Tag: financial

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Gold – finally losing its lustre?

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As fears of financial collapse ease and equities rally, gold is falling out of favour - for now at least. Currently the yellow metal is trading at about $1600, down significantly from highs set more than a year ago....

Post-Chávez oil opportunity

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Venezuela has the world's largest reserves of oil. Lex's Stuart Kirk and Vincent Boland discuss how the death of Hugo Chávez, the country's president, could be an opportunity for the country to exploit better that v...

Hugo Chávez dies

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Thousands of mourners gathered outside late President Hugo Chávez's military hospital in Caracas shortly after it was announced the popular anti-capitalist leader had lost his two-year battle with cancer. Obituary: ...

Back on the ro-ro roller coaster

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Markets are less mesmerized by worries of impending catastrophe than they were at the peak of the crisis, when assets would rise and fall together. But as Stacy Williams, head of FX quantitative strategy at HSBC, ex...

Glencore/Xstrata — merger in sight

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Both Glencore and Xstrata reported a fall in underlying earnings in 2012. Yet the Swiss trader-cum-miner is optimistic that the deal to merge with Xstrata will gain final approval from Chinese regulators by mid Apri...

Americans getting sick of funding Israel: Jim W. Dean

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American people are sick of their government funding Israel when they do not require a missile system if they were not a threat to anybody, an analyst tells Press TV. Israel has boasted about its Iron Dome short-ran...

Kenya takes to the polls

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Queues form at polling stations across around the country as people vote in Kenya's presidential and parliamentary elections. The two leading presidential candidates are Raila Odinga and Uhuru Kenyatta. For more vid...

Getting the HSBC house in order

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HSBC's shares dipped after the bank reported a 6 per cent fall in profit, mainly due to claims for insurance mis-selling and money laundering fines. However, the stock has gained 35 per cent since the start of last ...

Too many stores, not enough shoppers

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A disappointing Christmas season coupled with another round of increased gains by online retailers have left the retail sector frantically looking to find a way into the future. The FT's Christopher Booker speaks wi...

Sorrell’s shopping spree pays off

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WPP seems to be riding the storm which has hit much of the advertising market. Like-for-like sales growth in 2012 was up slightly, ahead of expectations, and the group's share price has been rising. Lex's Stuart Kir...

Test for the easy money era

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Michael Mackenzie, the FT's US markets editor, wraps up the fallout on the markets from political and economic pressures in Italy and the US. For more video content from the Financial Times, visit

Past continues to haunt Bangladesh

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Influential Bangladeshi politician Delwar Hossain Sayedee has been convicted for 'crimes against humanity' during the country's 1971 war of independence from Pakistan. Amy Kazmin, south Asia correspondent, explains ...

Africa’s middle class seeks status brands

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Kenya's affluent are seeking premium goods and prospects for growth look good enough for a new market to take off, as Katrina Manson discovers. For more on Africa, visit

Boris Johnson: the meaning of Eastleigh

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The ruling Conservative party was pushed into third place by the UK Independence party in the Eastleigh poll. Boris Johnson, mayor of London, tells London and Southeast correspondent James Pickford why the result wa...

Pope Benedict abdicates

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Benedict XVI officially resigned as pope on Thursday, leaving the Vatican for Castel Gandolfo, a papal residence outside Rome. The abdication took effect at 8pm Italian time and was symbolised by the closing of the ...

‘LIBOR rates are the biggest bankster scam ever in history’

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An analyst says, LIBOR rate rigging by a cartel of banks is the biggest bankster scam in history and it all came about because governments removed their regulation. In the background of this since 2011 regulators ha...

Handout Hunger: UK welfare addiction as a career path

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Britain's unemployment benefits aim to provide a safety net for anyone between jobs, looking for their next career opportunity. Only, for some the pay-outs are so attractive, getting out of bed to go to work doesn't...

Keiser Report: Who stole from you? A Robo-banker (E413)

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In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the annoying human qualities like hunger, fear, love, lust, desire and need that get in the way of maximum GDP growth. Replacing humans with...

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