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Awaiting rebound in Europe, Poland stifles growth at home
ReutersWARSAW (Reuters) - Poland has turned its back on policies that once made it Europe's growth leader and is flirting with the recession that it alone among its emerging European Union peers has evaded through years of crisis. It weathered the global...Tags: Credit and Debt, Donald Tusk, Warsaw (Poland), Gross Domestic Product, Central Bank
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Ghana hopes to shield economy from African oil curse
Reuters* Economists cite risks of fiscal laxity, Dutch disease * Nigeria saw agricultural sector ravaged, corruption soar * Ghana wants to increase investment in cocoa sector * Ghana has strong democratic institutions, oil wealth funds By Matthew Mpoke...Tags: Energy Resources, Nigeria, Gross Domestic Product, Religion and Belief, National Government
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Japan panel warns of dangers if debt not addressed
ReutersTOKYO (Reuters) - A Japanese government panel warns there is "absolutely no guarantee" that domestic investors will keep financing the country's massive public debt, citing the risk of a spike in bond yields that could crimp long-term growth prospects,...Tags: Credit and Debt, G20, Central Bank, Money and Monetary Policy, Shinzo Abe
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FACTBOX-U.S. Treasury acts to avoid hitting debt limit
ReutersMay 20 (Reuters) - U.S. Treasury Secretary Jack Lew on Monday said the Obama administration was suspending investments in the Civil Service Retirement and Disability Fund, a government employee pension fund, to help the nation keep paying its bills now...Tags: Economy, Business and Finance, U.S. Congress, U.S. Department of the Treasury, Politics, Securities
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Exclusive: Japan panel warns of dangers if debt not addressed
ReutersTOKYO (Reuters) - A Japanese government panel warns there is "absolutely no guarantee" that domestic investors will keep financing the country's massive public debt, citing the risk of a spike in bond yields that could crimp long-term growth prospects,...Tags: Credit and Debt, G20, Central Bank, Shinzo Abe, Money and Monetary Policy
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GLOBAL MARKETS-Shares grind higher, gold pauses from big losing streak
Reuters* Global equity markets continue to climb * Yen gains on minister's comments, rise seen temporary * Gold gains after longest losing streak in four years * Oil rebounds, rises above $104 a barrel (Adds opening of U.S. markets, changes dateline; previous...Tags: Stock Market, Federal Reserve, Money and Monetary Policy, Petroleum Industry, Gold and Precious Material
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IMF urges Montenegro to close aluminum plant to cut debt
ReutersPODGORICA (Reuters) - Montenegro should shut down the loss-making aluminum plant that is the country's biggest single industrial employer to stem a sharp rise in its public debt, the International Monetary Fund said. The partly state-owned Kombinat...Tags: Credit and Debt, Podgorica (Montenegro), Economic Indicator, International Monetary Fund, International Organizations
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GLOBAL MARKETS-Shares grind higher, yen rebounds on minister's remarks
Reuters* Global equity markets continue to climb * Yen gains on minister's comments, rise seen temporary * Gold gains after longest losing streak in four years * Oil rebounds, rises above $105 a barrel (Updates prices, adds close of European stocks) By...Tags: Stock Market, Federal Reserve, Money and Monetary Policy, Petroleum Industry, Lisle
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Higher consumer spending will offset sequester cuts, economists say
WASHINGTON -- Consumers will help keep economic growth on track this year, as new projections of their spending indicate it will offset the hit to the recovery from the federal government's automatic budget cuts, a panel of economists said Monday. The...
Tags: Economic Indicator, National Government, Government, Labor Markets, Consumers
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IMF says Washington cutting budget deficits too quickly
ReutersBy Jason Lange WASHINGTON, May 20 (Reuters) - The International Monetary Fund on Monday said the United States was getting carried away with a government austerity drive, offering some of the institution's bluntest criticism yet of Washington's rush to...Tags: Public Finance, National Government, Government, Economy, Business and Finance, Finance
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Obama urged to make economy a bigger, bolder topic
WASHINGTON (AP) — Five months into President Barack Obama's second term, allies and former top aides worry that his overarching goal of economic opportunity has been diminished, partly drowned out by controversies seized upon by Republicans in an...
Tags: Austin (Chicago, Illinois), Bill Clinton, Washington, DC, Denis R. McDonough, Barack Obama
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RPT-ANALYSIS-Shrinking U.S. deficit reduces pressure for budget deal
Reuters(Repeats story with no changes to text) By Jason Lange and David Lawder WASHINGTON, May 20 (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the U.S. tax system, trim government spending and reform...Tags: Albert Tom, Justice System, U.S. House of Representatives, Politics, Parties and Movements
May 21, 2013
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May 20, 2013
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May 21, 2013
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May 20, 2013
|Story| Petoskey News
May 20, 2013
|Story| Reuters
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