Serendeputy - your personal news assistant.

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Though it would be hard to see it in the midterm election results, we live in the opening phase of a great countermovement against neoliberalism. The evidence is everywhere you look, and not only in the United States and Latin America. The stunning success...
From: The American Prospect | By: David Bensman | Monday, November 24, 2014
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This week, House Republicans selected Wisconsin Rep. Paul Ryan as the next chairman of the powerful House Ways and Means Committee. That lofty perch, the AP was quick to proclaim, gives Ryan "a high-profile platform if he decides to run for president...
From: Daily Kos | By: Jon Perr | Monday, November 24, 2014
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It’s amazing and depressing that we’ve spent six years at the big zero....
From: New York Times | By: PAUL KRUGMAN | Monday, November 24, 2014
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This story wasn't published because of advertisers or corporate sponsors, but through support from Truthout readers. Click here to join the community that keeps us going! Democrats are paying heavily for their political failures - and for ditching the...
From: Truthout | Sunday, November 23, 2014
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Debt management is one of several debt-relief options for those who are struggling to keep up with a growing pile of bills each month. When you sign up for a debt management plan, you pay a single company every month instead of all of your creditors....
From: The Simple Dollar | By: Saundra Latham | Sunday, November 23, 2014
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Two analysts support Caesars Entertainment Corp. placing its largest operating division into a real estate investment trust to deal with its gaming industry-high debt load, even though the company might have backed away from the concept.
From: Las Vegas Review-Journal | Monday, November 24, 2014
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LISBON -- Former Portuguese Prime Minister Jose Socrates has been detained by police as part of an investigation into corruption, money-laundering and tax fraud, Portugal's Attorney-General's office said Saturday. Socrates, who was Portugal's prime minister...
From: TheStreet | By: The Associated Press | Sunday, November 23, 2014
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Another Monday, and still a shortage of high-quality DeLong Smackdowns on the Internet that I can justify bringing to your attention. But I can't face reading another Kindle screen from chapter 11 of David Graber's *Debt* right now. So I am going to...
From: Brad DeLong | By: J. Bradford DeLong | Monday, November 24, 2014
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Sen. Mary Landrieu (D-LA) “is running out of ways to win her runoff in Louisiana next month,” National Journal reports. “At this point, her party isn’t swooping in to save the day: National Democrats have pulled the plug on her [...]
From: Taegan Goddard's Political Wire | By: Taegan Goddard | Sunday, November 23, 2014
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Our annual, unapologetically subjective list includes everyone from rappers and corporate predators to chefs and non-profit paragonsThe post The Maclean’s Power List: The 50 most important people in Canada appeared first on Macleans.ca....
From: Macleans | By: macleans.ca | Saturday, November 22, 2014
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(For the youth of today, here is the reference.) I see Americans for Tax Reform is against reappointment of Doug Elmendorf as CBO head. It is a remarkable document, insofar as it is so full of factual errors that the head spins. Montgomery at WaPo provides...
From: Econbrowser | By: Menzie Chinn | Sunday, November 23, 2014
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The public employee pension system in Illinois is an absolute disaster. It's objectively in the worst state in the whole country. According to a recent analysis by non-profit State Budget Solutions, it's at or near the top of several different lists...
From: Reason | By: Scott Shackford | Friday, November 21, 2014
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How do I feel more confident about myself?Basically, I'm not at an ideal place in life. I feel I should be making more money at this point in my life (I'm 28), and I've made financial mistakes in the past that I'm paying for now (debt, living at home)....
From: Ask Metafilter | By: morning_television | Friday, November 21, 2014
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All the latest business and economics news, as a new survey shows business optimism fell sharply in OctoberLatest: German IFO beats expectationsMarkit: October business confidence lowest since 2009Firms fear worsening global outlook, rate rises, geopolitics....Spanish...
From: The Guardian | By: Graeme Wearden | Monday, November 24, 2014
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The non-profit organisation, which provides credit counselling for financially distressed individuals, is looking into extending help to struggling small business owners by providing a debt restructuring programme that can help individuals pay off both...
From: Channel News Asia | Monday, November 24, 2014
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China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making....
From: Irish Independent | Monday, November 24, 2014
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[Conference on European Economic Integration (CEEI)](http://www.oenb.at/en/Calendar/Archive/2014/conference-24-11-2014.html) * **Nowotny**: calls attention to the relative success of manufacturing- and cross-border heavy economies--the Visegrad Group--in...
