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Currency War

Syrian official estimates civil war losses at $15 billion
triblive.com

When the conflict began, the government had about $17 billion in foreign currency reserves. Those have dropped from blows to two main pillars of the economy: oil exports, which used to bring in up to $8 million per day, and tourism, which in 2010 …

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Special Report: The Bundesbank's fight to be heard
www.reuters.com

Seated two places to the right of ECB President Mario Draghi in the grand, gilded room was Jens Weidmann, chief of Germany's Bundesbank and, in his country's post-war tradition, an inflation-fighting hardliner. … "A stable currency," he told Reuters.

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Celebrations as Croatia becomes the 28th country to join the EU
www.abc.net.au

For Croatia, it's a remarkable milestone, given the country was in the middle of a brutal war of independence just two decades ago. But the celebrations have been overshadowed by Croatia's economic woes, leading some to question joining a bloc … For …

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War causes $15 billion in losses, says Syrian official
www.arabtimesonline.com

AMMAN, Jordan, June 30, (Agencies): More than two years of fighting in Syria's civil war has damaged some 9,000 state buildings and run up $15 billion in losses to the public sector, a government minister said Sunday, shining a light on the devastating …

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Old-time price war? Not so much
www.autonews.com

Fears that the auto industry could become embroiled in an old-fashioned price war have fizzled. Automakers are holding firm in their post-recession pricing discipline, even as rising demand, rapid production increases and currency fluctuations create …

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Syrian War Cost Up To $15 Billion In Losses, Official Says
www.huffingtonpost.com

When the conflict began, the government had some $17 billion in foreign currency reserves. Those have dropped from blows to two main pillars of the economy: oil exports, which used to bring in up to $8 million per day, and tourism, which in 2010 earned …

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War costs Syira US$15 billion
www.3news.co.nz

When the conflict began, the government had some $17 billion in foreign currency reserves. Those have dropped from blows to two main pillars of the economy: oil exports, which used to bring in up to $8 million per day, and tourism, which in 2010 earned …

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Syrian official: War has cost $15 billion in losses
www.haaretz.com

Earlier this month, the Syrian currency plunged to a new record low following a U.S. decision to arm rebel groups fighting to topple Assad. The Syrian pound currently trades at an average of around 200 to the dollar, compared with 47 before the crisis.

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Croatia becomes 28th European Union member
www.bbc.co.uk

It comes almost two decades after Croatia's brutal war of independence. … Concerns about Croatian corruption and organised crime remain among some EU leaders, and Croatia will not yet join the single currency nor the visa-free Schengen zone.

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