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U of M women on power list

THREE Winnipeggers were included in the Women's Executive Network's list of Canada's most powerful women.

The list of the top 100 women celebrates and highlights the professional achievements of women across the country in the private, public and not-for-profit sectors.

Co-presented by KPMG and Scotiabank, this year's awards included representatives from sectors historically not associated with female leadership, including the military, mining and manufacturing industries. The Manitobans on the list are:

-- Dr. Joanne Keselman, vice-president academic and provost, University of Manitoba;

-- Dr. Samia Barakat, associate dean, professionalism and diversity, faculty of medicine, University of Manitoba;

-- Dr. Joan Durrant, professor, department of family social sciences, faculty of human ecology, University of Manitoba.

Back to the future for Newsweek

NEW YORK -- Paper copies of Newsweek will again roll off the presses, starting next year.

Editor-in-chief Jim Impoco says the news magazine's owners, IBT Media, want to "hit the reset button" and move to a business model where a weekly print magazine would be mainly supported by subscription fees instead of advertising. Newsweek ceased print publication at the end of 2012.

Central bank keeps 1% key rate

OTTAWA -- The Bank of Canada says it sees some encouraging signs in the Canadian and global economies, but warned inflation remains too low to justify moving off its view that the recovery remains fragile and in need of monetary stimulus.

As expected, the bank on Wednesday once again decided to keep in place its key rate at one per cent.

But markets did not read the statement as neutral, apparently interpreting the bank's caution that "downside risks to inflation appear to be greater" as a signal governor Stephen Poloz intends to keep interest rates low for an extended period, likely well into 2015, and raising the possibility, although slim, of a rate cut next year.

The Canadian dollar dropped 0.34 of a cent to 93.65 cents U.S. -- its lowest level since May 2010 -- on the announcement.

-- staff / from the news services

Republished from the Winnipeg Free Press print edition December 5, 2013 B7

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