March 10, 2013
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France Postpones Austerity and Deficit Targets for Rest of 2013
By News DeskView original post here: France Postpones Austerity and Deficit Targets for Rest of 2013
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15 Year Old Kid Develops Foolproof Test for Pancreatic, Ovarian and Lung Cancer; Test Costs 3 Cents, Takes 5 Minutes Posted by Michael Shedlock at 11:14 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.
Link: What’s Next for Italy? No Working Government for 7 Months, Then Elections in September
The Markit Eurozone Composite PMI Final Data shows the Eurozone downturn accelerates . Key Points: Final Eurozone Composite Output Index: 47.9 (Flash 47.3, January 48.6) Final Eurozone Services Business Activity Index: 47.9 (Flash 47.3, January 48.6) At 47.9 in February, the Markit Eurozone PMI® Composite Output Index came in above the earlier flash estimate of 47.3 but remained down on January’s reading of 48.6. The index therefore signalled a steepening of the downturn in business activity, contrasting with the easing trend which had been evident in the three months to January
European bulls lauding the message “the worst is behind” received another dose of reality today. Data shows German car sales plunge as Europe’s auto crisis deepens . New car sales in Germany fell by more than 10 percent year-on-year in February, signaling the crisis for Europe’s auto makers is deepening as recession-hit consumers curb spending.