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TO MATCH STORY SLUGGED 'SPAIN LOST GENERATION' - In this photo taken Feb. 18, 2012, young people gather in Madrid to discuss sky-high levels of youth unemployment. Spain's young people are becoming a "Lost Generation", with no work and seemingly with no real prospects of getting work for the 20-somethings, as roughly half of all Spaniards between the ages of 16 and 24 are jobless, the highest level of joblessness within the 17-nation eurozone. Unemployment is inculcating anger and frustration among the young adults of Spain, provoking spasmodic unrest. (AP Photo/Andres Kudacki)

Spain's 'Lost Generation' of jobless youths threatens social fabric

MADRID - Daniel Lorente has worked construction, flipped burgers at McDonald's, been a camp counsellor, telemarketing representative and doorman. More »Spain's 'Lost Generation' of jobless youths threatens social fabric

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Buffett adds to bullish U.S. economic recovery signals Ben Berkowitz - Reuters - 16 hours ago
(Reuters) - Anyone looking for more evidence of a strengthening U.S. economic recovery need only consider conglomerate Berkshire Hathaway , where businesses ranging from … More »Buffett adds to bullish U.S. economic recovery signals
(Reuters) - Anyone looking for more evidence of a strengthening U.S. economic recovery need only consider conglomerate Berkshire Hathaway , where businesses ranging from railroads and electric utilities to furniture and candy stores are racking up record profits. Even though Berkshire's Warren Buffett says with emphasis …
Oil crosses $109 US on rising concerns about Iran CBC - 18 hours ago
Oil prices closed above $109 US a barrel on fresh concerns about Iran's nuclear program and despite fresh evidence that demand remains weak. More »Oil crosses $109 US on rising concerns about Iran
Oil prices closed above $109 US a barrel on fresh concerns about Iran's nuclear program and despite fresh evidence that demand remains weak.
Berkshire identifies Buffett successor, not by name Ben Berkowitz - Reuters - 18 hours ago
(Reuters) - Warren Buffett told investors on Saturday the Berkshire Hathaway board has identified his successor, easing some shareholder concern about the future of the … More »Berkshire identifies Buffett successor, not by name
(Reuters) - Warren Buffett told investors on Saturday the Berkshire Hathaway board has identified his successor, easing some shareholder concern about the future of the company once the famed 81-year-old investor steps down as chief executive. Buffett did not disclose who the next CEO will be in his annual letter to Berkshire …
Obama says no quick fixes to energy squeeze, derides Republican drilling plan as a gimmick Anne Gearan, The Associated Press - The Canadian Press - 22 hours ago
WASHINGTON - President Barack Obama says there is no easy answer to the problem of rising energy prices and he's dismissing Republican solutions as little more than … More »Obama says no quick fixes to energy squeeze, derides Republican drilling plan as a gimmick
WASHINGTON - President Barack Obama says there is no easy answer to the problem of rising energy prices and he's dismissing Republican solutions as little more than gimmicks.
Buffett admits being 'dead wrong' on timing of housing recovery but remains optimistic overall Josh Funk, The Associated Press - The Canadian Press - 23 hours ago
OMAHA, Neb. - Billionaire investor Warren Buffett said Saturday that he was "dead wrong" with a prediction that the U.S. housing market would begin to recover by now, … More »Buffett admits being 'dead wrong' on timing of housing recovery but remains optimistic overall
OMAHA, Neb. - Billionaire investor Warren Buffett said Saturday that he was "dead wrong" with a prediction that the U.S. housing market would begin to recover by now, but he remains optimistic about the nation's economy.
Details of review of aerospace industry to be outlined Monday in Montreal The Canadian Press - The Canadian Press - Fri, 24 Feb, 2012
MONTREAL - The federal government will unveil its sweeping review of Canada's aerospace policies on Monday in the home city of Canada's biggest aircraft maker and key … More »Details of review of aerospace industry to be outlined Monday in Montreal
MONTREAL - The federal government will unveil its sweeping review of Canada's aerospace policies on Monday in the home city of Canada's biggest aircraft maker and key aerospace suppliers.
Canadian companies hike dividends as profits reach post-recession peak Sunny Freeman, The Canadian Press - The Canadian Press - Fri, 24 Feb, 2012
