Russian International Reserves Fall $15.7 Billion in Week to Dec. 19

Most Australian Labor Party Lawmakers Back Gillard as Leader, Herald Says

Most Australian Labor lawmakers have swung their support behind deputy leader Julia Gillard ahead of her challenge to party leader and Prime Minister Kevin Rudd later today, the Sydney Morning Herald reported, without saying where it got the information. Key factions of the party persuaded a reluctant Gillard to stand, the newspaper reported.

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