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In 1992, the trade deficit was $44 billion dollars less than July’s trade report by the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. While cutting spending has dominated the economic policy headlines, the other major impediment to growth and balancing the U.S budget isn’t being even looked at… July’s trade imbalance was [...]
U.S. retailers had their best June sales results since 1999 as shoppers were lured into stores by warm weather and deep discounts. Kohl’s Corp., Target Corp., and Urban Outfitters Inc. each gained more than 6 percent. Investors have been concerned that high gas prices would constrain consumer spending as people looked for ways to save [...]
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Will Americans learn much new about their countrys relationship with China from this week? It is likely that for many existing perceptions and fears will only be reinforced, and that for many others, Hu’s visit barely registered in their lives. But don’t underestimate the subtle power of presidential summits to shape longer-term, big picture feelings [...]
By China Earnings Jump At JPMorgan But Street Stifled The report drew a muted reaction though, with JPMorgan shares up 0.8%. Bank of America ( BAC – news – people ) and Citigroup ( C – news – people ), due to report earnings next week, were up 0.5% and 0.7% respectively. Intel ( INTC [...]
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The hunt is on for an innovative and entrepreneurial Namibia woman who qualifies for the Businesswoman of the Year title. The next Businesswoman of the Year will be crowned in September next year. The entry and judging process has been revamped. Unlike with the past winners, who were chosen on either entrepreneurial or corporate and [...]
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The Economist Businesswomen Club had a very successful year in 2008 but is destined for even bigger and better things in 2009. The Businesswomen club, a non-profit organisation, has a string of projects lined up for this year with the most anticipated event af all, the Namibian Businesswoman of the Year Award for 2009. This [...]
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Organisers of the Businesswomen Club have announced that the 11th Northern Businesswomen Conference will take place on 12 August in Oshakati. The aim of the conference is to create an opportunity for women to share expertise and skills, make new contacts, support one another and to create business relationships. Launching the conference in Windhoek this [...]
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The series of withdrawal of low-end air fares by some of the domestic carriers have raised the suspicion towards the cartelization among them and therefore, the DGCA has asked all the companies to give details and justify the decision of simultaneous reduction in air-fares. The move from Director General of Civil Aviation (DGCA) came after [...]
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Countries that make up G-8, Germany, Japan, United States, Britain, Italy, Russia, Canada and France are to hold a meeting in near future. This would be to devise measures to handle the chaos occurring on the Financial front. The meet is most likely to take place in November. Among the recommenders of the meeting were [...]
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Indirect tax collections have surged beyond expectations and government coffers gained an amount which was 35% higher than budget estimates made for the current season. According to recent reports from finance ministry, Customs duty receipts for the first five months of the current fiscal have increased impressively by 17.8% to Rs 47 ,734 crore, whereas [...]