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Brazil's President Dilma Rousseff attends a signing ceremony for the expansion of tax credit for Brazilian States at the Planalto Palace in Brasilia

Brazilian President Hits Obama On Monetary Policy

Brazilian president Dilma Rousseff said she used an official visit to President Obama to press her concern that monetary policy pursued by the U.S. and Europe was inhibiting Brazil's economic growth.

Plaza Hotel May Sell For $600M To India's Sahara Group

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India's Sahara Group is eyeing New York City's iconic Plaza Hotel after Israeli owners at El Ad Properties have offered to sell the landmark for $600 million. According to the Economic Times, the Sahara group has already paid a 10 percent down payment for the 105-year-old building following exclusive negotiations between the two real-estate conglomerates. Furthermore, Sahara's founder, Subrata Roy, has made an all-cash offer through Aamby, a Mauritius-based subsidiary, according to the ...
Gold Bullion from the American Precious Metals Exchange (APMEX) is seen in New York, September 15, 2011.

Gold Prices Rise More Than 1% On Monetary Easing Hope

Gold prices rose more than 1 percent on Monday, recovering from last week's hefty drop after disappointing U.S. jobs data revived hopes for fresh monetary easing and a spike in Chinese inflation boosted appetite for the metal.
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Indian Finance Minister Pranab Mukherjee is accused of proposing a timid budget that fails to tackle the country’s structural problems

India's Jewelers End Gold Strike

India's gold-jewelry traders, the largest buyers of bullion, called off a 21-day strike after Finance Minister Pranab Mukherjee agreed to consider rolling back recent increases in gold taxes.
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After Jobs Act, Case turns focus to immigration

As he gathers with other movers and shakers at the White House on Thursday afternoon to witness President Barack Obama's signing of the Jobs Act, AOL Inc co-founder Steve Case is already thinking ahead to the next cause he can help champion behind the scenes: immigration reform.
Cannington silver mine

Gold Prices Inch Up From 3-Month Low

Gold inched higher on Thursday after falling to a near three-month low the previous day as weaker prices tempted some buyers, but gains were capped by a stronger dollar and fading hopes for a fresh round of monetary stimulus in the United States.
Gold bars in Hong Kong

Gold Plunges On ECB Comments That Boosted Dollar

Gold prices hit their lowest since early January on Wednesday as comments from the European Central Bank lifted the dollar to three-week highs against the euro, accelerating a fall sparked by declining expectations of more U.S. monetary easing.
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$100 Million Sought as New Discrimination, Immigration Violations Complaint Filed against L&T

In a new twist to the class claims lawsuit against India-based conglomerate Larsen & Toubro and its U.S. subsidiary L&T Infotech, an amended complaint has been filed to include yet another former female employee of the company who has alleged gender and pregnancy discrimination, and has also outlined in detail massive immigration violations that the company was indulging in.
Manmohan Singh

India Terms Military Coup Rumors As 'Alarmist' And 'Baseless'

Responding to the bombshell of a story carried by an Indian newspaper on the suspicious military movements insinuating a military coup, Prime Minister Monmohan Singh Wednesday said that the reports were alarmist and should not be taken at face value.
Gold pellets

Gold Prices Hold Near $1,675

Gold held near $1,675 an ounce on Tuesday as investors took to the sidelines ahead of the release of minutes from the Federal Reserve's latest policy meeting, which will be closely watched for clues on the direction of monetary policy.

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