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.
Read more:
Spain Expects Wider Deficit
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
Beijing has reshuffled a list of sectors where it wants to attract foreign investment, downgrading autos and putting more emphasis on emerging fields.
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China Shifts Foreign-Investment Focus
Boeing’s production struggles with its 787 Dreamliner taught it to regularly stress-test suppliers, a skill that is now coming to the forefront as it tackles a mountain of orders for its best-selling 737 jets.
Excerpt from:
Boeing Examines Supply Chain for Weak Links
Iran’s central bank is preparing to file a motion in a New York federal court early next year to release nearly $2 billion of its frozen funds at Citigroup Inc.’s Citibank unit, according to attorneys for the Iranian bank.
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Iran to File in U.S. Court to Unfreeze Funds
A letter that touched off an investigation leading to Mark Hurd’s resignation as chief executive of H-P should be made public, a court ruled, a blow to Mr. Hurd’s efforts to keep its contents secret.
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Court Frees Up Hurd Letter
Sears Holdings identified 79 of the stores the retailer is planning to close, with nearly half being Kmart locations and Florida having the most closures by state.
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Sears Details Closures
Goldman Sachs and Morgan Stanley are the front-runners for the prestigious and lucrative job of leading Facebook’s IPO. Still, other investment banks aren’t giving up.
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Banks Face Off For Facebook IPO
As the volume of loans has increased in Brazil, so, too, have bad loans. That has meant plenty of new opportunities for debt collection.
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New Brazil Boom: Collecting Debts
Egyptian soldiers and police stormed nongovernmental organization offices throughout the country, adding new tensions to fraying ties between Egypt’s interim military leadership and its allies in Washington.
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Egyptian Forces Storm NGO Offices