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CARACAS (Reuters) - Venezuela took control of a local bank owned by Allen Stanford, who faces U.S. fraud charges, the finance minister said on Thursday, as the impact of the American case spread through Latin America.

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Could the Recession Be Good for Enterprise Software?

The recession has companies worldwide scrambling to rein in technology costs with desperate vendors responding in turn, offering deep license discounts, providing low-cost financing and proclaiming ever more shrilly that their products in fact save customers money.

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State Hillary Rodham Clinton and Chinese officials agreed Saturday to focus their governments’ efforts on stabilizing the battered global economy and combating   News widgets and RSS feeds on Feedzilla.com

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Could the Recession Be Good for Enterprise Software?

The recession has companies worldwide scrambling to rein in technology costs with desperate vendors responding in turn, offering deep license discounts, providing low-cost financing and proclaiming ever more shrilly that their products in fact save customers money.

  RSS and News widget on Feedzilla.com

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Frank-Walter Steinmeier, who is also vice-chancellor in the ruling coalition, made his comments after a report by Der Spiegel magazine said that the German finance ministry was looking at possible rescue measures for other euro zone states. One …

Greed is good as Hollywood cashes in on crisis - ninemsn
On the list of exciting topics for Hollywood executives, finance has never really rated that highly. Wall Street and American Psycho aside, films that venture into the realm of money have generally been less than inspiring: think Ewan MacGregor in …

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Germany: not working on euro-zone rescue - Forbes
Germanys Finance Ministry denied a report on Friday that it is working on possible rescue measures for troubled euro-zone countries, but advocated discussions within Europe on how to narrow widening bond spreads. The weekly Der Spiegel reported …

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Zimbabwe’s new unity government has started paying civil servants in US dollars to counter near worthless local salaries, Finance Minister Tendai Biti said Wednesday.

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Japan’s finance minister resigned in disgrace Tuesday after slurring his speech and nodding off during the G-7 summit in Rome last weekend in yet another political distraction as the world’s No. 2 economy battles an ever-deepening recession.

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Finance business helping economy (BBC News)

Jersey’s economy is not suffering as much as others because of the island’s investment management industry, says finance body.

Japan Finance Chief May Consider No-Interest Bonds (Update1) (Bloomberg)

Feb. 18 (Bloomberg) — Japan may consider issuing bonds aimed at encouraging households to save less and help fund spending in an economy heading for its worst postwar recession, newly appointed Finance Minister Kaoru Yosano said yesterday.

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