Marketplace Index for Monday, January 23, 2012
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The European Union is united on imposing sanctions against Iran, as part of the effort to prevent Tehran from developing its nuclear weapons program. The EU says its refineries will stop buying Iranian crude as of July 1, 2012. The question is, can Europe afford to add oil to its list of current troubles? Carl Weinberg, chief economist of High Frequency Economics, weighs in. And the Daily Pulse is up today on news that a little planning (but not too much) could save you some cash on your next flight. Six weeks of planning, to be exact.