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Central Banks to Hold Fire… For Now
By Richard Hubbard LONDON | Sat Jun 2, 2012 7:39am EDT http://reut.rs/M0oVJt (Reuters) – The intensifying euro zone crisis and uncertain global growth outlook have raised hopes for a policy response from major central banks but, while it…
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The EU’s Answer to a Mountain It Calls a Molehill: Pretend the Molehill is a Mountain
By John Ward http://hat4uk.wordpress.com/2012/03/28/the-eus-answer-to-a-mountain-it-calls-a-molehill-pretend-the-molehill-is-a-mountain/ When my devotions could not pierce thy silent ears, then was my heart broken, as was my verse. My breast was full of fears and disorder. My bent…
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Greece: We Could Exit Euro in Three Months
Heather Stewart, The Guardian, 01-03-2012 http://www.guardian.co.uk/business/2012/jan/03/greece-warns-over-euro-exit New Greek government says creditors and lending troika must agree bailout terms within weeks otherwise ‘we are out of the markets’. The Greek government has stepped up…
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Stocks Drop as ECB Rules Out Eurozone Support
BBC, 12-8-2011 http://www.bbc.co.uk/news/business-16082755 Stocks have fallen after the European Central Bank ruled out any substantial aid for any ailing and indebted eurozone states. Stocks in France and Italy – two countries vulnerable to…