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Oil falls below $81 amid weak US crude demand (AP) Oil prices fell below $81 a barrel Monday in Asia amid investor concerns flagging U.S. crude demand doesn't justify the recent rally. World markets slip after mixed US economic reports (AP) Asian stock markets sank Monday after mixed economic reports about the U.S. economy inspired caution among investors. European shares were also lower. Survey: Readers don't want to pay for news online (AP) Getting people to pay for news online at this point would be "like trying to force butterflies back into their cocoons," a new consumer survey suggests. China PM defends assertive trade, foreign policy (AP) China sought Sunday to deflate rising pressure from the U.S. and other powers over Chinese economic policies and growing assertiveness in world affairs, with its prime minister promising cooperation to bolster the global recovery. China oil firm takes $3.1B stake in SAmerican firm (AP) Leading offshore producer China National Offshore Oil Corp. said Sunday it has agreed to pay $3.1 billion to form a joint-venture with a major Argentine energy firm, helping to expand China's access to natural resources in South America. |
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