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By Emma Charlton and John Detrixhe, Bloomberg |
December 27, 2012
The euro strengthened to an almost eight-month high versus the dollar after French consumer confidence unexpectedly improved and Italian business sentiment climbed, underpinning demand for the region’s assets.
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By Zachary Tracer, Bloomberg |
December 10, 2012
American International Group Inc.’s rescue is coming to an end more than four years after the U.S. took over the company to save the global economy
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By Ian Katz |
December 3, 2012
Treasury Secretary Timothy Geithner's pragmatism amid the most recent financial crisis may offer clues to the solution that will ostensibly avoid the looming fiscal cliff.
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By Asjylyn Loder, Wes Goodman and Rita Nazareth, Bloomberg |
December 3, 2012
For the second time this year, stocks, bonds, commodities and the dollar posted monthly gains amid optimism central bank stimulus programs are bolstering growth in the world’s biggest economies.
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By John Detrixhe and Neal Armstrong, Bloomberg |
December 3, 2012
The euro rose to a six-week high versus the dollar as a Greek offer to spend as much as 10 billion euros ($13 billion) to buy back government securities eased concern the regions’ debt crisis is worsening.
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By Susanne Walker, Bloomberg |
November 29, 2012
Treasuries erased losses after Republican House Speaker John Boehner said “no substantive progress” has been made in talks to avert the so-called fiscal cliff, boosting demand for haven assets.
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By Noah Buhayar and Dakin Campbell, Bloomberg |
November 27, 2012
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon would be the best person to lead the U.S. Treasury Department in a financial crisis, billionaire investor Warren Buffett said.
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By Silla Brush |
November 17, 2012
The U.S. Treasury Department says forex swaps and forwards already have high levels of transparency and new regulations aren't needed.
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By Heidi Przybyla and Kathleen Hunter, Bloomberg |
November 16, 2012
House Speaker John Boehner offered a “framework” including new revenue to reduce the U.S. budget deficit during talks with President Barack Obama and Congress leaders on averting a year-end fiscal crisis.
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By Simon Kennedy and Flavia Krause-Jackson, Bloomberg |
November 5, 2012
Global finance chiefs pressed the U.S. to avoid harming the fragile world economy with excessive austerity, widening their focus on fiscal challenges beyond concerns over Europe’s debt woes.