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Some key issues remain despite 'fiscal cliff' dealThe "fiscal cliff" deal that slowly, painfully took shape in the US Congress in recent days fulfills some of corporate America's tax policy goals, but leaves others unmet, including a big one - meaningful deficit More… |
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US Congress finally resolves 'fiscal cliff' dramaThe US Congress approved a rare tax increase on Tuesday that will hit the nation's wealthiest households in a bipartisan budget deal that stops the world's largest economy from falling into a deep fiscal crisis and rece More… |
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US targets oil shipping in new Iran curbsThe US Congress overwhelmingly passed a new package of sanctions against Iran that aims to punish banks, insurance companies and shippers that help Tehran sell its oil. The legislation, agreed to by senior lawmaker More… |
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Obama pushes payroll tax cutPresident Barack Obama will challenge the US Congress to preserve an expiring payroll tax cut on Tuesday as he travels to New Hampshire to seize the initiative in the wake of a collapsed effort to reduce the nation's budget deficit. With t More… |
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US firms entitled to Iraqi oil says tycoonOil tycoon T Boone Pickens told Congress that US energy companies are 'entitled' to some of Iraq's crude because of the large number of American troops that lost their lives fighting in the country and the US taxpayer money spent in Ir More… |
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US firms entitled to Iraqi oil says tycoonOil tycoon T Boone Pickens told Congress that US energy companies are 'entitled' to some of Iraq's crude because of the large number of American troops that lost their lives fighting in the country and the US taxpayer money spent in Ir More… |
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US congress set to pass $798bn stimulus planThe US Congress on Friday is expected to pass a $789 billion economic stimulus package that is aimed at unleashing large spending and tax cuts to help dig the economy out of a 14-month recession. The Democratic-controlled House of Represen More… |
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US bailout deal near; Bush to meet lawmakersUS Congress looked close to reaching a deal to approve a $700 billion plan to bail out the US financial system and President George W Bush called an emergency meeting for Thursday to hammer out details. The move toward a deal will likely c More… |
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Abu Dhabi presents Masdar vision to US panelAbu Dhabi’s vision to accelerate the widespread deployment of clean and affordable renewable energy was presented to the US Congress by Dr Sultan Al Jaber, CEO of Abu Dhabi’s Masdar Initiative today. Dr Al Jaber’s presentation came during More… |
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US Congress notified on Saudi arms saleThe Bush administration said it had notified Congress of plans to sell Saudi Arabia bomb-guidance kits as part of a multibillion-dollar package of advanced arms to Gulf Arab states. US officials see the arms sales helping counter growing I More… |
