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U.S. Economy: Trade Deficit Widens Most Since 1999 on Imports

Sept. 10 (Bloomberg) — The U.S. trade deficit widened in July and imports gained by a record 4.7 percent, signaling a revival of commerce as the global recession eased.

The gap between imports and exports grew 16 percent, the most in more than a decade, to $32 billion from a revised $27.5 billion in […]

G8 Summit Focused on Economy, Climate Change

Leaders of the world’s eight major industrial countries, meeting in central Italy are reporting progress in their discussions on efforts to deal with global warming.

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