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Tightening Finally On The Horizon

The Federal Reserve will begin paring back asset purchases by the end of 2013, and end them altogether by end-2014, but will hold off on raising the benchmark funds rate until 2015. At this point,...

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Government Under Pressure On All Fronts

Armenia's government will have to confront a number of obstacles in the coming months, with an 18% hike in consumer gas prices likely to increase political tensions as well as rile the impoverished...

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Westgate Attack: Key Implications

The ability of al-Shabaab to launch a complex and large-scale attack against a shopping centre in Nairobi indicates that military defeats in Somali have led the group to focus on civilian targets...

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Solar Park On Schedule

The Mohammed bin Rashid al-Maktoum Solar Park project worth AED12bn (US$3.27bn) at Seih Al-Dahal in Dubai is reported to be on schedule and making steady progress.

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