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	<title>Business News Blog</title>
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	<link>http://business.presslogs.com</link>
	<description>Most important business news log</description>
	<pubDate>Wed, 01 Apr 2009 00:50:10 +0000</pubDate>
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		<title>UKFI To &#8216;Vote Against&#8217; Sir Fred&#8217;s Pension</title>
		<link>http://business.presslogs.com/2009/04/ukfi-to-vote-against-sir-freds-pension/</link>
		<comments>http://business.presslogs.com/2009/04/ukfi-to-vote-against-sir-freds-pension/#comments</comments>
		<pubDate>Wed, 01 Apr 2009 00:50:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
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										First the tory self appointed tory gurus want NO INTERFERENCE in the banks affairs&#8230;&#8230;then the hypocrites WANT BIGTIME INTERFERENCE when things go wrong by pure bad management&#8230;&#8230;The reality is the torys pander to every side in their ATTEMPT  to gain power.a 4th succesive rejection would be beautiful&#13;
										
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										Joel, you [...]]]></description>
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										First the tory self appointed tory gurus want NO INTERFERENCE in the banks affairs&#8230;&#8230;then the hypocrites WANT BIGTIME INTERFERENCE when things go wrong by pure bad management&#8230;&#8230;The reality is the torys pander to every side in their ATTEMPT  to gain power.a 4th succesive rejection would be beautiful&#13;
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										Posted By :Eric&#13;<br />
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										<a href="http://messageboards.sky.com/comments/flagcomment.aspx?commentid=376734" target="_blank" class="secondaryLink">Report This</a>&#13;</p>
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										Joel, you suggest that if the govt. changes it&#8217;s stance then the whole constitution crumbles.  I don&#8217;t know if you&#8217;ve noticed but that&#8217;s exactly what has happened to our institution - the banking system. And Fred was one of the top dogs so I don&#8217;t think it will make much difference if the govt. goes against the agreement.&#13;
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										Posted By :Steve M&#13;<br />
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										<a href="http://messageboards.sky.com/comments/flagcomment.aspx?commentid=376710" target="_blank" class="secondaryLink">Report This</a>&#13;</p>
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										Can everyone please stop calling this Fred guy Sir???
<p>Thank you </p>
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										Posted By :PeteBB&#13;<br />
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										<a href="http://messageboards.sky.com/comments/flagcomment.aspx?commentid=376706" target="_blank" class="secondaryLink">Report This</a>&#13;</p>
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<blockquote><p> &#13;<br />
											Agree with Joel.  Goodwin secured a deal with his ex exployers when he left and although he must have personally felt that the value was obscene, in light of his catastophic failure at the bank, the government and bank bosses agreed to it.  If it can be proved that he knew in advance Myners should be fired for incompetence for not vetoing this before it was agreed.&#13;
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											Posted By :Steve&#13;<br />
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											<a href="http://messageboards.sky.com/comments/flagcomment.aspx?commentid=376694" target="_blank" class="secondaryLink">Report This</a>&#13;</p>
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											but surely, joel, the prime minister did not resign/ sacked/ overthrown, so he would still be earning his pension. fred goodwin got sacked so he should not get full pension.&#13;
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											Posted By :yvonne&#13;<br />
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											<a href="http://messageboards.sky.com/comments/flagcomment.aspx?commentid=376677" target="_blank" class="secondaryLink">Report This</a>&#13;</p>
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											And why not Joel?  And his huge pension pot too.&#13;
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											Posted By :Rob&#13;<br />
											</cite>&#13;<br />
											<a href="http://messageboards.sky.com/comments/flagcomment.aspx?commentid=376667" target="_blank" class="secondaryLink">Report This</a>&#13;</p>
