Archive for  December 2012
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Major investors are preparing to dip their toes deeper into the turbulent waters of the euro zone in 2013. A year ago, investors were bracing for a possible collapse of the currency area, dumping bonds
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Investors turned to the relative safety of the US dollar on Friday as Washington's struggle to come up with a negotiated budget that averts spending cuts and tax increases took a turn for the worse,
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Key Euribor bank-to-bank lending rates edged higher on Friday after comments from a clutch of European Central Bank policymakers playing down the chances of another ECB rate cut. Joerg Asmussen, a member of the ECB's
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Currency speculators increased their bets against the US dollar in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net short position rose to
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Mexico's peso tumbled by the most in five months on Friday after US budget negotiations stalled and Brazil's real weakened despite efforts by the country's central bank to lift the currency. Brazil's real shed 0.52
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The Canadian dollar hit a more than two-week low against its US counterpart on Friday as hopes that a US budget deal would be reached before the new year dissipated and uninspiring domestic economic data
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Sexual assaults reported by students at the three US military academies jumped 23 percent in 2012, underscoring what Defence Secretary Leon Panetta said was a "persistent" problem that required a "strong and immediate response" from
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Tunisian Prime Minister Hamadi Jebali kicked off viewing on Saturday for an auction of thousands of luxury items once owned by ousted dictator Zine El Abidine Ali and his family. Jebali inspected 40 luxury cars,
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Kenyan Prime Minister Raila Odinga announced Saturday he would be running again for the presidency in the elections to be held in March next year. "I commit myself to the people of Kenya and the
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Federal prosecutors on Friday lost one opportunity to build a case against hedge fund manager Steven A. Cohen when a grand jury indicted one of Cohen's former employees on charges related to an insider trading
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