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Email this article: Algeria court fines Orascom Telecom unit about US$1.3 billion
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Posted: Thu March 29, 2012 12:54 pm
ALGERIA. Orascom said its unit plans to appeal the ruling, which temporarily would halt implementation of the judgment.
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QATAR. In the end, monetary policy can be powerful in the short-term but is unlikely to change the long-term predicament of the Euro Area. The ECB may succeed in preventing prolonged deflation from taking hold, but this is a not a sufficient condition for sustainable growth.
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