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Why sanctions won’t stop North Korea

Jack Hands SPECIAL TO EMIRATES BUSINESS It was Libya in 2011 – the uprising against Colonel Muammar Gaddafi and the subsequent shocking scenes of a bloodied dictator reduced to waiting on his fate in a dusty street just west of Sirte – that reinforced North Korea’s long-held belief that the only way to truly deter an outside attack would be ...

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What the Fed will & won’t do this week

The Federal Reserve’s policy meeting this week will be closely watched, particularly after the stimulative measures taken by the European Central Bank last week. Here are some steps that U.S. central bankers will and won’t take, and particularly those of greatest interest to financial markets: n Fed officials will note the continued recovery of the U.S. economy, led by strong ...

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Stocks higher ahead of key central bank meet

TOKYO / AFP European stock markets rose on Monday, with Frankfurt hitting levels above 10,000 points, following a strong start to the week across Asia as traders looked ahead to more central bank action. The Bank of Japan started a two-day meeting on Monday, while the Federal Reserve and Bank of England also gather this week to decide over the ...

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