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Saturday, 15 August 2015

Clarity on China | Authers' Note - YouTube

Clarity on China | Authers' Note - YouTube: ""



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Arab Bank settles U.S. litigation over attacks by militants | Reuters

Arab Bank settles U.S. litigation over attacks by militants | Reuters:



"Arab Bank Plc has agreed to settle litigation brought by hundreds of Americans who accused it of facilitating militant attacks in Israel, nearly a year after a U.S. jury found the bank liable.



The settlement was confirmed on Friday by Michael Elsner, a lawyer for the plaintiffs, and a spokesman for Arab Bank. The terms were not disclosed.



Elsner said the framework of the deal would be finalized over the next few months."



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California Quest Falls Short as Ukraine Debt Talks Drag On - Bloomberg Business

California Quest Falls Short as Ukraine Debt Talks Drag On - Bloomberg Business:



"After a 6,000-mile trip to the doorstep of her largest creditor and two days of talks, Ukrainian Finance Minister Natalie Jaresko is heading home without a deal as time runs out to avert a default.



The government and creditors led by Franklin Templeton were said to have agreed to continue negotiations remotely and issued a joint statement on Friday to show there’s no irreversible breakdown. But Ukraine is short on time to restructure $19 billion of debt after five months of sometimes acrimonious talks. Its economy is languishing amid signs of a pickup in separatist unrest in the country’s easternmost regions.



The two-sentence statement left little scope to “read between the lines” on the state of progress, Nomura Holdings Inc. strategist Tim Ash said by e-mail. Ukraine, which needs to execute an agreement before a $500 million note falls due on Sept. 23, said Aug. 7 that this week marked the “final opportunity” for an accord."



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