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Happy Holidays! (Updates resume Jan. 3)

Scramble for the Atmosphere (Monbiot) ..the barrister Polly Higgins laid out a different approach. Her declaration of planetary rights inve...

Japan kept interests rate unchanged at 0.1%. Canada's wholesale sales rose 0.3% in October Global cocoa production for 2009-10 is exp...

US attempts to break the deadlock at the UN conference in Copenhagen by backing an offer from developed countries to provide poorer nations ...

The Fed left interest rates unchanged and said that it expects economic conditions to warrant “exceptionally low” rates for an “extended” p...

Regulators Resist Volcker Wandering Warning of Too-Big-to-Fail (Bloomberg) -- Paul A. Volcker visited nine cities in five countries in the p...

YoY U.S. producer prices rose 2.4% in November The Federal Reserve Bank of New York’s general economic index fell to 2.6 from 23.5 in Novemb...

White House advisor Lawrence Summers expects the economy to start adding new jobs in the spring of 2010. Industrial production in the EU fel...

Greece defies Europe as EMU crisis turns deadly serious Mr Papandreou has good reason to throw the gauntlet at Europe's feet. Greece is ...

U.S. retail sales rose 1.3% in November. The University of Michigan's consumer sentiment index rose from 67.4 to 73.4 YOY India’s indu...

U.S. Jobless claims rose 17,000 to 474,000. The USDA's 2009-2010 U.S. ending stocks estimate of: Corn was raised from 1.625 to 1.675 bil...

Nuremberg Revisited: Obama Administration Files To Dismiss Case Against John Yoo If successful in this case, the Obama Administration will s...

(Bloomberg) China , the world’s largest steel consumer, will impose provisional duties on some U.S. and Russian imports following anti-dumpi...

No update today

(FT) Commodity markets remained under pressure as risk appetite weakened amid concerns about the sustainability of global economic recovery

German factory orders fell 2.1% in October World Bank: The number of malnourished as a percentage of the developing world's population h...

It's a return to the Star Chamber as Europe finally tramples Magna Carta into the dust If you have a spare evening, read the Magna Cart...

U.S. unemployment rate improved from 10.2% to 10.0% U.S. Factory orders rose 0.6% in October. Canada’s unemployment rate improved from 8.6%...

U.S. 30-year mortgages fell to new all-time low of 4.71% U.S. jobless claims were down 5,000 last week at 457,000 The Institute of Supply M...

China Grain Output May Drop 37% on Climate Change (Update1 ..Research shows that for every degree warmer the atmosphere becomes the key grow...

(Bloomberg) -- The global economy will expand 4.4 percent in 2010 and 4.5 percent the following year as the world recovers from the credit c...

The Institute of Supply Management's index of manufacturing fell from 55.7 to 53.6 in November The National Association of Realtors said...

The Chicago Purchasing Managers' index rose from 54.2 to 56.1 in November Lumber is up its $10 daily limit Canada ’s GDP rose 0.1% in Q3...

Bundesbank fears relapse as German banks face €90bn fresh losses The venerable bank said in its Stability Report that the world had narrowly...

The central bank of the United Arab Emirates says it is setting up a facility to provide banks with extra liquidity. The Central bank is exp...

U.S. GDP rose 0.7% in Q3, YoY GDP fell 2.5%. The Standard and Poor Case-Shiller index of home prices rose 0.3% in September. U.S. consumer ...

Spurred by a tax credits that lured first-time buyers, U.S. existing home sales rose 10.1% in October, and 23.5% YoY The National Associatio...

China's sugar imports in October rose sharply to 56,882metric tons, the General Administration of Customs said Monday. Last October, th...

Growth and recovery are expected in 2010 in most world regions, but the upturn will be modest, the OECD says. U.S. jobless claims were uncha...

U.S. consumer price index rose 0.3% MoM and fell 0.2% YoY U.S. housing starts fell 10.6% MoM. YoY Canada ’s consumer prices rose 0.1% in Oc...

U.S. producer price index rose 0.3% MoM, but fell 1.9% YoY U.S. Industrial production rose 0.1% in October. YoY U.K. consumer prices rose 1....

If Nothing Else, Save Farming According to farm scientists at Cornell University, cultivating one hectare of maize in the United States req...

The Fed is monitoring currency markets “closely” and will conduct policy in a way that will “help ensure that the dollar is strong ”, Ben B...

Mayfly May Thwart $3 Billion in Coal Mined in U.S. Mountaintops Mountaintop mining in West Virginia, Kentucky, Virginia, Tennessee and part...

China has now become the biggest risk to the world economy It is fashionable to talk of America as the supplicant. That misreads the strateg...

The US trade deficit widened by $36.5bn -- to the largest amount in 10 years. The U.S. Census Bureau said that exports rose 2.9% in Septembe...

U.S. jobless claims fell 12,000 last week to 502,000, less than expected. The U.S. Treasury sold $16 billion of 30-year T-bonds at a median...

US Treasury secretary Geithner tells reporters in Japan he believes in the need to maintain a strong dollar and that the US is determined to...

The Association of Realtors said existing home sales rose 11.4% in Q3 and up 5.9% YoY. China 's Industrial Production rose 16.1% YoY US...

The IMF said the US dollar is "on the strong side". Policy makers from this weekend's G-20 meeting in Scotland assure investor...

Unnatural disaster ..the balance works out at 96 per cent navigation, 3 per cent flood protection and 1 per cent environmental restoration.

US jobs data out worse than expected, with nonfarm payrolls up by 190,000 against expectations of 175,000 and unemployment rising from 9.8%...

U.S. jobless claims fell 20,000 to 512,000, less than expected. YoY U.S. non-farm productivity rose 9.5% in Q3 YoY U.S labor costs fell 3....

It is Japan we should be worrying about, not America Simon Johnson, former chief economist of the International Monetary Fund (IMF), told th...

The Federal Reserve took small steps in the direction of a more hawkish stance on rates, tweaking its guidance on future policy for the firs...

The Federal Reserve begins its two-day meeting today and is expected to keep the federal funds rate unchanged. U.S . Factory orders rose 0.9...

The ISM index of manufacturing rose from 52.6 to 55.7 in October. U.S. employment index rose from 46.2 to 53.1 U.S. construction spending ...

Wilbur Ross Sees ‘Huge’ Commercial Real Estate Crash U.S. commercial property sales are forecast to fall to the lowest in almost two decades...

The University of Michigan index of consumer sentiment fell to 70.6 from 73.5 in Sep. U.S. personal incomes fell 0.1% in September, spending...