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NYT: Bank of Cyprus Executives Accused of Deleting Emails
By: Landon Thomas Jr.
Two senior executives at Bank of Cyprus may have deleted crucial e-mail documents last year, according to an investigative report commissioned by the central bank of Cyprus, the NYT reports.
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The US and Japan “have yet to produce credible medium-term plans” to stabilize their debt, while other countries need to provide more clarity on how their fiscal consolidation targets will be met, according to the Organisation for Economic Cooperation and Development’s 2011 Economic Outlook, which says that risks to the global recovery remain significant.