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<span style="font-size:14px;"><strong>Obama to Nominate Summers as Fed Chief </strong></span></div>
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<span style="font-size:14px;"><strong>Growth in G-20 Countries Accelerates</strong></span></div>
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<span style="font-size:14px;"><strong>China’s New Richest Man Worth $22 bn</strong></span></div>
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<span style="font-size:14px;"><strong>Plan for EU Financial Tax Found to be Illegal</strong></span></div>
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<span style="font-size:14px;"><strong>Obama to Nominate Summers as Fed Chief </strong></span></div>
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<span style="font-size:14px;"><strong>China’s New Richest Man Worth $22 bn</strong></span></div>
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<span style="font-size:14px;"><strong>Plan for EU Financial Tax Found to be Illegal</strong></span></div>
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<span style="font-size:14px;"><strong>Australian Unemployment Highest in 4 Years</strong></span></div>
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<span style="font-size:14px;"><strong>Obama to Nominate Summers as Fed Chief </strong></span></div>
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<span style="font-size:14px;"><strong>Growth in G-20 Countries Accelerates</strong></span></div>
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<span style="font-size:14px;"><strong>China’s New Richest Man Worth $22 bn</strong></span></div>
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<span style="font-size:14px;"><strong>Plan for EU Financial Tax Found to be Illegal</strong></span></div>
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<span style="font-size:14px;"><strong>Obama to Nominate Summers as Fed Chief </strong></span></div>
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<span style="font-size:14px;"><strong>Growth in G-20 Countries Accelerates</strong></span></div>
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Growth in the Group of 20 emerging and advanced economies accelerated in the second quarter of this year to 0.9 percent from 0.6 percent in the previous three month period, the OECD said last Thursday. Most G20 members saw growth pick up momentum in April through May, with Turkey posting the highest quarter-on-quarter expansion of 2.1 percent, said the Organisation for Economic Cooperation and Development. </div>
<div>
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<span style="font-size:14px;"><strong>China’s New Richest Man Worth $22 bn</strong></span></div>
<div>
China’s new richest man -- real estate and hotel king Wang Jianlin -- is now worth $22 billion, up from $10.3 billion in 2012, according to the latest Wealth Report from the Hurun Research Institute and marketing firm GroupM Knowledge. Wang easily ousted China’s former No. 1, Zong Qinghou, who is now No. 2 with a net worth of $18.7 billion.</div>
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<span style="font-size:14px;"><strong>Plan for EU Financial Tax Found to be Illegal</strong></span></div>
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<span style="font-size:14px;"><strong>Australian Unemployment Highest in 4 Years</strong></span></div>
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<span style="font-size:14px;"><strong>Obama to Nominate Summers as Fed Chief </strong></span></div>
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US President Barack Obama will name former Treasury Secretary Lawrence “Larry” Summers as chairman of the Federal Reserve Board,Japan’s Nikkei newspaper said on Friday. The newspaper, quoting unnamed sources, said that Obama was “in the final stages” and moving toward naming Summers. Debate in Washington has focused on whether Obama will pick Summers or Fed Vice Chair Janet Yellen to succeed Ben Bernanke, whose term as head of the U.S. central bank expires in January. </div>
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<span style="font-size:14px;"><strong>Growth in G-20 Countries Accelerates</strong></span></div>
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<span style="font-size:14px;"><strong>China’s New Richest Man Worth $22 bn</strong></span></div>
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<span style="font-size:14px;"><strong>Plan for EU Financial Tax Found to be Illegal</strong></span></div>
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<span style="font-size:14px;"><strong>Obama to Nominate Summers as Fed Chief </strong></span></div>
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<span style="font-size:14px;"><strong>Growth in G-20 Countries Accelerates</strong></span></div>
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<span style="font-size:14px;"><strong>China’s New Richest Man Worth $22 bn</strong></span></div>
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Nepal And The World Brief (16 - 22 September 2013)
2 min 10 sec to read
Obama to Nominate Summers as Fed Chief
US President Barack Obama will name former Treasury Secretary Lawrence “Larry” Summers as chairman of the Federal Reserve Board,Japan’s Nikkei newspaper said on Friday. The newspaper, quoting unnamed sources, said that Obama was “in the final stages” and moving toward naming Summers. Debate in Washington has focused on whether Obama will pick Summers or Fed Vice Chair Janet Yellen to succeed Ben Bernanke, whose term as head of the U.S. central bank expires in January.
