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<strong><img alt="Australia Unveils Levy on Bank Deposits" src="/userfiles/images/Australia%20Unveils.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 67px;" />Australia Unveils Levy on Bank Deposits </strong></div>
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<strong><img alt="Americans Favor Cash " src="/userfiles/images/Americans%20Favor%20Cash.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 58px;" />Americans Favor Cash for Long-Term Investments </strong></div>
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<strong><img alt="Americans Favor Cash " src="/userfiles/images/Americans%20Favor%20Cash.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 58px;" />Americans Favor Cash for Long-Term Investments </strong></div>
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<strong><img alt="Australia Unveils Levy on Bank Deposits" src="/userfiles/images/Australia%20Unveils.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 67px;" />Australia Unveils Levy on Bank Deposits </strong></div>
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<strong><img alt="EADS to be Rebranded as Airbus " src="/userfiles/images/EADS.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 51px;" />EADS to be Rebranded as Airbus </strong></div>
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<strong><img alt="Americans Favor Cash " src="/userfiles/images/Americans%20Favor%20Cash.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 58px;" />Americans Favor Cash for Long-Term Investments </strong></div>
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<strong><img alt="Nawaz Sharif" src="/userfiles/images/Nawaz%20Sharif.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 90px;" />‘We will promote trade, business with India ’ </strong></div>
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<strong><img alt="Australia Unveils Levy on Bank Deposits" src="/userfiles/images/Australia%20Unveils.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 67px;" />Australia Unveils Levy on Bank Deposits </strong></div>
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<strong><img alt="Americans Favor Cash " src="/userfiles/images/Americans%20Favor%20Cash.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 58px;" />Americans Favor Cash for Long-Term Investments </strong></div>
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<strong><img alt="Australia Unveils Levy on Bank Deposits" src="/userfiles/images/Australia%20Unveils.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 67px;" />Australia Unveils Levy on Bank Deposits </strong></div>
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Australia has unveiled a levy on some bank deposits to raise money towards a fund aimed at safeguarding against a banking collapse. Deposits up to A$250,000 will have to pay a levy of 0.05% from January 2016. It will be imposed on banks and not account holders. (BBC) </div>
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<strong><img alt="EADS to be Rebranded as Airbus " src="/userfiles/images/EADS.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 51px;" />EADS to be Rebranded as Airbus </strong></div>
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<strong><img alt="Americans Favor Cash " src="/userfiles/images/Americans%20Favor%20Cash.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 58px;" />Americans Favor Cash for Long-Term Investments </strong></div>
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<strong><img alt="Nawaz Sharif" src="/userfiles/images/Nawaz%20Sharif.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 90px;" />‘We will promote trade, business with India ’ </strong></div>
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Nepal And The World News In Brief (5-11 August 2013)
2 min 31 sec to read
Australia Unveils Levy on Bank Deposits
Australia has unveiled a levy on some bank deposits to raise money towards a fund aimed at safeguarding against a banking collapse. Deposits up to A$250,000 will have to pay a levy of 0.05% from January 2016. It will be imposed on banks and not account holders. (BBC)
EADS to be Rebranded as Airbus
EADS, the parent company of Airbus, says it is to rename itself after its commercial plane-making subsidiary. It will be called Airbus Group and have three divisions; commercial aircraft, defence and space, and helicopters. Implementation of the change will start in January and is set to be completed in the second half of 2014. (Agency)
India Eases FDI Rules in Retail Sector
India has eased key rules on foreign direct investment in multi-brand retail in an attempt to attract foreign firms as it looks to boost economic growth. Rules governing sourcing of products, infrastructure investment and selection of cities have been relaxed. (Agency)
Americans Favor Cash for Long-Term Investments
26 per cent of Americans prefer cash for their long-term investments, edging out stocks, bonds, gold and real estate, according to a new Bankrate survey of more than 1,000 US adults. Whether it’s in a savings account or a money-market fund, sheltering cash would barely yield any growth given the current low interest rates. A $10,000 investment in a money-market fund today would just gain $110 over a decade, according to Bankrate. (CNN)
‘We will promote trade, business with India ’
Relations between India and Pakistan should be like that of two neighbours, with the focus being on trade and business, Prime Minister Nawaz Sharif said on Thursday. Sharif made the remarks while interacting with reporters during a rare visit to Karachi, Pakistan’s financial hub. Asked by a journalist about the state of ties with India, he said relations “should be like how relations are between two neighbours”. (Agency)
