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Democrats pressure GOP on debt limit, spending cuts

WASHINGTON — Senate Democrats pressured Republicans on the debt ceiling impasse Thursday, focused in a hearing on what they say will be painful reductions in government services if a bill recently passed by the House becomes law. No one expects…

Denmark to boost military spending to upgrade facilities

COPENHAGEN, Denmark — Denmark’s centrist government wants to spend 38 billion kroner ($5.6 billion) over the next decade to modernize military facilities, renovate shabby and dilapidated buildings, increase the number of soldiers and upgrade outdated computer systems. Acting Defense Minister…

Norway raises rate again to fight inflation

COPENHAGEN, Denmark — Norway’s central bank said Thursday it had raised its key interest rate by a quarter-percentage point to 3.25%, saying the move was “needed to dampen inflation.” Norges Bank said the country's inflation — which reached 6.5% in…