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		<title>Football: impending sale of the club from Liverpool</title>
		<link>http://chestnutchurch.org/football-impending-sale-of-the-club-from-liverpool/</link>
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		<pubDate>Sat, 21 Aug 2010 13:56:23 +0000</pubDate>
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		<description><![CDATA[ A Chinese owner of the club from Liverpool? The fund China Investiment Corporation (CIC), led by the wealthy Kenny Huang, would in any case confirmed its interest in the Reds. More than just a word, CIC has already reached the cash to afford the football club. And, by selling 9% of share capital the [...]]]></description>
			<content:encoded><![CDATA[<p> A Chinese owner of the club from Liverpool? The fund China Investiment Corporation (CIC), led by the wealthy Kenny Huang, would in any case confirmed its interest in the Reds. More than just a word, CIC has already reached the cash to afford the football club. And, by selling 9% of share capital the fund held in Morgan Stanley. Amount generated: 558 million (the équivelant 351.4 million pounds). Either the decimal point, the debt of British club, reports the Guardian. </p>
<p> Another businessman claiming close discussions with the club to five European Cup victories. He called and said Yahya Kirdi be supported by a group of Canadian investors and Saudi Arabia. &quot;Our group is in advanced negotiations with Tom Hicks and George Gillett, current owners of Liverpool Football Club, to purchase 100% of the club.An agreement was reached on the major terms, including purchase price, repayment of debt (approximately 300 million euros, ie) banks RBS and Wells Fargo to finance a new stadium Stanley Park. The formal contract of sale is in its final stages of negotiation, &quot;he announced. </p>
<p> Statements to be taken lightly. For the sale of the club is orchestrated by Martin Broughton, Chairman of the club, with the support of the British bank Barclays. But Yahya Kirdi does not seem to have negotiated with them directly. </p>
<p> But whether or Yahya Kirdi Kenny Huang, sale of Liverpool seems on track. The leaders of the Reds have more alerted the Premier League, as want new rules on sale of a club, a club takeover was imminent. </p>
<p> The club Liverpool is not the only shine in financial difficulty.Since the beginning of the crisis, fifteen of the twenty clubs that make up the Premier League are looking for investors. According to the audit firm Deloitte, the overall debt of the elite of British football came to 3.6 billion euros in 2009. Manchesteur United, Arsenal and Chelsea, the other three clubs in the &quot;Big Four&quot; are also on trial. </p>
<p> ALSO READ: </p>
<p> The English football he will have to hang up the cleats because of his debts? </p>
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		<title>Wall Street ended in negative territory</title>
		<link>http://chestnutchurch.org/wall-street-ended-in-negative-territory/</link>
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		<pubDate>Wed, 04 Aug 2010 03:24:12 +0000</pubDate>
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		<description><![CDATA[ Having finished sharply higher Monday, the U.S. markets followed their European counterparts in the red. On Tuesday, the Dow Jones coward 0.36% 10,636 points at closing. The Nasdaq and the S &#38; P retreating respectively 0.52% to 2284 points and 0.48% to 1120 points. 
