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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Brazil indigenous delay eviction

Category : World News

Police in Rio de Janeiro pull out from an area next to the Maracana stadium from where an indigenous community is expected to be evicted.

Go here to read the rest: Brazil indigenous delay eviction

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Iceland’s debt-relief lessons for eurozone

Category : Business

Instead of mass foreclosures and bankruptcies, southern Europe would do well to follow Iceland’s example

As recession deepens across southern Europe, stories abound of indebted firms and households being forced to hand over ownership of their assets to their creditors.

For example, a recent report in Der Spiegel tells of a Spanish bank that evicted from his home a now unemployed man, previously earning less than €1,000 a month. The bank had happily lent him €240,000.

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Buffett: Banks Victims of Evicted Homeowners

Category : Business, World News

Warren Buffett, who controls the biggest shareholding of the No. 1 U.S. mortgage lender, said banks were victimized by some homeowners who refinanced their loans before getting evicted.

Read more: Buffett: Banks Victims of Evicted Homeowners

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