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The dollar peg conundrum: To drop or not to drop?
Many emerging economies are running record high inflation, but their central banks cannot deliver interest rate increases because of the dollar peg.
International Herald Tribune

Sharjah Islamic Bank and CNS launch first disabled-enabled ATM in the Middle East
CNS, the United Arab Emirates' (UAE) foremost technology integrator and managed services firm, and Sharjah Islamic Bank (SIB), announced the launching of the bank's first disabilities-enabled Automated Teller Machines (ATM) in the Middle East.
AME Info

Job growth in the Southwest is cooling, Dallas Fed says
Although economic growth in the Southwest region outpaced the nation in April and May, the regional economy continued to slow, reports the Federal Reserve Bank of Dallas.
BizJournals

EUR/USD: How To Trade The ECB Rate Decision On Thursday
On Thursday at 7:45 EDT, the European Central Bank is widely expected to raise interest rates by 25 basis points to a nearly 7-year high of 4.25 percent....
dailyfx.com

Bank merger in doubt as shares dip
SHARES in St George Bank are edging into alignment with the terms offered by suitor Westpac, with the target's premium now at its narrowest since the takeover was announced in May.
The Australian

Dollar mixed ahead of ECB, jobs report
The dollar was mixed against major currencies Wednesday as investors await the European Central Bank's decision on interest rates and the latest unemployment numbers from the U.S. Department of Labor.
CNN Money

Equifax Closes Russia Transaction (PR Newswire)
Equifax today confirmed it has completed its acquisition of a 28 percent equity stake in Global Payments Credit Services LLC , a leading credit information company in Russia. Equifax is acquiring its interest from Global Payments Europe, s.r.o., a subsidiary of Global Payments Inc. , and Home Credit & Finance Bank of Russia .
yahoo.com

UAE markets end mixed
The Dubai Financial Market on Wednesday lost 9.06 points, or 0.16%, to close on 5,531. Ajman Bank was the day's big gainer, up 14.86. Meanwhile, the Abu Dhabi Securities Exchange gained 53.14 points, or 1.05%, to finish on 5,096.
AME Info

Online Forex Trading For the Budding Forex Trader
Forex is the biggest financial market that has a daily turnover of US$3.2 trillion. It's quite easy to learn forex and then operate in the market. There are a number of free tutorials that are available on the internet that can be used. Many of the software and forex readers also provide a practice account for beginners to learn forex.
ezinearticles.com

Bean says economy facing most challenging time since 1990s
LONDON (Reuters) - The economy is facing its most challenging time since the early 1990s or even earlier as policymakers are grappling with two conflicting risks, Bank of England Deputy Governor Charl...
The UK News

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