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ential neighborhood in the capital, seemed an unlikely operation to manage books for an $8 billion enterprise.During two visits over two days by Reuters reporters, no one staffed a reception desk in the aquamarine building. On one visit to the reception area that lasted nearly two hours, there was no senior manager in the building. The occasional sound of reggae music wafted from inside the office.C.A.S. Hewlett is listed on the British Commonwealth's website as a "financial services partner" in Antigua with an offshore client portfolio that includes banks, insurance companies and other financial institutions and intermediaries.Charlesworth Hewlett was born in 1936, according to the website, and qualified as an accountant in 1970 after attending South West London College. He also is said to have served in the Britain's Royal Air Force and earned a medal for active service in Cyprus.(Additional reporting by Catherine Bosley and Luke Baker; editing by Jeffrey Benkoe)U.S.By G
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e precursors of asset bubbles, but not necessarily the biggest one. He says the Fed needs to be careful in monitoring how monetary prices are affecting market prices. ??The economy is in a real terrible state,?? says Meyer. ??So you don??t raise rates.??By Jonathan Spicer NEW YORK | Mon Jan 10, 2011 2:26pm EST NEW YORK (Reuters) - The U.S. Federal Reserve's $600-billion bond-buying program launched last year helped solidify a shaky economic recovery, which despite headwinds is taking on durable momentum, a top Fed official said on Monday.Atlanta Federal Reserve Bank President Dennis Lockhart said he remained comfortable with his decision early in November to support the second round of the Fed's so-called quantitative easing program, known as QE2, in order to rejuvenate the economy's feeble recovery."(T)he economy seems to have gained durable momentum as we begin 2011," Lockhart said in comments prepared for delivery on Monday. "Whi
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oday by the Yomiuri, a Japanese daily, makes me feel?? if not exactly warm and fuzzy?? at least a little relieved. It??s the first catch of tuna to be landed since the March 11 quake decimated the northeast??s fishing industry. The haul of some 17 tons came into the Shiogama port in Miyagi prefecture, one of the worst affected in last month??s disasters. Japan??s tuna boats go out to sea to find schools of the lucrative fish for weeks and months at a time. The Hoyo Maru No. 18 was out at sea in the Mariana Islands, north of Guam, when the captain heard there had been a quake and tsunami, he told the Mainichi Daily News.Shiogama, one of the nation??s biggest tuna ports, took a beating last month. In addition to the over 18,000 fishing boats damaged in the tsunami, the industry infrastructure up and down the Tohoku coast was seriously hurt. A week after the tsunami struck, in the northern fishing town of Misawa, I asked the head of the loca
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