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Wayne Ellis

[VW Tiguan]
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As if the slowing-down German economy wasn’t enough to depress the company’s share prices all by itself, now Volkswagen AG is recalling more than 1.68 million cars and trucks worldwide to head-off potential electrical problems.

Federal Reserve Building
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Even though U.S. stock-index futures continued to top all-time highs, incoming Federal Reserve Chairman, Janet Yellen, thinks the economy needs to show more strength before she’ll begin tapering its stimulus program.

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Starbucks (SBUX) has been ordered by an arbiter to pay $2.76 billion to Mondelez International, Inc. to settle its bagged-coffee business brouhaha.

[U.K. flag in shape of the UK}
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The Bank of England has gone on record forecasting that an unemployment rate of 7 percent is feasible by the end of 2014, but only if interest rates stay low.

[Gold bars]
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With India’s two largest gold-buying festivals in the rear-view mirror, and the expectation that its rupee will continue its decline well into 2014, gold investors have little to look forward to near term.

Chinese Flag in Shape of China
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China imported a record amount of iron ore in September, according to Standard Bank Group Ltd., and notched a slight rise in October that leaves analysts scrambling to revise their price estimates for the coming year, especially when additional data suggest that Asia’s largest economy is back on track.