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THE United States may have already entered a recession set off by the upheaval in the subprime mortgage market and sharp declines in house prices nationwide. For the rich, however, the mortgage crisis and housing slump have created opportunities to leverage their
A major investment bank has collapsed, and the Fed is cutting interest rates to stave off a recession that we may already be in. More and more people seem to be having trouble making their mortgage payments, and credit card delinque
CORPORATE insiders generally don’t believe that stocks are about to enter a major bear market. On the contrary, they are more bullish than they have been at any time since late 2005, when the bull market was very much alive an
UNDER the stewardship of Dow Kim and Thomas G. Maheras, Merrill Lynch and Citigroup built positions in subprime-related securities that led to $34 billion in write-downs last year.
More than half of all exports of German-made textile machinery went to Asia last year, with the majority being sold to textile producers in China, according to trade association VDMA.
Italian automotive parts and accessories manufacturer Acerbis Italia is planning to invest more than CZK 100m (€4m) in an automotive plastic components plant in the Czech Republic.
USDA issued its latest Livestock, Dairy and Poultry Outlook Wednesday. The report suggested challenges and opportunities for the entire sector in the year ahead.

 
 
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