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Dear Reader,

It's that time of the month again where we need to get ready for paying our web hosting company. Pathetic really how - in spite of the thousands of readers that visit this site every day - we struggle each month to raise even the funds needed for our dedicated server hosting package, leave alone hiring editorial staff to free up time for research and writing. So if you haven't already done so recently, go to the donations form underneath the red stop sign now and chip in with whatever you can spare: $5, $20, $50, $100 or more. Or better even, use the same form to set up a subscription. Something like $50 per year, $20 per quarter or $8 per month would be great.

Your Rebel Team

Global currency trade at $4tn a day

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Trade in global currency markets has increased by 20 percentage points over the past three years to a daily amount of $4 trillion a day, a major survey has shown.

The triennial report by the Bank for International Settlements (BIS) showed rapid growth in trading by hedge funds, insurance firms, central banks and other non-bank financial institutions, with the majority of business happening in London.

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Toyota to sell 5mn hybrids by 2015

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Toyota Motor Corp says it wants to nearly double sales of its gasoline-electric vehicles to reach cumulative sales of 5 million units by the middle of this decade.

The Japanese company, already the biggest player in the hybrid market, has a goal to sell one million hybrids annually in the first half of this decade, Reuters reported.

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OPEC basket crude falls by $1

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The price of OPEC basket of twelve crudes has dropped by more than $1 to reach below $70 a barrel, the OPEC Secretariat has announced.

OPEC basket crude prices on Tuesday fell by $1.24 to $69.69 a barrel on Tuesday.

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Keiser Report: Global Death Spiral

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In the 71st episode, Max Keiser and co-host, Stacy Herbert, look at death spirals and vanity trades in the global financial markets. In the second half of the show, Max talks to Richard Buchanan about his attempts to form a Facebook union.

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Global wheat supply forecast slashed

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The US Department of Agriculture (USDA) has sharply slashed its forecast for 2010-11 world wheat production after revising its crop outlook for Russia.

On Thursday, the USDA cut its forecast for global wheat output by 2.3% to 645.73 million tons. That is below recent estimates from the Food and Agriculture Organization (FAO), which saw the crop at 651 million tons, the Wall Street Journal reported.

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Oil prices plunge on demand fears

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Oil prices have sharply plunged for the third straight day amid fears on retuning global economic downturn and a decline in crude demand.

New York's light sweet oil for September delivery fell by $2.28 dollars to $75.74, while London's Brent North Sea crude slumped $2.12 to $75.52.

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Global shares plunge on recovery fears

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The stock markets across the world have sharply fallen over growing fears about the slowing of global economic recovery and troubling financial news.

Europe's main stock markets tumbled as bourses in London, Frankfurt and Paris opened quite depressed.

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