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US auto suppliers to get 5 billion dollars from government

US auto suppliers to get 5 billion dollars from government Washington - US auto suppliers could get up to 5 billion dollars in US government aid as they struggle to survive the recession.

The announcement on Thursday by the Treasury Department indicated that suppliers would get a guarantee that money owed them by the major car companies for products would be paid, Bloomberg financial news service reported.

Treasury Bond Daily Commentary for 3.20.09

The 30 Year T-Bond futures are leveling off following Wednesday's fundamental gains in reaction to the Fed's decision to implement quantitative easing. The profit-taking is reflected across the 5 and 10 Year Notes as well.

However, such a large move should have its ramifications, and we would not be surprised to see the U. S. Treasuries continue on their upward path for the near-term. However, the question becomes whether the 30 Year futures can climb past the drudges of the January trading range to get back to making comfortable gains.

S&P Daily Commentary for 3.20.09

Even though all of the equity correlations are indicating a furious rally in the S&P futures, investors are debating whether to send the index past the highly psychological 800 level.

Investors are still digesting Wednesday's huge move from the Federal Reserve, and are uncertain whether it spells recovery or pending disaster for the U. S. economy. Financials are trading down for the most part while technologies rally.

The largest concern for investors is that the quantitative easing will result in hyperinflation, or higher prices coupled with a withering economy. The Dollar has weakened significantly across the board while commodities such as gold, grains, and crude are rising.

British police warn of "challenge" from large G20 protests

British police warn of "challenge" from large G20 protestsLondon - British police face an "unprecedented challenge" from protest groups planning to disrupt the summit of Group of 20 (G20) leaders in London early next month, the officer in charge said Friday.

Commander Bob Broadhurst said 2,500 officers would be deployed to stop environmental and anarchist protestors from bringing the centre of London to a "standstill," as they had vowed to do.

The police operation was expected to cost up to 10 million pounds (14.4 million dollars), he predicted.

Schlierenzauer rewrites the record books again with 13th win

Schlierenzauer rewrites the record books again with 13th winPlanica, Slovenia  - Gregor Schlierenzauer claimed a record 13th season victory and broke the 2,000-points barrier in the ski-jumping World Cup when he led the way on the world's largest flying hill.

The Austrian Schlierenzauer soared 203 metres in a wind-marred competition which saw only one round of jumping due to the difficult conditions, pipping Poland's Adam Malysz for first place.

New York judge denies release for Madoff

New York judge denies release for MadoffNew York - Financier Bernard Madoff will have to sit in jail while waiting for his sentencing after pleading guilty to a massive scam that bilked billions of dollars from thousands of investors, US media reported.

An appellate court in New York upheld a judge's previous ruling that Madoff should not be released pending his June 16 sentencing because he has the financial means to flee, MSNBC reported.

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