Lazarus said doctors who treat Medicare patients face a significant amount of revenue loss.
FORBES: 27% Medicare Pay Cut For Doctors Real Danger In Fiscal Cliff
The duties are set retroactively, meaning an exporter could face a sudden jump in the amount owed a year or two after making a shipment.
The tough measures amount to a sharp about-face for the conservative government of Mr. Rajoy, who had previously rejected some of the same austerity policies Spain's partners in the European Union urged him to adopt.
Yet as things stand, our impotence in the face of our extinction means that a vast amount of medical resources are expended in the last few weeks of people's lives purely in order to render our deaths insensible and insensate.
Mr. Cordasco, who referred to Facebook's debut as a "face-plant, " had advised one qualified investor who wanted to put a large amount in the stock not to buy on the first day of trading.
In theory this policy of buying and cancelling some of the debt would reduce Greece's indebtedness, because the market price of its bonds is a fraction of the amount originally borrowed: if the EFSF paid 50m euros for Greek bonds with a face value of 100m euros, and agreed that Greece should have an obligation to replay only the 50m euros, that would reduce Greece's indebtedness by 50m euros.
In the case of Brazil, firms appear to be confusing rising demand with rising inflation and, in the face of a record low unemployment rate, and a limited amount of qualified labor, hoard and overpay workers despite falling output.
High taxation on payrolls and a prohibitive amount of bureaucracy are just some of the hurdles that face any foreign company trying to break into the market.
But there's another reason for the public's fascination: "Let's face it, these are fabulously wealthy, gorgeous people and I think there is a certain amount of, 'Oh goody, something bad is happening to them, '" he says of the perverse delight the public takes.
For weeks, there has been a clear gap between the amount of debt relief for Greece that the private sector would "voluntarily" sign up to, and the amount needed for the IMF or anyone else to be able to say, with a straight face, that Greek sovereign debt was on a sustainable path.
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