Monthly Archives: February 2013

G20 Leaders push to close corporate tax loopholes

“A report by the OECD found that multinational companies were managing to avoid paying tax altogether by taking advantage of different country’s rules.” The UK, France and Germany are the main countries pushing for changes, with the Finance Minister of … Continue reading

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US dollar update

To the surprise of many, precious metals and commodity prices have continued to weaken since 2011 as the US dollar has been attracting international inflows. As marked in the chart update below, the $83.50 area on the US dollar index … Continue reading

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Wal-Mart February sales slump with discretionary income

And now for some news from the consumer led economy. Here is a direct link.

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