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On September 15th Ben Bernanke said that the recession is basically over in a statement that rang so loudly, the stock market shot up like a weed after a rainstorm. Well, it was just over half a percentage point for the Dow today, but up …

The Secretary of the United States Treasury, Timothy Geithner, said this weekend that the global recession seemed to be ‘losing force’ but that to come out of it strong the United States and China would need to institute major economic reforms to create a stronger …

Del Monte Produce said today that its first quarter profits were down 45%. The chairman and CEO Mohammad Abu-Gahzaleh said that the company suffered because of severe weather in the regions of Coasta Rica and Guatemala where its pineapple and banana production facilities and crops …

Even in a global recession as tough as what we’re currently seeing, there are still plenty of places around the world where price per square foot is unfathomable to most.

Number one on CNBC.com’s list is Monaco at $6,550 per square foot on average.
London – $3,670
New …

Oil has dipped even lower today amid fears of a global recession and demand taking a steep dive.
Like in my last post, I have said that so many jobs are being cut, and this would fall in the same category of ‘economic bad news.” At …