Politics
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EU summit agrees on banking information exchange within a year
EU leaders agreed on Wednesday that their respective countries will set up a system for the automatic exchange of limited information between countries on personal banking accounts by the end of this year.
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No room for cheats in the Senate, warns Harper
Canada's government is facing a worrying expenses scandal in the Senate that may harm its austerity plans and damage its credibility.
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Oklahoma tornado kills around 90, destroys schools
A tornado in Oklahoma City destroyed its suburb Moore on Monday, killing at least 90 people, with 20 children among the dead. Fifty-one were confirmed dead with 40 more victims expected to be found.
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May EU summit targets tax evasion and fraud
Tax fraud and tax evasion, as well as the EU energy policy, will be the main items on the agenda of the May EU Summit convened for Wednesday, with leaders intent on finding a plan on sharing tax data of residents.
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UK Conservative party to unveil draft bill on EU referendum
According to reports, UK Prime Minister David Cameron is to unveil a draft bill on the EU referendum on Tuesday in London. This would make his promise to hold an in/out referendum in 2017 legally binding.
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Eurogroup split over banking union; Cyprus and Greece get payments
While France, Spain and Portugal call for swift action to set up the banking union, Germany points to a legal change that is needed to the Lisbon Treaty, while Greece and Cyprus have their bailout payments approved.
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Obama urges Britain to fix ties with EU
During bilateral talks in Washington on Monday, the UK Prime Minister David Cameron has pushed for a free trade agreement between the EU and US, as President Barack Obama urges Britain to fix relations with the EU.
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UK Labour party joins chorus on EU referendum
A group of MPs from the Labour party has today launched a campaign with the aim of forcing the party leadership to commit to an in/out referendum on the UK's membership of the European Union.
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- Politics EU summit agrees on banking information exchange within a year No room for cheats in the Senate, warns Harper Oklahoma tornado kills around 90, destroys schools More »
- Economy TransCanada loses patience over delayed pipeline approval US durable orders jump 3.3% in April German Ifo business climate rises to 105.7 in May More »
- Equities European shares end volatile week with over 1% fall Wall Street spree halts as QE pace pondered US stocks end mixed on last trading day of week More »
- Fixed Income / Bonds US benchmark yields rise above 2% on Fed's QE comments Treasuries rise first time in a week as data offers new stimulus hope Treasuries tumble to 7-week low as Fed seen stopping purchases More »