Spain’s new government has revised up its forecast for the country’s 2011 budget deficit to 8% of GDP from the 6% target of the previous government, as it approved budget cuts and new taxes.
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Spain Expects Wider Deficit
Spain’s new government has revised up its forecast for the country’s 2011 budget deficit to 8% of GDP from the 6% target of the previous government, as it approved budget cuts and new taxes.
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Spain Expects Wider Deficit
Hungary’s parliament passed a controversial central-bank law—a move that threatens to derail the country’s bid for new financial backing from the EU and IMF.
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Hungary Passes Controversial Bank Bill
In-demand products, unparalleled site design and usability, competitive search engine marketing, continuous innovative, exciting holiday specials — these are just some of the variables that make up a successful ecommerce business. On the other hand, some of the top pitfalls for Internet retailers include lousy service, uninventive products, confusing corporate messaging and ineffective advertising. We’ve seen a little bit of everything in 2011. As the year wraps up, it’s the perfect time to recount the ecommerce wins and fails of 2011. Some strong houses continue to dominate this year, while previously lauded companies fell a bit from grace (cough, Netflix). Let’s take a look at the winners and losers in online commerce for 2011. 1. Winner: Amazon As the world’s largest online retailer , Amazon has been making great strides for years, and 2011 was a fun year to watch the company do its thing. First and foremost, Amazon released a refreshed line of Kindle products, including the Kindle , Kindle Touch , Kindle Touch 3G and Kindle Fire tablets.

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2011′s Biggest Winners and Losers in Ecommerce
We bring in the new year with a new Pokki developer contest. Like the one we mentioned in October, you have a chance to win 30 large. But this one has an extra bonus with an all-expenses paid trip to the Game Developers Conference in San Francisco next spring. All you have to do is build a new game in HTML5 and other Web technologies (but not using any Flash, thank you very much) and have it approved at the Pokki store before the end of the day February 20, 2012. Games will be judged by a panel of game development managers on gameplay, appeal, polish and overall graphics and sound. Besides the first prize mentioned above, there is a second and third prizes (but no trip) of $13,000 and $7,000. Here is where you can learn more about the contest and enter. Good luck! (We aren’t affiliated with Pokki, but happy to promote other contests if you hear of them.) Sponsor

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Create an HTML5 Game, Win $30k and a Trip to GDC/SF
Casio Japan is planning [JP] to roll out the G-SHOCK GB-6900 on March 16 next year, a wristwatch that connects to certain smartphones via Bluetooth LE (LE=low-energy, a standard that’s baked into Bluetooth 4.0). The device will be compatible with the Medias LTE N-04D Android phone from NEC (to be released next year) and NEC’s Medias PP N-01D . Casio says that the G-SHOCK not only synchronizes the time with the phones but also shows incoming calls, emails, or SMS on its display. Users can also switch their handsets to vibration mode by pushing a button on the watch or set alarms. The watch isn’t the first that connects to phones, but the main selling point here is the Bluetooth LE feature (in fact, it’s the first watch with Bluetooth 4.0 on board): Bluetooth LE consumes a fraction of the energy of other Bluetooth versions. In the case of the G-SHOCK GB-6900, Casio says users can expect a battery life of about 2 years with one conventional CR2032 button battery.

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Casio’s New G-SHOCK Connects To Smartphones, Shows Incoming Calls, Emails, SMS
The crucial evangelical vote in Iowa is fractured and uncertain just days before the first ballots will be cast in the Republican presidential race, potentially boosting Mitt Romney.
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Iowa’s Evangelical Rift Could Curb Influence
Here are some recent posts on TechCrunch Gadgets: The Most Important Gadgets Of 2012 Video: Electric Car From Japan Reaches Over 300KM Travel Range Rumor: Apple Will Debut Two iPads Next Month, Retina Displays In Tow (Update) Samsung Ships 1 Million Galaxy Note Phablets The Gizmon iCA Might Be The Ultimate iPhone Camera Case

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Daily Crunch: Car Tracking
The dollar fell to a three-week low against the yen in Asia due to last-minute settlement orders by Japanese exporters that also pushed down the euro.
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Dollar Falls vs. Yen
Asian stock markets were mostly higher on the last trading day for 2011, helped by an encouraging rise on Wall Street, but a cautious air prevailed. Shanghai was up 0.8%.
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Asian Shares Mostly Higher
The final HSBC China Manufacturing Purchasing Managers Index rose in December compared with November, but remains in contractionary territory, adding to evidence that growth continues to slow.
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China Growth Continues to Slow