AP – A look at economic developments and activity in major stock markets around the world Wednesday:
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Archive for February 15th, 2012
A look at economic developments around the globe (AP)
Obama’s Manufacturing Push Meets Skepticism From Experts
Obama has proposed using the tax code to create incentives for manufacturers to create jobs in the U.S. rather than abroad. Rick Santorum, who is running for the Republican presidential nomination, has also proposed tax-based incentives for manufacturers. But it’s worth noting that some economists see risks in politicians and other policymakers making such...
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House leaders praise emerging payroll tax cut deal (AP)
AP – Congressional leaders of both parties praised an emerging deal Wednesday to extend a payroll tax cut and extra jobless benefits through 2012, but cautioned that bargainers still had to nail down final details.
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‘Flying Mop’ And Other Canine Glam Shots
Though dogs are cute, that’s not what motivates English photographer Tim Flach. » E-Mail This » Add to Del.icio.us
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Eurozone economy shrinks by 0.3 percent in Q4 (AP)
AP – Official figures show that the 17-nation eurozone economy contracted by 0.3 percent in the final three months of 2011 as many countries slipped back into recession.
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For China’s Likely Premier, A Western Influence
Li Keqiang, who is in line to become China’s next premier, has a very different resume than other Chinese leaders. He speaks English well, translated a book by a prominent British judge, and mingled with activist students when he attended Peking University three decades ago. » E-Mail This » Add to Del.icio.us
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24 hours to stop an environmental catastrophe (Democracyforamerica)
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Do Manufacturers Need Special Treatment?
In one of the most uninformed #8212; and counter-productive #8212; op-eds we#8217;ve read in the last five years, President Barack Obama#8217;s first chairwoman of the Council of Economic Advisors, Christina D. Romer, just spent 1,200 words arguing that we should do nothing about the crisis in American manufacturing. She meticulously constructed three straw men...
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Australia, aiming for surplus, hikes taxes on rich (AP)
AP – Australian lawmakers on Wednesday narrowly approved tax hikes for the wealthy that will help the government meet its pledge to deliver a budget surplus next year.
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Va. House GOP Muscles Through Abortion Curbs
A Republican supermajority has muscled two of the most restrictive anti-abortion bills in years through the Virginia House, including one that would all but outlaw the procedure in the state by declaring that the rights of persons apply from the moment sperm and egg unite. » E-Mail This » Add to Del.icio.us
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