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The network, however, would still be owned by the state authority to make sure it can still receive federal disaster aid to secure lower borrowing rates, Cuomo said.
WSJ: Cuomo proposes 3-year rate freeze in LIPA takeover
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But in less developed countries, the promise of cheaper calls may be outweighed by the desire to protect the revenues of state-owned incumbents.
ECONOMIST: Internet telephony
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Persons determined by the Secretary of the Treasury, in consultation with the Secretary of State, to be owned or controlled by, or to have acted or purported to act for or on behalf of, directly or indirectly, any person whose property and interests in property are blocked pursuant to the order.
WHITEHOUSE: The White House