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    Last update: December 22, 2009

    +Hard to decouple from the US train
      With the US economic train slowing down, policymakers from Europe, Asia and Latin America want to show they can detach their regions from the US locomotive

    +Turkey fears send oil to record high
      Traders fear Ankara may launch an invasion of northern Iraq, in an attempt to crush Kurdish guerrillas, that would destabilise the Kurdistan region

    +Gore joint winner of Nobel peace prize
      Al Gore, former US vice president, and the UN climate panel have won the 2007 Nobel Peace Prize for raising awareness of the risks of climate change.

    +Respect Iran sanctions, US warns
      US tells China, Russia and other countries opposed to economic sanctions not to seize business opportunities left open by the departure of those respecting the sanctions regime

    +Kazakhs may buy back foreign listings
      The government should look into buying back shares of national companies listed abroad, President Nursultan Nazarbayev said, criticising international ratings agencies downgrades.

    +US home foreclosures double
      US home foreclosure filings doubled last month from a year ago and the nation's biggest mortgage lender said late payments rose, suggesting that the mortgage crisis is not abating

    +Tech sell-off halts global stock rally
      A global equities rally that carried Asian bourses to record highs ran out of steam during US trading as investors suddenly sold the technology shares that had spurred the market in recent weeks

    +Call for action on markets
      Central bankers and finance ministers are urged to take 'essential actions' to help financial markets regain their footing in the wake of the credit squeeze

    +The World Bank is back, says Palacio
      Zoellick's deputy reinforces message said that bank has emerged from the Wolfowitz scandal ready to play a dynamic role in development

    +Global warming recast as security issue
      Awarding the peace prize to the UN climate change panel shows how global warming has been recast from an environmental issue to one of international security.

    +Gore's star rises amid Nobel rumours
      Al Gore, the former US vice-president, overtook Barack Obama in a closely watched futures betting market on the next Democratic nominee fuelled by speculation that he would pick up the Nobel Peace Prize

    +Sensible first steps
      A hundred days is too short for transforming the world. But it's long enough for a new leader to decide where to take the World Bank

    +IEA warns on falling oil inventories
      The International Energy Agency, the western countries' energy watchdog, has warned of rapidly falling crude oil and products inventories ahead of the peak demand winter season

    +Tackling poverty a priority for Zoellick
      Robert Zoellick set out his vision for the World Bank as a "catalyst" for private and public action to extend the benefits of global integration to the poor and in doing so make globalisation more "inclusive and sustainable"

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