IBT Staff Reporter

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Greece braces for troika scrutiny and creditor talks

Inspectors for Greece's international lenders and private creditors kick off a round of meetings with the government on Monday to prepare for a new 130-billion euro ($173.75 billion) bailout plan and bond swap scheme to keep the country afloat.

Swiss and U.S. inch closer to tax-row deal: reports

Swiss and U.S. officials have met in recent days in Berne to try to end a long-running dispute over wealthy Americans using secret Swiss accounts to dodge taxes, and seem to be getting closer to a deal, two newspapers reported on Sunday.

Eurozone Agreement an Incomplete Solution to the Problem: IMF

An agreement reached by European countries for deeper economic integration was a step in the right direction but not a complete solution for the Eurozone's debt crisis, International Monetary Fund Economic Counsellor Olivier Blanchard said Sunday.

The Day Europe Lost Patience with Britain: Friday?

It was billed as a summit to save the euro. It may be remembered as the day Europe lost patience with Britain, as most of the continent threw its lot in with European Union founding members France and Germany and committed to binding their economies ever more tightly.

Insight:The day Europe lost patience with Britain

It was billed as a summit to save the euro. It may be remembered as the day Europe lost patience with Britain, as most of the continent threw its lot in with EU founding members France and Germany and committed to binding their economies ever more tightly.

Europe pushes ahead with fiscal union, UK isolated

Europe secured an historic agreement to draft a new treaty for deeper economic integration in the euro zone on Friday, but Britain, the region's third largest economy, refused to join the other 26 countries in a fiscal union and was left isolated.

Air Berlin to keep turning cost-cut screw: report

German loss-making airline Air Berlin aims to trim costs by up to 250 million euros (£213.6 million) per year, a German magazine reported, which would be one fourth above its official savings target for 2012 of 200 million euros.

Lindsay Lohan says has learned from mistakes

Actress Lindsay Lohan, in her first interview since being sent to jail last month for a probation violation, tells Playboy that she has learned to be accountable for her mistakes.

Hungary aiming for 10-15 billion euro IMF/EU deal: analysts

Hungary's government is aiming for a 10-15 billion euro package from the International Monetary Fund and the European Union to stabilize its economy, preferably with lighter terms, but would be also willing to accept a stricter deal, bank analysts said.

Lifetime is remaking The Blue Lagoon

It sealed Brooke Shields' status as a teen star (and, trivia, made her the first-ever recipient of the Worst Actress Razzie), and now Lifetime is going to remake the 1980 drama The Blue Lagoon.

ICM talent agency reaches deal to become partnership

After weeks of feverish speculation about turmoil and infighting at ICM, the agency has reached a deal in which majority shareholder Rizvi Traverse will gradually sell its shares to an agency-wide partnership, according to several individuals with knowledge of the situation.

HP TouchPad Versus Novo7: Which $99 Tablet Will You Buy?

Is $99 a magic figure, especially for a tablet computer? Several months ago, Hewlett-Packard company sold its WebOS-based tablet HP TouchPad with the price of $99 in a firesale (and it did sell like hot cakes). And now, reports say the HP TouchPad will hit the shelves again this weekend and will carry the same price tag - $99.

Worries grow over IMF loans to Europe

The prospect of European heavyweights like Italy or Spain turning to the IMF for rescue loans is worrying the United States and other nations that fear they could suffer losses on funds they have extended to the IMF.

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