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Economist on why emerging markets renege on loans

For emerging markets struggling to stay afloat, securing loans from foreign investors can be a lifesaver. But when neither creditors nor investors are sure of the economy's chance of success, the outcome can be unpredictable.

Lawmaker accuses Google of dodging taxes (Update 2)

An influential committee of British lawmakers accused search company Google of dodging its taxes on Thursday in a scathing report that said the U.S. Internet company took on highly contrived arrangements serving no purpose ...

Thanksgiving steals sales from Black Friday

Thanksgiving shopping on Thursday took a noticeable bite out of Black Friday's start to the holiday season, as the latest survey found retail sales in stores fell slightly from last year.

Taiwan to step up cyberwar capabilities: report

Taiwan plans to beef up its cyberwar capabilities to counter a perceived threat from Chinese hackers targeting government and security websites, local media reported Sunday.

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