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Archive for February 21st, 2012
100% Proof Mitt (talking-points-memo)
Dow 13,000: What got it there?
For the first time since May, 2008, the Dow Jones Industrial Average traded above the psychological milestone of 13,000. Yes, 13,000 is just a number, but every time we reach a milestone, it helps investors shed a little bit more of their post-financial crisis stress disorder. Given that the Dow was touched a 52-week...
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Metals up on Greece aid, China move to spur growth (AP)
AP – Metals prices jumped Tuesday on expectations that demand may improve after a new Greek bailout package was approved and China took another step to stimulate economic growth.
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Retired Massachusetts Judge Defends Forced Abortion Ruling
The mentally ill woman objected to the abortion citing her religious beliefs. But the judge granted the woman’s parents guardianship so they could consent to the abortion. The case was eventually overturned by an appeals court. » E-Mail This » Add to Del.icio.us
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Fed’s housing blueprint is lost in din of politics (Reuters)
Reuters – In mid-2011, with the U.S. economy at risk of a new recession, top Federal Reserve officials began to explore a different way to shore up the recovery: looking for fixes for the battered housing market.
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How Using Antibiotics In Animal Feed Creates Superbugs
Researchers have shown how a bacterium resistant to antibiotic treatment passed from humans to pigs to humans. And now the new resistant human bug appears to be spreading beyond people with direct exposure to livestock. » E-Mail This » Add to Del.icio.us
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Congress targets federal workers for savings (AP)
AP – Federal workers were $15 billion losers as Congress looked for ways to pay for parts of the just-passed legislation to extend the payroll tax cut and federal unemployment benefits through the end of the year.
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Greece Secures Bailout To Avoid Debt Default
Greece won a second massive financial bailout early Tuesday morning when its partners in the 17-country eurozone finally stitched together a $170 billion rescue, meant to avoid a potentially disastrous default and secure the euro currency. » E-Mail This » Add to Del.icio.us
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Eurozone seals second Greek bailout (Reuters)
Reuters – Euro zone finance ministers sealed on Tuesday a second bailout for debt-laden Greece that will resolve its immediate financing needs but seems unlikely to revive the nation’s shattered economy.
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Provisional Deal On Greek Bailout Reached
After more than 12 hours of talks, the countries that use the euro reached an agreement early Tuesday to hand Greece euro130 billion ($170 billion) in extra bailout loans to save it from a potentially disastrous default next month, an European Union diplomat said. » E-Mail This » Add to Del.icio.us
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