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This is the best piece of news I have heard in a while. Wal Mart has reported that it will be opening about 150 new or expanded stores in 2009. It will thus hire about 22,000 people for new positions.

Oil prices, one of the key indicators of which way the world economy is moving, moved aggressively upwards this week. Close to $70 a barrel, oil now costs almost twice of what it did in February.

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