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Reporting from Washington -- Construction spending fell less than expected in November as record activity on nonresidential projects helped offset another steep decline in housing. But the outlook remains bleak as credit is tight for builders trying ... more...

November construction spending falls less than expected - Los Angeles Times
For most of the 1990s, the euro was the big political question for both Spain and the UK. In Britain, the question was whether to join, while in Spain the concern was whether its economy was robust enough to qualify for membership. As the credit ... more...