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Archive for the ‘Finance’ Category

buffett cc peter duhon

What should investors do? Several times a year, Warren Buffett invites a group of business students to an intensive day of lectures covering, among other things, the state of the economy and the credit crisis. “Don’t buy the wrong stocks and don’t buy or sell them at the wrong time” and “get greedy when others are fearful and fearful when others are greedy” was some of the advice.

Check out the full article in CNN Fortune

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BOA cc Franco Folini

It seems like there is no end in sight to the woes being suffered by banks in the US and around the world. Bank of America, according to an analyst, may set aside 6.5 billion dollars to cover losses which may occur in the coming quarter and this is on top of 8.3 billion dollars being set aside by them in 2007.

See Reuters article for full details.

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yosemite cc

As the US economy and dollar falls virtually on a daily basis, wealthy Gulf states,
rich from the huge increases in oil prices in recent times, have set their
investment sights on significant chunks of US property and companies. But could these investments ever be used for political leverage?
This CNN Video explores the issue.

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Visa’s new ad

This is the new ad for Visa, created by Saatchi & Saatchi and features a naked man running in the desert on his way to his wedding. View the ad on the Guardian site.

Its due to be shown first on Film4 on Easter Monday

visa ad

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euro dollar

Prof. Jeffrey Frankel Professor Jeffrey Frankel at Harvard University believes that the Euro could surpass the Dollar as the dominant world currency as early as 2015. The rapid decline of the Dollar in recent times along with the continued loss of popular and political support for the USA by the rest of the world, is driving this. Read the full article here and then call your broker to trade your dollars for euros.

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