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• U.K. government to partially nationalize banks
But not everyone was happy. "Without full nationalization the government is effectively nationalizing the banks losses and privatizing the profits so that taxpayers will now pay for this crisis caused by the greed of the bankers," said Labour ...
• Oxford tuition too low, chancellor insists
But the left-leaning Labour Party government is resisting any increase, feeling that would hurt its campaign to boost the number of low-income students at the country's top universities. Opponents of higher fees argue that unlike expensive U.S ...
• Ireland OKs world-leading bank guarantee
But Ireland's left-of-center Labour Party complained that the government should have punished Ireland's banks for lending recklessly and rewarding themselves too richly. Labour leader Eamon Gilmore said the chief executives of the six protected banks ...
• 'Harry Potter' author backs U.K.'s Labour Party
Take a look at scenes from "Harry Potter and the Half-Blood Prince," which hits theaters in the summer of 2009. It sounds like Harry Potter will vote for the Labour Party when the boy wizard is old enough to cast a ballot. 'Harry Potter' author J.K ...
• European Movers: Financials Plunge amid Crisis
ALITALIA To cut 3,000 jobs under deal - Italy's Labour Minister Maurizio Sacconi has said that Co. will cut about 3,000 jobs under a new framework agreement reached overnight with Italy's four main unions. The Italian government ...