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Economist survey: Obama plan would halt recession, add or keep 275,000 jobs

In a recent survey of 34 economists, Bloomberg News found that most agreed with less-than-optimistic predictions about President Barack Obama’s jobs plan, saying it would essentially halt the recession and push the unemployment rate down, but just slightly. The $447 billion plan, achieved mostly through reforming the tax code to…

World stocks surge on eurozone debt hopes

Global stocks rallied for a second day with a strong advance in Europe and Asia on Tuesday on signs that EU and world leaders are preparing a blockbuster response to the eurozone debt crisis. The euro steadied against the dollar as Greek Prime Minister George Papandreou headed for talks with…

European stocks fall on Greek crisis

European equities and the euro fell on Wednesday on fresh concerns over banks’ exposure to indebted Greece, but losses were capped by expectations of more stimulus measures from the US Federal Reserve. London’s FTSE 100 index of leading shares slid 0.34 percent to 5,345.76 points in morning deals, Frankfurt’s DAX…

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