TORONTO - Shareholders in some of corporate Canada's biggest names received good news this week that richer dividend payments are on the way. More »Canadian companies hike dividends as profits reach post-recession peak
TORONTO - Shareholders in some of corporate Canada's biggest names received good news this week that richer dividend payments are on the way.
Bank of Canada says time running out to prevent weakness Jonathan Spicer and Pedro da Costa - Reuters - Fri, 24 Feb, 2012
NEW YORK (Reuters) - Time is running out for monetary policymakers in advanced economies to prevent long periods of weakness, Bank of Canada Governor Mark Carney said … More »Bank of Canada says time running out to prevent weakness
NEW YORK (Reuters) - Time is running out for monetary policymakers in advanced economies to prevent long periods of weakness, Bank of Canada Governor Mark Carney said on Friday. ...
Mission improbable? Economists want Ottawa to put sales tax on food Julian Beltrame, The Canadian Press - The Canadian Press - Fri, 24 Feb, 2012
OTTAWA - Two of Canada's leading economists want Ottawa to reopen one of the hottest issues of the last two decades by expanding the GST to include food in grocery s … More »Mission improbable? Economists want Ottawa to put sales tax on food
OTTAWA - Two of Canada's leading economists want Ottawa to reopen one of the hottest issues of the last two decades by expanding the GST to include food in grocery stores.
TSX little changed: rising worries on economic damage from surging oil prices Malcolm Morrison, The Canadian Press - The Canadian Press - Fri, 24 Feb, 2012
TORONTO - The Toronto stock market closed little changed Friday as traders worried about the negative fallout from sharp spikes in the price of crude oil arising from … More »TSX little changed: rising worries on economic damage from surging oil prices
TORONTO - The Toronto stock market closed little changed Friday as traders worried about the negative fallout from sharp spikes in the price of crude oil arising from rising tension over Iran.
Loonie down amid worries that rising oil prices could damage U.S. economy Malcolm Morrison, The Canadian Press - The Canadian Press - Fri, 24 Feb, 2012
TORONTO - The Canadian dollar closed lower Friday as markets worried about economic damage arising from surging oil prices. More »Loonie down amid worries that rising oil prices could damage U.S. economy
TORONTO - The Canadian dollar closed lower Friday as markets worried about economic damage arising from surging oil prices.
Crude rises to US$109.77 as tensions over Iran pushes prices to near 2011 highs Chris Kahn, The Associated Press - The Canadian Press - Fri, 24 Feb, 2012
NEW YORK, N.Y. - Oil prices are approaching last year's highs as tensions increase over Iran's nuclear program. More »Crude rises to US$109.77 as tensions over Iran pushes prices to near 2011 highs
NEW YORK, N.Y. - Oil prices are approaching last year's highs as tensions increase over Iran's nuclear program.
Canada seen ending 2011 with muted GDP growth Reuters - Fri, 24 Feb, 2012
OTTAWA (Reuters) - Canadian economic growth came crashing down to reality in the fourth quarter after a spurt in the third that was due largely to temporary factors, … More »Canada seen ending 2011 with muted GDP growth
OTTAWA (Reuters) - Canadian economic growth came crashing down to reality in the fourth quarter after a spurt in the third that was due largely to temporary factors, analysts polled by Reuters estimated on Friday. The median prediction for the fourth quarter is an annualized rate of 1.8 percent, and only eight of 23 respondents …
Oil crosses $109 US on rising concerns about Iran CBC - Fri, 24 Feb, 2012
Oil prices closed above $109 US a barrel on fresh concerns about Iran's nuclear program and despite fresh evidence that demand remains weak. More »Oil crosses $109 US on rising concerns about Iran
Oil prices closed above $109 US a barrel on fresh concerns about Iran's nuclear program and despite fresh evidence that demand remains weak.
Greece issues official offer to private creditors for massive debt writedown Derek Gatopoulos,Nicholas Paphitis, The Associated Press - The Canadian Press - Fri, 24 Feb, 2012
ATHENS, Greece - Greece on Friday launched its official offer for a massive bond swap designed to knock €107 billion ($142 billion) off its debt held by banks and other … More »Greece issues official offer to private creditors for massive debt writedown
ATHENS, Greece - Greece on Friday launched its official offer for a massive bond swap designed to knock €107 billion ($142 billion) off its debt held by banks and other private investors.