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US Federal Reserve slashes rates
Amid concerns over the state of the US economy and jittery financial markets, the US Federal Reserve has cut interest rates by three quarters of a percentage point."
The central bank lowered rates to 2.25% from 3%, but the cut was smaller than financial markets had expected.... Citi loses almost $10B, slashes dividend
Even with the endless services charges Citibank still managed to break the record books. "NEW YORK - Citigroup Inc. lost almost $10 billion in last year's final three months, the largest quarterly deficit in... Will the Subprime Meltdown Hurt the Ad Industry?
I remember being told by various Madison Avenue types that Capital One sends out over 1 billion pieces of direct mail a year. I'm pretty sure I've got most of those. They truly are one of the biggest...Propaganda and the Politics of Perception by Michael Carmichael
"A version of this text was presented to the Kuala Lumpur Conference on War Crimes, Perdana Global Peace Organization, 5-7 February 2007. War propaganda glorifies military indoctrination as the highest form of patriotism while simultaneously demonizing the enemies of the...Nicaragua's Ortega slashes his salary
"MANAGUA, Nicaragua - Leftist Nicaraguan President Daniel Ortega, who took power earlier this month, said Monday that he was slashing his salary and those of Cabinet members. ADVERTISEMENT In a news conference, Ortega said he would earn a monthly salary of $3,200 while...
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