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Republicans Said to Plan Debt-Limit Measure Amid Shutdown

House Republican leaders plan to bring up a measure to raise the U.S. debt-limit as soon as next week as part of a new attempt to force President Barack Obama to negotiate on the budget, according to three people with knowledge of the strategy.

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Bernanke: Brief Welcoming Remarks

I would like to welcome everyone to the inaugural Community Banking Research and Policy Conference, co-sponsored by the Federal Reserve System and the Conference of State Bank Supervisors (CSBS).

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Bank Of England May Raise Rates Next Year, Dale Says

The Bank of England may raise interest rates as early as next year if there was stronger than expected growth and weak productivity, policymaker Spencer Dale said in an interview published in the U.K. daily Guardian on Thursday.

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Bitcoin Prices Plunge on Bust of Online ‘Black Market’

The price of Bitcoins listed on the Bitstamp Ltd. exchange plunged as much as 33 percent after charges were unsealed for the operator of an online marketplace for drugs and other illicit goods.

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Draghi Seen Putting Words Before Action on ECB Policy

Mario Draghi is likely to rely on the power of his voice rather than new policies to steer Europe’s banks through the early stages of an economic recovery.

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Boehner Says Obama Refused Budget Negotiations in Meeting

House Speaker John Boehner said President Barack Obama refused to negotiate in a meeting with top congressional leaders about the government shutdown, signaling a lack of progress on resolving the fiscal impasse.

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China, Germany Criticized by U.S. for Current-Account Imbalances

The U.S. reiterated its complaints that China’s yuan hasn’t strengthened as fast as needed and criticized Germany for its current-account surplus in a report yesterday.

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Treasury Uses Final Measures to Avoid Debt Limit Breach

The U.S. has begun using the final extraordinary measures to avoid breaching the nation’s debt limit, Treasury Secretary Jacob J. Lew said as he urged Congress to increase borrowing authority “immediately.”

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Emerging Asia Forecasts Cut Amid Fed Taper Concern: Economy

A slowdown in China and India is reverberating across the region with the Asian Development Bank forecasting easing expansion this year, putting pressure on policy makers to take steps to bolster their economies.

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