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Asian Stocks Gain as Obama Wins Presidency; Treasuries Drop (Bloomberg) Nov. 5 (Bloomberg) -- Asian stocks gained, lifting the benchmark index to a three-week high, as Barack Obama beat John McCain for the U.S. presidency. Treasuries declined.
Asian Stocks Gain as Obama Wins Presidency; Treasuries Drop (Bloomberg) Nov. 5 (Bloomberg) -- Asian stocks gained as Barack Obama's presidential victory sparked optimism his spending plans will help the economy recover from the credit crisis. The dollar rose and treasuries declined.
Economy watch: Local businesses feel pinch from poor economy (Cleveland Jewish News) Headlines are scary: Record plunges in the stock markets. Banks freezing credit. Venerable investment and insurance companies bankrupt. Foreclosure and unemployment rates soaring.
Alaska voters approve goody bag of road projects (Fairbanks Daily News-Miner) ANCHORAGE -- More highway improvements, bridge repairs and new traffic intersections are in store after voters agreed to use general obligation bonds to pay for the projects.
Voters to decide on goody bag of road projects (KTVA Anchorage) ANCHORAGE, Alaska (AP) - More highway improvements, bridge repairs and new traffic intersections could be in store if voters agree to use general obligation bonds to pay for the projects.
German Measures Planned to Boost Economy: Main Points (Update1) (Bloomberg) Nov. 5 (Bloomberg) -- The German Cabinet meets in Berlin today to seal plans for a two-year program of incentives and investment aimed at providing a 50 billion-euro ($65 billion) boost to the slowing economy hit by the global credit freeze.
Tremendous economic problems await Obama (McClatchy Newspapers via Yahoo! News) WASHINGTON ? Campaigning about the economy may prove easier than managing it. Beyond inheriting a global financial crisis, President-elect Barack Obama faces the challenge of reversing mounting job losses, halting an economic downturn and navigating pressure from abroad for a new architecture to govern the global economic system, long dominated by the United States.
Alabama School Districts Feel the Economic Pinch as Tax Revenues Decline (New York Times) Schools in Alabama are getting hit hard by falling tax receipts, an early warning of the vulnerability of poor states during the economic downturn.
Drooping turbine blades on Kingsley hydro are risky, expensive problem (Kearney Hub) HOLDREGE ? Kingsley Hydro repairs costing an estimated $800,000 have been added to the proposed 2009 budget for Central Nebraska Public Power and Irrigation District.
Obama May Not Wait for Inauguration to Put His Stamp on Economy (Bloomberg via Yahoo! News) Nov. 5 (Bloomberg) -- Barack Obama will transform a U.S. economy reeling from the worst financial crisis since the Great Depression -- and he may not wait until Inauguration Day to get started.
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