But the shortcomings of the agreement have once again undermined renewed confidence in the eurozone and sent the bond yields of several countries higher, including Spain and Italy.
Euro crisis deepens as time starts to run out for Spain's banks and regions | Business ... - 0 views
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The Spanish government said a predicted rise in GDP next year of 0.4% had proved optimistic, and the economy would suffer another year of recession.
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Regional governments deliver the key parts of the welfare state, including health, education and social services.
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Tennessee Valley Authority to close 8 coal-fired power units - The Washington Post - 0 views
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The Tennessee Valley Authority, one of the nation’s five biggest users of coal for electricity generation, said Thursday it would close down eight coal-fired power units with 3,300 megawatts of capacity.
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Many of the plants were more than 50 years old, and under a consent decree between the TVA, four state governments and the Sierra Club, the authority was required to install additional pollution control equipment known as scrubbers or shut down the plants
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Johnson said that electricity demand has dropped nearly 10 percent over the past five years., half of that because one company, USEC, which produced and sold enriched uranium for commercial nuclear power plants, ceased its energy-intensive operations.
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Kazakhstan's Bet on Rail - NYTimes.com - 0 views
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Kazakhstan’s Bet on Rail
Ford Pays a High Price for Plant Closing in Belgium - NYTimes.com - 0 views
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In Genk, a city of 65,000 people, many of them descendants of Italians, Turks or Moroccans who came decades ago to dig coal, an estimated 10,000 jobs will be lost at the end of next year when Ford closes the factory.
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And Genk was among the European factories with the most excess capacity.
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In 2012, Ford lost $1.8 billion in Europe for the full year.
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Applying Creativity to a Byproduct of Oil Drilling in North Dakota - NYTimes.com - 0 views
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Applying Creativity to a Byproduct of Oil Drilling in North Dakota
Economic Statistics Miss the Benefits of Technology - NYTimes.com - 0 views
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“Pretty much every human on earth can access all human knowledge,” said Hal Varian, Google’s chief economist.
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o how to measure the Internet’s contribution to our lives? A few years ago, Austan Goolsbee of the University of Chicago and Peter J. Klenow of Stanford gave it a shot. They estimated that the value consumers gained from the Internet amounted to about 2 percent of their income — an order of magnitude larger than what they spent to go online. Their trick was to measure not only how much money users spent on access but also how much of their leisure time they spent online.
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Earlier this year, Yan Chen, Grace YoungJoo Jeon and Yong-Mi Kim of the University of Michigan published the result of an experiment that found that people who had access to a search engine took 15 minutes less to answer a question than those without online access.
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Utilities Switch Off Investment in Fossil Fuel Plants - NYTimes.com - 0 views
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workers at the large power station known as Keadby 1 are preparing to shut it down at the end of the summer, with the loss of about 40 jobs.
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fluctuations in global energy markets have made the natural gas power plant unprofitable
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Long-Haul Expansion by a Norwegian Carrier Upsets U.S. Airlines - NYTimes.com - 0 views
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Long-Haul Expansion by a Norwegian Carrier Upsets U.S. Airlines
Steel Industry Feeling Stress as Automakers Turn to Aluminum - NYTimes.com - 0 views
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Steel Industry Feeling Stress as Automakers Turn to Aluminum
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These are headed for Mexico, to Navistar’s stamping plant there.Continue reading the main story
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Now, they are trying to respond, making lighter, stronger steel in a bid to retain one of their most important customers, the automakers.
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Chinese Currency Falls to Lowest Level in Nearly a Year - NYTimes.com - 0 views
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Chinese Currency Falls to Lowest Level in Nearly a Year
In a Bean, a Boon to Biotech - NYTimes.com - 0 views
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In a Bean, a Boon to Biotech
Robert P. Murphy, Why Government Doesn't-and Can't-Manage Resources Like a Private Busi... - 0 views
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Why Government Doesn't—and Can't—Manage Resources Like a Private Business
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