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October 24, 2011 Afternoon Update |
TOP NEWSModerate Islamist Party Claims Victory in TunisiaBy DAVID D. KIRKPATRICKEnnahda appeared to emerge as the big winner in Tunisia on Monday as preliminary results leaked out in the voting for an assembly to draft a constitution and shape a new government. Administration Proposes Changes to Mortgage Refinancing ProgramBy BINYAMIN APPELBAUMThe overhaul, which will still take months to implement, will let people qualify for new loans no matter how far the value of their homes have declined, and without regard to their financial situations. Talks Adjourned, Aides Try to Iron Out Euro Rescue DetailsBy JACK EWING, GAIA PIANIGIANI AND LIZ ALDERMANFears are growing that the latest rescue will be another minimal step that falls short of a solution. Communities Rebel Against Cuomo's Cap on Local TaxesBy THOMAS KAPLANMany town boards in New York want to override a law championed by Gov. Andrew M. Cuomo that caps growth of property taxes at 2 percent, which amounts to a restriction on spending. At War BlogIn Iraq, Diplomatic Perspectives on a Deal Not MadeBy MICHAEL S. SCHMIDTFor President Obama, the announcement of the U.S. troop withdrawal was a campaign promise fulfilled, for Ambassador James Jeffrey it was an encouraging sign, for the Iraqi politician Ahmad Chalabi it was expected. |
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BUSINESSThe Divergent Fortunes of Saab and VolvoBy DAVID JOLLYCut loose by U.S. owners, Saab became an entrepreneur's long-odds dream, while Volvo thrived. Stocks Rise on Upbeat EarningsBy CHRISTINE HAUSERStrong corporate results and hope that European leaders were making progress on their debt woes helped lift shares on Wall Street. DealBookCigna to Buy HealthSpring for $3.8 BillionBy MICHAEL J. DE LA MERCEDThe deal will give Cigna a significant new presence in Medicare and senior care coverage, an area that is expected to continue growing rapidly. Vatican Calls for Global Oversight of the EconomyBy ELISABETTA POVOLEDOCiting the need for democratic and ethical principles in the marketplace, officials from the Roman Catholic Church suggested the creation of a supranational economic authority. Ex-Murdoch Executive QuestionedBy RAVI SOMAIYALes Hinton, testifying to a parliamentary committee, dismissed talk of widespread phone hacking at The News of the World as mere accusations. |
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