Freeport-McMoRan earnings surge on metals demand
AZCentral.com - We are optimistic about the outlook to deliver strong volumes of metals which will enable us to generate significant cash flows, invest in attractive development projects, achieve our debt reduction objectives and provide returns to shareholders
Source: www.azcentral.com

Budget deficit to widen in 2008, BoI says
Jerusalem Post - The International Monetary Fund this year targeted public debt reduction as the key challenge facing Israeli policy makers. While Israel reduced its debt-to-gross domestic product ratio to 86% in 2006, from 95% in 2005, making it the third year in a
Source: www.jpost.com

Federal tax cuts will save millions in riding
Owen Sound Sun Times - Debt reduction is significant, living within our means is an important priority for all Canadians. Previous governments have spent far too much money that they didn't have. Spending money that we don't have in the present means more taxes in the
Source: www.owensoundsuntimes.com

The Role of Credit in the Cable vs. Telco Battle
E-Commerce Times - Allocation of at least a portion of this cash to debt reduction will lend stability to cable ratings at a time when cable providers will face the dual challenge of maturity and pricing pressure from FiOS, U-verse and others. Conversely, policies that
Source: www.ecommercetimes.com

Northwest 3Q profit soars
Memphis Commercial Appeal - They have done a good job in bringing down interest costs through debt reduction and nonfuel costs while restructuring." The quarter was a marked improvement in tone and scope from the second quarter, when the airline was mired in flight
Source: www.commercialappeal.com

Loonie's rise helps N.S. eliminate portion of debt in U.S. currency
Canada East - He said the development gives the province more stability in choosing options for debt reduction. Finance Department figures show that in March the province held US$1.054 billion in its debt portfolio - or about 10 per cent of the total debt. Baker
Source: www.canadaeast.com