U.K. May Extend New Libor Rules
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The US and its Arab allies have bombed Islamic State oil refineries in Syria, impacting IS's $2 million daily revenue from illegal oil trade. An executive is considering a $9.6 billion bid for Telecom Italia. Meanwhile, the UK may extend Libor rules to other benchmarks after banks were accused of rigging the global interest rate benchmark.
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OPEN ENDED QUESTION
3 mins • 1 pt
How much is Truglio trying to raise for his investment?
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What were banks accused of regarding Libor?
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