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<p><a href="http://news.sky.com/skynews/Home/Business/UK-Investments-Will-Vote-Against-Sir-Fred-Goodwins-Pension-Reports-Say/Article/200903415252613?f=rss">Read more</a></p>
<div class="aizattos_related_posts"><span class="aizattos_related_posts_header" >Related Posts</span><ul><li><span class="aizattos_related_posts_title"><a href="http://business.presslogs.com/2009/02/sir-fred-will-not-forego-166m-pension-pot/" rel="bookmark" title="Permanent Link: Sir Fred Will Not Forego £16.6m Pension Pot" >Sir Fred Will Not Forego £16.6m Pension Pot</a></span><div class="aizattos_related_posts_excerpt">Chancellor Alistair Darling said ministers had not realised that a decision by the bank's former boa...</div></li><li><span class="aizattos_related_posts_title"><a href="http://business.presslogs.com/2009/02/axe-wielded-in-rbs-board-clearout/" rel="bookmark" title="Permanent Link: Axe Wielded In RBS Board Clearout" >Axe Wielded In RBS Board Clearout</a></span><div class="aizattos_related_posts_excerpt">&#13;
					&#13;
						11:56am UK, Friday February 06, 2009&#13;
					&#13;
					&#13;
					John Hol...</div></li></ul></div>]]></content:encoded>
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		<title>Lord Myners acted &#8216;unfairly&#8217; in RBS pension row</title>
		<link>http://business.presslogs.com/2009/03/lord-myners-acted-unfairly-in-rbs-pension-row/</link>
		<comments>http://business.presslogs.com/2009/03/lord-myners-acted-unfairly-in-rbs-pension-row/#comments</comments>
		<pubDate>Tue, 31 Mar 2009 17:12:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
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		<description><![CDATA[
Read
Sir Tom McKillop&#8217;s letter in full	
Read more
Related PostsSir Fred Will Not Forego £16.6m Pension PotChancellor Alistair Darling said ministers had not realised that a decision by the bank's former boa...Lord Mandelson warns: No blank cheque for UK plc	
IN a stark warning to British industry Lord Mandelson, the business secretary, 
has said there is ...]]></description>
			<content:encoded><![CDATA[<p>
Read<br />
Sir Tom McKillop&#8217;s letter in full	</p>
<p><a href="http://www.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6009474.ece#cid=OTC-RSS&amp;attr=1185799">Read more</a></p>
<div class="aizattos_related_posts"><span class="aizattos_related_posts_header" >Related Posts</span><ul><li><span class="aizattos_related_posts_title"><a href="http://business.presslogs.com/2009/02/sir-fred-will-not-forego-166m-pension-pot/" rel="bookmark" title="Permanent Link: Sir Fred Will Not Forego £16.6m Pension Pot" >Sir Fred Will Not Forego £16.6m Pension Pot</a></span><div class="aizattos_related_posts_excerpt">Chancellor Alistair Darling said ministers had not realised that a decision by the bank's former boa...</div></li><li><span class="aizattos_related_posts_title"><a href="http://business.presslogs.com/2008/12/lord-mandelson-warns-no-blank-cheque-for-uk-plc/" rel="bookmark" title="Permanent Link: Lord Mandelson warns: No blank cheque for UK plc" >Lord Mandelson warns: No blank cheque for UK plc</a></span><div class="aizattos_related_posts_excerpt">	
IN a stark warning to British industry Lord Mandelson, the business secretary, 
has said there is ...</div></li></ul></div>]]></content:encoded>
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		<title>GM Chief to Resign at White House&#8217;s Behest</title>
		<link>http://business.presslogs.com/2009/03/gm-chief-to-resign-at-white-houses-behest/</link>
		<comments>http://business.presslogs.com/2009/03/gm-chief-to-resign-at-white-houses-behest/#comments</comments>
		<pubDate>Mon, 30 Mar 2009 11:20:12 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
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		<description><![CDATA[
The Obama administration has forced the longtime head of General Motors to resign and said yesterday that it would withhold additional federal aid to the auto industry unless the ailing companies undertake changes they so far have been unwilling or unable to make.

Read more
Related PostsWhite House takes &#8220;available&#8221; time for autos 
    [...]]]></description>
			<content:encoded><![CDATA[<p>
The Obama administration has forced the longtime head of <a href="http://financial.washingtonpost.com/custom/wpost/html-qcn.asp?dispnav=business&amp;mwpage=qcn&amp;symb=GM&amp;nav=el" target="">General Motors</a> to resign and said yesterday that it would withhold additional federal aid to the auto industry unless the ailing companies undertake changes they so far have been unwilling or unable to make.