Growth in G-20 Countries Accelerates
Growth in the Group of 20 emerging and advanced economies accelerated in the second quarter of this year to 0.9 percent from 0.6 percent in the previous three month period, the OECD said last Thursday. Most G20 members saw growth pick up momentum in April through May, with Turkey posting the highest quarter-on-quarter expansion of 2.1 percent, said the Organisation for Economic Cooperation and Development.
China’s New Richest Man Worth $22 bn
China’s new richest man -- real estate and hotel king Wang Jianlin -- is now worth $22 billion, up from $10.3 billion in 2012, according to the latest Wealth Report from the Hurun Research Institute and marketing firm GroupM Knowledge. Wang easily ousted China’s former No. 1, Zong Qinghou, who is now No. 2 with a net worth of $18.7 billion.
Plan for EU Financial Tax Found to be Illegal
Legal advisers have cautioned 11 EU Governments that a proposal they are considering for a tax on financial transactions is illegal. The legal service that advises EU member states found that the suggested approach on which companies should be taxed is “discriminatory,” will probably distort competition, violates EU law and “exceeds member states’ jurisdiction for taxation,” according to a copy of the opinion published last week.
Australian Unemployment Highest in 4 Years
Australia’s jobless rate edged up to 5.8 percent in August, a level not seen since the global financial crisis, with the sluggish economy shedding 10,800 jobs as the mining investment boom unwinds. The Australian Bureau of Statistics said the seasonally adjusted rate -- up from 5.7 percent in July -- the highest since August 2009.
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<span style="font-size:14px;"><strong>Obama to Nominate Summers as Fed Chief </strong></span></div>
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US President Barack Obama will name former Treasury Secretary Lawrence “Larry” Summers as chairman of the Federal Reserve Board,Japan’s Nikkei newspaper said on Friday. The newspaper, quoting unnamed sources, said that Obama was “in the final stages” and moving toward naming Summers. Debate in Washington has focused on whether Obama will pick Summers or Fed Vice Chair Janet Yellen to succeed Ben Bernanke, whose term as head of the U.S. central bank expires in January. </div>
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<span style="font-size:14px;"><strong>Growth in G-20 Countries Accelerates</strong></span></div>
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<span style="font-size:14px;"><strong>China’s New Richest Man Worth $22 bn</strong></span></div>
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<span style="font-size:14px;"><strong>Plan for EU Financial Tax Found to be Illegal</strong></span></div>
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Legal advisers have cautioned 11 EU Governments that a proposal they are considering for a tax on financial transactions is illegal. The legal service that advises EU member states found that the suggested approach on which companies should be taxed is “discriminatory,” will probably distort competition, violates EU law and “exceeds member states’ jurisdiction for taxation,” according to a copy of the opinion published last week.</div>
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<span style="font-size:14px;"><strong>Obama to Nominate Summers as Fed Chief </strong></span></div>
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US President Barack Obama will name former Treasury Secretary Lawrence “Larry” Summers as chairman of the Federal Reserve Board,Japan’s Nikkei newspaper said on Friday. The newspaper, quoting unnamed sources, said that Obama was “in the final stages” and moving toward naming Summers. Debate in Washington has focused on whether Obama will pick Summers or Fed Vice Chair Janet Yellen to succeed Ben Bernanke, whose term as head of the U.S. central bank expires in January. </div>
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<span style="font-size:14px;"><strong>Growth in G-20 Countries Accelerates</strong></span></div>
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Growth in the Group of 20 emerging and advanced economies accelerated in the second quarter of this year to 0.9 percent from 0.6 percent in the previous three month period, the OECD said last Thursday. Most G20 members saw growth pick up momentum in April through May, with Turkey posting the highest quarter-on-quarter expansion of 2.1 percent, said the Organisation for Economic Cooperation and Development. </div>
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<span style="font-size:14px;"><strong>China’s New Richest Man Worth $22 bn</strong></span></div>
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China’s new richest man -- real estate and hotel king Wang Jianlin -- is now worth $22 billion, up from $10.3 billion in 2012, according to the latest Wealth Report from the Hurun Research Institute and marketing firm GroupM Knowledge. Wang easily ousted China’s former No. 1, Zong Qinghou, who is now No. 2 with a net worth of $18.7 billion.</div>
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<span style="font-size:14px;"><strong>Plan for EU Financial Tax Found to be Illegal</strong></span></div>
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Legal advisers have cautioned 11 EU Governments that a proposal they are considering for a tax on financial transactions is illegal. The legal service that advises EU member states found that the suggested approach on which companies should be taxed is “discriminatory,” will probably distort competition, violates EU law and “exceeds member states’ jurisdiction for taxation,” according to a copy of the opinion published last week.</div>
