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EU postpones agreement on details of financial supervision
Luxembourg - European Union finance ministers Tuesday reached a broad agreement on the creation of a common financial supervision watchdog, but postponed tricky discussions on the details until a December summit amid ongoing concerns in Britain. In...

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[Posted on : 2009-10-20 ] Category : [ Finance (General) ]

Singapore will not allow 'fishing expeditions' to fight tax evasion
Singapore - Singapore Law Minister K Shanmugam on Tuesday said the city-state would not allow unwarranted financial investigations in the fight against cross-border tax evasion, even after it had implemented the international standard on tax informat...

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[Posted on : 2009-10-20 ] Category : [ Finance (General) ]

Europe's crisis-hit middle class 'turning to Red Cross' - Summary
Geneva - Europe's middle-classes are among the groups who previously did not require humanitarian assistance but are now turning to the Red Cross for help, a study released Monday said. The International Federation of the Red Cross and Red Crescent S...

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[Posted on : 2009-10-19 ] Category : [ Finance (General) ]

Red Cross: Europe's middle-class hard hit by economic crisis
Geneva - Europe's middle-class was among the groups who previously did not require humanitarian assistance now turning to the Red Cross for help, according to a study released Monday. The International Federation of the Red Cross and Red Crescent Soc...

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[Posted on : 2009-10-19 ] Category : [ Finance (General) ]

Hungarian bank cuts base rate to lowest level in three years
Budapest - Hungary's central bank lowered its base rate on Monday from 7.5 to 7 per cent, the lowest level in three years and the fourth 50-basis-point cut in as many months. The move, which was in line with market expectations, continues the Hungari...

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[Posted on : 2009-10-19 ] Category : [ Finance (General) ]

Sri Lanka probes arrested US stock market investor
Colombo – Sri Lanka is investigating the dealings of a hedge-fund manager who was arrested in the United States to ascertain whether he financed a prominent front organization of Tamil rebels, the Central Bank said Monday. Sri Lanka-born multi-billio...

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[Posted on : 2009-10-19 ] Category : [ Finance (General) ]

Austria to block Liechtenstein-EU tax 'transparency' deal
Vienna - Austria will threatening to veto a tax cooperation deal due to be signed between Liechtenstein and the European Union, the finance ministry in Vienna said Monday. Along with Luxembourg, Austria is opposed to the deal with Liechtenstein - to ...

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[Posted on : 2009-10-19 ] Category : [ Finance (General) ]

Havel slams Klaus for Lisbon Treaty demand
Prague - Former Czech president Vaclav Havel, an icon of Europe's anti-Communist resistance, slammed his successor and long-standing rival, President Vaclav Klaus, over his latest move to block ratification of the Lisbon Treaty. I do not want to get...

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[Posted on : 2009-10-15 ] Category : [ Finance (General) ]

China, Russia, Central Asian allies tackle crisis - Summary
Beijing - The prime ministers of China, Russia and four Central Asian nations on Wednesday promised closer cooperation to overcome the global financial crisis. The six nations had reached important consensus in deepening cooperation and...

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[Posted on : 2009-10-14 ] Category : [ Finance (General) ]

Bundesbank's Sarrazin dethroned for attacking Turkish, Arab migrants
Frankfurt - The German central bank, or Bundesbank, demoted outspoken board member Thilo Sarrazin on Tuesday, over his outspoken criticism last month of Turkish and Arab immigrants living in Germany. Sarrazin, 64, has lost his responsibility for the ...

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[Posted on : 2009-10-13 ] Category : [ Finance (General) ]

Jennifer Hudson's presidential performance

Police chief guilty of handling SJP docs

John Mayer wants more sex

England World Cup bid shaken as Richards resigns

Ban on Tehran daily over Baha'i temple picture lifted

Daimler belittles 'Hitler state car' discovery

'Cruel Britannia' report claims torture link with Pakistan - Summary

German Opel factories to stay open, GM chief says - Summary

Zimbabwe children, women's health declining sharply: UNICEF

Malta's former chief justice found guilty of bribery

Britons dominate International Emmy Awards

Norwegian group hopes to use osmosis to produce power

2010 World Cup to have elephantine carbon footprint

US economy grew 2.8 per cent in third quarter - Summary

Germany boosts aid to Afghanistan, Pakistan for 'good governance'

German girl, 16, jailed for foiled bid to massacre schoolmates

Britain's Queen Elizabeth tours Bermuda, Trinidad and Tobago

Peace talks 'as soon as possible' Westerwelle urges - Summary

EXTRA: US consumer confidence up slightly in November

Croatia arrests Slovenian man wanted for match-fixing