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  1. EMERGING MARKETS-Brazil real slides on fiscal noise, Fed concern

    Headlines

    Mon, 25 May 2015

    RIO DE JANEIRO, May 25 (Reuters) - Brazil's real led losses among Latin American currencies on Monday as questions about the political support to Brazilian austerity measures added to concern about...

  2. Greek PM says on final stretch toward deal with lenders

    Headlines

    Sat, 23 May 2015

    ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras said on Saturday his government was on the final stretch of negotiations with its international lenders on a cash-for-reforms deal that would not involve further pension cuts and harsh austerity .

  3. Greek PM says on final stretch towards deal with lenders

    Headlines

    Sat, 23 May 2015

    ATHENS, May 23 (Reuters) - Greece's Prime Minister Alexis Tsipras said on Saturday his leftist-led government was on the final stretch of negotiations with its international lenders on a cash-for-reforms deal that would not involve further pension cuts and harsh austerity .

  4. Brazil confirms $23 bln spending freeze for 2015

    Headlines

    Fri, 22 May 2015

    BRASILIA, May 22 (Reuters) - The Brazilian government said on Friday it will freeze 69.9 billion reais ($22.6 billion) in spending this year, signaling greater commitment to austerity as President...

  5. Greece to cut bank rescue fund managers' pay by 40 pct

    Headlines

    Fri, 22 May 2015

    ATHENS, May 22 (Reuters) - Cash-strapped Greece will cut the pay of bank bailout fund executives by 40 percent because their salaries are a "provocation" during a time of austerity cuts elsewhere, the finance ministry said on Friday.

  6. The Idolatry of Interest Rates

    Headlines

    Thu, 21 May 2015

    off private sector demand. Both of these arguments are misguided. The Ricardian equivalence viewpoint is tied up with the austerity -defending “sound finance” school of rhetoric seemingly beloved by politicians of pretty much every hue these days

  7. U.K. Investors Vote Against Uncertainty

    Headlines

    Mon, 18 May 2015

    Looking further ahead, the markets seem unlikely to push these moves too much further. The likelihood of a fresh round of austerity probably means less growth and a different policy mix than seemed likely only yesterday. Slower growth may dampen equity

  8. RPT-Brazil risks losing $1.7 bln with payroll tax bill changes

    Headlines

    Fri, 15 May 2015

    BRASILIA, May 15 (Reuters) - The Brazilian government's proposal to roll back tax breaks as part of its austerity drive is being diluted in Congress and the country could lose 5 billion reais ($1.7...

  9. Brazil risks losing $1.7 bln with payroll tax bill changes

    Headlines

    Thu, 14 May 2015

    BRASILIA, May 14 (Reuters) - The Brazilian government's proposal to roll back tax breaks as part of its austerity drive is being diluted in Congress and the country could lose 5 billion reais ($1.7...

  10. ST Engineering’s First-Quarter Result Meet Our Expectations

    Commentary

    Wed, 13 May 2015

    conversion businesses is a favorable longer-term growth driver. Risks include lower defense budgets in Europe as a result of austerity , and weaker shipbuilding and ship repair revenue resulting from high competition. Revenue was down 3% in the quarter compared

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