</p>
<p><a href="http://www.washingtonpost.com/wp-dyn/content/article/2009/03/29/AR2009032900708.html?wprss=rss_business">Read more</a></p>
<div class="aizattos_related_posts"><span class="aizattos_related_posts_header" >Related Posts</span><ul><li><span class="aizattos_related_posts_title"><a href="http://business.presslogs.com/2008/12/white-house-takes-available-time-for-autos-reuters/" rel="bookmark" title="Permanent Link: White House takes &#8220;available&#8221; time for autos 
    (Reuters)" >White House takes &#8220;available&#8221; time for autos 
    (Reuters)</a></span><div class="aizattos_related_posts_excerpt">WASHINGTON (Reuters) – 
The White House was studying on Saturday how best to rescue collapsing U.S...</div></li><li><span class="aizattos_related_posts_title"><a href="http://business.presslogs.com/2008/12/lawmakers-and-white-house-agree-on-auto-aid-plan-reuters/" rel="bookmark" title="Permanent Link: Lawmakers and White House agree on auto aid plan 
    (Reuters)" >Lawmakers and White House agree on auto aid plan 
    (Reuters)</a></span><div class="aizattos_related_posts_excerpt">WASHINGTON (Reuters) – 
Congressional Democrats and the White House have reached agreement on emer...</div></li></ul></div>]]></content:encoded>
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		<item>
		<title>GM CEO forced out as U.S. readies autos aid 
    (Reuters)</title>
		<link>http://business.presslogs.com/2009/03/gm-ceo-forced-out-as-us-readies-autos-aid-reuters/</link>
		<comments>http://business.presslogs.com/2009/03/gm-ceo-forced-out-as-us-readies-autos-aid-reuters/#comments</comments>
		<pubDate>Mon, 30 Mar 2009 00:00:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
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		<description><![CDATA[WASHINGTON (Reuters) –
General Motors Corp Chief Executive Rick Wagoner resigned under pressure from the Obama administration on Sunday as the government prepared to announce a second bailout for the company and its smaller rival Chrysler LLC.
Read more
Related PostsWhite House takes &#8220;available&#8221; time for autos 
    (Reuters)WASHINGTON (Reuters) – 
The White House was [...]]]></description>
			<content:encoded><![CDATA[<p>WASHINGTON (Reuters) –<br />
<span class="yshortcuts">General Motors Corp Chief Executive Rick Wagoner</span> resigned under pressure from the Obama administration on Sunday as the government prepared to announce a second bailout for the company and its smaller rival <span class="yshortcuts">Chrysler LLC</span>.</p>
<p><a href="http://news.yahoo.com/s/nm/20090329/bs_nm/us_autos">Read more</a></p>
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    (Reuters)" >White House takes &#8220;available&#8221; time for autos 
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Top car safety picks for 2009
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		<title>Being a Marketer</title>
		<link>http://business.presslogs.com/2009/03/being-a-marketer/</link>
		<comments>http://business.presslogs.com/2009/03/being-a-marketer/#comments</comments>
		<pubDate>Sun, 29 Mar 2009 11:10:13 +0000</pubDate>
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		<description><![CDATA[Following is part two of an interview with Cheryl Benton, owner of 747 Marketing. Their website says, &#8220;We&#8217;ve built a consulting business that helps our clients gain unfair competitive advantages by outwitting the other guys.&#8221; Visit Cheryl Benton&#8217;s website simply by Googling 747 Marketing.