From: Brad DeLong | By: J. Bradford DeLong | Monday, November 24, 2014
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Hungary's sovereign debt ratings are scheduled to be reviewed by Fitch Ratings on Friday. European Union rules require rating agencies to submit an annual ratings review calendar for EU countries and Hungary is in line for a scheduled review by Fitch...
From: Budapest Business Journal | Monday, November 24, 2014
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It’s official: your 2014 Pizza Cup Champion is and favorite pizza in Beijing is Gung Ho! Gourmet Pizza Kitchen. After a grueling month-long battle against 64 Beijing pizza parlors, Gung Ho! was elected the 'Jing’s Best Pizza in the Beijinger’s...
From: The Beijinger | By: admin | Monday, November 24, 2014
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Often overlooked in China is the mountain of explicit guarantees – in which companies back loans to other firms – that are proving fragile.
From: Wall Street Journal | By: Dinny McMahon | Monday, November 24, 2014
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[The Star]THE limit of the money that Kenya can borrow from international markets will soon be based on a percentage of the gross domestic product- total economic output- rather than a nominal figure, National Treasury Cabinet secretary Henry Rotich...
From: All Africa | Monday, November 24, 2014
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NORFOLK The board of the Southeastern Tidewater Opportunity Project has worked to overcome bad news.
From: Norfolk Virginian-Pilot | By: HamptonRoads.com | PilotOnline.com | Monday, November 24, 2014
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Amazon recently released data indicating that the most highlighted passage on Kindle ebooks is a passage from the Bible, revealing that society seeks to eliminate anxiety while trusting in God. According to The Atlantic, the specific passage is Philippians...
From: The Inquisitr | By: Amanda Gatlin | Monday, November 24, 2014
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Philippe Legrain, the economic advisor to former European Commission president José Manuel Barroso, believes Ireland should threaten to veto issues important to European leaders in order to receive concessions on its bank debt....
From: Irish Examiner | By: IrishExaminer.com | Monday, November 24, 2014
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(Reuters) - European Central Bank President Mario Draghi has moved closer to launching sovereign debt purchases and data this week will show just how dangerously low inflation has fallen in the $13 trillion euro zone economy. A sickly Europe has held...
From: Free Republic | By: Reuters | Monday, November 24, 2014
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**Over at [Equitable Growth](http://EquitableGrowth.org)--[The Equitablog](http://equitablegrowth.org/blog)** * [Over at Grasping Reality: Barry Eichengreen's "Hall of Mirrors"](http://equitablegrowth.org/2014/11/23/grasping-reality-barry-eichengreens-hall-mirrors/)...
From: Brad DeLong | By: J. Bradford DeLong | Monday, November 24, 2014
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BEIJING (Reuters) - China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved...
From: Reuters | Monday, November 24, 2014
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A knowledgeable observer has a dim forecast.
From: Outside the Beltway | By: James Joyner | Saturday, November 22, 2014
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Members of the military — particularly younger members from lower-income backgrounds — are too often the target of shady, predatory businesses looking to take advantage of their youth and inexperience with finances. The Military Lending Act offers...
From: Consumerist | By: Ashlee Kieler | Friday, November 21, 2014
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Davy said it expected Greencore’s net debt to exit the year at £256.4 million
From: Irish Times | By: Pamela Newenham | Monday, November 24, 2014
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Despite a $30.5 million contract, Columbus Blue Jackets player says he's $10 million in debt after putting his parents in charge of his money.
From: ABC News | Monday, November 24, 2014
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Some interesting economic news that may have escaped your attention in the middle of the current political excitment! Finance Minister Alexander Chikwanda wants Cabinet to approve a US$100m loan in order to repay another LAP GreenN loan obtained in...
From: Zambian Economist | By: Chola Mukanga | Monday, November 24, 2014
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ECMC Group announced Thursday that it has entered into an agreement to acquire 56 Everest and WyoTech campuses from Corinthian Colleges Inc. and transition them from for-profit to nonprofit status. The total purchase price is $24 million.
From: Inside ARM | By: Patrick Lunsford | Friday, November 21, 2014
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What has been the price tag for the audacious Obamanomics experiment? How much has it all cost — the bailouts, the debt, the stimulus plans, the printing of cheap money, Obamacare and all the rest? The answer to that question is just north of $10 trillion....
