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Asian Stocks Up Despite Spain Downgrade; Euro Down

Asian shares inched up Friday, tracking U.S. stocks which jumped overnight on strong U.S. housing data and earnings, but concerns over the health of European banks weighed on investor risk appetite after Standard & Poor's downgraded Spain's rating.

Mongolia: Inside The Budding Eco-Tourism Destination

Mongolia
Envision vast open desert, towering snow-capped mountains, and deep craggy gorges. Picture Buddhist temples, mysterious ruins, felt homes, and the caw of an eagle. Sprinkle on top of it all the legend Genghis Khan.
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London Olympics 2012: German Athelete Ariane Friedrich Names and Shames Stalker

German high-jumper Ariane Friedrich has publicly revealed the identity of the man she says harassed her and e-mailed her pictures of his genitals. The 28-year old athlete, who is the midst of training for London's Summer 2012 Olympics, posted the alleged stalker's name, e-mail address, his hometown, and excerpts from the e-mails she received, reported MSN news. She has also filed a criminal complaint with authorities, who are now investigating the matter.
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Global shares, euro firm on debt demand, earnings hopes

The euro hovered near a three-week high and global shares rose on Wednesday ahead of the U.S. Federal Reserve's policy meeting, due mainly to signs of good demand for euro zone sovereign debt before a German bond sale, and some strong corporate earnings.
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German cabinet approves Swiss tax deal

German Chancellor Angela Merkel's cabinet passed a revised deal to tax secret deposits in Swiss bank accounts on Wednesday, betting that the opposition Social Democrats will drop their objections and back the accord in parliament.
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Lamborghini's SUV Urus Concept: The Brilliant Business Behind the Bull's Move

Much has been made over the new Lamborghini SUV Urus concept revealed the other day at the 2012 Beijing Motor Show, and it certainly is a striking concept that has fairly successfully merged two seemingly diametrically opposed design aesthetics, that of Lamborghini's low-slung, aggressive supercars and the beloved-by-footballers-and-rap-stars luxury SUV. And the merger makes good business as well as style sense.
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Asian Stocks Gain Ahead Of Fed Meeting; Nikkei Lags

Asian stock markets pared earlier losses and ended with gains Tuesday as investors turned their attention on the Federal Open Market Committee (FOMC) meeting, which kicks off today, for any hints at monetary easing.
A Markit PMI survey indicated that the euro zone was continuing its plunge into a double dip recession, Monday.

Euro Zone Recession Deepens: Markit Eurozone PMI Report

The euro zone's economic decline accelerated in April, plunging the economic region deeper into recession, as the Markit Eurozone PMI Composite Output Index tumbled to its lowest level in five months, according to a Markit Flash Eurozone PMI report Monday.

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