Friday 28 November 2014
 
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US Congress

Some key issues remain despite 'fiscal cliff' deal

  The "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

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US Congress finally resolves 'fiscal cliff' drama

  The 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

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US targets oil shipping in new Iran curbs

The 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

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Obama pushes payroll tax cut

President 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

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US firms entitled to Iraqi oil says tycoon

Oil 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

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US firms entitled to Iraqi oil says tycoon

Oil 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

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US congress set to pass $798bn stimulus plan

The 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

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US bailout deal near; Bush to meet lawmakers

US 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

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Abu Dhabi presents Masdar vision to US panel

Abu 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

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US Congress notified on Saudi arms sale

The 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

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