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Maserati recalls 7,438 vehicles
LONDON, Jan. 10 (UPI) -- The Bank of England said Thursday that it would keep its overnight lending rate and its asset purchasing program intact.
The central bank said its lending rate would remain at 0.5 percent and it would continue with its $604 billion target for asset purchases.
The BOE dropped its lending rate to the historic low of 0.5 percent in March 2009. The asset purchasing program was first announced in the same month and extended by $80.5 billion in July 2012.
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MOSCOW, May 24 (UPI) --
Russia's decision to suspend its use of an Azerbaijani oil pipeline isn't the result of political tensions, Foreign Minister Sergei Lavrov says.
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MANILA, May 24 (UPI) --
The Philippines is determined to spend $1.8 billion on military upgrades -- mostly naval -- to protect the country against "bullies" in its territorial waters.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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