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  • FACT CHECK: Slips in vice presidential debate Friday, 12 Oct 2012 | 9:35 AM ET

    WASHINGTON-- Anyone who paid attention to a hearing in Congress this week knew that the administration had been implored to beef up security at the U.S. Consulate in Libya before the deadly terrorist attack there. But in the vice presidential debate Thursday night, Joe Biden seemed unaware.

  • RUSAL mull JV with China to build smelter in Siberia Friday, 12 Oct 2012 | 9:30 AM ET

    MOSCOW, Oct 12- Russia's aluminium giant RUSAL. said on Friday it mulls a tie-up with unnamed Chinese partners to build an aluminium smelter in Siberia. The statement did not say when the smelter could be built.

  • KIEV, Oct 12- Ukraine's foreign trade deficit widened to $10.100 billion in January-August from $8.168 billion in the same period of 2011, the State Statistics Service said on Friday.

  • *Further progress expected after IMF meetings in Tokyo. BUDAPEST, Oct 12- Hungary is "not far" from a financial backstop agreement with the IMF, Prime Minister Viktor Orban said on Friday, sending the volatile forint to a one-month high against the euro.

  • Tusk said he would find billions of euros for investment in energy and other infrastructure projects, while at the same time keeping a tight rein on government borrowing in Poland, eastern Europe's largest economy. Poland has been a rare bright spot in Europe over the past few years, managing to sustain robust growth even while its neighbours slumped.

  • LONDON, Oct 12- Russian businessman Boris Berezovsky will pay 35 million pounds towards the legal fees of Chelsea Football Club owner Roman Abramovich after failing in a $6 billion London court battle with his former protege, lawyers said.

  • Despite debt crisis, EU wins Nobel Peace Prize Friday, 12 Oct 2012 | 8:39 AM ET

    OSLO, Norway-- For fostering peace on a continent ravaged by war, the European Union won the Nobel Peace Prize on Friday.

  • Man headed to prison in NYC Torah fraud case Friday, 12 Oct 2012 | 8:33 AM ET

    NEW YORK-- A Jewish charity co-founder who billed himself as a "Jewish Indiana Jones" bent on rescuing vintage Torahs across the globe was sentenced to more than four years in prison on Thursday for conning donors out of about $1 million. Menachem Youlus told a judge in federal court in Manhattan that he was ashamed of his scam, but still hoped for leniency.

  • WARSAW, Oct 12- Poland's central bank and the financial regulator will present plans next week to help address the economic slowdown, Finance Minister Jacek Rostowski told parliament on Friday. "The central bank Governor told me that he will present plans on how the bank plans to battle the crisis next week.

  • TEXT-S&P summary: Plovdiv (City of) Friday, 12 Oct 2012 | 8:23 AM ET

    Oct 12-=============================================================================== Summary analysis-- Plovdiv----------------------------- 12- Oct-2012=============================================================================== CREDIT RATING: BB+/ Positive/-- Country: Bulgaria Primary SIC: Legislative bodies=============================================================================== Credit Rating History: Local currency Foreign currency 12- Feb-2007 BB+/-- BB+/-- 10- Dec-2004 BB/-- BB/--=============================================================================== Rationale.

  • Food prices drive Serb inflation to double digits Friday, 12 Oct 2012 | 8:06 AM ET

    *Food prices in September rise by 5 pct. BELGRADE, Oct 12- A major increase of food prices in September, following a poor harvest and long drought, has driven Serbia's inflation to 2.3 percent and the annual figure to double digits, the statistics office said on Friday.

  • *Turkey- Syria tensions, lower N.Sea output support. LONDON, Oct 12- Oil fell towards $115 a barrel on Friday, as a prediction of a further decline in oil consumption and higher supplies offset concerns about potential output disruptions in the Middle East.

  • Oct 12- Fitch Ratings has assigned Ukrainian-based mining and metals company Fintest Trading Co Limited Long-term foreign and local currency Issuer Default Ratings of' B'. The ratings are not constrained by Ukraine's sovereign ceiling so an upgrade of the sovereign ceiling would not automatically lead to an upgrade of the company's IDR.

  • *Turkey- Syria tensions, lower N.Sea output support. LONDON, Oct 12- Oil fell below $115 a barrel on Friday, as a prediction of a further decline in oil consumption and higher supplies offset concerns about potential output disruptions in the Middle East.

  • MOSCOW, Oct 12- Russian private healthcare provider MD Medical Group's London listing got off to a smooth start, with its global depositary receipts trading at a 3 percent premium to their issue price on the first morning.

  • PRAGUE, Oct 12- Russian steelmaker Evraz has temporarily shut its Czech steel production line due to low demand and the company's effort to run down its raw materials inventory, a spokesman said on Friday. The Vitkovice steel mill is a key customer of the Czech unit of ArcelorMittal which supplies it with raw materials.

  • TEXT-S&P summary: Mosenergo (AO) Friday, 12 Oct 2012 | 6:57 AM ET

    Oct 12-=============================================================================== Summary analysis-- Mosenergo-------------------------------- 12- Oct-2012=============================================================================== CREDIT RATING: BB/Stable/-- Country: Russia Primary SIC: Electric Services Mult. The rating on Russian electricity and heat generator Mosenergo reflects the company's stand-alone credit profile, which Standard& Poor's Ratings Services assesses at' bb-'.

  • Tusk said he would find billions of euros for investment in energy and other infra-structure projects, while at the same time keeping a tight rein on government borrowing in Poland, eastern Europe's largest economy. Poland has been a rare bright spot in Europe over the past few years, managing to sustain robust growth even while its neighbours slumped.

  • Tusk said he would find billions of euros for investment in energy and other infra-structure projects, while at the same time keeping a tight rein on government borrowing in Poland, eastern Europe's largest economy. Poland has been a rare bright spot in Europe over the past few years, managing to sustain robust growth even while its neighbours slumped.

  • WARSAW, Oct 12- Poland's largest bank, state-controlled PKO BP, plans to issue eurobonds worth "hundreds of millions of euros", but this was more likely next year than in 2012, its deputy chief executive said on Friday.