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Drumbeat: May 22, 2013

May 22, 2013
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Oil-Fixing Probe Accelerates as EU Asks Traders for Help The investigation into possible oil-price fixing gathered pace as trading houses from Glencore Xstrata Plc, the $70 billion mining firm, to Gunvor Group Ltd. were asked to provide information to …

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Weiner says he is running for NY mayor

May 22, 2013
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Ex-congressman who was disgraced two years ago in a scandal over raunchy tweets looks to resurrect his career in New York politics

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Shares mixed ahead of Fed testimony

May 22, 2013
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Japan stocks lead rally, with investors waiting for Federal Reserve chairman Ben Bernanke’s testimony before Congress later in the day

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Oil below $96 before crude stocks report, Fed

May 22, 2013
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The price of oil fell Wednesday as investors waited for a report on U.S. crude stocks and the Federal Reserve’s latest views on the U.S. economy.

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IMF tones down UK criticism

May 22, 2013
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While the IMF made several recommendations to the UK in its annual report on the economy it did not repeat its April criticism of Mr Osborne’s fiscal strategy

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BoJ holds off on fresh monetary easing

May 22, 2013
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Japan’s central bank decides against fresh monetary easing, judging measures already taken to stimulate growth enough to revive the economy

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