Economy News
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By AFP
Atenas -
Greek Prime Minister Alexis Tsipras on Friday hailed an agreement by Eurozone ministers that will put an end to the country's eight-year bailout program as an "historic" step.
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By AFP
Atenas -
The Greek government on Friday said the country was "turning a page" after eurozone ministers declared its crisis over as they granted Athens debt relief under a bailout exit strategy.
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By AFP
Luxembourg -
Eurozone ministers declared the end of the Greek debt crisis early Friday agreeing debt relief and a big cash payout for Greece, part of a broad bailout exit deal that will close eight years of financial rescues for cash-strapped Athens.
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By AFP
Luxembourg -
Eurozone ministers agreed debt relief and a big cash payout for Greece early Friday, part of a broad exit deal that will close eight years of austerity and bailouts for Athens.
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By AFP
Geneva -
The UN's top expert on extreme poverty warned Thursday that contemptful and cruel US policies towards the poor were disenfranchising millions, posing a threat to democracy in the country.
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By AFP
Dubai -
The end of a decades-old female driving ban is expected to bring an economic windfall for millions of Saudi women, making it easier for them to work and do business.
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By AFP
Frankfurt Am Main -
Germany has earned some 2.9 billion euros ($3.5 billion) since 2010 on Greek debt bought to help the struggling country, a government report seen by AFP showed Thursday.
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By AFP
Luxembourg -
Eurozone ministers will on Thursday try to resolve their differences over the terms of Greece's departure from its massive bailout programme with splits over the degree of debt relief needed by cash-strapped Athens.
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By AFP
Washington -
Historically low unemployment and signs of rising inflation mean there is a "strong" case for continued, steady interest rate hikes, US Federal Reserve Chairman Jerome Powell said Wednesday.
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By AFP
Atenas -
The end to Greece's third and final multi-billion bailout, to be set in motion Thursday, is unlikely to provide a respite from pay cuts and tax hikes, many Greeks fear."It's all false, new measures will come...
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By AFP
Lagos -
Football-loving Nigerians had more than one reason to groan about the country's opening World Cup game: not only did they lose 2-0, many weren't even able to see the whole match.
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By AFP
Berlin -
German Chancellor Angela Merkel's hardline allies on Wednesday took aim at her backing for a new eurozone budget, opening up another front after an attack against her on immigration.
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By AFP
Berlin -
Chancellor Angela Merkel's conservative allies on Wednesday took aim at her backing for a new eurozone budget, German media reported, opening up another front in their attack against her.
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By AFP
Mumbai -
India has shelved its plans to sell debt-stricken national carrier Air India after failing to attract any bidders, a senior official has told local media.
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By AFP
T -
After fuelling hopes of independence from Denmark at the turn of the millennium, the Faroe Islands' dreams of an oil bonanza have turned out to be more of a mirage than a miracle.
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By AFP
Washington -
America's new protectionist trade policies make good on President Donald Trump's campaign pledges but come at significant risks. What are the strengths and weaknesses of his trade offensive?
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By AFP
Meseberg -
France's President Emmanuel Macron on Tuesday won German Chancellor Angela Merkel's backing for reforms aimed at bolstering the eurozone against crises, including a vaunted budget for the bloc.
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By AFP
Meseberg -
France and Germany have agreed to set up a common budget for the eurozone, Chancellor Angela Merkel said Tuesday, announcing a key reform proposal to bolster the bloc.
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By AFP
Frankfurt Am Main -
German carmaker Audi said Tuesday it had named a new interim chief, a day after prosecutors arrested boss Rupert Stadler in connection with parent company Volkswagen's "dieselgate" scandal.
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By AFP
Caracas -
Elizabeth Torres is outraged, but as a Venezuelan she takes the affront in her stride. "We are a country of millionaires," she says ironically, eyeing a carton of eggs in the market. Price? Three million bolivars.
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By AFP
Moscow -
A Russian government proposal to hike the state pension age to 63 for women and 65 for men had as of Monday seen more than 1.5 million people sign a petition against the move.
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By AFP
Pyongyang -
Donald Trump dangled the carrot of foreign investment in front of North Korean leader Kim Jong Un at their nuclear summit, but analysts say few will want to put money into one of the highest-risk business environments in the world.
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By AFP
Lubumbashi -
Feasting on a global demand for cobalt and copper, the mining industry in the Democratic Republic of Congo is flourishing -- but two clouds are spoiling its sunlit future.
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By AFP
Apo -
Egypt on Saturday announced new hikes on fuel prices as part of austerity measures tied to an IMF loan as it seeks to cut subsidies and reduce its public debt.
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By AFP
New York -
US farmers find themselves in the crosshairs of a trade war with China and others launched by President Donald Trump, who was elected with the support of many in rural America.
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By AFP
Apo -
Japan announced Friday plans to ease immigration restrictions and bring in more foreign workers to tackle a serious labour shortage caused by the country's ageing, shrinking population.
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By AFP
Moscow -
Russian Prime Minister Dmitry Medvedev on Thursday proposed raising the state pension age to 65 for men and 63 for women, the first such hike in almost nine decades.
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By AFP
Bejing -
Chinese economic growth showed signs of flagging in data released on Thursday as Beijing faces trade tensions with the United States as well as debt and pollution battles at home.
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By AFP
New York -
Just nine days before a big OPEC meeting, US President Donald Trump joined the oil-market fray Tuesday, blaming the group for high prices."Oil prices are too high, OPEC is at it again. Not good!" the US president said on Twitter.
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By AFP
Rome -
Italy's Economy Minister Giovanni Tria cancelled a meeting with his French counterpart in Paris on Wednesday as a diplomatic row spiralled over Rome's refusal to take in an overcrowded migrant ship.
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Economy Image
Coronado, Schoenholtz, Reinhart, and Backus at the Economic Outlook Forum at NYU Stern on September 3, 2014
Along with the closeout merchandise and surplus merchandise markets, the returned merchandise and liquidation industry generates over $100 billion dollars in revenue annually.
Shoppers entering a Loblaws store. Digital Journal
millenials by the numbers From http://blog.k12.com/
Geithner to leave in consideration of family.
Reinhart, Schoenholtz, Coronado at the Economic Outlook Forum at NYU Stern on September 3, 2014
UK - London: Occupy London, 2012 xpgomes9
Occupy London: The piazza of St Paul’s Cathedral Eman Jueid / Aslan Media
Russian President Vladimir Putin has forecast the economy will bounce back 1.4 percent in 2017 Igor Ageyenko, AFP
Fred Olsen Windcarrier's Brave Term jack-up vessel was used in the construction of the Block Island Wind Farm. Fred Olsen Windcarrier
The economic divide in Cabbagetown.
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"We are the Champions": Zukunftskongress Gesundheitswirtschaft des Bundesministeriums für Gesundheit in Berlin
Canberra: Bus Depot Markets. Stephan Ridgway
Eurozone is lost in translation as EU collapses
UK: HM Treasury entrance HM Treasury
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"We are the Champions": Zukunftskongress Gesundheitswirtschaft des Bundesministeriums für Gesundheit in Berlin
For sale sign Diana Parkhouse
Comparison of debt in countries with the Euro as currency
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