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Dredging plan splits Myrtle Beach area community

Published July 9, 2009, 7:55 pm, The Myrtle Beach Sun News

More than 90 thousand cubic yards of muck at the bottom of canals along the Black River have caused a rift between property owners in the Wedgefield residential community outside of Georgetown.

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Fitch Rates Cape Coral, FL's Water & Sewer Rev BANs 'F2'; Affirms Outstanding Debt

Published July 9, 2009, 1:47 pm, Business Wire via Yahoo! Finance

NEW YORK----Fitch Ratings has assigned an 'F2' rating to the city of Cape Coral, FL's $85 million of water and sewer revenue bond anticipation notes , series 2009. The BANs are scheduled for negotiated sale on July 14, 2009 with proceeds being used to refinance outstanding commercial paper previously issued to finance ongoing capital projects of the city's utility system .

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Equatorial Guinea: More Trade, Little Pressure

Published July 9, 2009, 11:21 am, AllAfrica.com

Madrid — Trade between Spain and Equatorial Guinea is flourishing, amidst calls by activists for the government of Spanish Prime Minister José Luis Rodríguez Zapatero to push for democracy in this tiny country on the Atlantic coast of Africa, still under the yoke of dictatorship.

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Fitch Affirms Buffalo Fiscal Stability Authority, NY's Sales Tax & State Aid Secured Bonds at 'AA'

Published July 9, 2009, 6:57 am, Business Wire via Yahoo! Finance

NEW YORK----In the course of routine surveillance, Fitch Ratings affirms its 'AA' rating on the Buffalo Fiscal Stability Authority's outstanding $151.8 million sales tax and state aid secured bonds .

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Russia's TMK raising $450-mln loan from VTB to buy up LPN (Part 2)

Published July 9, 2009, 5:36 am, Interfax

MOSCOW. July 9 (Interfax) - Russian pipe maker TMK (RTS: TRMK) is raising a loan from VTB Bank (RTS: VTBR) for $450 million that it will use to buy up loan participation notes (LPN), the bank said in a statement.

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Fitch Takes Various Rating Actions on Newcastle CDO VII

Published July 8, 2009, 3:20 pm, Business Wire via Yahoo! Finance

NEW YORK----Fitch Ratings has downgraded four classes and placed on Rating Watch Negative two classes issued by Newcastle CDO VII, Corp. as a result of credit deterioration of the recent vintage residential mortgage-backed securities and commercial mortgage-backed securities collateral within the portfolio.

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Correction: Fitch Takes Various Rating Actions on Newcastle CDO VI

Published July 8, 2009, 2:45 pm, Business Wire via Yahoo! Finance

NEW YORK----

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While you were sleeping: Treasuries rally after sale; yen gains, G-8 outlook

Published July 8, 2009, 2:32 pm, ShareChat

US Treasuries rallied after an auction of US$19 billion of 10-year notes drew a record level of bids, reflecting a jump in purchases by investors such as foreign central banks, amid doubts economic growth will return soon.

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Entertainment Calendar, July 8, 2009

Published July 8, 2009, 2:24 pm, The Muskegon Chronicle

THE MIX Community Fun Fair, 5:30-9 p.m., Evangelical Covenant Church, 900 S. Warner, Whitehall. Featuring a petting zoo, camel rides, carnival games, bungee run, climbing wall, live music, free food and more. For more information, call 894-4271; www.eccwhitehall.org. MUSIC Gospel...

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N.Y. Thruway Seeks Advantage of Short-Term Rates With Note Sale

Published July 8, 2009, 2:03 pm, Bloomberg

July 8 (Bloomberg) -- New York’s Thruway Authority will sell notes to be paid off with money from a future bond sale for the first time since 2004 to take advantage of a near record gap in short- and long-term borrowing costs.

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