ink paste English

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ink paste English » English

ink

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News and current affairs

Although marginally less bloated than the US deficit, other rich countries are drowning in red ink.

As a result, intra-European trade and support for European institutions, having soared in the previous two decades, began to decline practically before the ink on the Maastricht Treaty was dry.

But more red ink is likely, owing to the current administration's irresponsible commitment to tax reduction, and, unlike Clinton, or, indeed, the first President Bush, George W. Bush does not intend to break his campaign promises.