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Egyptian factories, hit by subsidy cuts, highlight Cairo's fiscal dilemma
Reuters* Brick, cement makers hit first by govt drive to cut energy subsidies * Cairo needs to cut spending but austerity risks more social unrest * Analysts urge Cairo to move quickly to secure IMF loan By Asma Alsharif AL-SAFF, Egypt, May 22 (Reuters) -...Tags: Budgets and Budgeting, Egypt, Economy, Business and Finance, Petroleum Industry, Public Finance
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Bernanke's prepared testimony to Joint Economic Committee
ReutersWASHINGTON (Reuters) - Below is the text of Federal Reserve Chairman Ben Bernanke's prepared testimony on the U.S. economy to the congressional Joint Economic Committee on Wednesday. Chairman Brady, Vice Chair Klobuchar, and other members of the...Tags: Credit and Debt, Government Debt, Inflation and Deflation, Public Finance, Services and Shopping
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Early Easter leaves Orlando hotels with April hangover
After four months of year-over-year growth, business dipped in April at Orlando-area hotels, likely because of an early Easter this year and the absence of a couple of big conventions in town. Hotels in the Orlando market filled 72.6 percent of their...
Tags: Hotel and Accommodation Industry, Travel, Orange County Convention Center, Hotels and Accommodations, Consumer Confidence
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Why the medical device tax needs to stay
The chief drawback of a law as complex as the Affordable Care Act, the health insurance reform measure passed in 2010, is that it provides self-interested opponents a multitude of places to stick a wedge in and hammer away. But you'd be hard-pressed...
Tags: Health Insurance, Science and Technology, Medicaid, Elizabeth Warren, Instrument Engineering
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Fed's Bullard recommends euro zone consider QE
ReutersFRANKFURT (Reuters) - A top Federal Reserve official urged the European Central Bank on Tuesday to consider employing a U.S.-style quantitative easing program to counter slowing inflation and recession in the euro zone. The ECB has engaged in bond...Tags: Inflation and Deflation, Market and Exchange, Central Bank, Economy, Business and Finance, Bonds
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IMF says Egypt budget gap worrying, urges Yemen to finalize economic program
ReutersDUBAI (Reuters) - Egypt's worsening fiscal gap is a concern but the International Monetary Fund is still ready to continue talks on a $4.8 billion loan once Cairo completes a review of its economic program, a senior IMF official said. "We are ready to...Tags: Government Debt, Egypt, Economy, Business and Finance, Budgets and Budgeting, Public Finance
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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, Government Debt, Central Bank, Budgets and Budgeting, Economy, Business and Finance
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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: Inflation and Deflation, Government Debt, Budgets and Budgeting, Africa, Environmental Issues
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REUTERS SUMMIT-Mexico will see bank reform impact in 2-3 years: Banorte's Ortiz
Reuters(For other news from Reuters Latin America Investment Summit, click on http://www.reuters.com/summit/LatinAmerica13) By Tomas Sarmiento and Krista Hughes MEXICO CITY, May 20 (Reuters) - Mexico's banking reform will take two or three years to have an...Tags: Central Bank, Economy, Business and Finance, Citigroup Incorporated, Brazil, Mexico
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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: Government Debt, Credit and Debt, Oleg Deripaska, International Organizations, Montenegro
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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: Labor Markets, Government Debt, Consumers, National Government, Politics
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Fed could end bond buys in autumn if jobs outlook sure: Evans
ReutersCHICAGO (Reuters) - The Federal Reserve could continue full-speed ahead on its bond-buying program through the summer, but end it abruptly in the autumn if by then it is confident that the improvement in the jobs outlook is here to stay, a top Fed...Tags: Inflation and Deflation, Labor Markets, Central Bank, Charles Evans, Money and Monetary Policy
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 21, 2013
|Story| Orlando Sentinel
May 21, 2013
|Column| Los Angeles Times
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| Los Angeles Times
May 20, 2013
|Story| Reuters
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