 Markets were waiting for signs of solid U.S. recovery [...]]]></description>
			<content:encoded><![CDATA[<p> Having finished sharply higher Monday, the U.S. markets followed their European counterparts in the red. On Tuesday, the Dow Jones coward 0.36% 10,636 points at closing. The Nasdaq and the S &amp; P retreating respectively 0.52% to 2284 points and 0.48% to 1120 points. </p>
<p> Markets were waiting for signs of solid U.S. recovery now but they were not reassured. The Commerce Department announced that consumer spending of U.S. households remained unchanged in June In addition, the consumption figures in May were revised downward: they no longer show a rise of 0.1%, against 0.2% previously announced. Economists had forecast an average increase of 0.1% of consumer spending in June </p>
<p> Household income is also unchanged in June at 0.1%, while economists had estimated the increase at 0.1%.The savings rate has reached 6.4%, up a tenth of a point, its highest level since June 2009. </p>
<p> Prices are down 0.1% in June and inflation falls to 1.4% a year. </p>
<p> Furthermore, he promises the sales on the U.S. housing market suffered an unexpected drop in June The index of the federation of Realtors NAR is thus fell to a new record low 75.7. He had fallen from 29.9% in May after the expiration of a tax credit for first-time buyers. In one year, the show promises to sell a drop in June from 18.6%. </p>
<p> In addition, industrial orders fell 1.2% in June, while the market was expecting a decline of 0.5% only. In May, these orders had fallen 1.8% (revised from -1.4%), posting a second consecutive month of decline.</p>
<p> Dow Chemical and Procter fall </p>
<p> On the corporate side, Dow Chemical (-10.06% to 25.48 dollars) and Procter &amp; Gamble (-3.50% to 59.89 dollars) derive the score down. Both companies have disappointed the markets by their results published before the market opens. The first was reported earnings below expectations in the second quarter to $ 566 million, or 50 cents per share, after posting a loss of $ 486 million (47 cents per share) the previous year. Excluding items, earnings totaled 54 cents per share against 56 cents expected by analysts. The second has announced a profit drop of 12% in the fourth quarter of its fiscal year lagged below expectations at 2.185 billion dollars. The turnover is also lower than expected, growing by 5% to 18.926 billion dollars against 19.1 billion dollars expected.</p>
<p> In contrast, Pfizer (5.56% to 16.34 dollars) flies. The pharmaceutical giant reported earnings up 9% year on year to 2.475 billion dollars against 2.261 billion a year earlier. Earnings per share excluding exceptional items stood at 62 cents while analysts expected 52 cents on average. </p>
<p> RIM (-2.54% to 55.53 dollars) on Tuesday introduced its new BlackBerry. No officer of MDR was available after the presentation of the Torch, a touch screen device and slider to evoke the &quot;discussions&quot; going on with the authorities in countries like the UAE and Saudi Arabia worry about the barriers to safety that arise messaging services on the BlackBerry.</p>
<p> Morgan Stanley (-0.72% to 27.48 U.S. dollars) has decided to split the fund FrontPoint risk investments, acquired in 2006 by U.S. TV network CNBC that the transaction would be completed within three months. This split would allow Morgan Stanley to comply with new requirements of the Dodd-Frank legislation on financial regulation, which limits the bank&#39;s own brokerage and speculative positions. </p>
<p> Sanofi-Aventis has sent the U.S. biotech group Genzyme (-0.23% to 70.20 dollars) a letter citing his interest in American society, said Monday a source close to the deal, adding that both companies were discussing supply. </p>
<p> The automotive sector also changed on Tuesday after the publication of sales of major manufacturers for the month of July.Ford (-1.75% at 12.93 dollars) despite rising sales of 5% as its competitors, disappoints. Toyota is doing well (1.07% to 72.81 dollars) after avoirqui has reported a 6.8% decline in shipments in July. </p>
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		<title>Wall Street continues in the green</title>
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		<pubDate>Tue, 27 Jul 2010 14:12:06 +0000</pubDate>
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		<description><![CDATA[ The U.S. stock markets continue their advance on Tuesday, as European stock markets and the momentum of the day on Wall Street. At the opening, the indices are green, but increases small. Very quickly, the Dow Jones up 0.37% at 10,564 points, the Nasdaq is up 0.44% to 2306 points and the S &#38; [...]]]></description>
