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DUBAI (Reuters) - The cost of insuring against a potential debt default by Saudi Arabia has soared by a sixth since Friday's killing by a U.S. drone of Iranian commander Qassem Soleimani, bearing the brunt of a broader reaction in Middle Eastern markets.
WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner denied any role in disclosures about American International Group's payments to banks and defended his decisions as New York Federal Reserve chief to pay full price to retire AIG credit default swaps.
SAO PAULO (Reuters) - Brazil's perceived sovereign risk among investors fell on Sunday, with the cost of insuring Brazilian bonds for five years falling yet again in the credit-default swaps market after the country's lower house of Congress voted to back the impeachment of President Dilma Rousseff for breaching budget laws.
ATHENS, Greece (AP): Greece's private creditors agreed Friday to take cents on the euro in the biggest debt writedown in history, paving the way for an enormous second bailout for the country to keep Europe's economy from being dragged further into chaos.
WASHINGTON (Reuters) - Key U.S. senators reached a partial agreement on Wall Street reform on Tuesday, but disputes over some issues continued, and the Senate adjourned without casting votes on amendments as planned.
WASHINGTON (Reuters) - U.S. lawmakers hammered out a historic overhaul of financial regulations on Friday, handing President Barack Obama a major domestic policy victory on the eve of a global summit of world leaders.
WASHINGTON (Reuters) - U.S. lawmakers hammered out a historic overhaul of financial regulations as dawn broke over the nation's capital on Friday, handing President Barack Obama a major domestic policy victory on the eve of a global summit devoted to financial reform.