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Snapple co-founder dies at 85
BRUSSELS, Dec. 15 (UPI) -- Credit firm Fitch Ratings said it would not downgrade France's AAA rating, but said next year might be a different story.
Two of the big three credit rating firms, Moody's and Standard and Poor's, have already lowered the country's rating, which could affect its borrowing costs, Radio France Internationale reported Saturday.
French President Francois Hollande said policies would not change. "We hear what's being said but we do not decide our policies according to one agency or another, we decide it according to the interests of France," he said following a two-day summit in Brussels.
Fitch, however, warned that, "the negative outlook is expected to be resolved during 2013 and indicates a slightly greater than 50 percent chance of a downgrade," The Wall Street Journal reported.
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ALGIERS, Algeria, May 24 (UPI) --
Algeria's government is under pressure to ease its foreign energy investment laws after BP warned it may delay important projects in the North African state.
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ARLINGTON, Va., May 24 (UPI) --
BAE Systems has received a two-year contract extension from the U.S. Army Space and Missile Defense Command to support its Future Warfare Center.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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