Read more
Related PostsNo related posts]]></description>
			<content:encoded><![CDATA[<p>Following is part two of an interview with Cheryl Benton, owner of 747 Marketing. Their website says, &#8220;We&#8217;ve built a consulting business that helps our clients gain unfair competitive advantages by outwitting the other guys.&#8221; Visit Cheryl Benton&#8217;s website simply by Googling 747 Marketing.</p>
<p><a href="http://ezinearticles.com/?Being-a-Marketer&amp;id=2128185">Read more</a></p>
<div class="aizattos_related_posts"><span class="aizattos_related_posts_header" >Related Posts</span><ul><li><span class="aizattos_related_posts_title">No related posts</span></li></ul></div>]]></content:encoded>
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		<title>Big banks set to slash ATM fees</title>
		<link>http://business.presslogs.com/2009/03/big-banks-set-to-slash-atm-fees/</link>
		<comments>http://business.presslogs.com/2009/03/big-banks-set-to-slash-atm-fees/#comments</comments>
		<pubDate>Sat, 28 Mar 2009 23:50:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
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		<guid isPermaLink="false">http://business.presslogs.com/2009/03/big-banks-set-to-slash-atm-fees/</guid>
		<description><![CDATA[THE big banks&#8217; policy on charging ATM fees may be about to change as customers flock to Australia&#8217;s only bank account offering free access to every cash machine in the country.
Read more
Related PostsBanks slash interest rates - on depositsSTRESSED homeowners have been slugged again, with the banks moving swiftly to slash the interest the...Payment Card [...]]]></description>
			<content:encoded><![CDATA[<p>THE big banks&#8217; policy on charging ATM fees may be about to change as customers flock to Australia&#8217;s only bank account offering free access to every cash machine in the country.</p>
<p><a href="http://www.news.com.au/business/story/0,23636,25258417-14327,00.html?from=public_rss">Read more</a></p>
<div class="aizattos_related_posts"><span class="aizattos_related_posts_header" >Related Posts</span><ul><li><span class="aizattos_related_posts_title"><a href="http://business.presslogs.com/2008/08/banks-slash-interest-rates-on-deposits/" rel="bookmark" title="Permanent Link: Banks slash interest rates - on deposits" >Banks slash interest rates - on deposits</a></span><div class="aizattos_related_posts_excerpt">STRESSED homeowners have been slugged again, with the banks moving swiftly to slash the interest the...</div></li><li><span class="aizattos_related_posts_title"><a href="http://business.presslogs.com/2008/07/payment-card-interchange-fees/" rel="bookmark" title="Permanent Link: Payment Card Interchange Fees" >Payment Card Interchange Fees</a></span><div class="aizattos_related_posts_excerpt">Interchange fee is a term used in the payment card industry to describe the fee that an merchant ban...</div></li></ul></div>]]></content:encoded>
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		<title>12 Cool Web Tools</title>
		<link>http://business.presslogs.com/2009/03/12-cool-web-tools/</link>
		<comments>http://business.presslogs.com/2009/03/12-cool-web-tools/#comments</comments>
		<pubDate>Sat, 28 Mar 2009 11:00:24 +0000</pubDate>
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		<description><![CDATA[

Demandbase lets you know when those blue-chip customers are knocking at your virtual door. Its free real-time ticker analyzes your visitors&#8217; IP addresses and compares them with information from sources such as Dun &#38; Bradstreet and LexisNexis. With those data, Demandbase can tell you the names of the companies at which many of your visitors [...]]]></description>
			<content:encoded><![CDATA[<div class="slide-content">
<div class="slide slide-0 slide-content" style="block">
<p>Demandbase lets you know when those blue-chip customers are knocking at your virtual door. Its free real-time ticker analyzes your visitors&#8217; IP addresses and compares them with information from sources such as Dun &amp; Bradstreet and LexisNexis. With those data, Demandbase can tell you the names of the companies at which many of your visitors work. Click on a company name, and Demandbase will sell you the name and contact information for a lead at that company. Demandbase has been called the iTunes of CRM, and it&#8217;s almost as affordable: The average cost per lead is just $1.80.</p>
</div>
<div class="slide slide-1 slide-content" style="none">
<p>LuckyCal aims to make it easier for you to meet up with friends or business contacts. The free Web tool, which launched in December, integrates your work and personal calendars with those of your employees, friends, and business associates (as long as they give you permission). The main benefit could be for road-weary sales teams; LuckyCal will scan your colleagues&#8217; and clients&#8217; Outlook calendars and Facebook profiles and e-mail you when they are in your area. LuckyCal plans to charge for an enterprise version that launches later this year.</p>
</div>
<div class="slide slide-2 slide-content" style="none">