			<content:encoded><![CDATA[<p> The U.S. stock markets continue their advance on Tuesday, as European stock markets and the momentum of the day on Wall Street. At the opening, the indices are green, but increases small. Very quickly, the Dow Jones up 0.37% at 10,564 points, the Nasdaq is up 0.44% to 2306 points and the S &amp; P 500 by 0.44% to 1120 points .. </p>
<p> Yesterday, the market was driven by good news from the real estate sector still observed under the microscope by investors. Sales of new houses in the United States have indeed rebounded more than expected in June, 23.6%. On Tuesday, a new publication, the Case-Shiller index of home prices meets the individual operators stock market is increased more than expected in May in the United States, +0.5%, a move which still reflects a sustained level of sales, helped by a tax credit.The month of May and is the second consecutive monthly increase, a trend that comes after two months of consecutive decline. </p>
<p> Another highlight of the week at the macroeconomic level, the U.S. central bank should publish its Beige Book Wednesday on the economic conditions. It will be very guarded while the president of the institution, Ben Bernanke said Wednesday before Congress the slow recovery, with no announcement of new funding in the economy. But it was the day Friday with the first estimate of gross domestic product (GDP) U.S. second quarter is expected this week. </p>
<p> On the foreign exchange market, the euro continues against the greenback.Around 15:30, the euro was worth just under $ 1.30, but the threshold was crossed earlier. </p>
<p> The ball takes Publications </p>
<p> On the side of values, as BP leads the rating declining by 1.5% to 38.12 dollars in early trade <a href="http://payday-badcredit.com">Payday Loan for Bad Credit</a><!-- . -->. The amount of the quarterly net loss of oil exceeds $ 17 billion, a record high. The group is preparing to sell $ 30 billion in assets and confirms the resignation of its CEO. </p>
<p> The U.S. financial services group CIT (-0.21% to 38.92 dollars), which serves a clientele of mainly SMEs, on Tuesday released a second consecutive quarterly profit and announced it had reduced its debt by three billion dollars.The net income was $ 142.1 million, and reported the number of shares equivalent to 71 cents, while analysts were not expecting that 33. </p>
<p> The group has however indicated that he had once again increased its provision for credit losses, bringing them to $ 260.7 million over the period April-June But this element, as well as pay increases decided to retain employees, was more than offset by asset sales, earnings and tax collectors. </p>
<p> For its part, the world&#39;s number one defense, Lockheed Martin (1.73% at 73, 17 dollars) Tuesday reported higher quarterly earnings expectations and raised its annual profit forecast by emphasizing buybacks and improved results in the satellites public.Net income for the second quarter was $ 825 million or $ 2.22 per share, against 734 million or 1.88 dollars per share in the second quarter 2009. </p>
<p> Today investors await quarterly results include sitting in the middle of those of DuPont. </p>
<p> Always on the side of values, the European Commission on Monday opened two investigations to IBM. It suspects the group of computer abuse of dominant position on the markets for servers. </p>
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		<title>Pension reform: unions hostile</title>
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		<pubDate>Mon, 12 Jul 2010 07:00:07 +0000</pubDate>
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		<description><![CDATA[ J-1. That Tuesday morning Eric Woerth will present his Cabinet bill on pension reform. This text provides for the postponement by 2018 the legal age of retirement at age 62 (as against 60 now) and increase by 2020 the contribution period for a full pension at 41 5 installments. It also proposes to raise [...]]]></description>
			<content:encoded><![CDATA[<p> J-1. That Tuesday morning Eric Woerth will present his Cabinet bill on pension reform. This text provides for the postponement by 2018 the legal age of retirement at age 62 (as against 60 now) and increase by 2020 the contribution period for a full pension at 41 5 installments. It also proposes to raise over 10 years to 10.55% of gross salary pension contribution rate of employees.Meanwhile, the government plans to introduce draft consideration &#8211; unprecedented &#8211; the strain at work to enable employees who have had a difficult career to continue to retire at age 60 but also extend the system &quot;long careers &quot;which allows people who started working early to liquidate their retirement before age 60. </p>
