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Americas
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Written by Robert Fisk, The Independent
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Wednesday, 07 October 2009 10:09 |
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In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. |
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Americas
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Written by Reuters
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Friday, 25 September 2009 13:40 |
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NEW YORK, Sept 24 (Reuters) - The Federal Reserve bought $23.025 billion net of agency mortgage-backed securities in the latest week, the New York Fed said on its website on Thursday. |
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Eurasia
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Written by Yu-huay Sun, Bloomberg
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Friday, 25 September 2009 13:34 |
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Sept. 24 (Bloomberg) -- Taiwan’s central bank urged lenders to reduce their bets against the U.S. dollar after the island’s currency reached a three-month high, according to traders at foreign banks. |
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Americas
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Written by Andre Soliani, Bloomberg
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Friday, 25 September 2009 13:31 |
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Sept. 25 (Bloomberg) -- Brazil’s central bank forecasts faster inflation in Latin America’s biggest economy over the next two years, prompting traders to bet the benchmark interest rate may be raised as early as January. |
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Americas
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Written by Scott Lanman and Robert Schmidt, Bloomberg
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Friday, 25 September 2009 13:23 |
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Sept. 24 (Bloomberg) -- The Federal Reserve and U.S. Treasury said they’re scaling back emergency programs aimed at combating the financial crisis, reducing support for firms that now have an easier time getting funding. |
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Eurasia
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Written by Yelena Fabrichnaya and Toni Vorobyova (Reuters)
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Friday, 11 September 2009 15:24 |
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MOSCOW (Reuters) - Russia's central bank could in theory reduce its benchmark interest rate by a further 100 basis points before the end of the year, first deputy chairman Alexei Ulyukayev told Reuters on Friday. |
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Africa
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Written by Reuters
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Tuesday, 04 August 2009 07:41 |
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LAGOS, July 31 (Reuters) - Nigeria's Guaranty Trust Bank (GTB.LG) will seek approval for a 200 billion naira ($1.3 billion) debt issue at an extraordinary general meeting on Aug. 27, it said in a notice published on Friday. |
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Miscellaneous
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Written by Reuters
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Friday, 25 September 2009 13:28 |
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NEW YORK (Reuters) - Ambac Financial Group (ABK.N), Bank of America (BAC.N) and Germany's central bank are among new entities claiming assets against Lehman Brothers (LEHMQ.PK) after banks and investors worldwide took losses to the largest bankruptcy in U.S. history. |
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Miscellaneous
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Written by RTT Staff Writer
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Friday, 11 September 2009 15:29 |
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(RTTNews) - During early Asian deals on Friday, the US dollar plunged to a 7-month low against the Japanese yen and 1-month low versus the British pound. The dollar also edged down against the European currency and the Swiss franc. |
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Americas
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Written by Reuters
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Friday, 11 September 2009 15:22 |
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SAO PAULO, Sept 11 (Reuters) - Brazil's central bank offered to buy dollars on the spot foreign exchange market on Friday as part of an ongoing effort to boost international reserves and absorb greenbacks pouring into the economy. |
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Africa
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Written by Helen Nyambura-Mwaura - Reuters
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Tuesday, 04 August 2009 07:38 |
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NAIROBI (Reuters) - Kenyan commercial bank lending rates will come down following a Monetary Policy Committee decision to cut a key rate and reduce the amount of cash that banks need to hold, the central bank governor said on Monday. |
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Americas
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Written by Helen Murphy and Alexander Cuadros, Bloomberg
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Friday, 25 September 2009 13:26 |
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Sept. 25 (Bloomberg) -- Colombia’s central bank will probably keep its benchmark interest rate unchanged for a third month as the economy shows signs of recovery and inflation remains below policy makers’ target. |
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Americas
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Written by Alex Emery, Bloomberg
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Friday, 11 September 2009 15:27 |
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Sept. 10 (Bloomberg) -- Peru’s central bank kept its benchmark lending rate at a record low as policy makers wait for signs of a sustained economic recovery following seven consecutive cuts in borrowing costs earlier this year. |
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Eurasia
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Written by Bloomberg News
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Friday, 11 September 2009 15:18 |
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Sept. 12 (Bloomberg) -- China’s expansion strengthened in August as industrial production, lending and retail sales exceeded forecasts, reinforcing a global recovery from the deepest recession since World War II. |
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Americas
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Written by Ari Levy and Margaret Chadbourn - Bloomberg
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Tuesday, 04 August 2009 07:36 |
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Aug. 1 (Bloomberg) -- Banks in New Jersey, Ohio, Florida, Oklahoma and Illinois were shut, pushing the toll of failed U.S. lenders to 69 this year, amid a 26-year high in unemployment and the worst economic slump since the Great Depression. |
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