India's economy expanded by a blistering 8.4 percent rate
Buoyed by forecasts of strong growth, and all those American jobs, foreign investors have poured
billions of dollars into Indian shares.
Free-trade agreement between Singapore and US
From January 1, 78.7 percent of Singapore goods will immediately enjoy duty-free entry into the United
States, rising to 92 percent within four years.
Japan to waive vast majority of Iraqi debt
Prime Minister Junichiro Koizumi told special US envoy James Baker at a meeting, Japan is ready to
write off most of its Iraqi debt if other creditors do the same.
Yen's rise causes government intervention
Japan's central bank has agreed to lend up to 10 trillion yen ($93.3 billion) to monetary authorities
as a stopgap measure to cover an aggressive campaign to keep the yen from rising.
Christmas Day rush driven by net sales
Internet sales are predicted to hit $85 million on Christmas Day, up 25% from a year ago. Retailers
have upgraded sites for high-speed customers.
UN budget hits all time high
The UN General Assembly approved a two-year budget for the United Nations in 2004-2005 that
exceeds three billion dollars, what a waste of money!
GDP gains 8.2 %, if you believe the stats
The U.S. economy, propelled by tax cuts and low interest rates, roared ahead at an 8.2 percent
annual rate in the third quarter, the best showing in nearly 20 years.
NewsCorp gets approval for DirecTV
Rupert Murdoch is expected to ramp up the competitive fight for consumers' TV dollars, competition
no longer even a pretense.
Securities regulators gives OK to NYSE reform
SEC approves creating an independent eight-member board of directors and a 20-plus-member advisory
board made up mostly of Wall Street executives.
Goldman Sachs CEO new head of NYSE
Big Board named Goldman Sachs president John Thain as the exchange's new chief executive, keeping
the scandal all in the family.
Oil at highest price since Iraqi War
Jumping as much as 3 percent to near $34 a barrel after government data indicated crude inventories
dwindled to the lowest level ever recorded in the month of December.
France and U. S. to forgive some of Iraq debt
Reconstruction efforts might help to improve relations between the Paris and Washington,
but will Baker save the U.S. from its own policies?
U.S. markets down, Dollar flat
After all the hype, caughting Saddam was a hiccup. Reality of the all the spending and the magic
of 'so called' growth is coming home.
Halliburton or China Trade the big story?
Investigating Halliburton while ignoring the record Chinese trade deficit is typical of focusing
on the wrong issue, when will common sense return?
Greenspan - the cheer leader for Globalists
Alan Greenspan warns on protectionism, saying moves in that direction would be "destabilizing"
and cost US jobs. Hello, they already went offshore!
Dow spikes can't hold, market dips
10,000 is no magic number, just a barrier that feeds perception. Markets seldom reflect fundamental
reality, when they are fake.
Feds keep rates the same
The Feds tells investors its monetary policy would remain accommodative for a "considerable period"
of time.
WoldCom executive trial goes forward
That $4.25 billion in credit for WorldCom, was just the tip of the fraud. When will the top crooks
pay for putting operating expenses off the books?
Unemployment 5.9% or just under reported?
If you really accept the unemployment stats you may even believe that inflation is low.
Many just gave up and prices are cooked up.
SEC set for new mutual funds rules
More oversight, late trading and market timing - won't curb greed with a code of ethics. Eliminate
all those conflicts of interest.
OPEC to take "pro active" production quotas
There is "a high possibility" of a cut in production early next year, according to Saudi Arabian
Oil Minister Ali Al-Nuaimi, no surprise.
Steel tariffs set for repeal?
Bush grabs cash from Steel executives as the the decision nears to keep or repeal needed tariffs to
preserve domestic independence.
All not well in the mouse house
Michael Eisner never understood Walt. With Roy Disney stepping down, Minnie will begin to look
more like Britteny - Mickey won't be the same.
