Economics & Investments

Syria’s Currency Sags Under Weight of Unrest

By Suleiman Al-Khalidi Black smoke is seen from Homs refinery (in the background) after a pipeline carrying oil from the east of the country to the refinery was blown up, in this December 8, 2011 file handout photograph released by Syria’s national news agency SANA. Long queues to get heating oil and petrol, along with […]

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January 12, 2012

Stratfor Relaunches Website in Wake of Attack

Intelligence analysis firm Strategic Forecasting Inc (Stratfor) relaunched its website more than two weeks after an attack by hackers who had stolen data of clients including Henry Kissinger and former Vice President Dan Quayle.

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January 12, 2012

“I Have a Trust, But What Does It Mean To Have It “Funded?”

Although the concept of estate planning has been addressed in my previous articles, as well as the importance of establishing a Revocable Living Trust, one topic that I have yet to bring up is the importance of “funding” a trust.

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January 9, 2012

Exclusive: Petronas in Talks with Oil Majors for Petchem Tie-up

Petronas is in talks with several global oil majors including Shell and Exxon Mobil to develop petrochemical plants within its $20 billion refinery complex in southern Malaysia

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December 29, 2011

Three Million Could Lose Jobless Pay in Impasse

More than three million people stand to lose unemployment insurance benefits in the near future because of an impasse in Congress over how to extend the aid and how to offset the cost.

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December 22, 2011

Analysis: 2012 Could Prove Even Wilder Ride than 2011

… but you don’t have to believe the world is about to end to realize that next year contains perhaps the widest range of political risks to the global economy in recent history.

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December 22, 2011

Newt’s Tax Plan, and Why His Polls Rise the More Outrageous He Becomes

Newt Gingrich has done it again. With his new tax plan he has raised the bar from irresponsibility to recklessness.

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December 15, 2011

How Proper Planning Can Save You Thousands in Estate Taxes

Unless one of your primary objectives is to fund the government with more of your money, taking the initiative of planning your estate should be one of your top priorities.

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December 1, 2011

Corporate Profits Doomed, Warns Grantham

Bearish stock-picker says margins freakishly high; ‘lot of profit disappointment coming our way’

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December 1, 2011

Dubai Diversifies with Push into Diamonds

By Nour Merza DUBAI, Nov 16 (Reuters) – The United Arab Emirates, the world’s fourth-largest oil exporter and home to gold trading hub Dubai, is rapidly becoming a force in trade of another highly valuable commodity: diamonds. Dubai, the UAE’s centre for gem trade, handled $35 billion worth of rough and polished diamonds in 2010, […]

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November 23, 2011

The Downward Path of Upward Mobility

In fact, over the past decade, growing evidence shows pretty conclusively that social mobility has stalled in this country.

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November 17, 2011

Banks Promise Not to Commit Fraud … Until Next Time

Citigroup (NYSE: C ) promised it would never again, as The New York Times put it, “violate one of the main antifraud provisions of the nation’s securities laws.” That seems like a noble aim, and we’d love to believe that Citigroup means what it says.

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November 17, 2011

Richard Russell: 12 Tips for the New Normal

Born in the Great Depression, Russell knows what it’s like to live in hard times. And in this new normal he has some survival tips.

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November 10, 2011

Islamic State v. Capitalism

As capitalism loses its universal appeal, it is an opportunity for Islamic intellectuals to offer an alternative that is more natural, equitable and social.

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November 10, 2011

Business Succession Planning: Common Mistakes Made By Business Owners

Despite having millions of small business operating in the United States, many of those small-business owners don’t have the faintest idea on how to formulate a proper business succession plan.

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November 10, 2011

America Must Manage Decline

If America were able openly to acknowledge that its global power is in decline, it would be much easier to have a rational debate about what to do about it. Denial is not a strategy.

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October 27, 2011

Tunisia’s Ennahda May Back Open Economy

Tunisian Islamists who won a historic election victory this week are expected to promote business-friendly economic policies but Europe’s economic woes could favour Gulf investors in the short term, analysts say.

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October 27, 2011

Senate Blocks Obama’s $447 Billion Job Creation Legislation

Opponents of President Barack Obama’s $447 billion jobs plan blocked the measure in the Senate, with two Democrats joining Republicans to derail his prime proposal to help turn around the struggling economy.

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October 13, 2011

The Fatal Distraction

Friday brought two numbers that should have everyone in Washington saying, “My God, what have we done?”

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September 8, 2011

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