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More Reports Surface on Swiss Probe of Salameh and His Brother

From the British Virgin Islands to Geneva, Swiss prosecutors are tracking the suspected fund movements of Lebanon's central bank chief Riad Salameh, a Swiss newspaper reported Tuesday.

The Swiss attorney general's office said in January it was investigating "aggravated money laundering... in connection with possible embezzlement to the detriment of" the Lebanese central bank. It said it had requested judicial assistance from Lebanon.

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Tech Climbs as Wall Street Ponders Vaccines Woes, CPI

Tech stocks rose in early U.S. trading, as investors pondered a pause in the rollout of Johnson & Johnson's Covid-19 vaccine and data showing an uptick in inflation.

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Egypt 'Seizes' Suez Megaship, Demands Nearly $1 Billion Compensation

The megaship which blocked Egypt's Suez Canal and crippled world trade for nearly a week has been "seized" on court orders until the vessel's owners pay $900 million, canal authorities said Tuesday.

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Syrian President Sacks Central Bank Governor

The Syrian president on Tuesday dismissed central bank governor Hazem Karfoul whose three-year tenure coincided with a severe economic crisis.

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Markets Mostly Rise before U.S. Inflation, Bitcoin Hits Record Peak

Asian and European stocks markets mostly rose Tuesday, as investors geared up for vital US inflation data and earnings, while bitcoin powered to a record peak on the eve of a key IPO.

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UK Economy Advances despite Lockdown, as Trade Picture Improves

Britain's economy rebounded slightly in February despite coronavirus curbs while exports of goods to the European Union recovered a bit more, data showed Tuesday, sparking optimism over the outlook.

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Cryptocurrencies: a $2.0-Trillion Market

The cryptocurrency market has grown exponentially in 2021 and is now worth a staggering $2.0 trillion as it increasingly attracts interest from big names on Wall Street.

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U.S. Posts Record Deficit through March on Pandemic Spending

The U.S. government posted a record deficit in the six months ended in March, a 130 percent surge reflecting the impact of pandemic stimulus spending, the Treasury Department said Monday.

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Biden Walks Tightrope with Bipartisan Talks on $2 Trillion Infrastructure Bill

U.S. President Joe Biden holds a rare meeting Monday with opposition Republican lawmakers, as well as Democratic allies, to push his more than $2 trillion infrastructure bill -- a daring bid to rebuild the United States and cement his place in history.

The White House meeting between Biden and eight members of Congress is being stage managed to show that the new president has made good on his promise to end the divisiveness that turned Washington into a permanent dog fight under Donald Trump.

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Biden Calls Settlement between Korean Battery Makers a 'Win' for U.S.

U.S. President Joe Biden on Sunday welcomed a last-minute agreement ending a trade dispute between two South Korean electric-vehicle battery makers that he said represented "a win for American workers and the American auto industry." 

The deal between industrial giants SK Innovation and LG Energy Solution was also seen as a victory for Biden as he presses for a quick embrace of electric vehicles as a key element in combating climate change. 

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