<p>Three new software programs can help companies cut carbon emissions. Edison (verdiem.com/edison), CO2 Saver (co2saver.snap.com), and Carbon Control Software (carboncontrolsoftware.com) all use Windows power settings to reduce the energy consumed by computers while they are idle. All the programs provide information on how much carbon you have saved, and Edison estimates how much money you have saved as well. The personal versions of the programs are free. Carbon Control Software&#8217;s business version costs $10.50 and up per license per year and Verdiem, the maker of Edison, has a corporate version that sells for $20 per computer per year. It may be worth the price: Globally, IT infrastructure emits as much carbon as the aviation industry, according to research firm Gartner.</p>
</div>
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<p>Fonolo.com has mapped out the automated customer service phone trees of 200 companies. Log on, click on the department you want to reach (reservations at American Airlines, for example), and Fonolo will make the call, navigate the system, and call you when it has reached your desired department. When we used it to call Citibank, it connected us with a rep in less than 20 seconds, compared with two minutes when calling directly. Fonolo has an iPhone app as well.</p>
</div>
<div class="slide slide-4 slide-content" style="none">
<p>When you cancel a flight, you are entitled to a refund of the taxes and fuel charges you paid &#8212; even on a nonrefundable ticket. For 25 euros ($32), MissRefund.com will get that money for you. The company has secured refunds as large as $262; the average is $101. If you don&#8217;t receive a refund, you don&#8217;t have to pay. Meawhile, Vayama.com is an airfare booking site focused on routes and destinations that aren&#8217;t generally available online, like Seattle to Denpasar, Bali. But it doesn&#8217;t always have the best prices, particularly on run-of-the-mill trips, so make sure to shop around. Airfarewatchdog.com scours listing sites such as Travelocity and Orbitz to find the best deals, even on small airlines like Allegiant. And Yapta.com will alert you when a good price appears on the flight you want. If the price falls after you have bought the ticket, Yapta will, for $15, try to get you a refund or credit for the difference.</p>
</div>
<div class="slide slide-5 slide-content" style="none">
<p>The world&#8217;s largest community of software developers and graphic designers is now ready to serve small companies. Since 2001, TopCoder has been holding coding and design competitions to help companies like ESPN develop new software tools, websites, and logos. Late last year, it launched TopCoder Direct, a do-it-yourself version that allows small and midsize companies to get in the game. Log in at topcoder.com/direct, describe what you want, and determine how much money you will award the first- and second-place finishers. When the submissions come in, you pick the best. A prototype for a simple website might cost $1,200.</p>
</div>
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<p>Chances are you have a cell phone, a work phone, a home phone, a couple of e-mail accounts, and maybe an instant-messaging program. With free software from VoxOx, you can keep them all in one place. Import contacts from all of your e-mail and IM accounts. Then, e-mail, IM, text, or call anyone you know, all through VoxOx. Every user gets a phone number, which shows up in the caller ID of the person receiving the call. If someone uses the number to call you, you can pick up at the computer or have the call forwarded to any phone. But there is one drawback: VoxOx gives users only two free hours of calls. Then, you can either pay a fee or get more free calls by watching ads.</p>
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<p><a href="http://www.inc.com/ss/12-cool-web-tools-small-business?partner=rss">Read more</a></p>
<div class="aizattos_related_posts"><span class="aizattos_related_posts_header" >Related Posts</span><ul><li><span class="aizattos_related_posts_title"><a href="http://business.presslogs.com/2008/07/easy-ways-to-find-reliable-and-cheap-tools/" rel="bookmark" title="Permanent Link: Easy Ways to Find Reliable and Cheap Tools" >Easy Ways to Find Reliable and Cheap Tools</a></span><div class="aizattos_related_posts_excerpt">You can find the best of the cheap tools at discount rates at almost all retailers. To gain this adv...</div></li><li><span class="aizattos_related_posts_title"><a href="http://business.presslogs.com/2008/08/cios-embrace-online-training/" rel="bookmark" title="Permanent Link: CIOs Embrace Online Training" >CIOs Embrace Online Training</a></span><div class="aizattos_related_posts_excerpt">A survey finds Web 2.0 is lagging behind online training as a workplace tool.Read more</div></li></ul></div>]]></content:encoded>
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		<title>Wall Street: A critical crossroad</title>
		<link>http://business.presslogs.com/2009/03/wall-street-a-critical-crossroad/</link>
		<comments>http://business.presslogs.com/2009/03/wall-street-a-critical-crossroad/#comments</comments>
		<pubDate>Fri, 27 Mar 2009 23:50:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Business News Blog]]></category>

		<guid isPermaLink="false">http://business.presslogs.com/2009/03/wall-street-a-critical-crossroad/</guid>
		<description><![CDATA[NEW YORK (CNNMoney.com) &#8212; The last full week in the quarter is a critical one for investors as they look for reasons to either resurrect the stalled rally or retreat even further. 
