澳洲新闻 (ABC新闻快递) 2012-11-25

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And the Australian dollar is worth more than 104 US cents this morning. It'll also buy you 65 British pence and almost 127 New Zealand cents.

 

 

 

Germany has rejected a deal with Switzerland to tax German citizens' assets stashed¹ in Swiss Bank accounts. Germany's opposition--Greens and Social Democrats² rejected a last-ditch appeal by the Finance Minister for the tax deal, saying the legislation would have let tax evaders off too quickly. The Swiss banking³ industry says Germany missed a possible solution to settle the bi-lateral tax issues. 

 

 

 

In the United States, the shopping frenzy⁴, known as Black Friday, has kicked off gains on Wall Street as markets focus on retail⁵ sales. The National Retail Federation⁶ says it expects sales to grow by 4.1 per cent, a big down on the previous year. The stakes are high for retailers⁷, which can earn more than a third of their annual sales during the holiday season.

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