Browsing Category News
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Palestinian Authority’s reliance on US to be stretched
For several months, measures to reduce aid to the Palestinian Authority have been on the minds of many lawmakers in the United States. In August, the measures were actually impleme... -
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Syria and Turkey continue at loggerheads
While there has been a degree of strain in relations between Syria and Turkey for decades, recent events have created additional stress on an already tenuous relationship. Thanks t... -
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Grand US deficit-cutting effort ends with whimper
The Republican and Democratic leaders of a 12-member congressional “super committee” are set to declare defeat in a joint statement to be released after three months of talks f... -
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German unemployment rockets
For the first time since 2009, unemployment in Germany is on the increase. While the increase was minimal, the upward shift was enough to raise concerns about what will happen in t... -
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Abdel Rahim al-Keeb and the new Libya
On October 31, Libya gained a new interim president that has proven to be a surprise for those watching the elections. Dr. Abel Rahim al-Keeb, a 61-year old professional with a bac... -
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Kyrgyzstan may close Bishkek, worries abound for trade opportunities
Newly elected president of Kyrgyzstan, Almazbek Atambayev, has made it clear that there is no desire to renew the lease on the US military base located in Bishnek when it expires i... -
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Virgin Money buys Northern Rock for £747m
Northern Rock, the nationalised British bank, has become on Thursday the first bailed out lender in the UK to be sold back to the private sector, according to the treasury. The Bri... -
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Shell exits Kurdistan talks to protect $17bn Iraq deal
Royal Dutch Shell has allegedly withdrawn from oil development talks with the Kurdistan regional government in an attempt to protect its southern Iraq investments, according to the... -
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Eurozone growth lagging behind
Growth in Europe almost came to a halt in the 3Q11 with a weak 0.2 percent increase, the same pace as in 2Q11, according to data released by Eurostat late on Tuesday. GDP growth wa... -
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UBS names Ermotti CEO
UBS on Tuesday confirmed Swiss-national Sergio Ermotti as permanent CEO with immediate effect. The appointment comes just two months after Ermotti was named interim CEO when Oswald...
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