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<strong><img alt="Australia Unveils Levy on Bank Deposits" src="/userfiles/images/Australia%20Unveils.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 67px;" />Australia Unveils Levy on Bank Deposits </strong></div>
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Australia has unveiled a levy on some bank deposits to raise money towards a fund aimed at safeguarding against a banking collapse. Deposits up to A$250,000 will have to pay a levy of 0.05% from January 2016. It will be imposed on banks and not account holders. (BBC) </div>
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India has eased key rules on foreign direct investment in multi-brand retail in an attempt to attract foreign firms as it looks to boost economic growth. Rules governing sourcing of products, infrastructure investment and selection of cities have been relaxed. (Agency) </div>
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<strong><img alt="Americans Favor Cash " src="/userfiles/images/Americans%20Favor%20Cash.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 58px;" />Americans Favor Cash for Long-Term Investments </strong></div>
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<strong><img alt="Australia Unveils Levy on Bank Deposits" src="/userfiles/images/Australia%20Unveils.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 67px;" />Australia Unveils Levy on Bank Deposits </strong></div>
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<strong><img alt="Americans Favor Cash " src="/userfiles/images/Americans%20Favor%20Cash.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 58px;" />Americans Favor Cash for Long-Term Investments </strong></div>
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<strong><img alt="Americans Favor Cash " src="/userfiles/images/Americans%20Favor%20Cash.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 58px;" />Americans Favor Cash for Long-Term Investments </strong></div>
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<strong><img alt="Australia Unveils Levy on Bank Deposits" src="/userfiles/images/Australia%20Unveils.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 67px;" />Australia Unveils Levy on Bank Deposits </strong></div>
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Australia has unveiled a levy on some bank deposits to raise money towards a fund aimed at safeguarding against a banking collapse. Deposits up to A$250,000 will have to pay a levy of 0.05% from January 2016. It will be imposed on banks and not account holders. (BBC) </div>
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<strong><img alt="EADS to be Rebranded as Airbus " src="/userfiles/images/EADS.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 51px;" />EADS to be Rebranded as Airbus </strong></div>
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EADS, the parent company of Airbus, says it is to rename itself after its commercial plane-making subsidiary. It will be called Airbus Group and have three divisions; commercial aircraft, defence and space, and helicopters. Implementation of the change will start in January and is set to be completed in the second half of 2014. (Agency) </div>
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<strong><img alt="India Eases FDI Rules in Retail Sector " src="/userfiles/images/India%20Eases%20FDI%20Rules.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 62px;" />India Eases FDI Rules in Retail Sector </strong></div>
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India has eased key rules on foreign direct investment in multi-brand retail in an attempt to attract foreign firms as it looks to boost economic growth. Rules governing sourcing of products, infrastructure investment and selection of cities have been relaxed. (Agency) </div>
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<strong><img alt="Americans Favor Cash " src="/userfiles/images/Americans%20Favor%20Cash.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 58px;" />Americans Favor Cash for Long-Term Investments </strong></div>
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26 per cent of Americans prefer cash for their long-term investments, edging out stocks, bonds, gold and real estate, according to a new Bankrate survey of more than 1,000 US adults. Whether it’s in a savings account or a money-market fund, sheltering cash would barely yield any growth given the current low interest rates. A $10,000 investment in a money-market fund today would just gain $110 over a decade, according to Bankrate. (CNN) </div>
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<strong><img alt="Nawaz Sharif" src="/userfiles/images/Nawaz%20Sharif.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 90px;" />‘We will promote trade, business with India ’ </strong></div>
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Relations between India and Pakistan should be like that of two neighbours, with the focus being on trade and business, Prime Minister Nawaz Sharif said on Thursday. Sharif made the remarks while interacting with reporters during a rare visit to Karachi, Pakistan’s financial hub. Asked by a journalist about the state of ties with India, he said relations “should be like how relations are between two neighbours”. (Agency)</div>
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Australia Unveils Levy on Bank Deposits 
EADS to be Rebranded as Airbus 
India Eases FDI Rules in Retail Sector 
Americans Favor Cash for Long-Term Investments 
‘We will promote trade, business with India ’ 
