Your Daily digest for Economy, Government & Policy News and Information on Yahoo! Finance

Economy, Government & Policy News and Information on Yahoo! Finance
Economy, Government & Policy News and Information on Yahoo! Finance
Japan exports disappoint, full benefits of weak yen yet to show May 22nd 2013, 00:54
Japan exports disappoint, full benefits of weak yen yet to showJapan’s exports rose less than expected in April from a year earlier due to weak demand from Europe and China, highlighting the challenges confronting the world’s third-biggest economy as policymakers …Media files:
A Japanese flag flutters in front of a shipping container area, at a port in Tokyo (image/jpeg)

Japan’s trade deficit hits $8.6B due to weaker yen May 22nd 2013, 00:47
Japan’s trade deficit widened to a larger-than-expected 879.9 billion yen ($8.6 billion) in April as its weakening currency accentuated surging import costs. Exports rose 3.8 percent from the same month …

Japan’s trade deficit hits $8.6 billion in April May 22nd 2013, 00:19
Japan reports its trade deficit widened to a larger-than-expected 879.9 billion yen ($8.6 billion) in April as its weakening currency accentuated surging import costs. The preliminary figures reported …

Ireland rejects blame for Apple’s low tax rate May 22nd 2013, 00:15
Ireland rejects blame for Apple's low tax rateIreland said on Tuesday it was not to blame for Apple Inc’s low global tax payments and had no special rate deal with the company after the U.S. Senate said it paid little or no tax on tens of billions …Media files:
Apple Operations International, a subsidiary of Apple Inc, is seen in Hollyhill, Cork, in the south of Ireland (image/jpeg)

Avoid These 3 Eurozone ETFs This Summer May 21st 2013, 23:24
Weak growth suggests that these three European ETFs might be ones to avoid over the next few months.

Senate votes to make small cut to food stamps May 21st 2013, 21:51
The Senate voted Tuesday to keep a $400 million annual cut — or roughly a half of 1 percent — to the food stamp program as part of a major five-year farm bill. Food stamps now cost almost $80 billion annually …

Apple CEO makes no apology for company’s tax strategy May 21st 2013, 21:33
Apple CEO makes no apology for company's tax strategyBy Patrick Temple-West and Kevin Drawbaugh WASHINGTON (Reuters) – Apple Inc (AAPL.O) Chief Executive Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in U.S. taxes through …Media files:
Apple CEO Tim Cook arrives at a Senate homeland security and governmental affairs investigations subcommittee hearing on offshore profit shifting and the U.S. tax code, on Capitol Hill in Washington, May 21, 2013. (image/jpeg)

New Egypt tax law: cuts for poor, business hikes May 21st 2013, 21:03
New Egypt tax law: cuts for poor, business hikesEgypt’s president signed a new tax law Tuesday that cuts the amount paid by poorer Egyptians in the latest move aimed at reforming the country’s economy. The changes, which are more favorable than the …Media files:
New Egypt tax law: cuts for poor, business hikes (image/jpeg)

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