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Thursday, November 3, 2011

USA Today: Could Japan's economic malaise strike here in U.S.?

Could Japan's economic malaise strike here in U.S.?
By John Waggoner, USA TODAY

If you wonder what haunts Federal Reserve Chairman Ben Bernanke's dreams, it's Japan.

USA Today: Reports show an economy that is growing, but slowly

Reports show an economy that is growing, but slowly
2011.11.03 08:32 AM

WASHINGTON – Four economic reports painted a picture of a slowly growing economy Thursday. They said:

Bloomberg: Economy Drives More Americans to Extreme Poverty

Economy Drives More Americans to Extreme Poverty
By Catherine Dodge - 2011.11.02 09:01 PM

The number of Americans living in neighborhoods beset by extreme poverty surged in the last decade, erasing the progress of the 1990s, with the poorest areas growing more than twice as fast in suburbs as in cities.

Wednesday, November 2, 2011

Download the New Reserves Classification Guide

http://www.spe.org/

Download the New Reserves Classification Guide

2 November 2011 in Americas,Asia-Pacific,Canada,Europe and Sub-Saharan Africa,Europe, Russia and West Africa,Latin America and Caribbean,Middle East, North Africa and India,Regions,Russia and Caspian,SPE News,Technical,United States

Bloomberg: Fed Lowers Economic Growth Outlook for Next Year, Sees 8.6% Unemployment

Fed Lowers Economic Growth Outlook for Next Year, Sees 8.6% Unemployment
By Craig Torres - 2011.11.02 11:32 AM

Federal Reserve officials lowered their outlook for U.S. economic growth in 2012 and forecast that unemployment will average from 8.5 percent to 8.7 percent in the final three months of next year.

CNNMoney: Consumers are scared? Really?

The Buzz
Consumers are scared? Really?
By Paul R. La Monica November 2, 2011: 1:17 PM ET


NEW YORK (CNNMoney) -- With all the worries about Europe being on the brink of financial disaster again and increased nervousness about the U.S. economy, you'd think consumers would be cowering in a closet in fear and stuffing their money in the mattress.

CNBC: Next Year Will Get Even Uglier for US Investors

Next Year Will Get Even Uglier for US Investors
Published: Wednesday, 2 Nov 2011 | 12:25 PM ET
By: Robert Holmes
Senior Writer

Individual investors will be up against political gridlock as the economy grows slowly next year, prospects that may damp stock-market gains even if Congress pushes through a trillion-dollar budget cut.

Bloomberg: U.S. Companies Add More-Than-Expected 110,000 Workers in October, ADP Says

U.S. Companies Add More-Than-Expected 110,000 Workers in October, ADP Says
By Shobhana Chandra - 2011.11.02 05:30 AM

Companies added workers in October, easing concern the job market is stagnating in the third year of the U.S. recovery, according to a private report based on payrolls.

Tuesday, November 1, 2011

Bloomberg: Oaktree Seeks $4 Billion for Fund as Distressed-Debt Opportunities Expand

Oaktree Seeks $4 Billion for Fund as Distressed-Debt Opportunities Expand
By Sabrina Willmer - 2011.11.01 05:00 PM

Oaktree Capital Management LP, the distressed-debt firm that was returning money to investors earlier this year, started marketing a new fund to take advantage of weakening economies in the U.S. and Europe.

S&P: Standard & Poor's Soon-To-Be Released Bank Ratings Criteria: Update And Related Rollout Plans

Standard & Poor's Soon-To-Be Released Bank Ratings Criteria: Update And Related Rollout Plans (00:07:57 min)

In this CreditMatters TV segment, Standard & Poor's Managing Directors Jay Dhru and Vandana Sharma discuss our views on the banking sector and how our soon-to-be released updated criteria will offer a robust framework for rating banks. And Managing Director Hans Wright provides an in-depth overview of our rollout plans for the criteria.