Credit-Card Debt Falls in the U.S. but Rises in Brazil and China

Credit-card debt in the U.S. recorded the twenty-fourth straight monthly decline in August according to the Federal Reserve. Revolving credit-card debt fell $5.0 billion 0r 7.2% in August. As US consumers continue the process of balance-sheet de-leveraging, the outstanding credit-debt will decline further. However while the outstanding credit-card debt is declining in the U.S, it …

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Five Large Cap German Stocks To Consider

Among the European economies Germany has recovered strongly since the credit crisis ended. Much of the credit for this success can be attributed to the excellent policies implemented by the German government despite facing many pressures such as the bailout of Greece. The labor market continues to show improvement with the unemployment rate falling to …

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The 10 Most Profitable Australian Companies

The 10 most profitable publicly-listed Australian companies that appear in the Forbes Global 2000 list for 2010 are listed below: [TABLE=564] Westpac Banking Group(WBK),ANZ Banking (ANZBY), National Australia Bank (NABZY) and Commonwealth Bank of Australia(CMWAY) are in this list.Telstra Corp (TLSYY) currently pays over10% in dividends. Forbes listed mining giant BHP Billiton which made a …

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