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New Greek Budget Calls For More Cuts, Tax Hikes

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The Greek government passed a 2013 budget on Monday that includes more spending cuts and tax hikes. But European leaders, while welcoming the move, won't give Greece its latest loan fix for now because of the country's rising debt. More than two years after Greece adopted a punishing austerity regimen in exchange for bailout loans, the country remains deeply in debt and addicted to loans. There has been some progress on reforms, especially in doing business in Greece, but this has been vastly overshadowed by a deep recession that has left more than a quarter of the work force unemployed and a mounting debt that everyone agrees is unsustainable.

'Blackacre': A Collection Of Poems About 'Searching And Being Buffeted'

Tess Taylor reviews the poetry collection Blackacre by Monica Youn.

Trick Or Treat? Critics Blast Big Soda's Efforts To Fend Off Taxes

Several U.S. cities have sugary drink taxes on the ballot. As efforts to reduce soda consumption gain traction around the world, critics say the industry is using the tobacco playbook to fight back.

Who Do You Think Won The Debate? It May Depend Which Network You Watched

Everyone watched the same debate, but not everyone watched the same post-game coverage. That can make all the difference.

China's Internet Stars Embrace Lowbrow — And Aim For High Profits

China's Internet stars are widely panned as vulgar, vapid and materialistic. But China's fierce demand for online content is helping the newly minted celebs to surpass A-list movie stars in earnings.

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