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Monday, November 28, 2011

U.S. Top News Early Edition: Germany, France press coercive euro zone debt rules

Reuters
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11/28/2011
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Germany, France press coercive euro zone debt rules
BERLIN/BRUSSELS (Reuters) - Germany and France stepped up a drive on Monday for coercive powers to reject national budgets in the euro zone that breach EU rules, as a market rout of European debt eased temporarily on hopes of outside help for Italy and Spain. | Full Article
Crisis threatens EU sovereign ratings: Moody's
November 28, 2011 05:34 AM ET
(Reuters) - Moody's Investors Service warned on Monday the rapid escalation of the euro zone sovereign and banking crisis threatens the credit standing of all European government bond ratings. | Full Article
Pakistan warns NATO attack threatens Afghanistan peace
November 28, 2011 08:33 AM ET
ISLAMABAD (Reuters) - Pakistan ratcheted up pressure on NATO on Monday over a cross-border attack that killed 24 Pakistani soldiers at the weekend, threatening to drastically reduce cooperation on peace efforts in Afghanistan. | Full Article
IMF denies in Italy aid talks
November 28, 2011 08:58 AM ET
ROME (Reuters) - Italy's prime minister faces a testing week as he seeks to shore up the country's strained public finances, with an IMF mission expected in Rome and market pressure building to a point where outside help may be needed to stem a full-scale debt emergency. | Full Article
Insight: Euro zone staring into the abyss, waiting for ECB
November 28, 2011 06:54 AM ET
BRUSSELS (Reuters) - The euro zone is staring into the abyss. | Full Article
BUSINESS NEWS
Wall Street soars at open on euro zone hopes
November 28, 2011 09:37 AM ET
NEW YORK (Reuters) - Stocks opened sharply higher on Monday on hopes that fresh proposals could be emerging out of Europe to help solve the region's debt crisis. | Full Article
Retail stocks up after strong holiday weekend
November 28, 2011 09:05 AM ET
(Reuters) - After a blockbuster performance over the long Thanksgiving weekend, U.S. retailers now must replicate the robust results in order to see profitable sales gains for the rest of the holiday season. | Full Article
Euro zone crisis biggest threat to global economy: OECD
November 28, 2011 09:23 AM ET
PARIS (Reuters) - The euro zone's debt crisis has become the biggest threat to the global economy and a break up of the currency zone can no longer be ruled out, the OECD said on Monday, slashing its forecasts and urging the ECB to play a bigger role in defusing the crisis. | Full Article
Analysis: In a close-knit world, frontier debt loses out
November 28, 2011 07:45 AM ET
LONDON (Reuters) - The escape route from risky peripheral euro zone debt into higher-yielding emerging markets is becoming increasingly tortuous, as the debt crisis marries the performance of all assets closer together. | Full Article
Thomas Cook faces battle to regain confidence
November 28, 2011 07:37 AM ET
LONDON (Reuters) - Thomas Cook faces an uphill task to restore the confidence of customers and investors ahead of the new year booking season after revealing a 30 percent drop in UK sales in the days following news of its financial troubles. | Full Article
HEALTH NEWS
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