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Warren Buffett criticizes Keystone XL delay, says U.S. ’thumbing nose’ at Canada

WASHINGTON — The Keystone XL pipeline got an emphatic endorsement Monday from a powerful backer of President Barack Obama who questioned the handling of the file.

To billionaire investor Warren Buffett, the delay is a thumbing of the nose at Canada. READ

Obama vetoes Keystone XL pipeline bill

President Barack Obama has vetoed a bill that would have approved construction of the privately funded Canadian Keystone XL oil pipeline. READ

Obama intends to quietly kill off Keystone XL bill, White House confirms

President Barack Obama is about to make good on his oft-stated threat to veto legislation to build the Keystone XL pipeline, a spokesman announced Monday. READ

RCMP lays fraud, corruption charges against SNC-Lavalin, subsidiaries

The RCMP has laid fraud and corruption charges against Montreal-based engineering firm SNC-Lavalin and two of its subsidiaries. READ

Greece to make proposal to creditors, but unclear whether it would be accepted

Greece was preparing Wednesday to present its creditors with an official proposal aimed to save bailout talks from collapse, as time is running out for a deal that would keep the country solvent and within the euro currency bloc. READ

U.S. Congress set to pass bill approving Keystone

The United States Congress is set to send a bill approving the privately funded Canadian Keystone XL oil pipeline project to President Barack Obama, who has vowed to veto it. READ

TransCanada tells U.S. State Dept. that EPA got Keystone XL assessment wrong

TransCanada Corp. is challenging the U.S. Environmental Protection Agency’s view that the Keystone XL pipeline’s role in climate change must be reconsidered in light of the steep drop in crude prices. READ

Canadian government: ’Very optimistic’ trade war might be averted with U.S.

WASHINGTON — The Canadian government is expressing optimism that a trade war might be averted with the United States in a long-standing dispute over agricultural products. Agriculture Minister Gerry Ritz says he likes what he heard this week during a trip to Washington, and senses a willingness to adjust a U.S. regulatory policy at the heart of the dispute. READ

Former ambassador not confident Keystone will be approved

MONTREAL — A former Canadian ambassador says he’s less confident now than he was a few years ago about the U.S. giving the Keystone XL pipeline project the green light. READ

German town which once drew neo-Nazi marches now welcomes jobless foreigners

A small town in Germany that once was a pilgrimage site for neo-Nazis is now welcoming jobless foreigners with open arms. READ

European finance minister buoy Greece, talk ceding budget sovereignty

Eurozone ministers threw a lifeline to Greece on Tuesday as they scrambled to prevent financial chaos from spreading further and driving Europe’s common euro currency into a catastrophic breakup. READ

Chinese manufacturing shrank the most since March 2009 in November: HSBC report

Concerns about a hard landing for the Chinese economy grew Wednesday after the latest read on the country’s manufacturing sector for November found it shrank to its lowest level since March 2009. READ

Greek leader backs country’s fiscal targets

In an abrupt U-turn, Greece’s conservative junior coalition leader has written to international creditors telling them he backed the country’s fiscal targets, clearing a major sticking point to get a desperately needed loan that will prevent a devastating Greek bankruptcy. READ

Europe’s market turmoil spreads

Fear, that contagious emotion, spread from country to country in Europe on Thursday as panicky investors worried the euro currency union could be heading toward an ugly breakup. READ

Italy’s new government passes first confidence vote

Italy’s new technocratic government has won a crucial confidence vote in the Senate to pursue widespread reforms and austerity aimed at staving off the sovereign debt crisis and saving the euro currency. READ

No politicians in Monti’s new Italian government

Premier Mario Monti formed a new Italian government without a single politician Wednesday, drawing from the ranks of bankers, diplomats and business executives to create a team to steer Italy away from financial disaster. READ

Get your fiscal house in order, Flaherty tells U.S. in speech

NEW YORK — It’s not often a Canadian politician goes to the United States to offer advice publicly, but Finance Minister Jim Flaherty did just that Wednesday, telling a U.S. business audience that Washington needs to get its fiscal house in order. READ

Irish government faces likely ouster, banks fall

DUBLIN, Ireland — The Irish government stood on the brink of collapse Monday, a day after being forced to accept a massive bailout from the European Union and the International Monetary Fund. READ

Greece debt crisis spreads, Spain faltering

BERLIN — Europe’s debt crisis has spread its contagion to another country as a major agency downgraded Spain’s credit rating, even as Germany grudgingly moved closer to bailing out Greece from imminent collapse. READ

Chavez threatens to nationalize gold mining

President Hugo Chavez threatened on Sunday to nationalize gold mining concessions in Venezuela, accusing mining companies of damaging the environment and violating workers’ rights. READ

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