/ Oct 8, 2013

Greenback rises on TSE rebound

The dollar rose above ¥97 in Tokyo trading Tuesday thanks to buybacks triggered by a rebound in Tokyo stock prices, but its topside was capped by concerns over the continued U.S. political stalemate. At 5 p.m., the dollar stood at ¥97.08-10, up from ¥96.91-92 ...

Deep political divisions at root of U.S. shutdown

/ Oct 6, 2013

Deep political divisions at root of U.S. shutdown

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The government shutdown did not happen by accident. It is the latest manifestation — an extreme one by any measure — of divisions long in the making and now deeply embedded in the country’s politics. At some point, presumably, the current standoff will end. ...

/ Oct 2, 2013

GOP disappoints big-business backers

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In 2010 and again in 2012, companies on Main Street and Wall Street did just about everything they could to help Republicans win elected office in Washington. But this week, many of those Republicans ignored pleas from corporate America and let the government shut ...

World perplexed by U.S. shutdown

/ Oct 1, 2013

World perplexed by U.S. shutdown

As the U.S. government creaked toward a shutdown Monday, the world looked on with a little anxiety and a lot of dismay, and some people had trouble suppressing smirks. “To be honest, people are making a lot of jokes,” said Justice Malala, a political ...