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This action quadrupled the price of oil , roiling commodity markets, equities, bonds, and foreign exchange markets...Speculation in oil exploration and production became feverish...Oil exporters in the Arab states were depositing their windfall "
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A Asia Pacific to lead in banking M&A The Nation May 16, 2013 12:15 pm Asia Pacific is expected to lead the world as most active region for banking merger and acquisition (M&A) in 2013 and beyond, underpinned by rapid economic expansion, mounting
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In contrast, the past few years have seen the real estate sector demonstrate ever-increasing polarisation in both the volume of transactions and the level of pricing based on the perceived riskiness of assets. Activity has concentrated in the biggest,
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Cyprus's banking system , which is being restructured under an international bailout, is more vulnerable to money laundering than previously thought, a report commissioned as a condition of the rescue said. Auditor Moneyval and financial advisory
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Ali Gumma finally saved enough money to buy a plot of land near Tripoli and was planning to build a family home when he hit a brick wall: He couldn't find a Libyan bank willing to lend him the money. I can't afford to build it on my own, the 52-year-
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47 p.m.CDT Central Bank Illinois was recently ranked in the 2012 Top 15th percentile of community banks by Seifried and Brew LLC. To be recognized with this ranking, Central Bank demonstrated exemplary performance of balancing risk and reward on the
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Argentina (AP) A plan to get Argentines to pull their undeclared U.S. dollars from under their mattresses and out of illegal tax havens, and deposit them in the banking system is eliciting warnings that it will turn the country into a magnet for
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Deutsche Bank 's Peter Hooper just published an interesting report considering crises going back to the Middle Ages. Referring to the work of Juesus Huerta de Soto, Geld, Bankkredit und Konjunkturzyklen, and Stuttgart, Hooper summarizes what happened
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I was recently at the annual Tiburon CEO Summit in New York, a sort of United Nations gathering of finance executives. Given how often these CEOs seemed to be checking their smartphones, I began to wonder what tools and apps they favored. Somewhat
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The Petroleum and Natural Gas Ministry on Wednesday announced that the Direct Benefit Transfer (DBT) scheme for LPG consumers, putting cash directly into the account of beneficiaries, would be launched in 20 districts of the country with high Aadhaar
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