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Greeks leery of debt-relief talks as they brace for tax wave

  Bloomberg Ioannis Plotas doesn’t share his prime minister’s belief that the start of debt-relief discussions on Monday is a step forward for Greece. Rather, the 52-year-old is worried that the latest hikes in income tax and social security contributions passed by Greek lawmakers on Sunday to appease creditors will drive the dry cleaning shop he runs with his sister ...

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Fed faces 2015 deja vu as markets discount rate-increase chances

  Bloomberg For Janet Yellen’s Fed, 2016 is beginning to look all too familiar — another saga of disappointment and downgrade. Last year, Federal Reserve officials started off signaling two interest-rate increases but those plans didn’t work out: Weak first-quarter U.S. growth delayed action in June, international concerns took September off the table and liftoff finally happened in December. This ...

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Bird flu egg boom goes bust as US farms quick to replace flock

  Bloomberg America’s egg crisis is over. Not only have shortages disappeared, but there are signs of an emerging glut. U.S. prices have tumbled 75 percent from a record in August, after the biggest bird-flu outbreak ever forced farmers to destroy flocks. Since then, the laying-hen population has rebounded faster than expected while demand languished from home chefs to food ...

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