AFP - Iceland and a group of EU countries have agreed on a negotiating framework to settle a banking row between the island and Britain over compensating savers, the government in Reykjavik said Sunday.
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WASHINGTON (AP) - Barack Obama isn't president yet, but his must-do list just got longer. The newest addition to the lengthy list of tasks after taking office: helping oversee the overhaul of the world's financial regulatory system.
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AFP - Iceland and a group of EU countries have agreed on a negotiating framework to settle a row over compensating British savers, the government in Rejkjavik said Sunday.
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By Jeremy Lemer, Fang Wang, Alan Beattie and Cleve Jones This weekend the leaders of the world’s largest economies will meet in Washington to discuss how to prevent a global depression and how to reform the global financial system.
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ALGIERS, Algeria (AP) - More oil output reductions aren't likely this month because OPEC members haven't yet fully enforced previous quotas and the organization needs more data before it reaches a decision, the cartel's president said Sunday.
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By Jeff Bliss Nov. 16 (Bloomberg) -- US automakers should not get $25 billion in proposed federal loans to save them from possible bankruptcy, Senator Richard Shelby, the top Republican on the Banking Committee, said.
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WASHINGTON, Nov 16 (Reuters) - A key Republican Senator said on Sunday it was "pretty clear" a $25 billion bailout proposal for US automakers will fail in the US Senate, while Democrats argued saving the industry was critical to the US economy.
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WASHINGTON--Prime Minister Taro Aso emphasized Saturday that Japan's proposal to boost the capital of the International Monetary Fund was reflected in the declaration issued at the end of a two-day meeting of the Group of 20 industrialized and ...
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DETROIT (Reuters) - US auto industry bankruptcies would have a devastating impact on the domestic economy, many times larger than the aid automakers seek, General Motors Corp (GM.
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