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Central bankers are in the business of "currency manipulation," James Grant, editor of Grant's Interest Rate Observer, told CNBC Thursday.* He wants a "modernized, 21st century gold standard that checks the capacity of central banks to print money." more...

Ireland sold a 1.1 billion euro ($1.6 billion) stake in Bank of Ireland to a group of unidentified investors on Monday to keep the country's largest bank out of state hands and provide a rare boost to a battered sector and bruised economy. more...