Monthly Archives: February 2013

High Street closures mount; Myth of working from home; Perils of macho culture

1 High Street closures mount (Simon Neville in The Guardian) High street store closures increased tenfold last year. A report by PricewaterhouseCoopers and the Local Data Company showed the net number of store closures was 1,779 in 2012 – up … Continue reading

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Vatican is Popeless, Italy ‘hopeless’; Looming US job cuts raise fears of global poor; JP Morgan Chase job cuts to touch 19,000; Could we all soon own a drone?

1 Vatican is Popeless, Italy ‘hopeless’ (Mahir Ali in Khaleej Times) The Vatican, as of tomorrow, will temporarily be popeless. As for the rest of Italy, initial results and projections from this week’s elections point to consequences that could be … Continue reading

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Italy vote rattles Europe; In India, missing school to work in mines; Will new technology mean end of cash?

1 Italy vote rattles Europe (Alessandra Galloni & Giada Zampano in The Wall Street Journal) In a national election meant to push Italy further down a path of economic reform, voters delivered political gridlock that could once again rattle Europe’s … Continue reading

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Financial markets as stimulus junkies; Eurozone recession ‘to persist’; Pound seen vulnerable after AAA fall

1 Financial markets as stimulus junkies (Larry Elliott in The Guardian) Financial markets have become stimulus junkies. They crave their next fix of quantitative easing and when they don’t get it they turn ugly. The rush they get from the … Continue reading

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Fears over US QE3 hit global sentiment; Six things wrong with Italy; Stanford University raises $1.2b; Fall of the blade runner

1 Fears over US QE3 hit global sentiment (Juliette Garside in The Guardian) Fears that the US will hit the brakes on its QE3 stimulus measures have cast a pall over global markets, threatening the new year rally that took … Continue reading

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Record trade deficit for Japan; The problem with online college; What happened on April 13, 1919

1 Record trade deficit for Japan (BBC) Japan’s monthly trade deficit hit a record in January after its recent aggressive monetary policy stance weakened its currency sharply. Exports rose in January, the first jump in eight months, as its goods … Continue reading

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World trade data reveals slowdown; Jap economy worse than forecast; Being Greek and a journalist means double trouble

1 World trade data shows slowdown (Floyd Norris in The New York Times) World trade slowed last year, as major countries like Japan and Germany shipped exports that were worth less than those in 2011. The US bucked the trend … Continue reading

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In 2012 last Q, eurozone recession deepened; South Asia’s corruption blackhole; In India, kisses are on the rise; Horsemeat and globalisation

1 In last Q, eurozone recession deepened (BBC) The eurozone recession deepened in the final three months of 2012, official figures show. The economy of the 17 nations in the euro shrank by 0.6% in the fourth quarter, which was … Continue reading

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UK set for low growth for two years; GE quits TV business; Thomson Reuters shedding 2,500 jobs; Mobile phone sales fall; One Billion Rising and the male insecurity

1 UK set for low growth for two years (Phillip Inman in The Guardian) Britain will suffer low growth and a squeeze on average incomes for at least another two years, the Bank of England warned, signalling that the economy … Continue reading

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Barclays cuts 3,700 jobs; Airline industry at its safest since Jet age dawn; Dealing with Apple’s cash mountain

1 Barclays cuts 3,700 jobs (Jill Treanor in The Guardian) The new boss of Barclays has attempted to break from the bank’s scandal-ridden recent past by announcing plans to pull out of controversial businesses that speculate on food prices, specialize … Continue reading

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