Monthly Archives: September 2015

GCC credit cycle at tipping point; Fraud, fools and financial crises; Why India is concerned about Nepal’s constitution

1 GCC credit cycle at tipping point (Issac John in Khaleej Times) Corporate and infrastructure companies in the Gulf Cooperation Council face a weaker operating environment as governments reduce spending on the back of lower oil prices, which have more … Continue reading

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Syriza back in power in Greece; Italy upgrades growth forecasts; Honey, they shrunk the world

1 Syriza back in power in Greece (Helena Smith & Graeme Wearden in The Guardian) Greece’s leftwing leader Alexis Tsipras has emerged triumphant from a snap general election after securing a dramatic victory over his conservative rival, despite a turbulent … Continue reading

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Moody’s lowers France rating; Goldman sees 15 years of weak crude; Japan scripts major upset in rugby history

1 Moody’s lowers France rating (San Francisco Chronicle) Moody’s Investors Service is downgrading the credit rating of France, saying the French economy will grow slowly for the rest of this decade while the country’s debt remains high. The firm lowered … Continue reading

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UK seen to need interest rate cut; Market bubble fears grow; ‘Cool clock’ boy brings out best and worst of America

1 UK seen to need interest rate cut (Katie Allen in The Guardian) Interest rates in the UK may have to be cut further from their record low level, the Bank of England’s chief economist has warned, as he highlighted … Continue reading

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US Fed declines to raise rates; Alibaba’s wipeout and after; Over 2m Indians vie for 368 jobs

1 Fed declines to raise rates (Rupert Neate in The Guardian) The Federal Reserve declined to raise interest rates from their record low of near-zero on Thursday, citing concerns that the still fragile world economy may “restrain economic activity” and … Continue reading

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OECD cuts world growth outlook, warns on emerging markets; Ortega, second richest man, closes in on Gates; Social media and mental health of teenagers

1 OECD cuts world growth outlook, warns on emerging markets (Gulf News) The OECD has cut its world economic growth forecasts for 2015 and 2016, warning of a dramatic slowdown in Brazil and a global outlook clouded by uncertainty over … Continue reading

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Hewlett-Packard to shed 30,000 jobs; Catastrophic 74% decline in tuna, mackerel; How chaotic India can change you

1 Hewlett-Packard to shed 30,000 jobs (Jack Clark in San Francisco Chronicle) Hewlett-Packard Co., the Palo Alto technology company splitting into two separate entities, said it will cut 25,000 to 30,000 more jobs as part of a $2.7 billion restructuring, … Continue reading

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