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There’s More And More Evidence That Spain Is The New Greece

Marshall Auerback URL Marshall Auerback a market analyst and contributor to NewDeal2.0 Recent Posts The ECB Is Already Engaging In Massive QE The European Monetary Union Is The Titanic SOTU: America’s ‘Sputnik’ Moment Is A Sick Joke Nearly one Spaniard in four is unemployed, according to data released on Friday, as the country’s economic and financial predicament prompted a government ...

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Ron Paul does it again with Louisiana Caucus win

May 1, 2012. Baton Rouge. Just over a month ago, Louisiana voters went to the polls and voted for their choice for President. In that race, Rick Santorum finished first, Mitt Romney second, Newt Gingrich third, and Ron Paul fourth. So how is it that after this weekend’s local Louisiana district caucuses, Texas Congressman Ron Paul walked away with 74 ...

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Map: US bases encircle Iran

US military bases continue to form a strategic envelope around Iran, although the American withdrawal from Iraq at the end of 2011 may have changed the regional balance somewhat towards Iran’s favour. While US forces are scaling back in many parts of the globe due to budget cuts – and have begun a gradual depature from Afghanistan to be completed ...

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Dow Jones Industrial Average Soars To Highest Level Since December 2007

* Herbalife shares tank on Einhorn remarks * ISM manufacturing growth tops expectations * Chesapeake to replace McClendon as chairman * Dow up 0.8 pct, S&P up 1.1 pct, Nasdaq up 0.8 pct By Angela Moon NEW YORK, May 1 (Reuters) – U.S. stocks rallied on Tuesday and the Dow hit its highest level since December 2007, after data showed ...

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The Real Way to Avoid a Student Loan Debt Crisis

The recent recession forced many people out of jobs and back to the classroom to learn new skills. As a result, we now have an impending student loan debt crisis. Current reports show that U.S. student loan debt is surging above one trillion dollars, surpassing credit card and auto loan debt. Additionally, the majority (80 percent) of student loans are ...

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Mitt Romney’s tactical dilemma

This week Newt Gingrich will become the latest Republican contender to call it quits on his 2012 US presidential ambitions. The former speaker of the House of Representatives is expected to suspend his campaign and endorse Mitt Romney, leaving Ron Paul as the former Massachusetts governor’s only rival in the race for the Republican nomination. Romney is now working to ...

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Nigeria suicide attack targets police chief, killing ten

The attacker rode a motorcycle into the convoy in Jalingo, the capital of Taraba state in north-east Nigeria, before detonating his explosives. The attack targeted police commissioner Mamman Sule, who was being driven toward his offices, near the governor’s office, said police spokesman Ibiang Mbaseki. The bomber missed injuring Mr Sule, but the explosives caused massive…

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Nigeria suicide attack targets police chief, killing ten

The attacker rode a motorcycle into the convoy in Jalingo, the capital of Taraba state in north-east Nigeria, before detonating his explosives. The attack targeted police commissioner Mamman Sule, who was being driven toward his offices, near the governor’s office, said police spokesman Ibiang Mbaseki. The bomber missed injuring Mr Sule, but the explosives caused massive…

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Greece election: Venizelos warns of far right surge

The leader of the Greek Socialist Pasok party, Evangelos Venizelos, has warned of a rise of the far right in elections in the country on 6 May. Mr Venizelos told a rally in Patras that voters should not allow neo-Nazis to "goose-step into Parliament with Hitler salutes". Polls suggest the…

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Greece election: Venizelos warns of far right surge

The leader of the Greek Socialist Pasok party, Evangelos Venizelos, has warned of a rise of the far right in elections in the country on 6 May. Mr Venizelos told a rally in Patras that voters should not allow neo-Nazis to "goose-step into Parliament with Hitler salutes". Polls suggest the…

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