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U.S. Weighs Sanctions Targeting Iran's Central Bank

Iran may soon face economic measures tougher than anything it has encountered before: The U.S. Congress is considering sanctions against the central bank of Iran, with the likely effect of limiting Iran's oil exports. But some analysts say the move could lead to a dangerous spike in oil prices.
NPR

A 'Holiday Greeting Card' To Financial Markets?

Guy Raz talks to Felix Salmon, a finance blogger for Reuters. Salmon explains Wednesday's actions by six central banks to improve access to U.S. dollars internationally.
NPR

Central Banks Act Sends Stock Markets Soaring

The major central banks of the world moved Wednesday to prevent a banking crisis in Europe. They're providing more liquidity to the European banking system in hopes that big banks there will remain solvent and continue to make loans. The coordinated move by the central banks sent stock markets soaring. But it will not even begin to fix Europe's fundamental economic problems.
NPR

In Myanmar, Clinton Tests Waters For Change

Secretary of State Hillary Clinton is in Myanmar, also known as Burma, to see if the county's leaders are serious about political reform. Myanmar has long been under international sanctions because of the repressive nature of the military junta that held power until recently. But there are signs that a new civilian government is loosening the military's grip.

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