Weekly Focus 1-27-11   

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  • Australia – an income tax surcharge to pay for flood damage;
  • Belgium – still no government and the risk of a lowered credit rating;
  • Japan – S&P’s has pared the country’s rating;
  • Nigeria — tightened monetary and credit policies;
  • Spain – a new push to clean up the cajas;
  • United States – a staggering new deficit projection. 

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