New measure will ban US dollar transactions
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HAVANA -- Cuba announced yesterday that US dollars will no longer be accepted at stores or other businesses on the communist island starting next month in a move that will radically change the way business has been done there over the past decade. The measure called for all such transactions to be done in a local currency known as convertible ...
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BRUSSELS -- The European Union moved to lift hundreds of millions of dollars in trade sanctions against US exporters, responding to sweeping new US corporate-tax legislation that closes tax breaks ruled illegal by the World Trade Organization.
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The dollar is likely to drop on concern that international investors are scaling back purchases of US assets, according to a Bloomberg survey of currency traders and strategists.
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A weak U.S. dollar is expected to affect profitability.
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A new law takes effect today that&#39;s sure to have a positive impact on the nation&#39;s payment system. It&#39;s also likely to have an impact on those who pull out a checkbook when it&#39;s time to pay the bills.
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The NASD on Wednesday submitted  recommendations to the U.S. Securities and Exchange Commission  to limit the use of soft dollar deals and increase disclosure  about such practices.
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The US dollar has continued its record-breaking slide and has tumbled to a new low against the euro.
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China will allow domestic-currency bank cards to be used outside the country for the first time, the central bank said Wednesday, the latest easing of capital controls as the government prepares for a more flexible currency.
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The US Mint plans to reintroduce dollar coins in an attempt to get Americans to give up the dollar bill.
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The U.S. government will offer over the Internet low-quality images of its new &#36;50 bill for artists, students and others who discover that their computers, scanners or printers won't allow them to view or copy pictures of the new currency.
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WASHINGTON The United States is cracking down on the growing trade in counterfeit and pirated goods that costs American businesses hundreds of billions of dollar annually, US government and industry officials said Monday.
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Cuba is planning to ban the use of US dollars on the communist Caribbean island in answer to tighter US sanctions. Cuban leader Fidel Castro announced his decision on Monday
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Consumers who rely on the &quot;float&quot; in writing checks to pay their bills on time could be socked with hefty fees from their banks for bounced checks because of a sweeping federal law that takes effect Thursday.
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Cuban President Fidel Castro, seeking to rid his country of the currency of his arch-enemy, said on Monday Cuba was ending circulation of the US dollar as of Nov. 8 in response to tightened American sanctions.
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The Bush administration is being temporarily barred from imposing new limits on imported clothing and textile products flowing into the United States from China.
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The World Trade Organization slaps the United States with a token $25 million fine for its banning of online gambling, a move that could have unpleasant implications for Antigua and Barbuda, an offshore gambling haven.
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The European Union is to suspend sanctions on US imports worth $4bn after President Bush signed a bill removing illegal export subsidies.