The US Federal Reserve has called time on its $4.5 trillion (£2.8tn) quantitative easing programme, introduced more …
financial crisis
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Citigroup Inc said on Tuesday it would exit consumer banking in 11 more markets, as the most …
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Industry & Trade
New Refinery Promises Some Relief to Egypt Fuel Crisis
by Yomna Yasserby Yomna YasserConstruction of Egypt’s largest oil refinery, with capacity to produce half the volume of diesel currently being …
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Bank of America Corp said on Wednesday its quarterly profit surged by nearly $3 billion as revenue …
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The smuggling tunnels in Sinai are essential for the economy of the Gaza Strip. But since the …
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The first drop in Egypt’s foreign currency reserves in two months can be attributed to an exceptional …
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International News
EU Says Euro Zone To Shrink In 2013 As Unemployment Rises
by Yomna Yasserby Yomna YasserThe euro-area economy will shrink in back-to-back years for the first time, driving unemployment higher as governments, …
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Despite The ongoing financial crisis “European sovereign debt crisis” as well as the political tensions witnessed by …
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Limitless , the property arm of Dubai state-owned conglomerate Dubai World, is nearing a deal to restructure …
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New data released by the European Union show that the unemployment rate in the eurozone hit a …