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Sick & Tired of Risk

What's your true level of risk today? No idea. But the least your fund manager, advisor or favorite financial columnist can do today is remember the lesson of 2007, and highlight the range of risks and possible fall-out which might lie ahead. Take inflation, for instance. Though small, the risk of currency devaluation and hyper-inflation in the developed West is still materially underpriced by gold bullion
East Timorese sit at a port during sunset in Dili

Travel Postcard: 48 Hours in Dili, East Timor

Dili is the capital of East Timor or Timor Leste, one of the world's newest nations, and is slowly beginning to attract tourists nearly nine years after gaining independence. Reuters correspondents with local knowledge help you get the most out of a short stay.
Google Doodle on Thomas Edison's 164th Birthday

Thomas Edison's Electric Bulb Lights on Google Doodle

For the first time, Google Inc. is celebrating American inventor Thomas Alva Edison's 164th birthday on February 11 with a new still moving doodle logo on its classic homepage featuring some of his best inventions.
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World Equities Fall, ECB Buys Portugal Debt

World stock markets fell hard on Thursday, with Hong Kong shares losing 2% and London's FTSE100 dropping 0.9% by lunchtime. Indian stock markets have lost more than $20 million per minute so far in 2011, the Economic Times reports, with billionaire Anil Ambani blaming vicious and illegal rumors.
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Cape Verdeans vote in parliamentary polls

Voters in Cape Verde cast their ballots in a parliamentary election on Sunday that is likely to be dominated by the two parties that have exchanged power over the last two decades in the island nation.

Euro rescue fund could be enlarged: Lagarde

Christine Lagarde, France’s finance minister, suggested that time may be near to increase the size of The European Financial Stability Facility (EFSF), the European Union’s financial bailout fund reserve.
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Portugal wants to cut layoff compensation by a third

The Portuguese government wants to cut the compensation companies must pay to fire workers by a third, as part of its drive to boost the economy's competitiveness, Labour Minister Helena Andre said on Monday.

Eurozone PMIs reveal solid start to the year

Factories in the euro area witnessed strong price increases in January while the services sector too posted better-than-expected growth, suggesting the eurozone has made a solid start to the year.

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