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Texas Congressman Ron Paul is running within two points of Barack Obama in this week's Gallup poll. In a Rasmussen survey, he trails by one. He's rising against his primary rivals and raking in money, netting $1.8 million in a trademark 'money bomb' over the weekend to mark his 76th birthday.
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Asian markets have been gripped by fears of a slowdown in the global economy.
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NEW YORK (Reuters) – Gold futures fell more than $100 on Wednesday, one of the steepest falls ever, as strong U.S. economic data and expectations of more Federal Reserve stimulus accelerated profit taking from the safe-haven record high of a day ago.
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Watch 10 videos outlining the career of Steve Jobs.
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We analyze the sustainability of external debt of EMU members and the impact of the Euro on external imbalances. We find strong empirical support for the view that the present current account imbalances in the EMU are unsustainable and may jeopardize the long-run stability of the Euro Area. We also find that the introduction of the Euro in 1999 contributed significantly to the external imbalances among member countries
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FRANKFURT/BERLIN (Reuters) – After being held up as a model of strength in a region saddled with debt and low growth, Germany suddenly finds itself in a perfect economic storm that could force it to rethink its approach to the crisis plaguing the wider euro zone.
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France unveiled on Wednesday a huge €11 billion (£9.6 billion) deficit cutting package that raises taxes on the rich and closes some tax loopholes.
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Samsung has been banned from selling three models of its Galaxy smartphones in a number of European countries.