Paul Donovan News
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Global central bankers are poised to ease monetary policy even further after a wave of interest-rate cuts from India to Poland.
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The global economic recovery is the “worst in 70 years” as Europe’s debt problems persist and the U.S. struggles with low growth rates, said Paul Donovan , deputy head of global economics at UBS AG.
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Paul Donovan of UBS AG talks about the prospects of a euro-zone collapse and his investment strategy.
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Economists are raising forecasts for the number of jobs added by U.S. employers in December after a report yesterday showed the biggest jump in company payrolls since records began in 2001.
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Bank of Japan governor nominee Haruhiko Kuroda said that the central bank will consider buying derivatives if he’s confirmed as governor and signaled a readiness for a quick expansion in monetary stimulus.
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Lehman Brothers Holdings Inc. was sued for an “abuse” of repurchase agreements that effectively “looted” $450 million from a Bermuda reinsurance unit when the assets were pledged to the unit’s biggest lender.
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The world’s finance chiefs headed to the northern Canadian outpost of Iqaluit, just 195 miles south of the Arctic Circle, in February 2010.
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Paul Donovan, deputy head of global economics at UBS Investment Bank in London, talks with Bloomberg's Ken Prewitt and Tom Keene. For more ``Surveillance'' and ``On the Economy'' podcasts, please visit iAmplify.com.
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A judge rejected a Boston Scientific Corp. unit’s guilty plea to charges it hid defects in heart defibrillators, after some doctors and patients who received the devices complained about the deal.
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Global central banks went on the offensive against the faltering world economy, cutting interest rates and increasing bond buying as a round of international stimulus gathers pace.
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