Showing Archived Posts

China Reports Rare Trade Deficit

Posted March 10th, 2012 at 2:00 am (UTC-5)
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Chinese officials on Saturday reported a huge trade deficit in February, as imports swamped exports, to leave the largest deficit in at least a decade. Customs data showed that exports in February earned $114.5 billion, while imports stood at $145.9 billion. The $31.4 billion deficit was the largest since the mid-1990s, and a rare exception […]

Tags: , Posted in East Asia Pacific

US Businesses Sharply Boosting Employment

Posted March 9th, 2012 at 1:55 pm (UTC-5)
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Businesses in the United States boosted payrolls more than forecast in February, while the jobless rate remained unchanged from January’s 8.3 percent. In its closely watched monthly report, the U.S. Labor Department said Friday that employers hired 227,000 new workers last month. In addition, the report revised upward the number of people hired in January […]

Tags: , , , , Posted in Economy

Greeks Strike Deal to End Financial Crisis

Posted March 9th, 2012 at 12:10 pm (UTC-5)
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VIDEO: WEB: TYPE: CN )) Greece says the majority of the country’s private lenders, including financial institutions, have agreed to a bond swap deal to help it eliminate a $142-billion debt and avoid a default on its financial obligations later this month. Greece intends to use legislation to force the remaining holdouts to sign on […]

Tags: , , , , Posted in Europe

US Businesses Sharply Boosting Employment

Posted March 9th, 2012 at 11:45 am (UTC-5)
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Businesses in the United States boosted payrolls more than forecast in February, while the jobless rate remained unchanged from January’s 8.3 percent. In its closely watched monthly report, the U.S. Labor Department said Friday that employers hired 227,000 new workers last month. In addition, the report revised upward the number of people hired in January […]

Tags: , , , Posted in Economy

US Businesses Sharply Boosting Employment

Posted March 9th, 2012 at 10:05 am (UTC-5)
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Businesses in the United States boosted payrolls more than forecast in February, while the jobless rate remained unchanged from January’s 8.3 percent. In its closely watched monthly report, the U.S. Labor Department said Friday that employers hired 227,000 new workers last month. In addition, the report revised upward the number of people hired in January […]

Tags: , , , Posted in Economy

US Businesses Sharply Boosting Employment

Posted March 9th, 2012 at 9:35 am (UTC-5)
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Businesses in the United States boosted payrolls more than forecast in February, while the jobless rate remained unchanged from January’s 8.3 percent. In its closely watched monthly report, the U.S. Labor Department said Friday that employers hired 227,000 new workers last month. In addition, the report revised upward the number of people hired in January […]

Tags: , Posted in Americas, Economy, US

Greeks Strike Deal to End Financial Crisis

Posted March 9th, 2012 at 9:25 am (UTC-5)
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Greece says the majority of the country’s private lenders, including financial institutions, have agreed to a bond swap deal to help the country eliminate a $142-billion debt and avoid a default on its financial obligations. Greece intends to use legislation to force the remaining holdouts to sign on to the agreement. French President Nicolas Sarkozy […]

Tags: , , , , Posted in Economy, Europe

Greek Economist Hails Bond Swap Deal as Economy Booster

Posted March 9th, 2012 at 5:15 am (UTC-5)
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Greece says the majority of the country’s private lenders, including financial institutions, have agreed to a bond swap deal to help it eliminate a $142-billion debt and avoid a default on its financial obligations later this month. Greece intends to use legislation to force the remaining holdouts to sign on to the agreement. The chief […]

Tags: , , , , Posted in Economy, Europe

Greece says Bond Swap Agreement is Secured With Lenders

Posted March 9th, 2012 at 2:10 am (UTC-5)
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Greece says the majority of the country’s private lenders, including financial institutions, have agreed to a bond swap deal to help it eliminate a $142-billion debt and avoid a default on its financial obligations later this month. Greece intends to use legislation to force the remaining holdouts to sign on to the agreement. Greece has […]

Tags: , , Posted in Europe

Greece Nears Debt Write-Off Goal

Posted March 8th, 2012 at 2:05 pm (UTC-5)
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Greece is nearing its goal of getting the country’s private lenders to eliminate $142 billion of the country’s debt to help it avoid a default on its financial obligations later this month. A government official told news agencies in Athens Thursday that banks, pension funds and financial institutions holding three-quarters of the country’s debt had […]

Tags: , , , , Posted in Economy, Europe

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