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Tuesday, May 1, 2012

Financial News 05/01/2012

BI: Austerity and liquidity combination to bring stagflation
CNBC: 43 states have modified or scaled back pension plans since 2009
Reuters: U.S. economic strength reflected in low dollar valuation
Occupy: May day strikes and protests planned by Occupy movement
• CNNMoney: SEC removal of $1 per share money market value not safe
• Bloomberg: Bonds provided a .7% return in April on economic concerns
NYT: Italian counterfeiters have high rate of recidivism with slow justice
RT: Increased BRIC nation fund pledges not certain to sway IMF
AP: Workers across Asia protesting low wages on "May Day"
BBC: Australia cuts key lending rate by 50 basis points on slow growth

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