Better. Some red arrows in europe as Indias Parliament continues to fight about berlusconi. Our road maam begins with the s p, looking to claw back some ground after yesterdays closing at the low, below 1,700, the longest streak of the year. Jcpenney had been pointing down sharply again on continuing concerns on whether they need to raise capital and just how much. But the stock looking up after the Company Comes out with a release saying, hey, were still seeing progress here on our turn around. Well have the entire story in a moment. 11 billion is what jpmorgan could end up paying to tie up security probes. And jcpenney did fall below 9, getting close to an historic intra day low. The company has a statement out saying theyre pleased with their progress thus far in their turnaround, starting to see greater predictability in its performance across many areas, improved by its purchase conversion, which has been a longtime Sticking Point and anticipates will experience positive comps com
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Center Party MPs on Wednesday proposed convening an extraordinary session of the Riigikogu for 9 a.m. on Friday to conduct the second reading of Isamaa's bill to lower the excise duty on diesel and gasoline to the minimum permitted level in the EU. President of the Riigikogu Jüri Ratas (Center) complied.
To alleviate the impending issues with energy bills from the autumn, taxes on energy carriers should be temporarily reduced and state investments postponed, in order to curb soaring inflation, leader of the non-parliamentary Eesti 200 party Kristina Kallas says.
While Estonia still has a government, it does not have a functioning coalition, President Alar Karis says. At the same time, only a functioning coalition can perform the necessary task of governing, not least during a major security and energy crisis, he added.