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WSJ.com: Economy
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Economy
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At Summit, a Struggle for Consensus
Leaders of the Group of Eight major economies struggled to agree on next steps to calm Europe's debt crisis.
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China's Wen Pledges Decisive Action on Economy
Chinese Premier Wen Jiabao declared that policies meant to prevent a rapid economic slowdown must be applied decisively, suggesting that Beijing is leaving the door open for more-aggressive measures.
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Queensland Scales Back Coal Project
The Queensland government withdrew its support for a $9 billion coal-port expansion in the northern part of the state, in a sign Australia's resources boom is losing steam.
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Europe Weighs Exit Scenario
Europe has begun to prepare for a possible Greek exit from the euro zone ahead of elections next month that are fast becoming a referendum on the country's membership in the common currency.
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U.S., France Talk Growth Before G-8 Summit
President Obama met France's new president, François Hollande at the White House to address the European debt crisis, Iran and Afghanistan.
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Fresh Worries Hit Spain
Jittery U.K. customers of one of Spain's biggest lenders pulled out funds on Friday, and bad debts held by Spanish banks rose to a 17-year high, underscoring the challenges facing the country's financial sector.
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Regulators Close Alabama Bank
U.S. regulators closed a bank in Alabama, bringing the nationwide tally of bank failures to 24 for the year.
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BOE Official: No Case for More QE
The U.K. is unlikely to need another dose of central bank stimulus unless "worrying" tensions in the euro zone threaten to plunge its economy back into a deep recession, a senior Bank of England official said.
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