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Geithner backs Lagarde as next IMF boss.

US Backs Lagarde As Next IMF Chief

The United States has officially declared its endorsement of France’s finance minister Christine Lagarde to be the next chief of the International Monetary Fund (IMF), virtually guaranteeing she will becomes its boss when its board meets next week.
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Syria unrest

Syrian Helicopters open fire to disperse protesters

Hardly a few days after Syrian civilians started fleeing the nation to find a safe place in Turkey border, Syrian helicopter gunships fired machineguns to disperse pro-democracy protests, witnesses said, in the first reported use of air power to suppress unrest in Syria's increasingly bloody three-month-old uprising.

E.coli outbreak adds to Spainish Woes

A killer bacteria linked to Spanish cucumbers is claiming victims all around Europe, but the news couldn't come at a worse time for the struggling country.
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Swiss Franc: Is It Really A Safe Haven?

The equivocal, baby step rhetoric of the SNB - together with Swiss exporters' reluctance to give up the benefits of a weaker Swiss Franc - suggest that we shouldn't expect Switzerland either to race away from the bottom just yet.
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Euro-denominated gold jumps to record high

Gold rose to a record high for the third consecutive session on Wednesday as deepening concern over Europe's sovereign debt crisis spurred demand for the metal as a safe haven investment.

BRICs slam European grip on IMF, Lagarde leads race

Top emerging economies joined forces to slam Europe's obsolete grip on the IMF's top job, even as France's finance minister appeared to strengthen her lead in the race to replace Dominique Strauss-Kahn.

Lagarde Not A Sure Thing As Next IMF Chief

Despite being the ‘heir apparent’ to the top post of the International Monetary Fund (IMF), Christine Lagarde has cautioned that her candidacy might be premature.

After Strauss-Kahn, IMF should go for fundamental strategy rethink: AEI

History will remember Dominique Strauss-Kahn as a man who put the International Monetary Fund (IMF) on the road to decline, and that the new leadership should bring about a fundamental rethink of the fund's economic programs for the European periphery, leading think tank American Enterprise Institute has said.

No support in Britain for Gordon Brown as New IMF Chief

Gordon Brown’s chances of taking over as boss of the International Monetary Fund (IMF), now that DSK has resigned, got even dimmer after UK Business Secretary Vince Cable indicated that Westminster would prefer from a Euro Zone nation as the new IMF chief.
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Gold Price Steady, Silver Drops 4%

U.S. Dollar Gold Prices continued on Monday morning where they'd left off on Friday, zigzagging around $1495 while global stock markets fell along with major industrial commodities oil and copper.

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