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

MishTalk

On Tuesday evening, Argentine President Cristina Fernández accused Juan Carlos Fábrega, head of Argentina’s central bank, of " provoking a devaluation of the peso ". In response Head of Argentine Central Bank Quits. There was a sharp sell-off in the benchmark Merval stock index after Mr Fábrega’s departure was announced.

Banking 69
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Is the Stock Market in Big Trouble?

The Fearless Marketer

Do you remember the stock market crash of 2008? On Monday, September 29, 2008. It plummeted because Congress rejected the bank bailout bill. On Monday, September 15, 2008, Lehman Brothers declared bankruptcy. in October for its biggest monthly drop since October 2008, while a 6.9% points in intra-day trading.

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Singapore Set for Icelandic-Style Property Bubble Meltdown; Hype or Reality?

MishTalk

Singapore’s booming finance and real estate-focused economy has earned it the moniker “The Switzerland of Asia”, and finance professionals from all over the world are flocking to work there to take refuge from the hard-hit financial sectors in their home countries. Fed Funds Rate for the purpose of minimizing large swings in the U.S.

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Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup; 50% Tax on Internet Purchases

MishTalk

The Turkish lira plunged to a record and South Africa’s rand fell yesterday to a level weaker than 11 per dollar for the first time since 2008. While Brazil, Russia, India, China and South Africa were the engines of global growth following the financial crisis in 2008, emerging markets now pose a threat to world financial stability.

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Strategy and general business consulting firms in Australia

Tom Spencer

Accenture offers management consulting services covering finance & performance management, talent & organisation performance, strategy, customer relationship management, and supply chain management. July 31, 2008 at 7:06 am. October 17, 2008 at 3:40 am. October 23, 2008 at 9:53 am. Website: www.atkearney.com.

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China Attempts to Prop Up Stock Market After Steep Declines; 1929 Flashback

MishTalk

Instead of welcoming a much needed correction, Chinese brokerages and the Bank of China agreed to prop up the market. The benchmark Shanghai Composite Index added 2.41 The HKMA stands ready to provide liquidity support to the banking system should it become necessary to do so. per cent at open.

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

MishTalk

The question stems from lengthy (256 page PDF) from the BIS Annual Report (Bank for International Settlements) that stated among other things " The only source of lasting prosperity is a stronger supply side. Never before have central banks tried to push so hard. It is essential to move away from debt as the main engine of growth. "