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The rejection of an unprecedented levy on bank deposits, a condition of a 10 billion euro EU bailout, cast the 17- nation currency bloc into uncharted waters after Greece, Portugal, Ireland, Spain and Italy all accepted biting austerity measures over the last three years to secure European aid.
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U.S. mortgage finance company Freddie Mac is suing more than a dozen banks for losses from the alleged manipulation of the benchmark interest rate known as Libor.
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*EU says no bailout unless Cyprus depositors contribute. NICOSIA, March 20- Cyprus overwhelmingly rejected a proposed levy on bank deposits as a condition for a European bailout on Tuesday, throwing international efforts to rescue the latest casualty of the euro zone debt crisis into disarray.
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*Prices gain on fears over Cyprus contagion. Treasuries prices rose on Tuesday as a plan to tax bank accounts in Cyprus to help pay for a bailout unnerved investors, who fretted other euro zone countries could follow a similar path.
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MUNICH, March 19- BMW expects earnings to stagnate this year as costs for 11 model launches, the development of fuel-efficient technology and expanding production eat up higher profits from rising car sales.
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BERLIN, March 19- The German government has no idea when or if the Cypriot parliament will vote on the bailout programme agreed by euro zone finance ministers and until it has been approved the country's banks cannot reopen, a senior German official said.
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*Cyprus expected to reject on bank deposits levy on Tuesday. LONDON, March 19- Crude oil fell below $109 a barrel on Tuesday as uncertainty over a bailout for Cyprus revived concerns about the euro zone debt crisis, but a rosier economic outlook in the United States capped losses.
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TOKYO, March 19- Asian shares rebounded on Tuesday from the previous session's steep falls, but investors remained wary over a bailout plan for Cyprus which was set for a parliamentary vote later in the day.
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March 18- Dex One Corp and SuperMedia Inc have both filed for bankruptcy protection after the directories publishers failed to win the full support of senior secured lenders for a change to a credit agreement needed to complete their planned merger.
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Vice Premier Ma Kai, Finance Minister Lou Jiwei and central bank governor Zhou Xiaochuan were all Zhu lieutenants at the State Commission for Restructuring the Economy, which drew up the blueprint to sever the army's ties with business and make millions jobless as state-owned enterprises were reformed.
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ATHENS, March 18- The Eurogroup has decided to give Cyprus more flexibility over a bank levy which is part of its bailout conditions, a Greek finance ministry source said on Monday after a teleconference of euro zone finance ministers.
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*Cyprus bailout plan raises fears over euro zone contagion. Euro zone finance ministers want to tap Cyprus' savers for the country to receive a 10 billion euro bailout, which triggered a run on bank deposits after its announcement on Saturday morning.
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*Miners under pressure to focus on core assets. *No quick fix seen for assets in problem commodities. LONDON, March 18- The "for sale" signs which have been hanging for months over Rio Tinto aluminium assets and its diamond mines are symptomatic of a bigger mining industry issue.
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*Cyprus bailout plan raises fears over euro zone contagion. "The fear is that people will think that some of the other peripherals will ultimately have some kind of a similar situation and that may cause some instability at the banks," said Alan De Rose, head trader of government trading and finance at Oppenheimer& Co in New York.
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Goldman Sachs suffered a defeat on Monday as the Supreme Court let stand a decision forcing it to defend against a class action lawsuit claiming it misled investors about the risks associated with mortgage securities.
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*Russia says EU decided without consulting Moscow, may impact loan. *Russia has close financial ties to Cyprus. MOSCOW, March 18- A lack of coordination with Russia in future on Cyprus could affect a decision by Moscow on restructuring its 2.5 billion euro loan to the island, the Russian finance minister said on Monday.
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NEW YORK, March 18- U.S. Euro zone finance ministers want to tap Cyprus' savers for the country to receive a 10 billion euro bailout, which triggered a run on bank deposits after its announcement on Saturday morning.
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PARIS, March 18- The head of Indonesia's Lion Air said after a placing a record Airbus order on Monday that he would use the aircraft to start up new airline ventures underpinned by strong demand in Asia. Lion Air, which is poised to start operations in Malaysia, has not decided whether to pursue a venture in Australia, he added.
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*Focus on Cyprus parliament vote, peripheral bond yields. LONDON, March 18- The euro fell sharply on Monday, hurt by news of a bailout plan for Cyprus that will tax bank deposits and which has raised fears of bank runs elsewhere in the euro zone.
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*Focus on Cyprus parliament vote, peripheral bond yields. LONDON, March 18- The euro slumped on Monday as investors took news of a bailout plan for Cyprus that involves taxing bank deposits as a dangerous precedent that could ultimately lead to bank runs elsewhere in the euro zone.