Annan urges free trade to help slash poverty
QUITO (Reuters): UNITED NATION'S. (U.N.) Secretary-General Kofi Annan yesterday urged rich and poor nations to overcome a rift in free trade negotiations to help fight poverty in the developing world.
US stocks retreat
NEW YORK (Reuters): UNITED STATES (U.S.) stocks sagged yesterday, as investors digested the market's heady rise to multi-month highs last week and considered the threat of higher interest rates amid signs that the economy is regaining steam.
No reason to change accommodative stance, says Fed's Moskow
PRAGUE (Reuters): CHICAGO FEDERAL Reserve President Michael Moskow yesterday said he saw no reason for the Fed to change its commitment to keep interest rates low for a considerable period.
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