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<span style="font-size:14px;"><strong>Australian Unemployment Highest in 4 Years</strong></span></div>
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<span style="font-size:14px;"><strong>Obama to Nominate Summers as Fed Chief </strong></span></div>
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US President Barack Obama will name former Treasury Secretary Lawrence “Larry” Summers as chairman of the Federal Reserve Board,Japan’s Nikkei newspaper said on Friday. The newspaper, quoting unnamed sources, said that Obama was “in the final stages” and moving toward naming Summers. Debate in Washington has focused on whether Obama will pick Summers or Fed Vice Chair Janet Yellen to succeed Ben Bernanke, whose term as head of the U.S. central bank expires in January. </div>
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<span style="font-size:14px;"><strong>Growth in G-20 Countries Accelerates</strong></span></div>
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Growth in the Group of 20 emerging and advanced economies accelerated in the second quarter of this year to 0.9 percent from 0.6 percent in the previous three month period, the OECD said last Thursday. Most G20 members saw growth pick up momentum in April through May, with Turkey posting the highest quarter-on-quarter expansion of 2.1 percent, said the Organisation for Economic Cooperation and Development. </div>
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<span style="font-size:14px;"><strong>China’s New Richest Man Worth $22 bn</strong></span></div>
<div>
China’s new richest man -- real estate and hotel king Wang Jianlin -- is now worth $22 billion, up from $10.3 billion in 2012, according to the latest Wealth Report from the Hurun Research Institute and marketing firm GroupM Knowledge. Wang easily ousted China’s former No. 1, Zong Qinghou, who is now No. 2 with a net worth of $18.7 billion.</div>
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<span style="font-size:14px;"><strong>Plan for EU Financial Tax Found to be Illegal</strong></span></div>
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Legal advisers have cautioned 11 EU Governments that a proposal they are considering for a tax on financial transactions is illegal. The legal service that advises EU member states found that the suggested approach on which companies should be taxed is “discriminatory,” will probably distort competition, violates EU law and “exceeds member states’ jurisdiction for taxation,” according to a copy of the opinion published last week.</div>
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<span style="font-size:14px;"><strong>Obama to Nominate Summers as Fed Chief </strong></span></div>
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US President Barack Obama will name former Treasury Secretary Lawrence “Larry” Summers as chairman of the Federal Reserve Board,Japan’s Nikkei newspaper said on Friday. The newspaper, quoting unnamed sources, said that Obama was “in the final stages” and moving toward naming Summers. Debate in Washington has focused on whether Obama will pick Summers or Fed Vice Chair Janet Yellen to succeed Ben Bernanke, whose term as head of the U.S. central bank expires in January. </div>
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<span style="font-size:14px;"><strong>Growth in G-20 Countries Accelerates</strong></span></div>
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<div>
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<span style="font-size:14px;"><strong>China’s New Richest Man Worth $22 bn</strong></span></div>
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China’s new richest man -- real estate and hotel king Wang Jianlin -- is now worth $22 billion, up from $10.3 billion in 2012, according to the latest Wealth Report from the Hurun Research Institute and marketing firm GroupM Knowledge. Wang easily ousted China’s former No. 1, Zong Qinghou, who is now No. 2 with a net worth of $18.7 billion.</div>
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<span style="font-size:14px;"><strong>Plan for EU Financial Tax Found to be Illegal</strong></span></div>
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<span style="font-size:14px;"><strong>Obama to Nominate Summers as Fed Chief </strong></span></div>
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US President Barack Obama will name former Treasury Secretary Lawrence “Larry” Summers as chairman of the Federal Reserve Board,Japan’s Nikkei newspaper said on Friday. The newspaper, quoting unnamed sources, said that Obama was “in the final stages” and moving toward naming Summers. Debate in Washington has focused on whether Obama will pick Summers or Fed Vice Chair Janet Yellen to succeed Ben Bernanke, whose term as head of the U.S. central bank expires in January. </div>
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<span style="font-size:14px;"><strong>Growth in G-20 Countries Accelerates</strong></span></div>
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<span style="font-size:14px;"><strong>China’s New Richest Man Worth $22 bn</strong></span></div>