<p> &quot;Unjust and unacceptable&quot; </p>
<p> Trade unions, traditionally opposed the reforms they consider &quot;unfair and unacceptable&quot; because it would further inequalities have already planned to protest during the presentation of the Council of Ministers.&quot;The proposed reform does not respond to questions of employment, particularly youth and seniors, or the reversal of gender inequalities, or to the recognition of the hardship &#8230; It refers to the uncertainty of future generations sustainability of pension secured by the division, they were justified in a statement. They also criticized the closure of financial reform that puts &quot;more than 85% of efforts&quot; to employees only and require &quot;a different distribution of wealth produced, particularly through higher taxes than expected capital income and senior income. </p>
<p> Eric Woerth&#39;s proposal to improve the bill at the time of the examination to the National Assembly from September 7 on three aspects of the text (strain at work, and long careers polypensionnés) has yet not had the desired effect.Even the beginnings of a better consideration of the prevention of the hardship brought up by the entourage of the Minister of Labour at a meeting with labor, has left them unmoved. &quot;We want a broader discussion, said Friday Eric Aubin, the negotiator of the CGT, after an interview Rue de Grenelle. The position of the government that it seeks to show a continued dialogue. But we ride seriously and it confirms our intention to build a strong mobilization on September 7. &quot; </p>
<p> On this day, the unions have scheduled a new day of strikes and unit mobilization, hoping to do better than June 24 when 800 000 people (and by 1.9 million CGT) had beaten the streets across France to protest against the postponement of 60 years. And thus weigh more on debates in Parliament.They do not despair, no longer convinced by that number of MPs to amend by Social Affairs Committee &#8211; where the text will be examined from July 20 to 22 &#8211; the bill. The CFDT has also planned to &quot;harass&quot; the summer MPs in their constituency. Act II of the 2010 pension reform does so may just be beginning. </p>
<p> &quot;SPECIAL &#8211; The challenges of pension reform </p>
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		<title>The Europeans later work</title>
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		<pubDate>Thu, 08 Jul 2010 00:12:31 +0000</pubDate>
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		<description><![CDATA[ Ensuring pension &#34;adequate, sustainable and safe&#34;. That is the goal set by the European Commission on Wednesday, opening a public debate across Europe about pensions. One way for Brussels to contribute to debates in the member states, faced with increasing public deficits and debt. 
 France initiated its reform, that the legal age of [...]]]></description>
			<content:encoded><![CDATA[<p> Ensuring pension &quot;adequate, sustainable and safe&quot;. That is the goal set by the European Commission on Wednesday, opening a public debate across Europe about pensions. One way for Brussels to contribute to debates in the member states, faced with increasing public deficits and debt. </p>
<p> France initiated its reform, that the legal age of retirement will be pushed back 60 years to 62 years by 2018. By 2029, the Germans to retire at age 67 instead of 65 today. Spain, whose age is currently 65, is studying a similar scenario. Finally, Great Britain, the legal age could be raised to 68 years. </p>
<p> These measures are widely endorsed by the European Commission, who said in a Green Paper published today on the occasion of the opening of public debate.&quot;In all Member States, an aging population weighs heavily on the existing pension plans, and financial and economic crisis has only increased that pressure,&quot; said a statement in Brussels with its consultation document. </p>
<p> &quot;In Europe it is expected that the number of retirees will double by 2060 compared to the number of people who fund their pensions: the current situation is simply unsustainable. To remedy this, it is necessary to consider carefully the balance to be struck between the length of working life and in retirement, &quot;said European Commissioner for Employment, Laszlo Andor in this release.</p>
<p> An average exit age increased to 70 years by 2060 </p>
