Unemployment dropping, not on the verge of a recession.

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U.S. Economy Improves

A year-and-a-half after parliamentary elections in Belgium, a new government appears on the verge of being formed after six parties reach agreement.

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Belgium ‘close to a government’

Lucas Papademos seemed on the verge Tuesday of being named Greece’s next prime minister, but party leaders were still engaged in a bitter fight over the make-up of his cabinet.

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Greeks Said to Pick New Leader, but Talks Hit Hurdles

The global economy is on the verge of a new and deeper jobs recession that may ignite social unrest, the International Labour Organization warns.

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World ‘on verge of new recession’

On the verge of reporting historic losses, the U.S. Postal Service is launching a new TV advertising campaign designed to slow the migration away from snail mail. Americans watching college football games and news broadcasts in the next week may notice new ads from USPS — long known for its campy messages promoting Priority Mail shipping services. Now, the “ If it fits, it ships ” campaign will share airtime with two 30-second spots designed to remind customers that paper mail, unlike e-mail, can’t be hacked, and that letter carriers are still providing reliable and safe deliveries to doorsteps. Read full article > >

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Postal Service launches new TV ad campaign

News and reaction from Arsene Wenger’s news conference, with Cesc Fabregas and Samir Nasri on the verge of moves away from the club, plus more.

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Sportsday Live – Friday 12 August

Lee Iacocca would be proud: Chrysler has repaid loans totalling $7.6 billion to the American and Canadian governments, $5.9 billion of which is headed for the U.S.

Two moments of genius from Carlos Tevez help Manchester City to third in the Premier League and on the verge of an automatic Champions League spot.

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Manchester City 3-0 Stoke

Watch this animation by The Washington Post to find out how our government ended up on the verge of a shutdown.

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Government shutdown looms: How we got here

Is Japan almost out of the red zone? The executive director of the U.S. Nuclear Regulatory Commission announced Monday that Japan’s nuclear disaster is “on the verge of stabilizing,” even while Japanese workers had to temporarily halt relief efforts at…

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U.S.: Nuke Crisis Almost Over

Following reports of a third explosion and a fire, with radiation levels as much as 400 times above normal, the situation at Japan’s Fukushima Daiichi nuclear plant had become so dire it seemed the country was on the verge of a complete nuclear…

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Radiation Levels Decline at Japanese Nuclear Plant

Hugh Hefner, 84 and on the verge of his third marriage, is buying back Playboy Enterprises, because some things are better done in private.

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How Hef Got His Groove Back

Everton’s Steven Pienaar could be on the verge of leaving the club after they accept an offer from an unnamed club.

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Everton accept offer for Pienaar

England end day four in Sydney on the verge of a third innings win over Australia and a crushing 3-1 Ashes series victory – their first down under for 24 years.

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England close on Ashes series win

England end day four in Sydney on the verge of a third innings win over Australia and a crushing 3-1 Ashes series victory – their first down under for 24 years.

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England close on Ashes series win