin-patch" that mounts onto the skin like a temporary tattoo and has an array of electronic components that allows researchers to track key vital signs from patients. The patches are already able to monitor the heart, various other muscles and brain activity.
At Issue: U.S. and Global Economies

Nouriel 'Dr. Doom' Roubini: ?Karl Marx Was Right?

Economist Nouriel "Dr. Doom" Roubini, the NYU professor who four years ago accurately predicted the global financial crisis, says tough medicine is needed to end it: another round of massive fiscal stimulus or a universal debt restructuring. If neither occurs, a systemic flaw will, at minimum, continue to hinder economic recovery.
At Issue: U.S. and Global Stock Markets

U.S. Stock Market: Dow?s Wild Ride May Continue, on Societe Generale Woes

After a week of wild gyrations that saw the Dow Jones Industrial Average rise or fall 400 points on four consecutive days, there?s word that a major bank in France with a funny-sounding name may be in trouble. Further, if you think a possible problem at France's Societe Generale won?t affect the value of the U.S. stocks you own, think again.
U.S. President Barack Obama

Obama Says Political Divide is Hurting Economy

President Barack Obama said on Saturday that bitter fights between Democrats and Republicans in Washington were hurting the economy and he urged lawmakers to embrace compromise in order to boost job growth.
Britain's Chancellor of the Exchequer George Osborne leaves Downing Street in London

UK's Osborne says no change in police reform plans

Britain's Finance Minister George Osborne said Saturday the country must tackle its "deep-seated" social problems after riots spread across the country last week, but said it would stick to its plan to reduce police numbers.

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