Links: 2013-05-15

Italy recession becomes longest on record as GDP slumps | Reuters
"Italy's economy shrank by more than expected in the first quarter, extending the country's recession to seven straight quarters and making it the longest since quarterly records began in 1970.Gross domestic product fell 0.5 percent following a 0.9 contraction in the fourth quarter of last year and contracted 2.3 percent on an annual basis, national statistics bureau ISTAT reported on Wednesday."
Justice Department's pursuit of AP...


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