Portugal Wins EU-IMF Aid Package, Fanning European Backlash Over Bailouts - Bloomberg

Portugal won a 78 billion-euro ($116 billion) international aid package, fanning domestic controversy over budget cuts amid an election campaign and renewing discontent in Europe’s richer countries over bailouts.
Emergency lending for Portugal lifted the cost of fighting Europe’s debt crisis to 256 billion euros just as speculation mounts that Greece, the country where it […]

Singapore Production Growth Accelerates as Drug, Electronics Output Climbs - Bloomberg

Singapore’s industrial output grew at the fastest pace in four months as manufacturers produced more pharmaceuticals and computer parts, bolstering an economic expansion that has allowed the central bank to tighten policy.
Manufacturing, which accounts for about a quarter of the economy, climbed 22 percent in March from a year earlier after a revised 4.7 […]

Casinos show 5.5 percent growth in February

St. Louis-area casinos raked in $92.8 million in gaming revenue in February, according to new figures out this week. That makes the month, by one key measure, the industry’s strongest in nearly a year.
Business at the area’s six casinos grew 5.5 percent compared with the same month last year, according to numbers from Missouri and […]

U.S. Mortgage Demand Falls to Two-Year Low as Refinancing Drops - Bloomberg

The number of applications for U.S. mortgages fell last week to the lowest level in more than two years as higher borrowing costs depressed refinancing.
The Mortgage Bankers Association’s index of loan applications decreased 9.5 percent in the week ended Feb. 11, dropping to the lowest point since November 2008. The group’s refinancing measure slumped […]

Ontario households at risk due to rising debt

Ontario is one of four provinces where households are most financially vulnerable, TD Economics says in a new study examining Canadians

With new casino, Syria bets on openness to world

The young roulette dealer, dressed in electric green, gives the wheel a spin as a crowd of men clutch their whiskey glasses, hoping to strike it rich.
Thus begins a night of gambling, drinking and mingling at the newly opened Casino Damascus _ the first to open in Syria in nearly four decades.
The glittering casino showcases […]

Homeland Security cancels Boeing border fence program

The U.S. Department of Homeland Security canceled Boeing’s border fence program Friday, putting an end to a five-year-long project long plagued by delays and technical problems.
The Secured Border Initiative Net, or SBI Net, is a network of ground tower-mounted sensors, cameras and radars that the Bush administration backed five years ago as a security measure.
It […]

Oil still fouling La. marshes, tour finds

Federal and Louisiana officials got into a heated argument Friday over the cleanup of oiled marshes during a tour of an area that remains fouled 8 1/2 months after the Deepwater Horizon rig explosion in the Gulf of Mexico.
State and Plaquemines Parish officials took media on a boat tour of Barataria Bay, pointing out an […]

Ford tops auto market for first time in more than half a century

Ford has capped a remarkable renaissance in Canada by becoming the auto industry

EU leaders agree to align economies better amid tensions, downgrades over debts

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