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Goldman took biggest loan in Fed emergency program

Goldman Sachs, Lehman Brothers, and European banks RBS and UBS were the biggest beneficiaries of very short-term Federal Reserve loans extended at the height of the financial crisis, according to data released on Wednesday.
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Arnold Schwarzenegger: Idol of Young Afghan Men

In yet another example of unexpected cross-cultural phenomena, it turns out that one of the biggest idols in Afghanistan is none other than ex-movie star and ex-California governor Arnold Schwarzenegger.
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China's Jiang Zemin Rumored Brain-Dead: Military Hospital Tightens Guard [VIDEO]

On July 1, Jiang was absent at an important event in Beijing commemorating the 90th anniversary of China's Communist Party.A few days later, an important figure was urgently hospitalized into 301 Military Hospital located in Beijing, China. The figure is reportedly the former Chinese leader Jiang Zemin, who was rumored to be in sickness since his last public appearance in Jiangsu on May 14th.
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Factbox: Murdoch advertisers get cold feet over hacking claims

Car maker Ford and billionaire Richard Branson's Virgin Holidays have suspended advertising in Britain's News of the World due to allegations of hacking by the newspaper while travel operators Thomson and First Choice are among a growing band of companies reviewing their policies.
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Research cuts may haunt Pfizer, ex-R&D chief says

Pfizer Inc may have won over shareholders with its recent decision to pare back research and development spending but could be shortchanging them in the long run, according to its former research chief.
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Pressure on Murdoch over new hacking allegation

British Prime Minister David Cameron condemned the alleged hacking of a murdered schoolgirl's voicemail by the News of the World, part of Rupert Murdoch's media empire, as the scandal closed in on a top News Corp executive and Murdoch protegee.
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Euro zone growth slows, orders dry up: PMIs

European services growth slowed in June in the face of sluggish new orders and rising interest rates, giving firms less optimism about the year ahead, business surveys showed on Tuesday.

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