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Elderly on warpath as savings rates fall
Sinking interest payments penalize millions who depend on income to bolster state pensions
The Globe and Mail

PM says history of targeted FX rates a failure
DAVOS, Switzerland (Reuters) - Prime Minister Gordon Brown said on Saturday that the UK's history of targeting its currency rate had been one of failure and, like other developed economies, it did not...
Big News Network

GOP proposes government-backed 4 percent mortgages, lower income taxes
WASHINGTON -- Republicans will push to lower mortgage rates to 4 percent and cut the lowest tax rates when the Senate begins consideration of its economic stimulus plan Monday, Senate Minority Leader...
Big News Network

Bond yield jump concerns high-borrowers
An unusual jump in bond yields is worrying the US government, which will be forced to pay higher rates on the trillions of dollars of bonds it will need to kick-start economic rescue efforts.
Big News Network

Gordon Brown says: London is not `Reykjavik on the Thames`
GORDON Brown mounted a spirited defence of his government's economic record at the World Economic Forum in Davos yesterday, pointing to the country's low inflation, low interest rates and low public debt.
Times Online

Interest rate set to fall further as manufacturing jobs hang in the balance
INTEREST rates are tipped to fall to 1% this week as policy-makers face renewed calls to protect manufacturing jobs.
CBC.ca

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