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Three other nations on the fringe of the euro zone--Portugal, Ireland and Spain--are caught in the undertow of Greece's crisis. All three have displayed better fiscal behavior than Greece, but they suffer from the same disconnect between their dire local economic conditions and the monetary policymakers in Frankfurt with other things on their minds. Meanwhile, a core euro-zone country, Italy, has also fallen out of favor with investors because of its high government debt. In a sure sign that these troubles are serious, market analysts have assigned them a catchy acronym: PIGS, for Portugal, Ireland, Greece...

Author: /time Magazine | Title: Echoes of Greece's Debt Crisis | 2/22/2010 | See Source »

...crisis] has the potential to jeopardize small businesses,” Jackson said. “Community banks stand to suffer the most and they are the primary lenders to small businesses...

Author: By Katherine M. Savarese, CONTRIBUTING WRITER | Title: Congressional Oversight Panel Predicts Real Estate Loan Failures | 2/22/2010 | See Source »

Mass. General’s chief surgeon Andrew L. Warshaw acknowledges the necessity of Partners’ policy overhaul but says he is concerned that certain initiatives such as surgical fellowships, which are generally dependent on industry funding, may suffer from the crackdown on outside funding...

Author: By Barbara B. Depena and Laura G. Mirviss, CRIMSON STAFF WRITERS | Title: Partners' Conflict of Interest Policy's Reach Concerns Docs | 2/19/2010 | See Source »

Ultimately, states should prioritize education even during times of fiscal difficulty. Allowing schools to suffer budget cuts sends an undesirable message to students. In light of this, the Utah legislature must act on other means to remedy their deficit...

Author: By The Crimson Staff | Title: Stay in School | 2/18/2010 | See Source »

There are other obstacles. Three of the four interested parties - the Israelis, the West Bank Palestinians and Egypt - are more than happy to let Hamas suffer in perpetuity. That may make political sense in the short term, but it is creating an intractable long-term problem: the rise of a new generation that's even more radical than Hamas and even more angry at Israel...

Author: /time Magazine | Title: Unraveling the Middle East Muddle | 2/18/2010 | See Source »

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