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The state stairs in to rescue Monte dei Paschi di Siena

FOR months, a bail-out had seemed likely; for weeks, unavoidable. On Dec 23rd it became fact. Monte dei Paschi di Siena, Italy’s third-largest bank and Europe’s many troubled, announced it had requested state help. The European Central Bank (ECB), Monte dei Paschi’s supervisor, had given it until the finish of …

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U.S. new-home sales jumped 5% in November

A shopping debauch in the Midwest spurred new U.S. home sales last month to the fastest gait given July. The Commerce Department pronounced Friday that new-home sales in Nov rose 5.2% to a seasonally practiced annual rate of 592,000. It was the fastest gait given July’s 622,000. Sales were up …

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AirTrain service delays perplex flyers at Newark Airport

Frustrated flyers streamer to Newark Airport on Friday got an unwelcome Christmas present from the Port Authority — a broken AirTrain at the tallness of one of the busiest transport days in the year. The sight was down for two hours starting about 3:20 p.m., Port Authority orator Neal Buccino …

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Elderly Pa. motorist gets lost on way to store and ends up in Ala.

That was some wrong turn. An 89-year-old Pennsylvania motorist got lost on his way to the store — and finished up 900 miles divided in Alabama. Following his prolonged journey, Jody Tarbutton stopped in a grill and asked police officers where he was. “They said, ‘You’re in Alabama, Haleyville, Alabama,'” …

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Rebel shelling kills 3 in government-held Aleppo

Shelling continued outward Aleppo Friday night as rebels smashed a area in the north of the already smashed city. Three people were killed in the first barrage given the Syrian supervision claimed it had retaken control of the city. Ten people were harmed in the blasts, officials said. The shelling …

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