Major U.S. Public Transit Systems Brace for Storm With Detours and Warnings
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Officials in several cities, including Boston, New York and Philadelphia,
advised residents to avoid traveling if possible through the weekend.
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China's representative to the IMF, He Jianxiong, sharply disagreed with a number of IMF's conclusions -- including its assessment of the currency. He said that one reason that China's reserves have grown to more than $US3 trillion ($2.8 trillion) is that central banks in the US and Europe have kept interest rates so low that capital has surged into emerging markets.
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