Economist: No housing bubble in Florida
Palm Beach Daily News – A senior economist with Wachovia Corp. explained to an audience of Palm Beach clients Friday why his team does not believe there has been a housing “bubble” in Florida. There is “derived demand” for residential real estate, Mark Vitner emphasized
Indian government opens retail sector to foreign corporations
World Socialist Web Site – In a decision that will have devastating consequences for some of the poorest sections of Indian society, the Indian cabinet last month approved the opening up of the country s retail and other sectors of the economy to foreign investment. There are
Stocks Fall as Jobs Data Fan Inflation Worries
Los Angeles Times – Wall Street pulled back Thursday as inflation and interest rate concerns again gave some investors pause. A drop in oil prices failed to turn the mood. Investors grew jittery after the government said new claims for unemployment benefits fell by 20
Is the Federal Reserve Preparing for Iran? Beware the Ides of March.
Safe Haven – Turnover continues at the top posts of the Federal Reserve , and the inexperience we find leading this institution is alarming at a crucial time when U.S. monetary policy is going where no man has gone before, where the U.S. Dollar’s status as the
EU Proposes Progressive Duty On Chinese, Vietnamese Leather Shoes
SportingGoodsBusiness.com – FEBRUARY 24, 2006—European trade commissioner Peter Mandelson confirmed that the European Commission’s investigation into complaints of dumping of leather shoes from China and Vietnam has found compelling evidence of state intervention, dumping
Orion s acquisition enhances its offer with strong brands
WebWire – 23.02.2006, To enhance its offer in self-care medication, Orion Corporation Orion Pharma has acquired the business operations of Lyocentre Nordic, the Finnish subsidiary of the French company Les Laboratoires Lyocentre. Through the acquisition, Orion
Highlights of rising and falling U.S. stocks
Investors Business Daily – Abercrombie & Fitch Co. ( ANF ) said February same-store sales, or sales from stores open at least a year, increased 5%. Total sales for the four weeks ended Feb. 26 gained 21% to $192.7 million, the teen apparel retailer said. ADC Telecom ( ADCT