From: Washington Times | By: Stephen Moore | Sunday, November 23, 2014
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If you listen to all the commotion, you would think that the level of college debt in the U.S. today is a crisis of epic proportion—hundreds of thousands of unfortunate young people leaving college with crushing loan debt.
From: Forbes | By: Lucie Lapovsky | Sunday, November 23, 2014
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China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making....
From: Sydney Morning Herald | Sunday, November 23, 2014
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A return to solid growth and manageable debt is possible - providing the eurozone can get its act together...
From: Telegraph | By: Roger Bootle | Sunday, November 23, 2014
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Sure, gift cards might not be considered a truly personal, heartfelt gift by some recipients – but those who know that gift givers give cards in lieu of unwanted presents surely will appreciate a $50 Victoria’s Secret gift card, for example, over...
From: The Inquisitr | By: Paula Mooney | Sunday, November 23, 2014
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IT WAS great while it lasted. In a golden period from 2003 to 2010 Latin America's economies grew at an annual average rate of close to 5%, wages rose and unemployment fell, more than 50m people were lifted out of poverty and the middle class swelled...
From: Business Insider | By: The Economist | Sunday, November 23, 2014
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ON NOVEMBER 14th Brazilian police raided the offices of Petrobras, a vast state-controlled oil firm at the centre of a corruption scandal. Back in 2010 Petrobras was a symbol of Brazil's economic rise. It conducted the largest global equity raising on...
From: Business Insider | By: The Economist | Sunday, November 23, 2014
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[JURIST] Japan Prime Minister Shinzo Abe [official profile] has dissolved the lower house of parliament [official website], enabling an early election to see how the public views his struggling economic policies. Abe had called for the election to be...
From: Jurist | By: Dominic Yobbi | Sunday, November 23, 2014
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Statements from various high-ranking central bank officials prove they are totally clueless.For example, please consider an announcement today by European Central Bank (ECB) Vice President Vitor Constancio: Europe not at risk of full-blown deflation....
From: Global Economic Trend Analysis | By: Mike Mish Shedlock | Sunday, November 23, 2014
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A judge on Friday struck down the state’s landmark pension law that sought to fix Illinois’ $104.6 billion government retirement system debt, declaring the measure unconstitutional and clearing a path for a showdown in the Illinois Supreme Court....
From: Chicago Tribune | By: Ray Long | Saturday, November 22, 2014
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Here are seven absurd ways the military wastes our money--and none of them have anything to do with national defense. 1. A whole battalion of generals? The titles “general” or “admiral” sound like they belong to pretty exclusive posts, fit only...
From: Truthout | Sunday, November 23, 2014
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It's easy to make mistakes and fall into debt during the holiday shopping season....
From: The Motley Fool | By: Daniel Kline, The Motley Fool | Sunday, November 23, 2014
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"WE HANDLE our gold and currency reserves and government reserves sparingly." So said Vladimir Putin on November 13th. Mr Putin is wrong. In the past year Russia's foreign-exchange reserves have fallen by 20% as the central bank has tried to prop up...
From: Business Insider | By: The Economist | Sunday, November 23, 2014
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Broker’s diligence helps borrowers refianance Thanks to a surging real estate market, the value of the home had significantly increased, and the pair looked to refinance to eliminate their mortgage insurance. The old debts (an auto loan and an American...
From: San Francisco Chronicle | Friday, November 21, 2014
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BY BOB HOLT NEWJERSEYNEWSROOM.COM The latest round of the battle between the Taj Mahal’s 1,100 workers and potential investor Carl Icahn has gone to the union. Atlantic City is expected to see its fifth casino closing of 2014 on Dec. 12 unless the...
From: New Jersey Newsroom | Sunday, November 23, 2014
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A takeover of the small U.K. life insurer would help Aviva reduce debt and give it more cash to play with.
From: Wall Street Journal | Sunday, November 23, 2014
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Well, that didn't take long. After a series of highly-regarded conservatives voiced their support for Doug Elmendorf, the director of the Congressional Budget Office whose term is up in January, Elmendorf haters fired back on Friday, urging Republicans...
From: Washington Post | By: Lori Montgomery | Friday, November 21, 2014
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