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Drones over U.S. may pose security risks
WASHINGTON, Aug. 18 (UPI) -- The stark reality of the economic downturn is reflected in court statistics showing U.S. bankruptcy filings rose 20 percent from June 2009 to June 2010.
A report from the Administrative Office of the U.S. Courts released Tuesday indicates Chapter 7 bankruptcy filings, which forgive most debts, were up 25 percent over the 12-month period to more than 1.1 million filings.
Chapter 13 filings, which require debtors to repay some of their debt, rose 10 percent and Chapter 11 filings, used mostly by businesses to reorganize debt, were up 2 percent with 14,272 filings.
The more than 1.5 million filings marked the highest number of bankruptcies in a 12-month period since Congress passed the bankruptcy reform act five years ago, The Hill said.
Overall, bankruptcy court filings by individuals increased 21 percent and business bankruptcies were up 8 percent from June to June.
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BAGHDAD, Feb. 10 (UPI) --
Iran has been plundering oil from southern Iraq, a theft on a grand scale that's helping Tehran withstand sanctions aimed at throttling its oil exports.
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ARLINGTON, Va., Feb. 10 (UPI) --
The United States and Israel have flight tested the Arrow Weapon System to evaluate and verify the missile system's Block 4configuration.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Doubts about the euro are not subsiding, new leadership or not, rescue plan or not.
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