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Benefits cuts 'cost families 1,227'

2015-01-23 01:19:50| BBC News | Business | UK Edition

Coalition austerity changes to taxes and benefits have cost the average UK household 1,127 a year, according to the Institute for Fiscal Studies.

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When it comes to climate, Modi is more worried about renewables than Obama's emission cuts

2015-01-22 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: With U.S. President Barack Obamas visit to India just days away, Prime Minister Narendra Modi is focused more on boosting the use of renewables in his country than committing to cuts in greenhouse-gas emissions. Obama announced a pact with China two months ago for capping emissions, raising the pressure on India, the third-biggest greenhouse polluter behind those two countries, to follow suit. Instead, Modi is likely to cite a 90 percent success rate in a program aimed at forcing companies to...

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Judge Cuts Total BP Oil-Spill Estimate

2015-01-21 23:08:33| ENR.com: Headline News

Judge Cuts Total BP OIl Spill Estimate

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BHP cuts shale rigs on oil collapse

2015-01-21 11:58:51| BBC News | Business | UK Edition

The falling oil price has forced the world's biggest miner BHP Billiton to cut its US shale oil operation by 40%.

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Oil falls again as IMF cuts forecast

2015-01-21 09:27:51| Oil & Gas - Topix.net

Oil fell as much as 5 per cent on Tuesday after the International Monetary Fund cut its 2015 global economic forecast on lower fuel demand and key producer Iran hinted prices could drop to US$25 a barrel without supportive OPEC action. An expected slide in the US oil rig count in the first quarter compared with the fourth quarter of last year failed to boost sentiment as traders and investors remain glued on concerns of oil oversupply.

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