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Ratings agency Standard & Poor's has pushed Egypt's sovereign credit ratings deeper into junk status, citing continued pressure'' on foreign reserves. In a setback to the already worsening economy, S&P said in a statement Thursday that it cut Egypt's
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A new report suggests that the Dodge Avenger may be especially popular with subprime new-car buyers. Photo credit: Chrysler New-car sales have come a long way since the dark days of the economic crisis. Sales in 2009 hit lows not seen since the early
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In a written statement, Moody's said "the Government of Turkey (Ba1 positive) agreed to form a parliamentary investigative commission "to evaluate the resolution process" a visible and credit-positive step in the country's progress toward peace after
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I was one of the lucky ones who participated in live-in seminars learning the contending ideologies as applied to the socio-economic and political problems besetting the Philippines at the time. I was lucky because I got exposed to intellectual
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Fitch Ratings gave the country its first investment-grade rating last week, state officials said over the weekend. "We are one of the most underrated countries by the credit rating agencies," said Finance Secretary Cesar V. Purisima in a text
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P '+google_ads[i].line2 +' '+google_ads[i].line3 + ' PTI : New Delhi, Thu Feb 28 2013, 21:03 hrs Standard & Poor's (S&P) today said the Budget for fiscal year 2013-14 will have no impact on the country's sovereign credit rating. "The latest budget
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Powered by What common man can expect from Budget 2013 I ndia's fiscal deficit during the financial year 2012-13 was 5.3 per cent of the national GDP, much higher than the initial target of 4.6 per cent. This is not good because it causes nervousness
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25 February 2013 A failed romance won't just cost you time, tears and heart ache, millions of Brits are finding a relationship breakdown can also bring the additional stress of being credit blacklisted as a result of their ex's money troubles. Nearly
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Jebali Announces Resignation 20 February 2013 Prime Minister Hamadi Jebali has announced that he had presented his resignation to the President of the Republic, asserting, however, that he "is ready to remain at the service of the people" as part of
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But the collateral damage could spell bad news for a number of parties and has implications even for the overall health of the U.S. economy. The Justice Dept., joined by attorneys general from 16 states, unveiled a case accusing S&P of fudging its
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