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New Post has been published on Globial Talks Business

New Post has been published on http://globial.com/globialtalksbusiness/8-banks-repay-3-6b-euros-crisis-loans-ecb/

8 Banks to Repay 3.6B Euros of Crisis Loans to ECB

Next week, 8 banks will be repaying 3.59 billion euros of crisis loans early to the European Central Bank, a lower than expected total: (Reuters) – Banks will next week return 3.59 billion euros ($4.8 billion) of crisis loans early to the European Central Bank, the ECB said on Friday, a...

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New Post has been published on Globial Talks Business

New Post has been published on http://globial.com/globialtalksbusiness/us-wholesale-inventory-0-4-factory-production-0-3/

US: Wholesale Inventory Up 0.4%, Factory Production Up 0.3%

Wholesalers in the US increased inventories by 0.4% in September, indicating business expectations of increased demand. Factory production was also up 0.3% indicating growth in industry: WASHINGTON (AP) — U.S. wholesalers increased their stockpiles in September for the third straight...

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New Post has been published on Globial Talks Business

New Post has been published on http://globial.com/globialtalksbusiness/ap-answers-whats-holding-europes-recovery-back/

AP Answers: What's Holding Europe's Recovery Back?

Why is the European Union’s recovery faltering as it has barely emerged from recession? The Associated Press released an in depth look on the reasons why. One key reason is high unemployment–12.2% overall with Greece and Spain spiking above 25%. Greece is the worst off with a...

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New Post has been published on Globial Talks Business

New Post has been published on http://globial.com/globialtalksbusiness/us-trade-deficit-widens-imports-rise-1-year-high/

US Trade Deficit Widens as Imports Rise to 1 Year High

The US trade deficit rose 8% in September to $41.8 Billion as imports reached a 1 year high and exports fell for the third month in a row. Jobless claims were also greater than previously reported, underscoring a continuing weakened economy: (Reuters) – The U.S. trade deficit widened in...

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New Post has been published on http://globial.com/globialtalksbusiness/french-economy-shrinks-german-growth-slows/

French Economy Shrinks, German Growth Slows

Though the Eurozone as a whole show overall slow growth and recovery of 0.2%, France’s economy actually contracted by 0.1%, raising concerns of the country’s economic strength. German growth slowed to 0.3% from 0.7%: (Reuters) – France’s economic recovery fizzled out in...

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New Post has been published on http://globial.com/globialtalksbusiness/russian-economic-growth-1-5-1-6-forecasted/

Russian Economic Growth: 1.5-1.6%, Below Forecasted

Russia’s economic minister Alexei Ulyukayev says Russia will grow by 1.5-1.6% in 2014, a downgrade from the previous forecast of 1.8%: (Reuters) – Russia’s economy is likely to grow by 1.5-1.6 percent this year, Economy Minister Alexei Ulyukayev said on Wednesday, below a...

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New Post has been published on http://globial.com/globialtalksbusiness/us-refiners-ship-jet-fuel-eu-tariff-repeal/

US Refiners to Ship Jet Fuel to EU With Tariff Repeal

Good news for US oil refiners, the EU has repealed an import duty on jet fuel which should open the way for large scale shipping of jet fuel to the EU from Gulf refiners: (Reuters) – U.S. refiners are expected to ship large volumes of jet fuel across the Atlantic starting in 2014 after the...

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New Post has been published on Globial Talks Business

New Post has been published on http://globial.com/globialtalksbusiness/us-oct-budget-deficit-24-lower-shutdown-spending-cuts/

US Oct Budget Deficit 24% Lower on Shutdown, Spending Cuts

The US Government’s budget deficit for 2014 was smaller by 24%  than October of the previous year due to spending cuts, increased tax revenue, and the partial government shutdown. Pressure is still on for lawmakers to reach a budget deal before Dec 13: WASHINGTON (AP) — The U.S. ...

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New Post has been published on http://globial.com/globialtalksbusiness/feds-future-chair-economy-jobs-still-need-help/

Fed's Future Chair: Economy, Jobs Still Need Help

Future Fed Chairwoman Janet Yellen said unemployment and the economy still need to recover. She testified that aggressive monetary policy by the Federal Reserve  to keep interest rates low is the best tool to support the US recovery: WASHINGTON (AP) — Janet Yellen says the economy has r...

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New Post has been published on http://globial.com/globialtalksbusiness/eu-negotiators-agree-2014-budget-larger-expected/

EU Negotiators Agree on 2014 Budget, Larger Than Expected

EU negotiators in Brussels have settled on a deal for the 2014 budget, cutting spending by 6%, but falling short by 0.5 billion of Commission targets and 0.9 billion of Parliament targets. The deal still needs to be approved by the EU ministers and Parliament: Negotiators in Brussels have...

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New Post has been published on http://globial.com/globialtalksbusiness/us-immigration-bill-destroy-indian-companies/

US Immigration Bill Would Destroy Indian IT Companies

A new immigration bill being considered by the House of Representatives would decimate many US technology companies who depend on Indian IT workers on H1-B and L-1 visas according the the Economic Times: It is called HR 15, a bill that if passed in its current form would essentially shut down...

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New Post has been published on http://globial.com/globialtalksbusiness/phillipines-typhoon-highlights-need-infrastructure-investment/

Phillipines Typhoon Highlights Need for Infrastructure Investment

The Phillipines economic growth had been the fastest in all of Asia until Typhoon Haiyan devastated a region of the Phillipines, displacing 600,000 and killings thousands. Roads, ports, and power lines are gone–highlighting the need for more infrastructure spending for the Phillipines to...

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New Post has been published on http://globial.com/globialtalksbusiness/thanksgiving-new-black-friday/

Thanksgiving: The New Black Friday?

As more and more retailers and stores are opening for Thanksgiving evening, many are asking if Thanksgiving is becoming the new Black Friday. Black Friday is traditionally seen as the official start to the holiday shopping season, when stores can make almost 40% of annual profits. Some see...

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New Post has been published on Globial Talks Business

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New Post has been published on Globial Talks Business

New Post has been published on http://globial.com/globialtalksbusiness/china-unveil-10-year-economic-reform-plan/

China to Unveil 10 Year Economic Reform Plan

Chinese leaders will release a major economic reform plan next week to help boost the China’s economy. Expectations include greater market force influence on prices and reduced regulation/tax reforms: (Reuters) – China’s leaders will unveil a reform agenda for the next decade...

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New Post has been published on http://globial.com/globialtalksbusiness/china-entrepreneurs-call-business-freedom/

China Entrepreneurs Call for Business Freedom

Chinese entrepreneurs are calling for economic reform as China’s ruling party holds a major economic planning meeting. Entrepreneurs are dissatisfied with the current regime’s favoring of politically favored state companies: Wang, who was a low-profile member of China’s...

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New Post has been published on http://globial.com/globialtalksbusiness/number-smartphones-increase-300-2019/

Number of Smartphones to Increase 300% by 2019

The world will be an even more connected place and smartphones will become the new status quo according to a report by Ericsson AB. Good news for mobile-centric companies: STOCKHOLM (AP) — The number of smartphones is forecast to triple to 5.6 billion globally by 2019, accounting for more...