U.S. companies will have to figure out how to effectively manage their cash flows, and avoid having to pay onerous taxes for repatriating foreign cash.

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And we're doing that rather effectively, and we're attempting to avoid having an all-out fight with the Shia militia fighters themselves, which number about 60, 000 to 70, 000.

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However, if you have no reason to sell appreciated assets, other than to avoid paying potentially higher capital gain rates in the future, then you would effectively end up prepaying future capital gain taxes now instead of over future years.

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That way, the client can effectively manage its equity spend during the heavy phases of growth and recruiting, and avoid the issues associated with ad-hoc decisions on compensation.

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Greece has cleared another hurdle as it struggles to avoid default, going through with its highly controversial debt restructuring (dubbed PSI), and effectively forcing the International Swaps and Derivatives Association (ISDA) to rule, along with credit rating agencies, that the Hellenic Republic has indeed defaulted.

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The question for the Stern Review analysis then effectively becomes: is it worthwhile to sacrifice costs a given percentage of GDP now to avoid a given percentage loss of GDP (i.e. damages) a century from now?

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