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EU summit ends without budget deal

Submitted by Fox First at Ten on November 22nd

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

Submitted by Fox First at Ten on November 22nd

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

Submitted by Fox First at Ten on November 22nd

Eased Myanmar sanctions no gold rush for US firms

Submitted by Fox First at Ten on November 22nd

EU nations head into tough budget summit

Submitted by Fox First at Ten on November 22nd

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

Gold higher on Greece limbo

Submitted by Fox First at Ten on November 21st

By STEVE ROTHWELLAP Business Writer Precious metals advanced Wednesday after the European Union failed to agree on more Greek aid and traders greeted news of a cease-fire between Israel and Hamas militants with skepticism. Gold for December delivery rose $4.60, or 0.3 percent, to finish at $1,

UN Security Council suspends Gaza debate

Submitted by Fox First at Ten on November 21st

By PETER JAMES SPIELMANNAssociated Press UNITED NATIONS (AP) - With a cease-fire announced in the Gaza crisis, the U.N. Security Council called off a formal open debate that had been scheduled for Wednesday afternoon. The council had been silent since Israel launched air raids on Hamas in Gaza

News Summary: Sandy boosts US jobless data

Submitted by Fox First at Ten on November 21st

By The Associated Press SANDY SPARKS LAYOFFS: U.S. unemployment benefit applications were elevated for a second straight week because Superstorm Sandy forced many people to seek temporary aid. First-time applications fell 41,000 last week to a seasonally adjusted 410,000, the Labor Department

How states fared on jobless aid applications

Submitted by Fox First at Ten on November 21st

By The Associated Press The number of people seeking U.S. unemployment aid remained elevated for a second straight week because Superstorm Sandy forced many people to seek temporary benefits. The Labor Department said Wednesday that first-time applications for benefits fell by 41,000 last week

UN report: Rwanda commanding Congo rebel force

Submitted by Fox First at Ten on November 21st

By ALEXANDRA OLSON and PETER JAMES SPIELMANNAssociated Press UNITED NATIONS (AP) - The Rwandan military is commanding and supporting the rebel force that overtook a major city in eastern Congo this week, a United Nations report released Wednesday said. Uganda is also providing more subtle but