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China’s new richest man -- real estate and hotel king Wang Jianlin -- is now worth $22 billion, up from $10.3 billion in 2012, according to the latest Wealth Report from the Hurun Research Institute and marketing firm GroupM Knowledge. Wang easily ousted China’s former No. 1, Zong Qinghou, who is now No. 2 with a net worth of $18.7 billion.</div>
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<span style="font-size:14px;"><strong>Plan for EU Financial Tax Found to be Illegal</strong></span></div>
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<span style="font-size:14px;"><strong>Australian Unemployment Highest in 4 Years</strong></span></div>
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<span style="font-size:14px;"><strong>Obama to Nominate Summers as Fed Chief </strong></span></div>
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US President Barack Obama will name former Treasury Secretary Lawrence “Larry” Summers as chairman of the Federal Reserve Board,Japan’s Nikkei newspaper said on Friday. The newspaper, quoting unnamed sources, said that Obama was “in the final stages” and moving toward naming Summers. Debate in Washington has focused on whether Obama will pick Summers or Fed Vice Chair Janet Yellen to succeed Ben Bernanke, whose term as head of the U.S. central bank expires in January. </div>
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<span style="font-size:14px;"><strong>Growth in G-20 Countries Accelerates</strong></span></div>
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<span style="font-size:14px;"><strong>China’s New Richest Man Worth $22 bn</strong></span></div>
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China’s new richest man -- real estate and hotel king Wang Jianlin -- is now worth $22 billion, up from $10.3 billion in 2012, according to the latest Wealth Report from the Hurun Research Institute and marketing firm GroupM Knowledge. Wang easily ousted China’s former No. 1, Zong Qinghou, who is now No. 2 with a net worth of $18.7 billion.</div>
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<span style="font-size:14px;"><strong>Plan for EU Financial Tax Found to be Illegal</strong></span></div>
<div>
Legal advisers have cautioned 11 EU Governments that a proposal they are considering for a tax on financial transactions is illegal. The legal service that advises EU member states found that the suggested approach on which companies should be taxed is “discriminatory,” will probably distort competition, violates EU law and “exceeds member states’ jurisdiction for taxation,” according to a copy of the opinion published last week.</div>
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<span style="font-size:14px;"><strong>Australian Unemployment Highest in 4 Years</strong></span></div>
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<span style="font-size:14px;"><strong>Obama to Nominate Summers as Fed Chief </strong></span></div>
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<span style="font-size:14px;"><strong>Growth in G-20 Countries Accelerates</strong></span></div>
<div>
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<span style="font-size:14px;"><strong>China’s New Richest Man Worth $22 bn</strong></span></div>
<div>
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<span style="font-size:14px;"><strong>Plan for EU Financial Tax Found to be Illegal</strong></span></div>
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<span style="font-size:14px;"><strong>Australian Unemployment Highest in 4 Years</strong></span></div>
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<span style="font-size:14px;"><strong>Obama to Nominate Summers as Fed Chief </strong></span></div>
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US President Barack Obama will name former Treasury Secretary Lawrence “Larry” Summers as chairman of the Federal Reserve Board,Japan’s Nikkei newspaper said on Friday. The newspaper, quoting unnamed sources, said that Obama was “in the final stages” and moving toward naming Summers. Debate in Washington has focused on whether Obama will pick Summers or Fed Vice Chair Janet Yellen to succeed Ben Bernanke, whose term as head of the U.S. central bank expires in January. </div>
<div>
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<span style="font-size:14px;"><strong>Growth in G-20 Countries Accelerates</strong></span></div>
<div>
Growth in the Group of 20 emerging and advanced economies accelerated in the second quarter of this year to 0.9 percent from 0.6 percent in the previous three month period, the OECD said last Thursday. Most G20 members saw growth pick up momentum in April through May, with Turkey posting the highest quarter-on-quarter expansion of 2.1 percent, said the Organisation for Economic Cooperation and Development. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>China’s New Richest Man Worth $22 bn</strong></span></div>
<div>
China’s new richest man -- real estate and hotel king Wang Jianlin -- is now worth $22 billion, up from $10.3 billion in 2012, according to the latest Wealth Report from the Hurun Research Institute and marketing firm GroupM Knowledge. Wang easily ousted China’s former No. 1, Zong Qinghou, who is now No. 2 with a net worth of $18.7 billion.</div>
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<span style="font-size:14px;"><strong>Plan for EU Financial Tax Found to be Illegal</strong></span></div>
<div>
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<span style="font-size:14px;"><strong>Australian Unemployment Highest in 4 Years</strong></span></div>
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