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Recessions Hurt, But 'Austerity Kills'

European Union

An international study on recessions and governments' responses to them has found that cuts to healthcare systems prompted by fiscal austerity are making matters far worse - for both governments and society.

P&G Brings Back A.G. Lafley As Chairman & CEO

Thumbs Up

Procter and Gamble said it is bringing former CEO A.G. Lafley out of retirement to be its new Chairman and CEO, effective immediately. He replaces Bob McDonald, the man who succeeded Lafley in 2009.