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As Russia tries dead man, cover-up alleged
Mar 21, 2013
Russian legal specialist Sergei Magnitsky is due to be tried tomorrow for tax offenses, even though he died in prison more than 3 years ago. Critics of Russian business practices say he was killed to cover up corruption by officials.
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Global markets watch and wait for Cyprus
Mar 21, 2013
Diane Swonk, chief economist with Mesirow Financial, discusses how the situation in Cyprus could affect the global economy.
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European Central Bank to Cyprus: Now or never
Mar 21, 2013
Cyprus has until Monday to come up with a new bailout package after the parliament rejected the initial plan that called for a controversial tax on the country’s bank deposits.
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European Central Bank pressures Cyprus for new bailout deal
Mar 21, 2013
The European Central Bank has given the Cyprus just a few days to come up with a new bailout deal after the Cypriot parliament rejected a controversial tax on bank deposits as part of its original bailout plan.
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How telecom reform in Mexico could impact U.S. immigration
Mar 21, 2013
New Mexican President Peña Nieto hopes to reshape the country's phone and television service by increasing competition through foreign investment.
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Krugman warns U.S.: Don't end up like U.K.
Mar 20, 2013
Britain's budget, released today, contains more deep spending cuts. Nobel-winning economist Paul Krugman argues that austerity policies in the UK and Europe are killing growth.
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What Iraq taught us about reconstruction
Mar 20, 2013
In his final report to Congress this month, U.S. Special Inspector General for Iraq Reconstruction Stuart Bowen said much of the $60 billion the U.S. spent on rebuilding Iraq was wasted.
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No tax, no bailout? A worst case scenario for Cyprus
Mar 20, 2013
Cyprus is in turmoil following the decision last night by its parliament to reject a bailout plan from the eurozone. The plan entailed a one-off tax of up to 10 percent on Cypriot bank accounts.
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Will Treasury Secretary Lew get tough on China?
Mar 20, 2013
U.S. Treasury Secretary Jack Lew is in Beijing this morning wrapping up his two-day visit to China. It's his first foreign trip in his new role and the first high-level talks between the U.S. and China in six months.
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Indians go for gold despite government hiking import taxes
Mar 20, 2013
India is the world's largest gold importer. The government hiked import taxes on gold to control the outward flow of cash, but for weddings, the lure of the yellow metal is not fading.










