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US sends forces to Jordan as check on Syria

Submitted by Fox First at Ten on October 10th

By KARIN LAUB and LOLITA C. BALDORAssociated Press BRUSSELS (AP) - The United States has sent troops to Jordan to bolster its military capabilities in the event Syria's civil war escalates, U.S. Defense Secretary Leon Panetta said Wednesday, reflecting U.S. concerns about the conflict

Political objections derail European defense deal

Submitted by Fox First at Ten on October 10th

By SARAH DiLORENZO and SYLVIA HUIAssociated Press LONDON (AP) - A deal to create a European defense and aerospace giant to rival Boeing Co. collapsed Wednesday when BAE Systems and EADS NV called off merger talks in the face of government objections. The companies said they had "decided to

Spain minister plays down IMF report

Submitted by Fox First at Ten on October 9th

By CIARAN GILESAssociated Press MADRID (AP) - Spain's economy minister played down the International Monetary Fund's forecast that the Spanish economy will contract by 1.3 percent next year - more than double its previous predictions - saying Tuesday that the forecast is not written in

Afghan war enters 12th year

Submitted by Fox First at Ten on October 7th

By AMIR SHAH and DEB RIECHMANNAssociated Press KABUL, Afghanistan (AP) - Nobody wants a repeat of the bloody ethnic fighting that followed the Soviet exit from Afghanistan in the 1990s - least of all 32-year-old Wahidullah who was crippled by a bullet that pierced his spine during the civil war

Spain quip adds to Romney's foreign policy trouble

Submitted by Fox First at Ten on October 7th

By BRADLEY KLAPPERAssociated Press WASHINGTON (AP) - If Mitt Romney becomes president, he might need a crash course in Diplomacy 101. He irritated Britons and Palestinians during a summer tour abroad and has declared Russia to be America's No. 1 geopolitical foe. Just last week, the

Iran rulers eye currency mess from protected perch

Submitted by Fox First at Ten on October 7th

By BRIAN MURPHYAssociated Press DUBAI, United Arab Emirates (AP) - Just as Iran's currency was rattling near bottom after a stunning free fall, officials in Tehran opened a trade exhibition that included advanced engineering tools, heavy machinery and robotics. Nearly every Iranian booth

Feds throw support behind lawsuit against JPMorgan

Submitted by Fox First at Ten on October 2nd

By PETE YOSTAssociated Press WASHINGTON (AP) - The federal government on Tuesday threw its support behind a lawsuit against JPMorgan Chase accusing Bear Stearns, the investment bank JPMorgan bought in 2008, of engaging in massive fraud in deals involving billions in residential mortgage-backed

Report wants EU banks to ring-fence risky business

Submitted by Fox First at Ten on October 2nd

By SARAH DiLORENZOAP Business Writer BRUSSELS (AP) - Europe's fragile banking system should be protected by building a firewall between a lender's retail operations and its more risky trading activities and forcing executives to take losses when their banks fail, according to an expert

NY AG sues JPMorgan over Bear Stearns securities

Submitted by Fox First at Ten on October 1st

NEW YORK (AP) - The New York attorney general's office has hit JPMorgan Chase & Co. with a civil lawsuit, alleging that investment bank Bear Stearns - prior to its collapse and subsequent sale to JPMorgan in 2008 - perpetrated massive fraud in deals involving billions in residential

NY AG sues JPMorgan over Bear Stearns securities

Submitted by Fox First at Ten on October 1st