News links for 12 Apr 2013
Russia slashes 2013 growth forecast - FT.com
"Russia has slashed its economic growth forecast for 2013 by a third on the back of an unexpected slowdown in the first quarter.GDP growth for the year is now expected to be 2.4 per cent, down from 3.6 per cent previously expected, Andrei Klepach, deputy economy minister, told Interfax news agency."
T-Mobile’s Boosted Offer for PCS Should Pass – Analysts - Deal Journal - WSJ
"Late Wednesday, the German telecom announced it was amending its offer for MetroPCS by putting $3.8 billion less in debt on the new company and by reducing the interest rate the new company will owe the parent when the deal is done. Deutsche Telekom also extended the amount of time it pledged to hold its T-Mobile/MetroPCS shares to 18 months from ...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.