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Australia to Impose 40% Tax on Profits of Resource Companies – Bloomberg.com Australia will impose a 40 percent tax on the profits of resource companies like BHP Billiton Ltd. and Rio Tinto Group to pay for infrastructure, retirement and company levy reforms as part of the nation’s broadest overhaul of its tax system since the … Read more

Papandreou Says Greek ‘Survival’ at Stake in Talks (Update1) – Bloomberg.com Greek Prime Minister George Papandreou said the country’s survival was at stake in talks to win a potential $159 billion European Union-led bailout in exchange for budget cuts denounced by unions as “savage. (tags: Greece debt default)

Spanish Unemployment Rate Tops 20%, Undermining Deficit Fight – Bloomberg.com Spain’s unemployment rate rose above 20 percent for the first time in more than a decade, undermining Prime Minister Jose Luis Rodriguez Zapatero’s fight to cut the euro region’s third-largest budget deficit. (tags: Spain unemployment debt) Federal Prosecutors Open Inquiry into Goldman Trading – CNBC … Read more

Commentary: Europe's Debt Crisis Is About to End – CNBC With the likes Nouriel Roubini, Jim Rogers and George Soros predicting a disastrous default by Greece and others in the euro zone, the contrarian in me has to ask if they could be very wrong. (tags: Greece default debt)

Best in Class: Everybody Loves Trina Solar; Should You? | TheStreet.com There's just no contest right now in terms of the bull herd mentality from the Street for solar stocks: all are charging after shares of Trina Solar…for Street analysts and investors who like the thesis that the truly vertically integrated, low cost Chinese solar … Read more