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Greece secures deal to lower debt, avoid default

Greece Bailout

Greece has successfully pushed through a deal to lower its debt burden and avoid defaulting on its outstanding bonds in the near future.

 

Stocks edge higher after Tuesday's big dive

Stocks rose meekly Wednesday morning after their biggest loss this year as reassuring reports on productivity and hiring overshadowed jitters about the Greek debt crisis.

 

Failure of Greek debt deal could cost $1 trillion

Decision day for the Greek debt crisis is drawing near, and insiders are predicting that if things go awry it could cost the world economy $1 trillion.

 

Worst train tragedy in Poland in years kills 16

Train Accident

Two trains running on the same track collided head-on in southern Poland in a shower of sparks, killing 16 people and injuring 58 in the country's worst train disaster in more than 20 years....

 

Steven Pearlstein: Signs the economy has shifted in the right direction

Now Hiring

In case you haven’t noticed, the economy is actually getting better. Noticeably better. Yes, it’s been painfully slow in coming, as we continue to tack against strong headwinds coming from Europe and the Middle East as well as the strong ebb tide created by the wind-down of fiscal stimulus. And certainly the recovery has been halting and uneven.

 

James Murdoch resigns as News Intl executive chair

James Murdoch, the executive at the epicenter of the phone hacking scandal at his father's British newspapers, is stepping down as executive chairman of News Corp.'s U.K. newspaper arm, the company announced Wednesday.

 

Police dismantle Occupy London camp

Hundreds of police in riot gear staged an early morning raid Tuesday to clear Occupy protesters from a campsite outside London's St Paul's Cathedral, activists said.

 

German Lawmakers Approve New Greek Bailout

Greece Bailout

The German parliament approved a second, euro130 billion ($173 billion) loan package for Greece on Monday after Chancellor Angela Merkel warned lawmakers that it would be irresponsible to abandon the country to bankruptcy.

 

Planes laden with shipwreck treasure land in Spain

Treasure

Two military planes laden with 17 tons of silver and gold coins scooped up from a Spanish warship that sank during a 1804 gunbattle landed in Spain on Saturday, ending a 200-year odyssey that took the treasure from an ocean floor to Florida courtrooms.

 

Italian court ends corruption case vs Berlusconi

Silvio Berlusconi

Silvio Berlusconi's corruption trial ended Saturday with a court ruling that the statute of limitations had run out, handing the former premier another victory in a long string of judicial challenges.

 

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