Congress Faces Sequester Cuts as Dollars Disappear

March 1 (Bloomberg) -- Bloomberg's Peter Cook reports on what $85 billion in U.S. federal spending cuts means for Congress. Bloomberg Government estimates that removing 5.3 percent of Congress's budget would account for about one-quarter of one percent of the entire fiscal year 2013 sequester, or $234 million. (Source: Bloomberg)
Greek Stocks Resume Trading
16:14 - After five weeks in a deep sleep, equities in Greece became free to trade again. Closed since June 29, the Athens Stock Exchange reopened Monday, with the benchmark ASE Index slumping a record 22 percent at 11 a.m. in Athens. A host of restrictions will govern the purchase of shares by local traders due to capital controls imposed as the country acted to preserve its financial system.
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