December 7, 2013
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Spain’s Bad Bank "FROB" Admits More Taxpayer Bailouts Likely
By News DeskView original post here: Spain’s Bad Bank "FROB" Admits More Taxpayer Bailouts Likely
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View original post here: Spain’s Bad Bank "FROB" Admits More Taxpayer Bailouts Likely
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U.S. car sales are up
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Debt Deflation in Spain: Record 4.7% Decline in Household Credit, Business Lending Down 10% Posted by Michael Shedlock at 10:01 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
Bloomberg reports Emerging Market Slowdown to Last for Years Unilever (UNA) Chief Executive Officer Paul Polman said the economic slowdown in emerging markets is here to stay as many countries need to enact structural reforms to adjust to new conditions after the boom of recent years.“They are still relatively stronger economies, but still fragile,†Polman said. “And you see that growth coming off now a little bit, obviously not being helped either by lower demand coming from Europe and the U.S