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A mountain of peanuts is piling up in the US south, threatening to hand American taxpayers a near $2-billion bailout bill over the next three years, and leaving the government with a big chunk of the crop on its books. Peanut growers in states including Georgia and Alabama boosted sowing acreage by a fifth this spring and now are wrapping up harvesting their 3.1-million-ton crop, the second-largest ever, even as prices plumb seven-year lows.

Thousands of Greek farmers demonstrated Wednesday in Athens against tax hikes in a protest marked by scuffles with police. Some 6,000 farmers gathered on central Syntagma Square according to police, who fired tear gas when a group of them tried to enter parliament. The protesters then threw oranges and plastic bottles at them. Most demonstrators were from the island of Crete, a main area of Greece's agricultural production.
Indonesia will offer tax holidays of up to 25 years and relax restrictions on foreign investment in its special economic zones in the latest announcement aimed at stimulating growth in Southeast Asia's largest economy. Chief economy minister Darmin Nasution told reporters on Thursday that investors in special economic zones would be eligible for income-tax discounts of between 20 percent and 100 percent for 10 to 25 years.
Sri Lanka is to minimise tax holidays and levy more on rich people through direct taxes, Prime Minister Ranil Wickremesinghe said on Thursday, reforms likely to win the praise of the International Monetary Fund. The IMF had long asked Sri Lanka to boost revenues by reducing unnecessary tax holidays, especially since the end of a costly 30-year civil war in 2009.
Canada's main stock index fell on Thursday, with sliding commodity prices hurting miners, while Bombardier Inc plunged after reporting a massive quarterly loss and Potash Corp fell on trimmed earnings and sales forecasts. The losses were offset by gains in the heavyweight energy sector amid volatile oil market trade.
India has set up a new panel to simplify the country's 55-year-old income tax law, Finance Minister Arun Jaitley said on Tuesday, part of an effort to make it easier to do business in Asia's third-largest economy. The panel will suggest ways to create predictability and certainty in tax laws without having a substantial impact on the tax base and revenue collection, Jaitley told reporters.
Europe should abandon its failing emission trading system and impose an economy-wide carbon tax of 30-40 euros ($34-45) a tonne to spur investment in low-carbon technology, the CEO of French water company Veolia said on Tuesday. Antoine Frerot's comments came as negotiators from almost 200 nations are meeting in Bonn this week to thrash out the details of a draft climate pact to be agreed at the end of the year in Paris.


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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln