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Noteworthy News – December 12, 2010


China sees inflation jump to 5.1%, a 28-month high – BBC

China Risks `Rush’ to Tighten in 2011 After Inflation Surges - Bloomberg

Retail Sales Probably Climbed in November: U.S. Economy Preview – Bloomberg

Trade Gap in U.S. Narrows More Than Estimated as Exports Hit Two-Year High – Bloomberg

States People Are Fleeing – Forbes


Gasoline Prices Rise to 2-Year High – New York Times

CFTC Commissioner Bart Chilton Reveals “One Trader” Controls 40% Of Silver Market – Zerohedge

Treasury 10-Year Notes Slump Following U.S. Economic Reports; Euro Weakens - Bloomberg

SEC Says Nasdaq Venture Market May Attract Stock Manipulators – Bloomberg

Build America Bonds’ End Poised to Batter Muni Market - Bloomberg


Senate Tax-Cut Plan Would Add $857 Billion to Debt – Bloomberg

Majority of Americans Say Fed Should Be Reined In or Abolished, Poll Shows – Bloomberg

Obama Weighs a Broad Tax Overhaul – New York Times


A Secretive Banking Elite Rules Trading in Derivatives- New York Times


Mark Madoff Commits Suicide on Anniversary of Father’s Arrest – Bloomberg

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Posted in Economics, Markets, Media, Politics.

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