LATEST NEWS : Ukraine and Russia take center stage as leaders gather for G20

A showdown between Western leaders and Russian President Vladimir Putin is likely at the G20 summit in Australia starting on Saturday, following fresh reports of Russian troops pouring into eastern Ukraine. Ukraine has accused Russia of sending soldiers and weapons to help separatist rebels in eastern Ukraine launch a new offensive in a conflict that […]

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LATEST NEWS : White House shifts into crisis mode on Ebola response

Rising public anxiety about the Ebola virus has forced the White House to shift into crisis mode and cancel two days of planned political events as President Barack Obama strives to show he has control over stopping the spread of the deadly disease. continue reading at reuters.com

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LATEST NEWS : PRECIOUS-Gold up for third day on softer dollar, geopolitical tension

SINGAPORE, Aug 28 (Reuters) – Gold rose for the third straight day on Thursday as the euro regained strength against the U.S. dollar and tensions between Ukraine and Russia burnished the metal’s safe haven appeal. FUNDAMENTALS * Gold added $1.46 an ounce to $1,283.91 by 0026 GMT, moving away from a two-month low of $1,273.06 […]

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LATEST NEWS : We Are So Not Prepared For Another Oil Shock

In one sense, energy doesn’t matter all that much to what’s coming. Once debt reaches a certain level, oil can be $10 a barrel or $200, and either way we’re in trouble. But the cost of energy can still play a role in the timing and shape of the next financial crisis. The housing/derivatives bubble […]

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LATEST NEWS : Gold Set for Weekly Gain on Haven Demand Amid Iraq Tumult

Gold futures capped a second straight weekly gain as escalating violence in Iraq boosted demand for the precious metal as a haven. Silver posted the longest rally in almost four months. Crude oil jumped to the highest in more than eight months on concern that a civil war looms in Iraq, OPEC’s second-biggest producer. Gold gained 6 […]

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LATEST NEWS : Gold Set for First Back-to-Back Weekly Gain Since April

Gold was little changed near the highest in more than two weeks as investors weighed whether escalating violence in Iraq will increase demand for the precious metal as a haven. Gold rallied this week while oil extended gains today and European equities fell as Iraq’s Shiite-led government struggled to retain control of Sunni-majority regions, after army units […]

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LATEST NEWS : China suggests U.S. may have fabricated evidence for cyberattacks

China’s suggested on Thursday that the United States had fabricated evidence to underpin accusations of cyber attacks and had incited China’s neighbors to “stir up trouble” in disputed waters. The strongly-worded comments by the defense ministry come as relations between the world’s two largest economies are increasingly strained by a row over cyberespionage. The United […]

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D.C. awash in contracts, lobbying wealth

WASHINGTON • So much money to be had if you know where to look. The avalanche of cash that made Washington rich in the last decade has transformed the culture of a once staid capital and created a new wave of well-heeled insiders. The winners in the new Washington are not just the former senators, party consiglieri […]

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China's top paper says United States wants regime change in Syria

“The United States and its allies are gearing up for a probable military strike against Syria that could come within days and would be the most aggressive action by Western powers in the Middle Eastern nation’s two-and-a-half-year civil war. Western envoys have told the Syrian opposition to expect a military response soon against President Bashar […]

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U.S. issues global travel alert, cites al Qaeda threat

“(Reuters) – The United States issued a worldwide travel alert on Friday warning Americans that al Qaeda may be planning attacks in August, particularly in the Middle East and North Africa. The State Department travel alert was based on the same intelligence that prompted it to close 21 U.S. embassies and consulates on Sunday, August […]

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