<p> Clearly, the EU executive urges EU states to a widespread decline in the age of retirement, at a time when people are living longer while birth rates are sliding. &quot;In 2008, there were four people of working age (15-64 years) for every citizen of the European Union (EU) aged 65 years at least. By 2060, this ratio will drop to two for one &quot;, explains the Commission. The latter considers that the average age of retirement should be raised from 65 to 70 years by 2060 to maintain pensions at their current level. </p>
<p> The consultation opened on Wednesday last four months, until November 15, 2010. To mobilize the citizens, the Commission established a website to collect the views of each.Based on a recent Eurobarometer survey, Brussels says that Europeans are ready to accept the measures taken by EU governments. The survey found that &quot;73% of citizens of the European Union provide a clear decrease in their retirement or think they have to work longer or save more for their old age.&quot; </p>
<p> ALSO READ </p>
<p> &quot;Pensions: the Government will not retreat </p>
<p> &quot;The French accept retirement at age 62 </p>
<p> &quot;SPECIAL CASE &#8211; Retirement: Issues of reform </p>
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		<title>Maneuvers in mines</title>
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		<pubDate>Tue, 06 Jul 2010 08:20:04 +0000</pubDate>
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		<description><![CDATA[ Following the adoption of Australian tax on the profits of mining companies, the big names in resume their expansionist movement. Thus, the head of Rio Tinto&#39;s Sam Walsh, said further negotiations with the regulators in different countries to complete the planned reconciliation with rival BHP Billiton. Moreover, the multinational was considering expanding its new [...]]]></description>
			<content:encoded><![CDATA[<p> Following the adoption of Australian tax on the profits of mining companies, the big names in resume their expansionist movement. Thus, the head of Rio Tinto&#39;s Sam Walsh, said further negotiations with the regulators in different countries to complete the planned reconciliation with rival BHP Billiton. Moreover, the multinational was considering expanding its new site for the Pilbara with an investment of 10 billion dollars. The Anglo-Australian group wants to increase its annual production of iron ore of 330 million tons within five years, against 230 million today. </p>
<p> Anglo American is activated </p>
<p> The Anglo-South African Anglo American sells, in turn, coal mines in Australia to a consortium of South Korea&#39;s Korea Electric Power Corporation (KEPCO) and POSCO, and the Australian Cockatoo Coal for 500 million dollars.Finally, Banpu, Thai producer of coal, wants to increase its shareholding in the Australian Centennial Coal, up 80% to $ 1.7 billion. </p>
<p> Many projects had been put between brackets, because of the uncertainty surrounding the new tax taxing up to 30% profits of mining groups. </p>
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		<title>Wyser-Pratte received significant support</title>
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		<pubDate>Mon, 12 Apr 2010 19:28:34 +0000</pubDate>
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		<description><![CDATA[ New rebound in the case Lagard?re / Wyser-Pratte. Guy Wyser-Pratte, said the activist investor who hold 0.53% stake in Lagardere, has won the support of governance expert RiskMetrics Group (formerly ISS Proxy Advosry Services) in his critique of the structure of the media group. 
 Support size, because boards of RiskMetrics are followed by [...]]]></description>
			<content:encoded><![CDATA[<p> New rebound in the case Lagard?re / Wyser-Pratte. Guy Wyser-Pratte, said the activist investor who hold 0.53% stake in Lagardere, has won the support of governance expert RiskMetrics Group (formerly ISS Proxy Advosry Services) in his critique of the structure of the media group. </p>
<p> Support size, because boards of RiskMetrics are followed by institutional investors. But they represent 78.51% of the capital of Lagard?re (50,51% of foreign institutional investors and 20% French). </p>
<p> Rejection of proposals by the management and the board </p>
<p> But on Monday, the general partners and managers of Lagardere SCA voted against the amendment of articles of the company &#8211; a company limited by shares to a company &#8211; in a proposed resolution before the next general meeting Guy Wyser-Pratte.A decision that is &quot;not surprised&quot; to advise shareholders of the activist. &quot;The opposite would have been more democratic,&quot; he quipped. </p>
