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Cyprus bailout talks make 'good progress'

Cyprus bailout talks make 'good progress'
By MENELAOS HADJICOSTISAssociated Press NICOSIA, Cyprus (AP) - Cyprus' potential international creditors said Friday they have made "good progress" in negotiations on a possible bailout for the crisis-hit country. Despite earlier hopes that a deal was imminent, representatives from the so-

Analysis: With cease-fire, US pins hopes on Egypt

Analysis: With cease-fire, US pins hopes on Egypt
By BRADLEY KLAPPER and MATTHEW LEEAssociated Press WASHINGTON (AP) - In Egypt we trust. In frantic diplomacy, the Obama administration helped seal a cease-fire that puts heavy responsibility on Egypt's young Islamist government to ensure the end of Hamas rockets from the Gaza Strip. If

INFLUENCE GAME: Election over, campaign continues

INFLUENCE GAME: Election over, campaign continues
By STEPHEN OHLEMACHERAssociated Press WASHINGTON (AP) - The election may be over, but a new campaign is being waged in the nation's capital as lobbyists, advocates and trade groups fight to shape the government's response to the looming fiscal cliff. It's a twist on the usual

Cyprus 'very close' to signing bailout deal

Cyprus 'very close' to signing bailout deal
By MENELAOS HADJICOSTISAssociated Press NICOSIA, Cyprus (AP) - Cyprus is "very close" to signing an agreement with potential creditors for a bailout to support its troubled banks and pay its bills, the crisis-hit country's president said Thursday. President Dimitris Christofias said that

EU summit ends without budget deal

EU summit ends without budget deal
By CARLO PIOVANO and DON MELVINAssociated Press BRUSSELS (AP) - A summit of the European Union's 27 national leaders, charged with agreeing on a long-term budget for the bloc, broke up Friday afternoon without being able to reach a deal. Coming just days after the 17 eurogroup finance

EU summit ends without budget deal

EU summit ends without budget deal
By CARLO PIOVANO and DON MELVINAssociated Press BRUSSELS (AP) - A summit of the European Union's 27 national leaders, charged with agreeing on a long-term budget for the bloc, broke up Friday afternoon without being able to reach a deal. Coming just days after the 17 eurogroup finance

Eased Myanmar sanctions no gold rush for US firms

Eased Myanmar sanctions no gold rush for US firms
By ERIKA KINETZAP Business Writer YANGON, Myanmar (AP) - Signs of a boom abound in Myanmar. Flights to Yangon are full, hotel rooms booked solid. Foreign bars are packed with well-fed Westerners in khakis and jeans, 21st century prospectors drawn to this golden frontier. Myanmar got a further

Eased Myanmar sanctions no gold rush for US firms

Eased Myanmar sanctions no gold rush for US firms
By ERIKA KINETZAP Business Writer YANGON, Myanmar (AP) - Signs of a boom abound in Myanmar. Flights to Yangon are full, hotel rooms booked solid. Foreign bars are packed with well-fed Westerners in khakis and jeans, 21st century prospectors drawn to this golden frontier. Myanmar got a further

Eased Myanmar sanctions no gold rush for US firms

Eased Myanmar sanctions no gold rush for US firms
By ERIKA KINETZAP Business Writer YANGON, Myanmar (AP) - Signs of a boom abound in Myanmar. Flights to Yangon are full, hotel rooms booked solid. Foreign bars are packed with well-fed Westerners in khakis and jeans, 21st century prospectors drawn to this golden frontier. Myanmar got a further

EU nations head into tough budget summit

EU nations head into tough budget summit
By RAF CASERTAssociated Press BRUSSELS (AP) - Leaders from around Europe arrive in Brussels Thursday for what promises to be a turbulent summit on the budget for the 27-country European Union. And for once, Britain will be at the heart of the debate. In a battle pitting several wealthy member