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	<title>financial news &#187; Barack Obama</title>
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	<link>http://www.financial-news.org.uk</link>
	<description>Bringing you all the news on the current credit crises</description>
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		<title>For Greece read Britain.</title>
		<link>http://www.financial-news.org.uk/for-greece-read-britain/</link>
		<comments>http://www.financial-news.org.uk/for-greece-read-britain/#comments</comments>
		<pubDate>Wed, 03 Mar 2010 16:52:42 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1694</guid>
		<description><![CDATA[
According to a recent statement from the Office for National Statistics, the state of public finances in the UK, are even worse than that of Greece. The latest figures on government borrowing show that in January there was a net shortfall of &#163;4.3 billion, which is much higher than even the most pessimistic of forecasts. [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1694</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Brown not to blame for Europe&#8217;s financial woes</title>
		<link>http://www.financial-news.org.uk/brown-not-to-blame-for-europes-financial-woes/</link>
		<comments>http://www.financial-news.org.uk/brown-not-to-blame-for-europes-financial-woes/#comments</comments>
		<pubDate>Tue, 16 Feb 2010 15:54:37 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1676</guid>
		<description><![CDATA[
Blame can be attached to UK Prime Minister Gordon Brown for many of the nation&#8217;s financial woes, rightly or not. On one fact, however, there is a consensus. That he had the foresight to keep the UK out of the euro. The recent financial crisis has shown that the structural weakness of the eurozone, which [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1676</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>UK property prices to increase by twenty percent by 2014.</title>
		<link>http://www.financial-news.org.uk/uk-property-prices-to-increase-by-twenty-percent-by-2014/</link>
		<comments>http://www.financial-news.org.uk/uk-property-prices-to-increase-by-twenty-percent-by-2014/#comments</comments>
		<pubDate>Thu, 04 Feb 2010 15:41:35 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/uk-property-prices-to-increase-by-twenty-percent-by-2014/</guid>
		<description><![CDATA[
According to a recent report by the Centre for Economics and Business Research (CEBR) UK house prices are liable to rise by about a fifth in the next four years. The forces that will push property prices up are increased lending levels by the banks and interest rates remaining at a low level.
Home values will [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/uk</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Myners rules out the Obama way for UK banks</title>
		<link>http://www.financial-news.org.uk/myners-rules-out-the-obama-way-for-uk-banks/</link>
		<comments>http://www.financial-news.org.uk/myners-rules-out-the-obama-way-for-uk-banks/#comments</comments>
		<pubDate>Mon, 25 Jan 2010 10:14:19 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/myners-rules-out-the-obama-way-for-uk-banks/</guid>
		<description><![CDATA[
City minister Lord Myners, in a recent speech played down suggestions that Britain might follow in US President Barack Obama&#8217;s footsteps in introducing radical reforms to the UK banking system.
Myners stated that the UK had already taken sufficient measures to address the problems in its banking industry.
&#34;President Obama came out with a solution to the [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/myners</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>British banks don&#8217;t escape Obama&#8217;s glare.</title>
		<link>http://www.financial-news.org.uk/british-banks-dont-escape-obamas-glare/</link>
		<comments>http://www.financial-news.org.uk/british-banks-dont-escape-obamas-glare/#comments</comments>
		<pubDate>Tue, 19 Jan 2010 16:54:59 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1654</guid>
		<description><![CDATA[
U.S. President Barack Obama has celebrated his first year in office by showing a more brittle side to his personality, and in recent statements has been particularly vehement in his comments regarding the US banking system. Obama has stated his intention to raise legislation that would force around 50 banks, insurance companies and large broker-dealers [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1654</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Myners backs the banks.</title>
		<link>http://www.financial-news.org.uk/myners-backs-the-banks/</link>
		<comments>http://www.financial-news.org.uk/myners-backs-the-banks/#comments</comments>
		<pubDate>Fri, 15 Jan 2010 14:17:35 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1652</guid>
		<description><![CDATA[
City Minister Lord Myners said he recognized the need for state-backed banks to compete in the global market, as he signaled the government would not block them from paying large bonuses to staff. Lord Myners told the Scottish affairs committee on Wednesday it was important the Royal Bank of Scotland was able to recruit and [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1652</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>UK retailing and financial sectors optimistic about 2010.</title>
		<link>http://www.financial-news.org.uk/uk-retailing-and-financial-sectors-optimistic-about-2010/</link>
		<comments>http://www.financial-news.org.uk/uk-retailing-and-financial-sectors-optimistic-about-2010/#comments</comments>
		<pubDate>Wed, 13 Jan 2010 11:50:11 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1650</guid>
		<description><![CDATA[
According to a recent survey conducted by the Confederation for British Industry (CBI), around a third of the UK financial services companies were said to be more optimistic about their situation and that of the sector in general. This makes for the third consecutive quarter that confidence has risen in the financial services industry, making [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1650</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Darling still not blinking on banks.</title>
		<link>http://www.financial-news.org.uk/darling-still-not-blinking-on-banks/</link>
		<comments>http://www.financial-news.org.uk/darling-still-not-blinking-on-banks/#comments</comments>
		<pubDate>Wed, 16 Dec 2009 16:16:19 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1622</guid>
		<description><![CDATA[
Despite threats from major banking groups that they will move key staff abroad, the signs are that Alistair Darling has no intention of watering down his plans to levy a 50 percent super tax on bank bonuses. Apparently the Financial Services Authority (FSA) has already spoken to several smaller banks telling them that they will [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1622</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>UK businesses sweating at the thought of a postal strike.</title>
		<link>http://www.financial-news.org.uk/uk-businesses-sweating-at-the-thought-of-a-postal-strike/</link>
		<comments>http://www.financial-news.org.uk/uk-businesses-sweating-at-the-thought-of-a-postal-strike/#comments</comments>
		<pubDate>Mon, 12 Oct 2009 09:16:00 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[postal strike]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1519</guid>
		<description><![CDATA[
The announcement made before the weekend that that 121,000 Royal Mail staff had voted overwhelmingly for national strikes over jobs, pay and working conditions had UK business owners and managers in a sweat. Companies fear that national action, on top of the regional strikes that have been taking place over the past three months, will [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1519</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Is the end near for the dollar? (As the global staple currency)</title>
		<link>http://www.financial-news.org.uk/is-the-end-near-for-the-dollar-as-the-global-staple-currency/</link>
		<comments>http://www.financial-news.org.uk/is-the-end-near-for-the-dollar-as-the-global-staple-currency/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 11:10:08 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1509</guid>
		<description><![CDATA[
Rumour has it that meetings have been taking places in countries with emerging economies such as India, China, and Brazil along with some of the current key players in the global economy, particularly certain Gulf States as well as Japan and Russia. These clandestine meetings are being held in the offices of finance ministers and [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1509</wfw:commentRss>
		<slash:comments>1</slash:comments>
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