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Saturday, September 04, 2010
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BP Gulf of Mexico oil spill costs hit $8bn
London  
 
  BP said on Friday the cost of dealing with its oil spill in the Gulf of Mexico had risen to $8 billion and that it was a fortnight away from sealing the well for good.  
   

  Oil slips ahead of US jobs data
Singapore : 
  Oil fell on Friday for the first day in three as traders awaited US monthly jobs data, while Hurricane Earl neared the country's east coast, fuelling concerns of disruptions to refineries and demand during the Labor Day long weekend.     
   
  Japan imposes additional sanctions on Iran
Tokyo : 
  Japan slapped additional sanctions on Iran over its disputed nuclear programme on Friday, following the United States in pressuring Tehran despite Tokyo's reliance on oil imports from the country.     
   

 
Today's Poll
Several economic indicators such as jobs, housing and "September Effect" are warning investors to be cautious. Is another market crash coming?
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Somehow
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