“If someone tells you about an investment that will provide a safe 8 percent return, grab your wallet and run.”
Q: In a recent column, you told a reader that a guaranteed high investment return doesn’t exist. via Austin American-Statesman
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“In our view, the Turkish economy is strong enough to withstand unexpected events like the military’s statement”
Turkey’s stocks and its currency, the lira, tumbled on Monday after the military threatened to intervene in upcoming elections and thousands demonstrated that the country’s secular framework is in jeopardy. via MarketWatch
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“Droughts are a regular part of the agricultural landscape in Australia “
While the food industry is showing some concern over raw material supply, it had yet to comprehend the full extent of the problems it is facing, according to Keith Jones of Croplife International, a global … via Foodnavigator.com
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The Turkish stock market plunged Monday, reacting sharply to political tensions as the Islamic-rooted government comes under strong pressure from secular circles to call parliamentary elections.
At least 700,000 people marched Sunday against the ruling party’s candidate for president, Abdullah Gul, an observant Muslim who is currently the foreign minister.
Many Turks, including powerful generals, fear Gul would use the presidency _ a post with veto power over legislation _ to assist Prime Minister Recep Tayyip Erdogan in chipping away at the separation of state and religion. Read more
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Posted on Apr 30th, 2007 with stocks: DIA , IVV , SPY Michael Panzner submits: “Dead man walking” is the phrase shouted by guards when a condemned prisoner is taken down to Death Row. via Seeking Alpha
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The Australian share market continued its upward march at noon, buoyed by the energy sector and a new record high from New York. via The Age
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In the heyday of Spain’s real estate boom a few years ago, homes were going up so fast that brick-makers literally could not bake the things fast enough, and had to import. via Atlanta Journal-Constitution
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Wall Street paused Thursday, with stocks little changed as strong profit reports from names like Apple Inc. via Insidebayarea.com
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You can find plenty of advice about buying stocks, but precious little about when to sell. via San Francisco Chronicle
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The slumping dollar has become a financial life saver for American companies whose overseas operations in many cases are growing faster than their domestic units. via The Clarion-Ledger
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