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Sterling advances after rate cut
The pound advanced on Thursday as the Bank of England failed to mention the possibility of quantitative easing after delivering a widely forecast interest rate cut.
FT.com

Senate eases `Buy American` terms
The Senate on Wednesday night agreed to soften a 'Buy American' provision in its economic stimulus package, clarifying that the clause will not override the United States' existing trade treaties.
CNN Money

Peter Hambro raises £72m
Peter Hambro Mining eased fears over its looming debt obligation by raising £72m through a share placing and paving the way for a merger with Aricom, an iron ore developer
FT.com

Childcare: Five ways to soothe the financial pain
For many families the cost of childcare can be crippling but there are ways to ease the burden. Here are five of the best.
Telegraph

iMovie '09 "a true 'wow' update for video software"
iMovie '09, reports Andy Ihnatko (suntimes.com) "is a revolutionary update to iMovie '08." From precisely editing clips with ease to synchronizing video to audio to stabilizing jerky video (what he calls "the eye-popping all-star new feature"), the lastest version of iMovie "makes nonlinear editing into truly a nonlinear creative process."
apple.com

Barclaycard freezes credit card rates
Barclaycard has announced a new set of measures to ease the pressure on credit card borrowers.
Moneynet.co.uk

Qatar house prices may fall 10% in 2009, says Colliers
QATAR. House prices in Qatar are expected to ease 10% this year but a stable economic outlook and rising population in the Gulf state due to the expansion of energy production facilities are likely to cap further falls.
Business Intelligence Middle East

Bellway warns margins under pressure
The housebuilder that has moved aggressively into social housing eased fears about its debt level on Thursday after saying it was planning to reduce payments by up to £120m in the coming months
FT.com

ECB`s Trichet Says Latest Data Confirms ``Significant`` Economic Downturn (Update)
(CEP News) Frankfurt - With incoming data confirming a prolonged period of economic slowdown, as well as easing inflationary pressures, the European Central Bank Governing Council voted to keep its main refinancing rate unchanged at 2.00%, ECB President Jean-Claude Trichet said on Thursday.
Economic News

Gold Demand Resurges
Nicholas Jones submits:I love to analyze gold in issues of Bourbon and Bayonets, especially with a focus on the macroeconomic issues that are extremely bullish for our favorite yellow metal. The economic crisis and complete lack of competence from our leaders has resulted in a current financial climate that will result in the most fantastic run the price of gold has ever experienced. The quantitative easing around the globe is definitely the greatest single bullish fundamental that will drive gold going forward. It’s not the only reason gold will rise in price, but it definitely carries the most weight. The thing is, gold is a sort of hybrid investment vehicle. Essentially it’s part commodity part currency. When I discuss things like monetary inflation and the stimulus package, I’m referring to the aspect of gold that acts as a monetary vehicle. I absolutely don’t want to downplay that importance of this notion, but it’s not the whole
Seeking Alpha

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