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Greece strike under austerity as America faces sequester
The threat of sequester in America is the first taste of austerity in the world’s largest economy. A microscopic version of what America faces is on show over in Greece, and the austerity measures are...
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UK shock over AAA credit downgrade
United Kingdom (UK) lost the coveted AAA credit downgrade by Moody’s on Friday, and the political shock was expressed by the head of the British Treasury. Chancellor George Osborne did express the...
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