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Yearly Archives: 2016

U.S. Q4 GDP growth revised higher on strong inventory investment

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WASHINGTON – U.S. economic growth slowed in the fourth quarter, but not as sharply as initially thought, with businesses less aggressive in their efforts to reduce unwanted inventory, which could hurt output within the first 3 months of 2016. Gross domestic product increased at a 1.0 percent annual rate rather than the previously reported 0.7 per cent pace, the Commerce ...

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Northair and Kootenay Combining to Create Mexican Silver Consolidator

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Northair and Kootenay Combining to Create Mexican Silver Consolidator Northair Silver Corp (TSXV.INM) has a NI43-101 compliant silver resource at its La Cigarra project in Chihuaua State, Mexico; only 20 kilometers from two large producing mines which have been mining silver for hundreds of years. The organization also has 2 million dollars in its treasury and it is President & ...

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Warren Buffett accuses U.S. presidential candidates of making economy seem worse than it is

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OMAHA, Neb. – The United States’ economy is within better shape compared to presidential candidates allow it to be seem, investor Warren Buffett said Saturday, despite the fact that businesses like his still face challenges. In his annual letter to Berkshire Hathaway shareholders, Buffett didn’t name specific candidates or issues, but noted that the negative drumbeat concerning the economy, healthcare reform ...

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Why the Q4 GDP numbers could spell more stimulus for the Canadian economy

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The Liberal government’s case for additional spending may get a lift if fourth quarter GDP comes in worse than expected on Tuesday. Canada still lagging behind U.S. growth, and also at this time, we’re nowhere near to catching up Divergence in United states economies shows little manifestation of narrowing. While the U.S. economy performed better than expected within the final ...

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Catalyst’s opposition to Corus-Shaw Media deal questioned by investors, analysts

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The motives fuelling a minority shareholder’s make an effort to thwart Corus’s $2.65 billion purchase of Shaw Media were called into question Friday, as Catalyst Capital Group Inc. aired its concerns about the proposed sale on the conference call with investors and analysts. Catalyst, a personal equity firm with US$6 billion in assets that are experts in distressed situations, said ...

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Conference Board highlights LNG’s potential, notes its uncertainty in British Columbia

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CALGARY C The British Columbia government stands to gain $2.9 billion per year if three liquefied natural gas vegetation is built on the province’s coastline, according to a new report funded by one of the LNG project proponents. The Conference Board of Canada noted in a new report, paid for with a subsidiary of Malaysia’s state-owned oil company and LNG ...

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China moves to boost banks’ lending, signalling renewed focus on growth over yuan

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China’s latest easing move signals that shoring up growth may be the government’s main concern even when doing this further weakens the yuan or contributes to leverage that threatens the longer-term health from the world’s second-biggest economy. ‘Good progress,’ but few details on how you can strengthen global economy as G20 summit concludes Canada’s finance minister said G20 leaders ‘made ...

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‘A huge safety issue’: Canada needs standards to prevent cramming too many people on flights, advocate says

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HALIFAX — An airline passenger advocate says Canada need to look at establishing seat-size standards for commercial airlines. Gabor Lukacs says an attempt by American Sen. Charles Schumer to want the U.S. government to determine seat-size standards is one thing that needs to be done in Canada. Lukacs said such standards are needed on Canadian flights, as cramming too many ...

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