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7 Nov,
5:31 PM
Meanwhile, IMF director Dominique Strauss-Kahn says progress is being made on a possible financial sector tax, also known as the IMF tax, which would be an incentive to take less risks, but also create an insurance fund to be used in case of a future crisis.
7 Comments
7 Nov,
2:24 PM
From the G-20's communique (.pdf) today: "Economic and financial conditions have improved following our coordinated response to the crisis. However, the recovery is uneven and remains dependent on policy support, and high unemployment is a major concern. To restore the global economy and financial system to health, we agreed to maintain support for the recovery until it is assured." Here's the G-20's progress report (.pdf).
2 Comments
Keith Schaefer: Yemen made its first liquefied natural gas (LNG) shipment Nov 7 from a $4.5bn plant--to South Korea on a Korean tanker
40 minutes ago
Bill S. Friend: The USD lost 97% in 40 years +/- so the next 20 will have a 48.5% headwind to overcome. the attraction of precious metals will increase
about 6 hours ago
LongShortTech: Wistron is expected to ship 800k LCD TVs in Q4, 2.5m units in 2009. Q1 2010 forecast = 1m units; total 2010 = 5m units. Cf. AUOLPLGLW