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Venezuelan Bolivar Plunges to Record Low on Black Market; Bond Default Coming Up in October?

MishTalk

Bolivar vs. US Dollar From 2005 to 2009 the official exchange rate was 2 bolivars to one US dollar. Venezuela’s benchmark dollar bonds due in 2027 fell 0.44 Please consider the "official" exchange rate of the Bolivar to the USD. In 2009 the official exchange rate soared to 4.3 to the dollar. to the dollar. cent at 12:37 a.m.

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Consultant Ninja: Another Casualty of the Financial Crises.

Consultant Ninja

George Bush, February 2, 2005 State of the Union: "As we fix Social Security, we also have the responsibility to make the system a better deal for younger workers. I think a more interesting graph would show each fund against a respective benchmark (e.g., Monday, June 22, 2009. Posted by Consultant Ninja. at 12:09 AM. Labels: Analysis.

Financial 100
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Argentine Central Bank Chief Quits in Currency Dispute; Hyperinflation On the Way?

MishTalk

There was a sharp sell-off in the benchmark Merval stock index after Mr Fábrega’s departure was announced. Benchmark deposit rates are at 21%, while inflation is widely believed to be nearly 40%. Wheat production in Argentina has plunged—from nearly 16m tonnes in 2005 to 8.2m pesos for each greenback. tonnes in 2013.

Banking 69
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How to Think Differently About a Flexible Workforce - SPONSOR CONTENT FROM CATALANT

Harvard Business

million from 2005 to 2015, a 67 percent jump. Benchmarks for Success Measure progress toward the goal. And a pool of independent and highly skilled workers who can fill those needs is growing. Economists Lawrence Katz and Alan Krueger found that American workers in alternative work arrangements, including temp workers, increased by 9.4

Talent 33
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Monetarists Accuse ECB of "Dangerous Game of Chicken"; The REAL Dangerous Game

MishTalk

In addition to holding its benchmark rate at 0.25%, the ECB also left the rate it pays on bank deposits unchanged at zero. Certainly we would have been better off had the housing bubble bursts in 2003 rather than 2005. ECB president Mario Draghi said: "We have to dispense with this idea of deflation. The answer is no." in December.

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Clash of Generations - Boomers vs. Millennials: Attitude Change Will Disrupt Wall Street and Corporate America

MishTalk

The authors of Spend Shift , John Gerzema and Michael D’Antonio, pointed to a major shift between 2005 and 2009, just as the first wave of Millennials became adults, in what consumers were looking for in the companies with which they wanted to do business.

Survey 78
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BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"

MishTalk

This share was higher than during the pre-crisis period from 2005 to mid-2007. Indeed, there is evidence that those countries in which policy rates have been lower relative to traditional benchmarks, which take account of output and inflation developments, have also seen the strongest credit booms.