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S&P upgrades MBIA, National Public Finance Guarantee fncl strength rtgs
ReutersMay 8 (Reuters) - Standard & Poor's Ratings Services on Wednesday raised the financial strength ratings of MBIA Insurance Corp and National Public Finance Guarantee Corp adding it may upgrade them further. The rating action on MBIA - with a financial...Tags: Standard & Poor's Financial Services LLC, Politics, Stock Market, Bank of America Corp., MBIA Incorporated
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COLUMN - Is Europe losing faith in the EU?
ReutersBy Frederick Kempe May 7 (Reuters) - Happy Europe Day! If you don't know May 9 is Europe Day, then you find yourself in good company with a majority of Europeans. Even in the most buoyant time, this holiday - marking the Schumann Declaration,...Tags: State of the Union Address, Global Expansion, Germany, Politics, Economy, Business and Finance
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White House says would veto debt prioritization bill
Reuters* White House calls House bill "political gamesmanship" * Debt limit issue comes to a head late July or later * Prioritization seen threatening U.S. credit rating By Mark Felsenthal WASHINGTON, May 7 (Reuters) - The White House said on Tuesday the...Tags: Republican Party, Washington, DC, Labor Markets, Budgets and Budgeting, Elections
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S&P upgrades National Public Finance, says may get A rating
Reuters(Reuters) - Following a cash settlement between MBIA Inc and Bank of America , Standard & Poor's Rating upgraded on Wednesday the financial strength ratings of MBIA Insurance Corp and National Public Finance Guarantee. The rating agency, which had...Tags: Trials, Standard & Poor's Financial Services LLC, Insurance, Banking, Litigation and Regulation
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U.S. April surplus up, year-to-date deficit down -CBO
ReutersWASHINGTON, May 7 (Reuters) - April's U.S. budget surplus was bigger than a year ago and the federal government ran a much smaller deficit in the first seven months of the current fiscal year than the previous year, the Congressional Budget Office said on...Tags: Congressional Budget Office, Finance, Fannie Mae, Politics, Personal Income
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Spain admits recession worse but gets deficit leeway
ReutersMADRID/BRUSSELS (Reuters) - Spain acknowledged that its economy would shrink more than initially expected in 2013 and its budget deficit would be higher than promised, but the European Union gave it more time to bring the shortfall back down to bloc...Tags: Madrid (Spain), Gross Domestic Product, Weather Reports, Budgets and Budgeting, Economy, Business and Finance
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India's cheap food plans to prove costly for government
Reuters* Would raise subsidy bills 45 pct to up to 1.3 trln rupees * To provide cheap rice and wheat to 67.5 pct population * Will require 61 mln tonnes of grains a year By Jo Winterbottom NEW DELHI, May 7 (Reuters) - India may soon pass a new law to give...Tags: Government Debt, Consumers, Economy, Business and Finance, Elections, Budgets and Budgeting
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German finance minister softens stance on EU bank union
ReutersBERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble signaled a softer stance on European banking union on Tuesday, saying that rather than waiting for a treaty change, governments should coordinate policies on closing banks. A banking union...Tags: Government Debt, Berlin (Germany), Germany, Debt Market, Economy, Business and Finance
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Harvard debt luminaries: We don't like austerity as much as you think
ReutersBy Jason Lange WASHINGTON, April 26 (Reuters) - Two academics whose research became an intellectual touchstone for pro-austerity politicians want everyone to know they have been misunderstood. They actually don't think harsh austerity is such a great...Tags: Government Debt, Washington, DC, Productivity, Politics, The New York Times
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First, fix the tax code
The federal government is expected to hit its statutory credit limit later this month, setting the stage for yet another battle between the Obama administration and the House GOP over raising the debt ceiling. Republican leaders of the House Ways and...
Tags: Republican Party, Energy Saving, Politics, U.S. Congress, Budgets and Budgeting
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Slovenia postpones parliament vote on budget cap until late May
ReutersLJUBLJANA (Reuters) - Slovenia postponed on Tuesday a parliamentary vote on setting a cap on the budget deficit until later in May, after parties failed to agree the terms of the so-called golden fiscal rule. The euro zone state, which is battling to...Tags: National Government, Finance, Government, Politics, Slovenia
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South Sudan set to pay Sudan $2 billion in oil fees by 2015: IMF
ReutersKHARTOUM (Reuters) - Sudan looked set to receive $2 billion in oil pipeline fees from South Sudan by the end of 2014 and should prioritize overhauling its agricultural sector with the money, the International Monetary Fund (IMF) said on Tuesday. Sudan...Tags: National Government, International Monetary Fund, Politics, Government, International Organizations
May 8, 2013
|Story| Reuters
May 7, 2013
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May 7, 2013
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May 8, 2013
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May 7, 2013
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Apr 26, 2013
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May 7, 2013
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May 7, 2013
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Apr 26, 2013
|Story| Reuters
May 7, 2013
|Story| Los Angeles Times
May 7, 2013
|Story| Reuters
May 7, 2013
|Story| Reuters
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