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German Actions re Libya / Nukes / Euro Disturb Allies
Driven by electoral pressures and Germany’s postwar aversion to war and nuclear power,Chancellor Angela Merkel has deeply strained relations with allies in the European Union and the NATO alliance,raising...
US States Hit Cities With Cascading Budget Cuts
The state budget squeeze is fast becoming a city budget squeeze, as struggling states around the nation plan deep cuts in aid to cities and local governments that will...
Big Japan Stock Splurge by US Investors
Apparently heeding St Warren of Buffett's maxim to be greedy when others are fearful,American investors poured $1.2 billion last week into Japanese equity exchange-traded funds, or ETFs, according to...
Beirut, Iran Echoes Worry Bahrain Sunnis
When Bahrain’s pro-democracy movement began its demonstrations in Pearl Square last month, Atif Abdulmalik was supportive. An American-educated investment banker and a member of the Sunni Muslim elite, he...
World Oil Prices Fall on Japan Disorder
The recent traumatic jolt to Japan’s economy, by lowering global energy demand, has at least temporarily offset some of the Libyan uprising’s impact on oil prices. But experts say...
ATT / T-Mobile Deal Will Screw US Cellphone Consumers
The $39 billion proposed merger of AT&T and T-Mobile could save the companies a lot of money. For everyone else, it could cost a lot more. No sooner did...
US Goals In Libya Intervention Unclear
All the deliberations over what military action to take against Col. Muammar el-Qaddafi of Libya have failed to answer the most fundamental question:• Is it merely to protect the...
Egypt Vote Defeat for Forward-Looking Forces
Egyptian voters overwhelmingly approved a referendum on constitutional changes on Sunday that will usher in rapid elections, with the results underscoring the weakness of emerging liberal groups,and strength of...
US Big Bank Heads Get Huge Payouts
Even as ordinary investors look forward to the prospect of larger dividend payouts by the big banks, another group is poised for a rich payday: bank chief executives. On...
Buffett Makes $1.7 Billion on Goldman “Rescue”
Goldman Sachs has said it will pay off an expensive 2008 investment from Warren E. Buffett, hoping to put one of the most difficult periods in its history behind...


