Spend Matters Friday Latte

Smart. (sigh).
U.S. Offers Foreign Aid to Countries Holding Billions in Treasury Securities -- The United States is providing hundreds of millions of dollars of foreign aid to countries that it borrows billions from, according to a report by Congress's research arm.

Big news in the UK.
Government to create central procurement team -- The Cabinet Office is to create a central team for the procurement of widely used goods and services for the whole of government. Named Government Procurement, it will set up contracts that use a single price for a specific good or service, and is aimed at removing disparities in price between departments.

E. coli outbreak: Germany appeals for blood donors -- German clinics are appealing for blood donations as the number of people infected with a deadly strain of E. coli has risen above 1,730. So far 17 people have died from the bug in Germany, and it is suspected in another death. One also died in Sweden.

We all knew this was coming.
Groupon Plans I.P.O. With $30 Billion Valuation -- The social buying site on Thursday filed to go public, a hotly anticipated debut that could raise $3 billion, according to two people close to the company who were not authorized to speak publicly. At that level, the company would be worth roughly $30 billion, surpassing the value of Google at its initial public offering.

- Sheena Moore

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