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If global investors were looking for reassurances from Dubai that it would back its massive, debt-swamped investment conglomerate, they got none Monday. ...more
December 1, 2009
Debt-burdened Dubai insisted that it took into account market fallout from its appeal to delay paying creditors, but offered no specifics and did little to ease worries that dragged down global markets for a second day Friday. ...more
November 27, 2009
At some point a person just has to believe things are getting better. For a lot of Americans, that's almost impossible, and with good reason. But there are flickering signs, and even a few non-partisan experts are saying there is a light at the end of the tunnel. ...more
March 20, 2009
According to the article "Carbon Emissions Growing Faster" in last Sunday's Tampa Tribune, Co2 emissions have been growing at 3.5 percent per year since 2000. At this rate, the increase will reach a total of 41 percent by the year's end. Since Al Gore and his so called scientists and researchers have already conclusively linked increases in Co2 emissions with that of increases in global warming, wouldn't one have expected a rather dramatic or possible even a catastrophic increase in the earth's temperature during this period? Not so, for as studies have shown and we all we know, absolutely no warming has taken place since! It's time to finally lay Gore's theory to rest. ...more
February 20, 2009
Ban Lifting Gets Results According to an Opinion Research Corporation poll, 73 percent of people surveyed agree with John McCain, favoring more drilling for oil. On July 15, President Bush, who has long promoted offshore drilling, heard the people and lifted the executive branch ban on offshore drilling. ...more
July 25, 2008
The head of Allstate Floridian pleaded poverty as the reason behind rising homeowners insurance rates on Monday, insisting the back-to-back four-storm seasons of 2004-05 nearly crippled the company and continue to squeeze its ability to cover claims. ...more
February 4, 2008
A rogue trader who cost France's Societe Generale bank more than $7 billion by making bad stock market bets was taken into custody Saturday for questioning, judicial officials said. ...more
January 27, 2008
Billions of dollars in mortgage losses reported during the third quarter could be a prelude to bigger losses in the fourth quarter, as two more financial institutions warned of substantial write-downs Wednesday. ...more
November 15, 2007
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