IBT Staff Reporter

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With tears and emotion, Americans mark September 11

Americans on Sunday remembered the horror of September 11, 2001, and the nearly 3,000 people who died in the hijacked plane attacks as authorities worked to ensure the emotional 10th anniversary was peaceful.

Russia's embassy in UK says hackers hit website

Russia's embassy in London said on Sunday its website crashed in a suspected hacking attack just before Prime Minister David Cameron begins the first visit by a British leader to Moscow since the 2006 killing in London of a Kremlin critic.

Euro seen under pressure on lack of G7 support

The euro and growth-linked currencies may fall on Monday, hit by a lack of concrete measures from Group of Seven finance chiefs to address either faltering growth, the escalating euro zone debt crisis, or exchange rate volatility.

France stakes future of EU on fate of euro currency

France on Sunday staked the future of the European Union on the fate of the euro, saying the economic and political union at the heart of Europe would be at risk if the single currency were allowed to be torn apart by the region's sovereign debt crisis.

Ex-BP boss Hayward to quit TNK-BP board: report

Former BP boss Tony Hayward is to resign from the board of Russian oil joint venture TNK-BP after announcing his return to the oil business with a new major deal, the Sunday Telegraph newspaper reported.

Papandreou says to save Greece, stay in euro

Greek Prime Minister George Papandreou said on Saturday he would do whatever it takes to rescue his country from bankruptcy and stay in the euro zone, as doubts in Europe grew over its membership in the bloc.

Italians dump mussel shells to protest austerity

Demonstrators dumped mussel shells in front of Italy's parliament on Saturday, accusing politicians of squeezing workers with an austerity package while clinging to their privileges like mussels cling to rocks.

French banks braced for credit-rating downgrade: sources

France's top banks are bracing themselves for a likely credit rating downgrade from Moody's, sources close to the situation said on Saturday, further complicating their efforts to assure investors they are riding out the tensions in funding markets.

U.S. may end taxes on some overseas profits: WSJ

The Treasury is weighing a proposal to eliminate some, but not all, of the taxes on overseas profits of U.S.-based companies, the Wall Street Journal reported on Saturday, citing two people familiar with the deliberations.

Berkshire's Richline to buy Italian jeweler

Jewelry company Richline International, part of billionaire investor Warren Buffett's Berkshire Hathaway , will buy its fifth small Italian jewelry brand as it plans to expand further in Italy.

Greece says will stay the course, despite GDP slump

Debt-laden Greece's government vowed on Saturday to stay the course of austerity, sending a message to its increasingly frustrated lenders it will do everything it takes to avoid a bankruptcy that would rock the euro.

Germans fear losing sway as their top man quits ECB

Germans expressed shock and dread about the direction of euro zone policy on Saturday after their top official at the European Central Bank resigned in a conflict over the bank's response to the debt crisis.

Stark resignation limits Draghi's room on bond buys

By resigning in protest at the European Central Bank's bond-buying programme, heavyweight policymaker Juergen Stark has increased the pressure on incoming ECB president Mario Draghi to use the plan sparingly.

U.S. has tax statistics from 10 Swiss banks: report

U.S. authorities now have statistical data from the ten Swiss banks being investigated by the United States for helping U.S. clients to dodge taxes, Swiss newspaper Neue Zuercher Zeitung reported on Saturday.

Miley Cyrus Defends Raunchy Behavior Saying She is 'Exploring Sexuality'

It was reported that the Miley Cyrus was seen dancing seductively for her boyfriend, Liam Hemsworth. The New York Post claims that on Sept. 7, Cyrus, Hemsworth, and her mother Tish, were at a launch party in Chicago. Liam was sitting down while Miley was dancing playfully and seductively, a witness claims. Nothing too over the top, though, as she was under the watchful eye of her mom. There was a very relaxed, good energy.

A decade on, rise of BRICs shaped by September 11

As his global teleconference broke up in disarray on September 11, 2001, a top economist at a U.S. investment bank began to ponder what the attacks on the United States might tell him about the future shape of the world. His conclusions had little to do with Al Qaeda.

Juncker wants full-time Eurogroup chief

The euro area needs a full-time financial leader to better respond to its sovereign debt crisis, Eurogroup leader Jean-Claude Juncker said on Saturday, signaling that the pressures of the job are too much.

Italy to take stock, eye further moves: Tremonti

Italy will next week start an in-depth look into progress of past efforts to improve public finances and growth and try to find new measures to spur the economy, Economy Minister Giulio Tremonti said on Saturday.

Germany's Schaeuble tipped to succeed Juncker: report

German Finance Minister Wolfgang Schaeuble is the favorite to succeed Jean-Claude Juncker as chairman of the Eurogroup of euro zone finance ministers, German magazine Focus reported on Saturday, citing diplomatic sources.

Chuseok— A Festival With Two Faces

The day is almost half-way over as the sun slowly fades in brightness over Hongdae, where hundreds of restaurants, bars, night clubs, and shops cover the streets and become an important center for night life in Seoul, South Korea.

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