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Dollar's value sinks amid slow growth

Source: Honolulu Advertiser
Washington : DC : USA | about 1 month ago  
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  • The deficit amounted to 10 percent of US GDP, the highest since 1945, officials said
    The deficit amounted to 10 percent of US GDP, the highest since 1945, ...
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The deficit amounted to 10 percent of US GDP, the highest since 1945, ...
President Obama's effort to lead the world economic recovery by spending the U.S. out of its recession is undermining the dollar, triggering record commodities rallies as investors scour the globe for hard assets. As threats of a financial meltdown fade, the currency is falling victim to an unprecedented...
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  • Dollar's value sinks amid slow growth
    News Source: Honolulu Advertiser | about 1 month ago
    President Obama's effort to lead the world economic recovery by spending the U.S. out of its recession is undermining the dollar, triggering record commodities rallies as investors scour the globe for hard assets. As threats of a financial meltdown...
  • US budget deficit trebles to $1.42 trn on eco revival efforts
    News Source: The Hindustan Times | about 1 month ago
    Fighting the worst financial turmoil in decades, the US saw its federal budget deficit more than treble to $1.42 trillion for the financial year ended September 30. The deficit stood at just $455 billion in the same period a year ago, according to...
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  • cryptogon.com » 2009 Federal Deficit Surges to $1.42 Trillion
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    That boosted the shortfall for the full fiscal year ending Sept. 30 to $1.42 trillion. The previous year's deficit was $459 billion. As a percentage of U.S. economic output, it's the biggest deficit since World War II. ...
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    The US budget deficit hit a record $1.4 trillion (£877bn) in the year to 30 September. The deficit was equal to 9.9% of gross domestic product (GDP) - more than treble the 2008 level. Climbing unemployment, declining tax revenues due to ...
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