The US labor report came mixed again in January losing further 20K jobs out of the farming sector. The manufacturing sector could add 11k jobs in January to the non-farm payroll for the first time since the beginning of this recession which caused a losing of 8.42 M until now. The unemployment of January has fallen to 9.7% from 10% in December... more »
Don’t Bet on a UK Debt Downgrade: Fitch says The UK does not face the same risk of sovereign debt default as Greece because it doesn’t have the same structural problems and has benefited from the falling value of the pound, Andrew Colquhoun, director, sovereign group at Fitch Ratings Agency, told CNBC Friday.... more »
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