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Nov 22

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Spain’s New Government Must Now Tackle Spending Cuts

By Larisa Epatko

Spain's conservative Popular Party and its leader Mariano Rajoy -- the victors in last weekend's parliamentary elections -- now have the difficult job of implementing spending cuts for the sake of Spain's economy while keeping the public and markets on…

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Nov 11

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News Wrap: SEC Penalizes Employees for Failure to Spot Madoff Scheme

In other news Friday, the Securities and Exchange Commission penalized eight employees for failing to spot Bernard Madoff's Ponzi scheme over 16 years. The agency said the measures ranged from pay cuts to suspensions, but no one was fired. Also,…

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Nov 09

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Italy’s Debt Dilemma: Too Big to Fail and Too Big to Rescue?

Jeffrey Brown discusses Italy's rapidly escalating debt crisis and the implications for the rest of the Eurozone with Il Sole's Mario Calvo-Platero and Bloomberg-BusinessWeek's Roben Farzad.

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Nov 03

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‘Like G-20 Didn’t Happen’: Greek Crisis Overshadows Summit

Under pressure from other countries, Greek Prime Minister George Papandreou scrapped plans to have his citizens vote in a referendum on a new European bailout, but he faces a brewing political crisis. Margret Warner discusses the eurozone's problems with Steven…

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Nov 02

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European Leaders Struggle to Hold Together Greek Bailout Deal

Greek Prime Minister George Papandreou flew to France late Wednesday to explain his sudden call for a referendum on a new European bailout for his country. Gray Gibbon and Faisal Islam of Independent Television News report.

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Nov 01

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With Debt Fix in Danger, Is it Europe’s ‘Lehman Moment’?

World markets were shaken Tuesday by new fears that the European debt deal might come unglued. Jeffrey Brown discusses the move with a reporter in Athens and a market analyst.

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Nov 01

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Greece’s Call for Referendum on Bailout Sends Markets Tumbling

Markets dropped Tuesday when Greece's leaders called for a referendum to the massive bailout package that emerged from an emergency summit last week. Jeffrey Brown reports.

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Oct 28

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U.S. Corporations ‘in Good Financial Shape,’ but Still Reluctant to Hire

Will Recent Market Gains Counter Job Losses for Economy?…

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Oct 27

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Will Europe’s Debt Deal Calm Fears of Prolonged Recessions?

European leaders reached a deal over their debt crisis at an emergency summit Thursday in Brussels. Jeffrey Brown discusses how the new agreement is expected to help solve the eurozone's problems with Joao Vale de Almeida of the Delegation of…

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Oct 26

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In EU Efforts to Fix Debt Crisis, Divisions Remain and Questions Unanswered

The German Parliament passed a measure to boost a bailout fund for the eurozone as leaders arrived in Brussels for an emergency European Union summit. Margret Warner discusses what EU leaders hope to accomplish at the summit with Zanny Minton…

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