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George Osborne's attempt to slash £11.5bn off public spending in election year has run into cabinet trouble, after ministers identified only £2.5bn in cuts to their budgets.
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WASHINGTON, May 18- Cybersecurity professionals know a myriad of ways hackers can try to wreak havoc on critical infrastructure or infiltrate corporations to steal or spy, but it is the fear of the unknown that some say keeps them up at night.
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LONDON/ WASHINGTON, May 17- A European probe into possible oil price manipulation expanded with the investigation of a small niche trading house in the Netherlands and a key U.S. senator on Friday called for the Justice Department to join the investigation.
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NEW YORK, May 17- Oil climbed for a third straight session on Friday, supported by a raft of strong economic data from top oil consumer the United States that also boosted U.S. equities, although a strong dollar limited gains in oil prices.
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LONDON, May 17- The coveted investment grade rating has arrived in Turkey and foreign capital may follow- possibly a lot of it. An investment grade rating, which Moody's gave Turkey on Thursday, potentially opens Turkey to more conservative funds. "This could bring a whole new investor base to Turkey," says Tim Ash, head of emerging markets research at Standard Bank.
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LONDON, May 17- The coveted investment grade rating has arrived in Turkey and foreign capital may follow- possibly a lot of it. An investment grade rating, which Moody's gave Turkey on Thursday, potentially opens Turkey to more conservative funds. "This could bring a whole new investor base to Turkey," says Tim Ash, head of emerging markets research at Standard Bank.
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NEW YORK, May 17- Oil climbed for a third straight session on Friday, supported by a raft of strong economic data from top oil consumer the United States that boosted U.S. equities, although a strong dollar limited gains in oil prices.
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*Iraq- Turkey oil pipeline stops again- source. LONDON, May 17- Oil climbed towards $105 a barrel on Friday, rebounding from an earlier decline and heading for a small weekly gain, although concern about the strength of demand growth limited the rise.
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*Iraq- Turkey oil pipeline stops again- source. LONDON, May 17- Oil edged above $104 a barrel on Friday, rebounding from an earlier decline and heading for a small weekly gain, although concern about the strength of demand growth limited the rebound.
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LONDON, May 17- Oil slipped on Friday, staying below $104 a barrel on concern about the strength of demand growth and as policymaker talk of the future removal of U.S. monetary stimulus boosted the dollar. Brent crude slipped 5 cents to $103.73 a barrel by 0825 GMT, and was on course to end the week little changed.
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*Valentin Boanta in prison for helping skimmer gang. *Says no ATM is currently secure against attack. VASLUI, Romania, May 17- Valentin Boanta, sitting in his jail cell, proudly explains the device he has invented which, he says, could make the world's ATMs impregnable even to tech-savvy criminals like himself.
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BRUSSELS, May 16- The giant South Stream pipeline to transport natural gas from Russia to the European Union is a reality and is on schedule to be built by the end of 2015, the chief executive of the offshore section of the line said on Wednesday, rebutting widespread doubts that it will ever be built.
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*U.N. says Syria conflict a humanitarian catastrophe. LONDON, May 17- Syria has managed to increase its grain imports in recent months after a period when it was less active on international markets, traders say, a development that suggests President Bashar al-Assad has found a way to feed his people despite war.
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*Russia says Iran must take part in proposed Syria talks. SINGAPORE, May 17- Brent futures slipped on Friday, staying below $104 as bleak U.S. economic data revived worries about demand growth in the world's biggest oil consumer, while a stronger dollar also pressured prices. Brent slipped 5 cents to $103.73 a barrel by 0552 GMT.
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George Osborne's attempt to slash £11.5bn off public spending in election year has run into cabinet trouble, after ministers identified only £2.5bn in cuts to their budgets.
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WASHINGTON, May 16- Nobody is safe in the digital world and even the smartest minds in the cybersecurity world constantly struggle to fend off hackers in their personal lives.
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Wheat fell on technical selling and seasonal pressure as the U.S. harvest neared, with the Chicago Board of Trade July contract hitting a six-week low.
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SAN JOSE, Calif., May 16- One of the most urgent questions in economics today is the connection between inequality and growth. That is because one of the big economic facts of our time is the surge in income disparity, particularly between those at the very top and everyone else.
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Wheat fell on technical selling and seasonal pressure as the U.S. harvest neared, with the Chicago Board of Trade July contract hitting a six-week low.
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*French bank's Russia strategy questioned. MOSCOW, May 16- The head of Societe Generale's Russian unit Rosbank was charged with bribery on Thursday after investigators released a film of him with cash piled on his office desk in what several bankers said may have been a set up.
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With a talking-point imbroglio after Benghazi, the IRS's discriminatory practices and the Justice Department's procurement of Associated Press phone records, the Obama administration and its allies are right to be worried. The past few years have proved that dysfunction in Washington has almost no effect on America's attractiveness to investors.