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Media Blackout: The Armada in the Gulf Here is the basic story. Two aircraft carrier task forces, the Abraham Lincoln and the Peleliu, are a...

Of Moose and Pit Bulls To countries competing with the US, as for example Japan, the American military budget is a godsend, the equivalent ...

Computer containing deets of 1 million bank customers sold on eBay This time, an unsuspecting IT manager, had found details for one million...

The S&P/Case-Shiller index of U.S. home prices in twenty cities fell 0.5% in June. YoY home prices fell 15.9%. The U.S. Census Bureau s...

The National Association of Realtors said that U.S. existing home sales were at an annual rate of 5.00 million units in July, up 3.1% MoM. T...

(FT)The decline in oil prices and the rally in the dolla r was "encouraging", Ben Bernanke said, suggesting the Federal Reserve th...

U.S. Mint Suspends Sales of American Eagle Gold Coins It is the first time in two decades that the Mint halted sales of the coins, which are...

U.S. jobless claims were down 13,000 last week to 432,000. U.S . leading indicators fell 0.7% in July. The Philadelphia Feds regional index ...

The Golden Value of Reliable Numbskulls Gold is the "the epitome of human stupidity," said an opinion in the Telegraph newspaper. ...

Japan's Exports Rebound, China Becomes No. 1 Customer (Update2) (Bloomberg) -- Japan's exports rebounded in July as China replaced ...

Canada ’s sales rose 0.5% from May, and up 4.0% YoY Shanghai equities made their biggest daily gain in four months as optimism rose the Chi...

Proportion and Distortion Russia and Georgia

Rice: Military power is "not the way to deal in the 21st century" The idea that the U.S. can, should and must be, more or less, i...

U.S. Labor producer price index rose 1.2% in July, and up 9.8% YoY U.S. housing starts were at an annual rate of 965,000 units in July, do...

George, Stay Out of Georgia by William S. Lind It almost passes belief to think that the Bush administration, bogged down in two wars and p...

The USDA said: 67% of the corn crop was rated good to excellent, the same as last week. 62% of the soybean crop was rated good to excellent...

Dollar surge will not stop America feeling the effects of a global crunch US exports have risen 22pc over the past year, outstripping Chines...

U.S. industrial production rose 0.2% in July, better than expected The New York Federal Reserve's regional index of manufacturing rose ...

Blowback From Bear- Baiting by Patrick J. Buchanan Is not Western hypocrisy astonishing?

U.S. consumer prices rose 0.8% in July and 5.6% YoY. The National Association of Realtors said YoY the prices of single family homes fell 7...

U.S . retail sales fell 0.1% in July, but rose 2.6% YoY. U.S. business sales rose 1.7% in June U.S. inventories rose 0.7%. Japan 's G...

U.S. Exports rose $6.4 billion to $164.4 billion in June - imports rose $4.0 billion to $221.2 billion. The result was $56.8 billion of net ...

The Russo-Georgian War and the Balance of Power By George Friedman ..Moscow did not have to concern itself with the potential response of t...

Georgia: Vladimir Putin sends emphatic message of global importance Mr Putin has demonstrated that the Kremlin will use force to protect th...

YoY the U.K. 's producer prices rose 10.2% in July The USDA said: 67% of the corn crop was rated good to excellent, up from 66% last we...

US dollar rallies as extent of worldwide recession becomes clearer Arguably, the US is now super-competitive. Airbus and Volkswagen are shif...

U.S . worker productivity rose 2.2% in the second quarter. U.S. wholesale sales rose 2.8% U.S. Inventories rose 1.1%. Canada ’s unemploymen...

Governments caused the credit crisis, but capitalism gets the blame Greenspan now says the world faces a "once or twice in a century ev...

U.S. pending home sales rose 5.3% in June, better than expected. YoY pending home sales are down 12.3%. U.S. jobless claims rose 7,000 las...

U.S. June Consumer Credit Up $14.3 Billion, More Than Forecast Consumers are using credit cards and loans to cover expenses as falling home...

Hank the Great? Paulson Copies Frederick With Covered-Bond Plan (Bloomberg) -- In 1769, short of funds to rebuild Prussia after attacks by...

Consumer confidence in the U.K . fell from 62 to 51 in July. German factory orders fell 6.1% in June. The U.S. DOE said: Supplies of crude...

The Fed met and kept rates unchanged at 2.0%, as expected. The Institute of Supply Management's index of services increased from 48.2...

YoY U.S. Consumer prices rose 4.1% in June, up from 3.5% in May, for the biggest annual gain since May 1991. U.S. personal incomes rose 0.1...

Deutsche calls the top of the commodity cycle Deutsche Bank has called the top of the commodity cycle. The uber-bulls of the oil, food and...

The White House expects the federal budget deficit to hit a new record high of $490 billion in 2008-2009, Consumer confidence in Germany f...

U.S. new home sales fell 0.6% in June. So far in 2008, new home sales are down 35% YoY. U.S. durable goods orders rose 0.8% in June. Exclu...

U.S. existing home sales fell 2.6% on the month. U.S. jobless claims rose 34,000 last week to 406,000. U.K. retail sales fell 3.9% in June...

(Reuters) - The United States faced increasing inflationary pressures in recent weeks amid slowing economic growth, the Federal Reserve said...

Richmond Federal Reserve regional index of manufacturing fell from -12 to -16 in July Canada ’s retail sales rose 0.4% in May The USDA sai...

On War #267: Running the Narrows By William S. Lind More, the money is about to run out. We seem to have forgotten that no activity the sta...

U.S. leading indicators fell 0.1% in June The Chicago Federal Reserve's index of national activity rose from -1.06 to -0.60 in June The ...

Canada’ s leading indicator reported unchanged for June. Canada’s wholesale sales rose 1.6% MoM and 2.9% YoY. The U.K . reported a budget d...

U.S. housing starts were at an annual rate of 1.066 million units, up 9.1% MoM, but down 26.9% YoY. U.S. jobless claims rose 18,000 last w...

U.S. consumer prices rose 1.1% in June and 5.0% YoY, the biggest yearly jump since 1991. Excluding food and energy, prices rose 0.3% in June...

The SEC said it plans to curb traders' ability to short sell some of the largest banks and brokerage firms. U.S. producer prices rose 1...

Recession looms as Spain crumbles The eurozone is tipping into a deeper downturn than America itself despite the tremors in the US mortgage...

China 's foreign-exchange reserves rose 35.7% YoY, to a record $1.81 trillion. Industrial production in the Euro area fell 1.9% in May...