Canadian dollar climbs after Bernanke remarks

Friday, July 15, 2011

Thursday, July 14, 2011 | 02:28 PM EDT by Andrew VaysThe Canadian dollar gained in strength Wednesday against the U.S. dollar after U.S. Federal Reserve Chair Ben Bernanke suggested additional monetary stimulus might ensue, Reuters reports. A report released...
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8 banks fail Europe's stress test

By Colin Barr July 15, 2011: 12:06 PM ETEuropean regulators said 8 banks will need 2.5 billion euros ($3.5 billion) to survive a serious downturn, and that 16 other lenders passed but should raise more money.Of the failing banks...
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UN political chief to focus on transition process during visits to Egypt and Tunisia

Under-Secretary-General B. Lynn Pascoe15 July 2011 – The United Nations political chief is set to visit Egypt and Tunisia for discussions on how the world body can assist with the democratic transitions under way in the two North African nations...
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UN and national police launch anti-crime operation in Haitian capital

MINUSTAH peacekeepers stand guard in Citi Soleil15 July 2011 – The United Nations and the Haitian National Police (HNP) have launched a joint security operation to crack down on criminal activity in key areas of the capital, Port-au-Prince.“Operation...
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Obama renews push for grand bargain on debt

By Alan Silverleib and Tom Cohen, CNN July 15, 2011 -- Updated 1724 GMT (0124 HKT) Washington (CNN) -- President Barack Obama said Friday he has not given up hope for a broad deficit reduction deal, urging Republicans to accept a fiscal stability package...
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Groundhog Day: An Oil Giant Spins a Spill

Thursday, July 7, 2011

 Posted by Tara Thean Thursday, July 7, 2011 at 5:00 am An emergency response crew clean up an oil spill with an absorbent boom along the Yellowstone River in Laurel, Montana, July 5, 2011. An Exxon Mobil pipeline ruptured on Friday night about...
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TSX up as oil prices rise, U.S. jobs data impresses

The Toronto Stock Exchange was up early Thursday after some positive U.S. jobs data and a surge in oil prices. Shortly after trading started, the S&P/TSX composite index was up 61.38 points, or 0.46%, to 13,464.48. Among the data coming from the...
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Australia has world-cost cities

 Simon Johanson July 8, 2011 Sydney and Melbourne rank as the sixth and seventh most expensive cities in the world. Photo: James AlcockRISING living costs and a surging Australian dollar mean it is now more expensive to live in Melbourne, Sydney,...
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UN reports progress towards poverty alleviation, urges increased support for the poorest

 7 July 2011 – Some of the world’s poorest countries have made impressive gains in the fight against poverty, but the least developed countries still lag in efforts to improve living standards, the United Nations said today in a report showing significant...
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New UN report calls for end to injustices faced by millions of women worldwide

Executive Director of UN Women Michelle Bachelet addresses news conference at UN Headquarters6 July 2011 – Millions of women worldwide continue to experience injustice, violence and inequality in their homes, the workplace and public life, according...
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World cereal prices drop slightly but still steeply higher than last year – UN

  7 July 2011 – Cereal prices dropped slightly in the world markets in June, but were still 71 per cent higher than a year ago, with the fall attributable to improved weather conditions in Europe and the lifting of Russia’s export ban, the United...
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Mass rapes in DR Congo could be crimes against humanity – UN report

  Poster in Goma, eastern DRC, warning of the penalties for rape6 July 2011 – The rapes of hundreds of people in eastern Democratic Republic of the Congo (DRC) last year could be considered crimes against humanity and war crimes, according to a...
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Ban inaugurates modern UN communications hub in Valencia, Spain

 Secretary-General Ban Ki-moon (centre) and Crown Prince Felipe of Spain inaugurate the UN Support Base in Valencia. Mrs. Ban is at right6 July 2011 – Secretary-General Ban Ki-moon today inaugurated a new United Nations information and telecommunications...
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Uh oh: GM backlog looking a lot like 2008

Tuesday, July 5, 2011

“Is GM falling into old, bad habits?” asked one industry analyst when the backlog data for General Motors was made public yesterday. The bailed-out automaker now has a growing inventory in its truck lines of 122 days worth of sales, nearly twice that...
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Leaders of the Christian Right find their preferred candidate in Rick Perry

In advance of any kind of campaign declaration (or even any kind of confirmation of campaign rumors), Texas Republican Gov. Rick Perry is sitting pretty for the GOP presidential nomination.Just two recent successes, ripe for bragging: The Republican...
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Video: Mexican officials want Fast & Furious officials extradited for trial

Imagine, Fox News’ William Lajeunesse asks, if Mexico had decided to investigate American drug distribution and links to cartels by allowing a flood of cocaine to cross the border for tracking purposes. Americans would be outraged, especially as deaths...
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Reagan parallels won’t work for Obama in 2012

So says Jonah Goldberg in USA Today as a rebuttal to supporters of Barack Obama in advance of the 2012 election. The latter have claimed that the trajectory of the 2012 election parallels that of 1984′s presidential contest, with high unemployment and...
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WH intervenes in Texas execution

Over the weekend, quite a few e-mailers sent over the story of the Obama administration’s attempt to intervene in a controversial Texas execution. Humberto Leal Garcia faces execution for a kidnapping, rape, and murder of a 16-year-old girl in 1994....
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