Read more
Related PostsLondon soars through 4,000 on Wall Street rally	
London shares burst back through the psychologically important 4,000-point 
level today following ...Ford to [...]]]></description>
			<content:encoded><![CDATA[<p>NEW YORK (CNNMoney.com) &#8212; The last full week in the quarter is a critical one for investors as they look for reasons to either resurrect the stalled rally or retreat even further. </p>
<p><a href="http://money.cnn.com/2009/03/20/markets/markets_weekahead/index.htm">Read more</a></p>
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		<title>UK Recession Deeper Than First Feared</title>
		<link>http://business.presslogs.com/2009/03/uk-recession-deeper-than-first-feared/</link>
		<comments>http://business.presslogs.com/2009/03/uk-recession-deeper-than-first-feared/#comments</comments>
		<pubDate>Fri, 27 Mar 2009 10:51:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Business News Blog]]></category>

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The UK economy shrank by 1.6% in the final quarter of 2008, a bigger fall than first estimated.
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The figure - revised lower from the original 1.5% estimate by the Office for National Statistics (ONS) - represents the worst fall in output since April-June 1980.
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The slump was driven by a bigger-than-estimated fall in construction as well [...]]]></description>
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<h2>The UK economy shrank by 1.6% in the final quarter of 2008, a bigger fall than first estimated.</h2>
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<p>The figure - revised lower from the original 1.5% estimate by the Office for National Statistics (ONS) - represents the worst fall in output since April-June 1980.</p>
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<p>The slump was driven by a bigger-than-estimated fall in construction as well as declining output from the UK&#8217;s services sector.</p>
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<p><b>More follows . . .</b></p>
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<p><a href="http://news.sky.com/skynews/Home/Business/Recession-Deeper-Than-First-Feared-As-GDP-For-Last-Quarter-Of-2008-Falls-By-16/Article/200903415250279?f=rss">Read more</a></p>
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		<title>US demands &#8216;new rules&#8217; for financial regulation</title>
		<link>http://business.presslogs.com/2009/03/us-demands-new-rules-for-financial-regulation/</link>
		<comments>http://business.presslogs.com/2009/03/us-demands-new-rules-for-financial-regulation/#comments</comments>
		<pubDate>Thu, 26 Mar 2009 23:10:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Business News Blog]]></category>

		<guid isPermaLink="false">http://business.presslogs.com/2009/03/us-demands-new-rules-for-financial-regulation/</guid>
		<description><![CDATA[
Timothy Geithner, the US Treasury Secretary, lambasted America’s banking
regulations and said sweeping new “rules of the game” were needed to ensure
that the US financial system never again threatens to drag down the entire
economy.	
Read more
Related PostsFinancial Services Authority under fire for sudden change in rules	
The City&#8217;s chief regulator came under heavy fire yesterday as it announced [...]]]></description>
			<content:encoded><![CDATA[<p>
Timothy Geithner, the US Treasury Secretary, lambasted America’s banking<br />
regulations and said sweeping new “rules of the game” were needed to ensure<br />
that the US financial system never again threatens to drag down the entire<br />
economy.	</p>
<p><a href="http://www.timesonline.co.uk/tol/business/economics/article5981849.ece#cid=OTC-RSS&amp;attr=1185799">Read more</a></p>
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						8:21pm UK, Wednesday March 18, 2009&#13;
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					Ursula Er...</div></li></ul></div>]]></content:encoded>
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