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In a world where Rwanda debuts in long-term market borrowing and pays 6.8% for a 10-year bond, as happened a few days ago, Portugal borrowing at 5.7% seems a smaller victory than one might originally have thought.
WSJ: Good Omens But No Guarantees for Portugal
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Even though the Australian press was able to sketch his background 18 months ago (borrowing on some Wall Street Journal reporting), Liu acquired a major stake in two overseas Aussie ventures, Sundance Resources and Moly Mines, and this week turned out not well for all of them.
FORBES: Asia's Week: Another Wild One on China's Business Frontier
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Despite an economy that is weaker than almost anyone outside the left predicted two years ago, public-sector borrowing has fallen about as quickly as was forecast.
ECONOMIST: Two years of the coalition