<p> Last Friday, the group&#39;s supervisory board had rejected outright the two main proposals of the Franco-American investor to relax the sponsorship of the Lagard?re group. For now, Arnaud Lagardere, the manager-partner of Lagardere, which holds all powers of decision with 10% of capital <a href="http://paydayloans-on.com">payday loans no teletrack</a><!-- . -->. Partnership status allows to use external financing without losing control of the company. </p>
<p> RiskMetrics &#39;agree&#39; with Wyser-Pratte </p>
<p> Thus, the shareholder advisory firm RiskMetrics looking for arguments Guy Wyser-Pratte: &quot;We agree with his criticism of the sponsorship per share.</p>
<p> &quot;The presence of dissent to the supervisory board of Lagard?re would be beneficial to the long-term shareholder value,&quot; she said in a statement. In any case, any election &quot;reflects the intention of the limited partners to adopt a different status,&quot; said the company. Verdict on 27 April at the general meeting of shareholders. </p>
<p> On Monday, the shares are granted Lagard?re 0.46%, to 31.51 euros in a market equilibrium. </p>
<p> Wyser-Pratte had accused Mr Lagardere&#39;s &quot;mismanagement&quot;, accusing him of preferring to &quot;go play tennis in running the company.&quot; Arnaud Lagardere leads the group since the death of his father Jean-Luc Lagard?re in 2003. </p>
<p> ALSO READ: </p>
<p> &quot;Lagard?re rejects proposals Wyser-Pratte </p>
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		<title>Oil has taken five dollars in one week</title>
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		<pubDate>Fri, 02 Apr 2010 11:53:19 +0000</pubDate>
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		<description><![CDATA[ The price of oil exceeded 85 dollars a barrel Thursday. Such levels were not affected for a year and a half. In the first quarter of this year, crude prices climbed 6.8%, with a substantial Implus this week: The Light Sweet Crude Oil, listed in New York for May delivery rose 5 , 5%, [...]]]></description>
			<content:encoded><![CDATA[<p> The price of oil exceeded 85 dollars a barrel Thursday. Such levels were not affected for a year and a half. In the first quarter of this year, crude prices climbed 6.8%, with a substantial Implus this week: The Light Sweet Crude Oil, listed in New York for May delivery rose 5 , 5%, driven by a series of good economic indicators &#8211; including manufacturing activity &#8211; United States, Europe, and Asia, which reinforce the idea of an economic recovery faster than expected. And thus a rise in demand for oil more dynamic. </p>
<p> A sustainable upturn? Analysts doubt. Mike Fitzpatrick, senior strategist at MF Global, prefers to wait next week to decide.&quot;The euphoria may be a bit premature,&quot; he warns. </p>
<p> Especially since the stock figures released Wednesday were mostly negative, and a further increase in reserves is planned for next week. In addition, oil has benefited from the weak dollar, which has yet collapsed Thursday against major international currencies. </p>
<p> For several weeks, prices drift sideways between 69.5 and 83.9 dollars dollars. &quot;The trend remains neutral in the short term,&quot; according to the technical analysis of Saxo Bank.But the technical analyst of the Journal of Finance, for its part identifies a strong potential for accelerating the rise in crude prices. </p>
<p> Promising indicators </p>
<p> They come mainly from China and Japan, which are respectively the second and third oil consumer in the world. </p>
<p> In China the two purchasing managers index rose in March, reflecting further expansion of manufacturing activity <a href="http://us-fast-cash-now.com">us fast cash</a><!-- . -->.The index of the HSBC bank stood at 57 points, its third highest level since 2004 and the official index, compiled by the China Federation of Logistics and Purchasing (CFLP) rose to 55.1 against 52 in February . </p>
<p> Japan&#39;s Tankan index of confidence among large manufacturers rose in March for the fourth consecutive quarter, winning 11 points from December to -14 points. This is its highest level in 18 months. </p>
<p> The manufacturing activity has also accelerated in the eurozone and the U.S., according to the PMI and ISM published in each region respectively. The U.S. ISM rose to 59.6 in March, against 56.5 in February. The highest since July 2004. </p>
<p> Global demand will grow </p>
<p> On March 17, OPEC has not changed its production quotas, which remain to be 24.84 million barrels per day since 1 January 2009.For members of the organization, $ 80 a barrel, the price is &quot;perfect&quot; because it allows good balance supply and demand. </p>
