Britain lost its top credit rating by Moody’s Investors Service, which cited weakness in the
nation’s growth outlook and challenges to the government’s fiscal consolidation program.
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Diplomats from over 190 countries agreed on a draft text on green global development on Tuesday to be approved this week at a summit in Rio de Janeiro, but environmentalists complained the agreement was too weak.
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President Barack Obama told campaign donors in Chicago and Minnesota that Europe’s sovereign debt crisis is largely to blame for the slowest month of U.S. employment growth in a year, seeking to counter an issue weighing on his re-election bid.
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Egan-Jones Ratings cut Spain’s credit level further on Tuesday, citing the same weak banking sector that led the agency to downgrade Spain less than a month earlier.
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One of the candidates in the French presidential race has criticised European council president Herman Van Rompuy. Francois Bayrou, of the centrist MoDem party, said he believed that Van Rompuy had recently been given a second term “because of his weak personality”.
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One of the candidates in the French presidential race has criticised European council president Herman Van Rompuy. Francois Bayrou, of the centrist MoDem party, said he believed that Van Rompuy had recently been given a second term “because of his weak personality”.
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Cocaine-related emergency-room admissions, overdoses and requests for rehab have declined since the economy started its 2008 decline, according to data obtained by The Post.
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