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International News

Germany sees 'revolution' if welfare model scrapped

Germany sees 'revolution' if welfare model scrapped

German Finance Minister Wolfgang Schaeuble warned on Tuesday that failure to win the battle against youth unemployment could tear Europe apart, while abandoning the continent's welfare...
Ingrid Melander and Nicholas Vinocur, Reuters
Posted on 5-28-2013 at 8:38 AM
Economic reality finally cracks global market fervor

Economic reality finally cracks global market fervor

ANALYSIS: As evidence mounts that a mid-year slowdown is taking place in the world economy, the next few days will offer a clearer glimpse of how that will impinge on policymaking and...
Andy Bruce, Reuters
Posted on 5-27-2013 at 7:16 AM
S&P says France must deliver promised budget cuts to protect rating

S&P says France must deliver promised budget cuts to protect rating

France needs to deliver promised budget cuts if it wants to avoid a further credit rating downgrade, Standard & Poor's lead analyst for France told Reuters on Monday.
Ingrid Melander, Reuters
Posted on 5-27-2013 at 2:10 PM
Top investors seek to buy Club Med in $700M deal

Top investors seek to buy Club Med in $700M deal

Club Mediterranee's top shareholders plan to take over the French holiday firm in a bid that values it at around 541 million euros ($700 million US), to accelerate its shift to fast-growing...
Dominique Vidalon, Reuters
Posted on 5-27-2013 at 10:34 AM
Europe's austerity-to-growth shift largely semantic

Europe's austerity-to-growth shift largely semantic

Analysis: The rhetoric has changed surrounding austerity in the euro zone, but there has been no policy U-turn.
Paul Taylor, Reuters
Posted on 5-27-2013 at 8:52 AM
Low-carat gold at Irish end of U.S. corporate rainbow

Low-carat gold at Irish end of U.S. corporate rainbow

Irish officials and business leaders like to trumpet their success in attracting U.S. investment as proof the country is on the road to recovery.
Carmel Crimmins and Conor Humphries, Reuters
Posted on 5-24-2013 at 2:15 PM
German economy to pick up but fall short of traditional pace

German economy to pick up but fall short of traditional pace

Germany's economy will recover from a bout of winter weakness but fall well short of the dynamic growth rates of previous years as euro zone recession and global slowdown stunt exports and...
Sarah Marsh, Reuters
Posted on 5-24-2013 at 8:01 AM
Nikkei plunge poses first serious test for Abenomics

Nikkei plunge poses first serious test for Abenomics

This week's turbulence in Tokyo markets exposes a key risk of Prime Minister Shinzo Abe's all-in strategy to revive Japan's economy - if investor confidence falters, the government and...
William Mallard, Reuters
Posted on 5-24-2013 at 8:00 AM

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