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November 9, 2011 Afternoon Update |
TOP NEWSAs Italy's Cost of Borrowing Surges, Europe ShuddersBy GRAHAM BOWLEY, NELSON D. SCHWARTZ and LOUISE STORYAs Italian bond rates crossed a crucial level of 7 percent on Wednesday, analysts questioned whose pockets are deep enough to bail out the nation, if necessary. Fear of Contagion Rocks MarketsBy CHRISTINE HAUSERLosses on Wall Street deepened in afternoon trading after borrowing costs for Italy cracked a key barrier. Voters Defeat Many G.O.P.-Sponsored MeasuresBy KATHARINE Q. SEELYEThe efforts included an anti-abortion initiative in Mississippi and a crackdown on voting rights in Maine.
Ahead of Egypt's Vote, Parties and Skepticism GrowBy NEIL MacFARQUHARThe question shadowing Egypt's parliamentary elections is whether a robust enough Parliament will emerge to challenge the military's 60-year grip on power. Paterno Wants to Retire at End of SeasonBy MARK VIERAJoe Paterno announced Wednesday that he plans to retire at the end of the football season, but it remained unclear if Penn State would allow him to coach that long in the wake of a sexual abuse scandal. |
MultimediaOpinion |
BUSINESSU.S. and China on Brink of Trade War Over Solar Power IndustryBy KEITH BRADSHERChinese solar panel manufacturers, which had virtually no presence in the U.S. market three years ago, now hold more than half of it. E.U. Poised to Overtake U.S. as Biggest Oil ImporterBy JULIA WERDIGIERIn its annual report, the International Energy Agency said the European Union would become the world's biggest oil importer in 2015, but would be surpassed by China by 2020. G.M. Profit Falls on Rising CostsBy NICK BUNKLEYHigher costs outweighed an increase in global sales for the third quarter. U.S. Indicts 7 in Online Ad Fraud SchemeBy JENNA WORTHAMFederal prosecutors charged seven men with orchestrating a vast Internet scheme that infected more than 4 million computers with malicious software and generated profits through online advertisements. E.U. to Tighten Web Privacy Law, Risking Trans-Atlantic DisputeBy KEVIN J. O'BRIENThe changes would require non-E.U. companies like Google and Facebook to abide by Europe's stricter rules on data collection or face fines and prosecution. |
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