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Economy begins to surge in Newport

September 3rd, 2010
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Economy begins to surge in Newport
The Newport economy appears to be rebounding after a rough 2009.

Read more on WPRI Providence

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Economic Index: Local economy fizzles in July

September 3rd, 2010
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Economic Index: Local economy fizzles in July
After hitting an all-time high in June, the local economy had one its worst months ever in July. The Ithaca College Index of Economic Activity in Tompkins County tumbled 3.06 percent to a level of 152.64 from a revised mark of 157.64 in June.

Read more on The Ithaca Journal

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India’s economy grows 8.8% in June quarter

September 3rd, 2010

India’s economy grows 8.8% in June quarter
NEW DELHI : India’s economy grew 8.8 percent on-year in the first quarter, the strongest performance in more than two years, powered by robust manufacturing growth, official data showed Tuesday.

Read more on Channel NewsAsia

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Economy will grow not less than 8.5 pc in FY’11: FM

September 3rd, 2010

Economy will grow not less than 8.5 pc in FY’11: FM
New Delhi, Aug 31 (PTI) Buoyed by the encouraging first quarter GDP numbers, Finance Minister Pranab Mukherjee today expressed confidence that the economy will grow by not less than 8.50-8.75 per cent this fiscal.

Read more on Press Trust of India

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Recession talk quieted by improving economic data

September 3rd, 2010

Recession talk quieted by improving economic data
The feeble economy exhibited a smidgen of strength Thursday, with mildly positive reports on jobs, store sales and housing.

Read more on AP via Yahoo! News

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UBS’s Donovan Interview on U.S. Economy, Fed, ECB

September 3rd, 2010

UBS’s Donovan Interview on U.S. Economy, Fed, ECB
Sept. 2 (Bloomberg) — Paul Donovan, deputy head of global economics at UBS AG, talks about the outlook for the U.S. economy and Federal Reserve monetary policy. Donovan also discusses the European Central Bank meeting today.

Read more on Bloomberg

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Summary Box: Less gloom on economy clips Treasurys

September 3rd, 2010

Summary Box: Less gloom on economy clips Treasurys
By The Associated Press ANOTHER SLIDE: Treasury prices slid again Thursday, though not as badly as they did the day before, following more positive news on the economy.

Read more on Channel 8 San Diego

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Departing Romer urges more steps to help economy

September 2nd, 2010

Departing Romer urges more steps to help economy
Departing White House economist Christina Romer on Wednesday called for further steps to stimulate the U.S. economy, saying that high budget deficits should not be an excuse for allowing the unemployed to suffer.

Read more on Reuters via Yahoo! News

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Economy Minister: Ryanair Interested in Georgia Entry

September 2nd, 2010

Economy Minister: Ryanair Interested in Georgia Entry
Irish low-cost airline Ryanair is “very much interested” in launching flights to Georgia starting from next summer, Vera Kobalia, the Georgian economy minister, said on August 30.

Read more on Civil Georgia

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Co-operative Group chief believes UK economy won’t pick up until 2011

September 2nd, 2010
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Co-operative Group chief believes UK economy won’t pick up until 2011
UK economy unlikely to improve until end of 2011 says Co-op boss, as company records 30% fall in pre-tax profits The Co-operative Group delivered a grim assessment about the state of the UK economy this morning, predicting that conditions are unlikely to improve until the end of 2011 “at the earliest”. Chief executive Peter Marks warned that the Co-op had felt the impact of the recession across …

Read more on Guardian Unlimited

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