<p> In an environment fraught with economic uncertainty, OPEC still sees a recovery in demand for crude. Global demand for oil is projected to increase by about one million barrels per day in the second half, he said. But it should mainly benefit producers outside the cartel, which represent 40% of the global withdrawal. </p>
<p> ALSO READ: </p>
<p> &quot;Point the finger at OPEC speculation </p>
<p> &quot;OPEC sees a recovery in demand for crude </p>
<p> &quot;Oil: Obama wants to drill offshore </p>
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		<title>Google swallows software photo editing Picnik online</title>
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		<pubDate>Thu, 04 Mar 2010 21:38:57 +0000</pubDate>
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		<description><![CDATA[ One more step. Google never stops its forward and offered Picnik. This software photo editing online is particularly accessible from sites like Picasa, Facebook, Photobucket, but mostly from Flickr, owned by Yahoo, Google&#39;s biggest rival. It is therefore a step in the war between the two servers, since, after all, Google has just taken [...]]]></description>
			<content:encoded><![CDATA[<p> One more step. Google never stops its forward and offered Picnik. This software photo editing online is particularly accessible from sites like Picasa, Facebook, Photobucket, but mostly from Flickr, owned by Yahoo, Google&#39;s biggest rival. It is therefore a step in the war between the two servers, since, after all, Google has just taken control of a particular tool proposed by his opponent. </p>
<p> Picnik is a software for photo editing, but a sort Photoshop online (and therefore less sophisticated), which allows among others to remove red-eye or resizing a photo. For users, Picnik provides on its website that this purchase will not cause any change: the toolkit will remain the same, and no Google account creation is required (even if it is advised).The company employs twenty people, believes that Google is &quot;the best house she could find and welcomes the exposure should give this new situation <a href="http://cash-advance-nofax.com">fast cash without a hassle</a> <!-- . --> . For employees of Picnik, no change either, except that they now work from Google Local to Seattle. </p>
<p> Google appears clearly in a new phase of development. In early February, he had acquired Aardvark, a sort of super social search engine, then remail, emailing an application for mobile phones. If the leading Internet search engines did not elaborate on how the redemption of Picnik, it is very possible that seeks to develop Picnik to include new features. How to add his personal touch, good memories of his competitors.</p>
<p> ALSO READ: </p>
<p> The web community jostles Google </p>
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		<title>Wall Street started the meeting recessed</title>
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		<pubDate>Thu, 04 Feb 2010 15:52:45 +0000</pubDate>
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		<description><![CDATA[ Wall Street started badly the meeting this Thursday. On opening the Dow Jones lost 0.75% at 10,194 points and the Nasdaq fell by 0.87% to 2172 points. The Exchange NEWYORKAISES is affected by the disappointing numbers of jobs. The U.S. Department of Labor lists because 480,000 new applications for unemployment benefits from January 24 [...]]]></description>
			<content:encoded><![CDATA[<p> Wall Street started badly the meeting this Thursday. On opening the Dow Jones lost 0.75% at 10,194 points and the Nasdaq fell by 0.87% to 2172 points. The Exchange NEWYORKAISES is affected by the disappointing numbers of jobs. The U.S. Department of Labor lists because 480,000 new applications for unemployment benefits from January 24 to 30, or 1.7% over the previous week. The indicator has thus regained its level of December 12. It&#39;s much more than was expected by analysts, who figures the department would have to show a decline in new listings to 455,000 files. </p>
<p> Moreover, markets can not rely on the monthly sales featureless published by major U.S. retailers. </p>
<p> On the values front, Cisco will be monitored closely.The action of the number one global internet network equipment gained 4% in hours trading Wednesday after the publication of quarterly results, above expectations and with comments upbeat on the prospects for recovery in 2010. </p>
<p> Monster Worldwide also should be surrounded. The Action Group on Internet recruitment gained 2.3% in hours trading Wednesday after the quarterly earnings release and the announcement of the acquisition of HotJobs to Yahoo for $ 225 million in cash. </p>
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