Archive | Economy
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Two expanding sectors in Egypt’s troubled economy
In 2010, according to the CIA World Factbook, the rate of unemployment in Egypt was around 9.7%. Given the economic problems caused by the revolution, the loss in revenue caused by the drop in tourism, and the uncertainty that pervades the nation’s political future, it would be safe to assume unemp...
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Geithner praises crisis response
Politicians on Capitol Hill are working to overcome partisanship and reverse the trends of a “lost decade” of economic and fiscal decisions, according to Treasury Secretary Timothy Geithner, who spoke to a crowd of over 900 people at Dartmouth College on Friday.
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Gregg calls for gov’t. spending cuts
The United States could face fiscal and economic collapse unless the federal government addresses expanding deficits and federal debt, former U.S. senator Judd Gregg, R-N.H., said in the first installment of a Summer term lecture series titled “Leading Voices in Politics and Policy.
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IRS crackdown leaves thousands without tax exempt status
Cheryl Reitan had a headache to deal with Friday. The Internal Revenue Service seemed to say the entire University of Minnesota-Duluth lost its tax-exempt status, meaning donations to the school were no longer tax-deductible.
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Agriculture dries up due to severe drought
Texas is known for its hot climate, cattle and agriculture but this summer, most are experiencing the heat. "For this time of year this seems to be the third worst drought I have ever seen in Texas," said John Nielsen-Gammon, Texas state climatologist.
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Government reductions force cuts to language programs
Several academic centers at Duke are expected to lose nearly $4 million because of cuts to government spending on international and foreign language education.
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Duke University repurchases $500M recession debt
Earlier this month, the University repurchased all of the $500 million of debt it issued during the financial crisis, a tangible display of Duke’s increased confidence in its finances.
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Column: Debunking the myth of domestic oil: All about the money
In my last column, the unraveling of the domestic oil production myth began with the concept of a global oil market - companies beholden to no specific country - and the dominance of the Organization of the Petroleum Exporting Countries.
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The Cal State University may raise annual tuition by as much 36 percent
The Cal State University may raise annual tuition by as much 36 percent, or $1,566, if it is faced with what is being called a "scorched earth budget" by Chancellor Charles B. Reed.