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The dollar was sent reeling last week after Bernanke said ahighly accommodative monetary policy would be needed for theforeseeable future. The currency had been gaining on the back ofhigher U.S. Treasury yields, which have been rising since Mayafter Bernanke first hinted at a “tapering” of Fed stimulus.
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Thanks to our lack of leadership on Syria and our confusing mismanagement of the crisis, Assad the murderer will remain. Iran and our other enemies will have watched as we reneged on our red lines. Hezbollah may return Assad’s chemical weapons to him when Russia helps reinstall him to power.
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“I’ve been consulting with banks, and credit unions andothers about how we tackle that issue, how we make sure there ismoney set aside in the unfortunate and very unlikely event thata deposit taking institution in Australia comes intodifficulty.”
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Judge Hone said Bolton maintained the “little plastic box” was a piece of working equipment, selling it to scores of international clients – including for use by armed forces – despite evidence proving it was “useless”.
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“The four biggest banks are now 30 percent larger than they were just five years ago, and they have continued to engage in dangerous, high-risk practices that could once again put our economy at risk,” said Democratic Senator Elizabeth Warren from Massachusetts, one of the sponsors of the bill.