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Public Debt Risk Rising, Turbulent Year Ahead: Moody's Sovereign debt risk is rising globally, particularly in the United States and United Kingdom, which must outline plans to manage public debt or face ratings deterioration as soon as 2011, Moody's global head of sovereign ratings said on Monday. (tags: debt govt_spending) So Why Did Abu Dhabi … Read more

China to pass India as world's top gold market – GFMS | Business News | Reuters China will overtake India as the world's largest gold consumer in 2009, with total demand forecast at 432 tonnes as wealthy investors defy record bullion prices, metals consultancy GFMS said on Friday. (tags: gold China India)

SunPower's Accounting Troubles Shed Light on Falling Solar Prices – Forbes.com SunPower and other solar companies are feeling the heat of sharply dropping prices for solar panels and taking desperate steps to protect profits. (tags: solar SunPower earnings fraud) Jobless claims high and state fund nearly dry  | ajc.com Nearly as many Georgians filed new … Read more

Food Stamps Go to a Record 37.2 Million, USDA Says (Update2) – Bloomberg.com A record 37.2 million people, or about one out of every eight Americans, received food stamps in September, as the recession drove a surging jobless rate, according to a government report. (tags: govt_spending poverty food_stamps) A Low May Be Forming in Gold … Read more

Britain to Levy a One-Time Tax on Banker Bonuses – NYTimes.com The tax represents the most direct attack on bank bonuses anywhere in the world. All banks in Britain — including the London-based subsidiaries of foreign banks — will be affected, whether they took government bailout funds or not. (tags: United_Kingdom banks tax_policy) Australia's Rudd … Read more