Middle East Economy
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Wal-Mart Lists India, China Among The Most Corrupt Nations
June 13 2012 6:46 AM
Wal-Mart lawyers have identified India, China, South Africa, Brazil and Mexico as the most corrupt countries, according to a letter from two congressmen investigating the bribery charges leveled against the company.
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US Tightens Economic Noose On Iran, But China Wants No Part
June 12 2012 1:01 PM
The U.S. singled out China on Monday in its effort to push the international community to place additional economic pressure on Iran.
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OPEC Meeting Preview - Five Things You Should Know
June 12 2012 8:36 AM
Leaders of the world's 12-member crude oil cartel gather this week in Vienna to discuss and perhaps set a production ceiling for the group in what is expected to rubber stamp the current state of affairs. It is also expected to feature a fierce tug-of-war between Saudi Arabia, the cartel's dominant producer, and Iran.
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Facebook Falls Again: 3 Week Loss Is $48 Billion
June 07 2012 4:56 PM
Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, fell nearly 2 percent on Thursday, exactly three weeks after the company took in $16 billion in its initial public offering.
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Clinton Talks Peace, Democracy, Security And Oil In South Caucasus Tour
June 06 2012 9:54 AM
Clinton is scheduled to meet with Azerbaijani President Ilham Aliyev and attend an energy forum. Azerbaijan is an increasingly important oil producer and a crucial regional Western ally against Iran.
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Air India Gets Cash Boost Of $215 Million To Pay Salaries, Dues
June 05 2012 7:02 AM
In an effort to revive the debt-ridden Air India, the government pumped in Rs. 1,200 crore ($215 million) as equity on Monday, to be put to use in paying employee salaries and vendor dues.
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Big Data? Vast Majority Isn?t Prepared, New Survey Shows
June 05 2012 6:30 AM
Global enterprises are aware of the coming of so-called ?Big Data,? or the trillions of bytes of electronic data flowing through the Cloud and Internet.
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Sneaking Your Money Across Borders: Capital Flight On The Rise
June 04 2012 4:24 PM
An increasing number of people are trying more ways to sneak money out of countries that are buckling under the weight of the world's almost daily financial crises.
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Clinton In Armenia To Urge Peace Talks With Azerbaijan
June 04 2012 10:56 AM
She will journey to Georgia on Tuesday, travel to Azerbaijan on Wednesday, and then move on to Turkey.
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As Israel And Cyprus Ally Over Energy, The Rest Of The Region Feels The Aftershock
June 02 2012 3:02 PM
The recent discoveries of gas in the eastern Mediterranean creates a whole new energy paradigm for two nations -- Cyprus and Israel -- which formerly were believed to possess no natural resources at all. Their subsequent alliance has further upset the geopolitical balance in the Near East.
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Post-Arab Spring Travel And Tourism In The Middle East: A Country-By-Country Look
June 01 2012 11:03 AM
It has been 18 months since the Arab Spring swept through the Middle East, and, while some nations have emerged with a renewed spirit, others have plunged into daily violence. Here's a country-by-country look at travel and tourism in the region as it stands now.
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Iraq Pressures Western Oil Companies In Dispute With Kurdistan
May 30 2012 8:42 AM
Iraqi officials on Tuesday said their country's next oil lease auction will not allow companies to sign contracts with Iraq's semi-autonomous northern region of Kurdistan.
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