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...report, released on Wednesday by the Center for Audit Quality in Washington, is based on a late-summer survey of 1,000 individual investors who had at least $10,000 invested in the market. A majority of investors - 73% of those surveyed - have either some, quite a bit, or a great deal of confidence in the capital markets. That's up from 70% from a year ago, but still below confidence levels of 84% in 2007. (See 10 things to buy during the recession...
...country has not been immune from the turmoil of extremist violence. As recently as July, bombers attacked two luxury hotels in Jakarta, killing at least nine and injuring over...
...might vote for reform, has offered an amendment that calls for a public option to kick in down the line only if private insurers don't do enough to offer affordable health-insurance choices. According to the text of her amendment, a public option would be offered if at least two private insurers didn't offer plans that met affordability requirements for at least 95% of residents in a given state. Affordability is defined as premiums costing no more than 13% of adjusted gross income for those earning more than 300% of the federal poverty line (or around...
...that early talk gave Iran time to prepare for new sanctions. Earlier this year, it began importing far more than it was using. Intelligence consultancy Stratfor noted last week that Iran has probably stockpiled at least three months' worth of gasoline. The National Iranian Oil Refining and Distribution Co. estimates that the country has some 15.7 million bbl. of gasoline - about four months' worth - stockpiled in tankers on land and off its Persian Gulf coast. After BP and Reliance halted exports to Iran, Chinese state-owned oil companies filled the gap, supplying about one-third of Iran's gasoline imports...
Brazil may be justifiably annoyed with Chávez, but perhaps it shouldn't look so surprised. In recent years the South American powerhouse has been recognized as the first real counterweight to the U.S. in the western hemisphere - and that means, at least in the minds of other countries in the Americas, taking a larger and more proactive part in helping solve New World political dysfunction like Honduras'. Lula and Obama are buddies and left-of-center soul mates, but when Obama said last month that those who question his resolve in Honduras were being hypocritical because they...