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Bank of Canadas surprise rate cut cements a weak Loonie in 2015

2015-01-21 17:23:34| Canadian Plastics Headlines

In what it calls insurance against the potentially destructive effects of the oil price collapse, the Bank of Canada (BoC) has announced a surprise quarter-percentage-point cut to its key interest rate. In its latest monetary policy forecast, the BoC cut… The post Bank of Canada’s surprise rate cut cements a weak Loonie in 2015 appeared first on Canadian Plastics.

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The rate of sea-level rise is far worse previously thought, study says

2015-01-16 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: Researchers have come up with a new and improved way of measuring the rise in the sea level, and the news is not good: The seas have risen dramatically faster over the last two decades than anyone had known. For hundreds of years, the seas were measured by more or less the equivalent of plopping a yard stick into the ocean and seeing if the ocean went up or down. But now, that method looks to be outdated. According to a new study published on Wednesday in Nature, the new method involves an...

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Real estate industry to gain most from RBI rate cut

2015-01-16 07:59:08| Real Estate - Topix.net

Being a rate-sensitive sector, realty has been under stress over the last couple of years as high rates kept home buyers away. The real estate industry is set to be the clear gainer from the surprise cut in repo rate by the Reserve Bank of India .

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VIDEO: Stocks surge on India rate cut

2015-01-16 07:00:59| BBC News | Business | UK Edition

Stocks surged yesterday after the Reserve Bank of India surprised the market with a rate cut.

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India in surprise interest rate cut

2015-01-15 07:32:57| BBC News | Business | UK Edition

India's central bank makes a surprise move to cut its interest rate to 7.75%, after lower-than-expected inflation figures.

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