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Market Braced as Sanctions Continue on Iran’s Energy Sector

Iran’s oil sector has been targeted by fresh sanctions from the US, while the EU is in talks over what extra restrictions it will place on the country’s economy. A number of sanctions have targeted Iran’s energy sector, prompting analysts

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Indonesia To Top “Happy Index”

Indonesian are the world’s most content people according to new research. Emerging markets and half of the BRIC economies (represented by India 2nd, and Brazil 4th) are top 4 in the recently published well-being or “Happiness” ranking. Mexico came 3rd.

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Lending Helps JPMorgan, but 4th Quarter Was Soft

Wall Street, more than three years after the financial crisis, has loosened its lending tap. Consumers, however, have yet to reap the benefits. Results announced on Friday by the nation’s strongest and biggest bank by assets, JPMorgan Chase, point to a

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U.S. Trade Deficit and Consumer Sentiment Rise

The United States trade deficit widened in November to its largest point in five months, prompting some economists to slightly rein in growth expectations for the fourth quarter. A separate survey released on Friday showed that consumer sentiment hit an

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Big Banks: Cure or Curse for the Global Economy?

Friday 27 January 2012, CFI with report from the World Economic Forum in Davos, Switzerland with anchor Bloomberg Television Key Points Banking reforms are still a work in progress – there is still a long way to go before the global

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