Posts Tagged ‘Observers’

Julia Gillard: From union official to Australian prime minister

(CNN) — Julia Gillard has become Australia’s first female prime minister after the ruling Labor Party removed former PM Kevin Rudd. CNN’s Stan Grant provided a background on the 48-year-ancient lawyer. Q: First of all, who is Julia Gillard? CNN: Gillard was born in Wales.

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Inland Western and Inland American REIT In Trouble

With $1.4 billion of debt maturing in the second half of 2009, observers expected Inland Western Retail Real Estate Trust to cut its dividend to conserve cash to help refinance this debt. This nonlisted REIT had been paying an annualized dividend of $0.64 per share which translates to a 6.4% yield based on the price ($10) at which the company sold shares in its public offerings.

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Economists predict W-shaped recovery

Many economists reckon the economic recovery will be “W shaped,” meaning the economy might go up and down before resuming a course of growth. Most recoveries since the 1940s have been V shaped. This time, the Federal Reserve and other central banks have been injecting trillions of dollars into the global economy, meaning a sharp rise in inflation could fuel a bouncy ride ahead, observers said.more athttp://www.newsweek.com/id/199164

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