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`Sharp rise` in rural joblessness Parts of rural England have seen some of the sharpest rises in unemployment during the last year, a report says. BBCBarclays faces tough questions over iShares Barclays is likely to face more tough questions from shareholders over its decision to sell iShares after the buyer, CVC Capital Partners, said it would look to float the exchange-traded funds business FTMixed report on quantitative easing A month after the Bank of England began pumping up to £150bn in cash into the economy, evidence on the effectiveness of the radical new policy remains mixed FTTribune faces Labor Dept. probe Business News: Feds scrutinizing employee ownership plan -- Tribune Co. is now facing more scrutiny from the feds, this time for the complex employee stock ownership plan that was the key to financing Sam Zell's 2007 takeover of the newspaper and TV station owner. VarietyEconomy car a hit in India In India, customers are lining up to buy the world's least expensive car, the Nano, which went on sale this week. The impact the Nano is expected to have a positive effect on the auto industry, which is facing a worldwide slump in sales. India GazetteMidlands braced for jobs cull as car industry pain rolls on Thousands more workers in the West Midlands car industry face redundancy, despite government attempts to free up finance for cash-strapped businesses. Some 50,000 people work in the automotive sector... Big News NetworkObama heralds glimmers of hope President Barack Obama has given the clearest indication yet that the economy is about to recover. 'If we stick with it and don't flinch in the face of difficulties then I am absolutely convinced that we are going to get this economy back on track' he said. TelegraphChina`s Wen cites March output bounce as lending soars - Boston Globe: Latest China's economy is in a better shape than expected with March industrial output growth exceeding forecasts, but it still faces big challenges, Premier Wen Jiabao said on Saturday. NewsRackPeter Schiff: Reflating the Bubble Amid an 'inflationary depression' in the U.S., Peter Schiff, president and chief global strategist of Euro Pacific Capital, sees opportunities in the maelstrom. Facing a massive redistribution of wealth, he advises investors to act quickly and 'divest U.S. dollar assets into physical precious metals, other currencies and equities outside the United States.' In this exclusive interview with The... IB TimesBritish Pound May Offer Selling Opportunities This Week The British pound ended the past week within a tight range versus the US dollar of 1.4600-1.4750 following the March 9 rate decision from the Bank of England,... Daily FX1 2 3 |
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