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Billionaire hedge-fund manager John Paulson gives the the euro a 50 per cent chance survival rate.
CNOOC’s Nexen bid an indication of how far goal posts have moved
CNOOC Ltd.’s blockbuster deal for Nexen Inc. is a stark indication of how far the goal posts have moved not only for Canada’s oil patch, but also for world oil demand, says Jeff Rubin.
The Nexen deal is also a signal that even the most important members in the Canadian oil patch are vulnerable.
And the question on everyone’s lips is, who’s next?
U.S. Congress goes digging in Libor affair
Congress is pressing the Federal Reserve Bank of New York to further disclose its knowledge of the multi-year scheme.
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