US growth estimate revised down to 2.7%.

The US economy grew at an annual rate of 2.7% in the first three months of 2010, slower than previously estimated.

The Commerce Department had previously estimated growth at 3% versus the same period in 2009.

The new figure is disappointing as it is only the third quarter since the US economy stopped contracting, and in past recoveries growth has been faster.

Markets took the news in their stride, with the dollar little-changed, and New York shares opening slightly up.

Business investment and consumer spending – important components of GDP – were both revised down.

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Google in ‘new approach’ on China .

Google has announced a “new approach” in its ongoing battle with China over censorship.

Until recently, the firm automatically redirected Chinese users to its unfiltered search site in Hong Kong to get round censorship issues.

Google has said it will now stop this after Beijing warned it could lose its licence to operate in the country.

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Gold Futures Market Facts .

For various reasons, trading futures contracts in the market have been popular for gold investors. Gold in can act as a hedge against inflation-it is, in fact a rare precious metal, and it has played as article of currency, for hundreds of years. As well as being a mark of wealth.

The metal offers high resistances to corrosion by oxygen and moisture and has thermal and electrical conductive qualities. Tests for its presence include the application of nitric acid. And it is normally alloyed for the sake of practical hardening.

Present applications are in electronics and circuitry (particularly for cables, electronic contacts, and computers, spacecraft and jets) and restorative dentistry as well as with other medical fields. Future applications have been targeted with fuel cells, cancer research (nanoparticle scale) and pollution control.

World production: There are approximately 400 mines with most of the production coming from South Africa. Recently in 2007, China took the lead production exceeding this estimate. Other producing countries include Australia, Russia and Peru while the U.S. country states of Nevada & South Dakota TEND to supply most of the United States.

More than half of the demand for gold is found primarily among the countries of Turkey, China, the United States, India and Italy.

There are speculations for its abundance in the ocean waters – overall, at about 1 to 2 parts per billion occurrences 10th Economical methods of extraction have been attempted but have not been not feasibly been demonstrated.

Gold futures trading at the COMEX which is merged with the NYME – New York Mercantile Exchange in 1994 as a commodity futures exchange – gold is traded at CBOT – Chicago Board of Trade.

In addition to trading gold futures, alternate investment vehicles include bullion, coins and mining companies.

For various reasons, trading futures contracts in the market have been popular for gold investors. Gold in can act as a hedge against inflation-it is, in fact a rare precious metal, and it has played as article of currency, for hundreds of years. As well as being a mark of wealth.

The metal offers high resistances to corrosion by oxygen and moisture and has thermal and electrical conductive qualities. Tests for its presence include the application of nitric acid. And it is normally alloyed for the sake of practical hardening.

Present applications are in electronics and circuitry (particularly for cables, electronic contacts, and computers, spacecraft and jets) and restorative dentistry as well as with other medical fields. Future applications have been targeted with fuel cells, cancer research (nanoparticle scale) and pollution control.

World production: There are approximately 400 mines with most of the production coming from South Africa. Recently in 2007, China took the lead production exceeding this estimate. Other producing countries include Australia, Russia and Peru while the U.S. country states of Nevada & South Dakota TEND to supply most of the United States.

More than half of the demand for gold is found primarily among the countries of Turkey, China, the United States, India and Italy.

There are speculations for its abundance in the ocean waters – overall, at about 1 to 2 parts per billion occurrences 10th Economical methods of extraction have been attempted but have not been not feasibly been demonstrated.

Gold futures trading at the COMEX which is merged with the NYME – New York Mercantile Exchange in 1994 as a commodity futures exchange – gold is traded at CBOT – Chicago Board of Trade.

In addition to trading gold futures, alternate investment vehicles include bullion, coins and mining companies.

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