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New Navy submarine completes trials
BEIJING, Feb. 9 (UPI) -- Lending is on the rise in China as the economy rebounds from a seven-quarter trend of slower growth, the People's Bank of China said.
Lending rose to $170.4 billion in January, a $53.5 billion increase from January 2012, the central bank said.
Lending was the highest since January 2010, when new loans reached $223 billion, China's official Xinhua news agency reported Saturday.
China's gross domestic product rose at an annual rate of 7.9 percent in the fourth quarter. It was the first year-over-year acceleration in nearly two years.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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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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