David Jacobson News
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Bank of Montreal, Canada’s fourth- largest lender by assets, hired David Jacobson, the U.S. ambassador to Canada, as a vice chairman.
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Raed Jaser, arrested yesterday and charged with planning to derail a passenger train in Canada with the help of al-Qaeda, will defend the charges and is in a “state of shock” over the allegations, his lawyer said.
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Canadian police arrested two foreign nationals in connection with a plan to derail a passenger train in the nation’s first suspected terror plot involving al-Qaeda.
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The U.S. ambassador to Canada says his country won’t be unreasonable in applying a rule requiring U.S. citizens living in Canada to file tax returns every year.
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The U.S. and Canada plan to harmonize regulations governing the most heavily traded products as part of negotiations on a shared security and economic “perimeter,” U.S. Ambassador to Canada David Jacobson said.
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The U.S. and Canada plan to harmonize regulations governing the most-heavily traded products, U.S. Ambassador to Canada David Jacobson said, one day after a report showed some Canadians are uneasy with the idea.
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Debt of Puerto Rico, already facing the worst performance since 2008, is poised to weaken further after the U.S. commonwealth had its credit rating cut to one level above speculative grade.
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Top-rated municipal bonds are poised to end their worst annual start in at least 19 years as the waning of debt insurance and borrowers’ deteriorating credit quality shrink supply.
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The U.S. Virgin Islands will confront the threat of a debt downgrade when one of the region’s largest oil refineries shuts down this month, doubling joblessness on St. Croix, the archipelago’s poorest island.
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Detroit had its bond ratings cut deeper into noninvestment-grade territory by Moody’s Investors Service, citing a cash crisis that may mean bankruptcy or default in the next 12 to 24 months.
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