IMF chief warns of high Arab public debt

DUBAI, Feb 09 (AFP): Public debt has rapidly increased in many Arab countries since the 2008 global financial crisis, due to persistently high budget deficits, the International Monetary Fund warned on Saturday."Unfortunately, the region has yet to fully recover from the global financial crisis and other big economic dislocations over...

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US Steel wins tax breaks from one of America's poorest cities

GARY (Indiana), Feb 09 (Reuters): United States Steel Corporation founded Gary, Indiana in 1906 - naming it after co-founder Elbert Henry Gary - and the city's fortunes have been closely tied to the company ever since.When the firm started losing business to cheap Asian imports in the 1970s, waves of...

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