January 18, 2013
Fed Governor Proposes Reorganizing Banks Deemed "Too Big to Fail"
The Chicago Tribune reports Fed’s Fisher: Reorganize banks that are "too big to fail" U.S.
Hard hitting global and local news
Hard hitting global and local news
The Chicago Tribune reports Fed’s Fisher: Reorganize banks that are "too big to fail" U.S.
The New York Times reports Renault, Adjusting to Europe’s Declining Market, Will Cut 7,500 Jobs France’s ailing industrial sector took another blow on Tuesday when Renault said it planned to cut 7,500 domestic jobs by 2016, or about 17 percent of its French labor force, as it adjusts production capacity to the crushing downturn in the European car market. Of the 135,000 people Renault employs worldwide, more than 44,600 work in France. Ms.
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See original article: German Economy Shrinks Most in Three Years; Situation Significantly Worse Than Mood
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Continue Reading: France, the Hidden Zombie in Europe
Large and medium-sized businesses would easily benefit from lower payroll taxes.