Indi bank and Dubai debacle

The article from CNBC regarding the foreign banks exposure to UAE lists Bank of Baroda, an Indian bank with an exposure of $1.78 billion as of 2008 (very likely that this has figure has gone up).

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Banks With The Biggest Exposure to The UAE - Financials * US * News * Story - CNBC.com

In continuation to my article on Dubai Debacle posted on newswine...this article from cnbc is worth reading...gives info on how banks from various countries have exposure in dubai...

Dubai Debacle

Last week Dubai said it would delay payment on billions of dollars of its $80 billion debt, moving global markets downwards and fearing investors of another financial crisis.

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Mystery surrounds Michael Jackson's sudden death

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Tech rally and oil's fall drive Wall Street's gains

By Caroline Valetkevitch NEW YORK (Reuters) - Stocks rose on Monday as the introduction of a faster BlackBerry spurred optimism about business spending on technology, while cooling oil prices eased inflation concerns. Research in Motion Ltd...

California man losing nine homes in mortgage mess

By Dan Whitcomb LOS ANGELES (Reuters) - A California man who has defaulted on nine homes and expects banks to foreclose on all of them, forcing him into bankruptcy, says he now considers it a mistake to have invested in the real estate...

World begins to smart from oil's too rapid rise

By Barbara Lewis and Peg Mackey - Analysis LONDON (Reuters) - From the poorest of Africa to the United States and big business, a breakneck rally that could take oil to $200 a barrel is likely to inflict pain on everyone. The world was remarkably...

NDTV.com: YouTube launches its Indian site

NDTV.com: First phase of polling underway in Karnataka

Karnataka goes for the first phase of elections today with 11 districts. Second and third phase to happen on May 16th and May 22nd respectively.

U.S. crude sets record high of $125.98 a barrel

LONDON (Reuters) - U.S. crude oil futures rose to a fresh record high of $125.98 a barrel on Friday. They were trading $2.11 higher at $125.80 by 7:09 a.m. EDT. (Reporting by Ikuko Kao)

Oil falls $1 after OPEC statement

By Margaret Orgill LONDON (Reuters) - Oil dropped over $1 on Thursday after a statement from OPEC said supply was sufficient and a shipping source said Saudi Arabia planned to raise spot market oil exports to the United States this month. Secretary...

Oil touches its all time high!

The rally in the crude oil prices today touched an all time high of USD 120 per barrel. Crude oil prices have been moving northwards since 2004 and have more than doubled since then.

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No party for this birthday: Spam turns 30

Very true indeed. The number of spam mails that land in a mail box has increased significantly in the last four - five years, and these mails not only occupy space, but carry malacious code that can steal information from your system/network and even affect the system performance.

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Amit Bulbule

Articles Posted: 3
Links Seeded: 11
Member Since: 5/2008Last Seen: 1/27/2012

how much is the correlation between news and market performance?? I hope to get closer to know this one day!

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