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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Nov 20, 2010
Page
6
EU experts probe Ireland's bank books as bailout terms loom. Ireland's low business tax drew 1000 multinationals in a decade but may be sacrificed to secure aid. The Irish rescue frames Europe’s debt crisis, while GM stock rebounds 0.2 percent to 34.26 after resuming trading.
The Dow adds 22.32 to 11 203.55 while Nasdaq 100 climbs to 2 518.12 and S P 500 slips 3.04 to 1 199.73. Treasury yields edge down 0.03 to 4.25 percent. Corn falls 21 cents to 5.35, soybeans drop 40.5 cents to 12.02, wheat down 0.75 cent to 710, oil retreats 34 cents to 81.51.
Federal Reserve Chairman Ben Bernanke pushes China to raise its currency and urges Congress to enact more stimulus as he defends the 600 billion bond-buying program. Critics warn of inflation and loss of independence, while supporters say bold steps are needed to revive growth and jobs.
In an NBC interview Charles raises the possibility of Camilla becoming queen when he ascends the throne. The remark follows William's engagement to Kate Middleton, amid lingering public sensitivity over Camilla's royal title and her marriage to Charles.
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