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Europe debt crisis triggers fall in oil demand
Arab News
While demand has been dismal in Europe as the sovereign debt crisis worsened, demand for oil in the US has also surprised to the downside. According to the US Energy Information Agency, demand for oil in America has now fallen to about 18 million bpd, ...

09:08 PM 02/04/2012


Data theft leads to debt collector's license suspension
Minneapolis Star Tribune
The suit also includes allegations that Accretive violated state debt collection laws in some instances, including accusations that collectors provided false or misleading information. The Commerce Department is conducting its own investigation of the ...
Minnesota AG sues business associate for loss of patient data stored on laptopLexology (registration)

all 4 news articles »
03:00 AM 02/04/2012


Fed chairman Ben Benanke says US debt 'clearly unsustainable'
Toronto Star
Using information from the recent budget outlook by the Congressional Budget Office . . . the budget deficit would be more than 4 per cent of GDP in fiscal year 2017, assuming that the economy is then close to full employment.

and more »
05:59 PM 02/04/2012


Fitch Rates $74MM Virginia Public Bldg Auth Rev Rfdg Bonds 'AA+'
MarketWatch (press release)
The commonwealth's 'AAA' rating reflects its substantial economic resources, conservative approach to financial operations which includes periodic revenue forecast updates, and lower-moderate debt levels. For more information on the commonwealth's GO ...

and more »
10:02 PM 02/03/2012


Saba's Weinstein Says Stocks Attractive While Corporate Debt Is Overpriced
Bloomberg
Boaz Weinstein, who runs $5 billion hedge fund Saba Capital Management LP, said he is betting that stocks will rally and urged investors to buy protection on investment-grade corporate bonds because debt is overpriced. “Credit stands out as extreme ...

and more »
09:18 PM 02/03/2012







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