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Daily News Roundup – 13 August 2012

  Europe Thousands flee fires in the Canary Islands as blazes sweep Spain Rampant forest fires on La Gomera, in Spain’s Canary Islands, have forced the evacuation of more than 5,000 people since Friday, with 910 taken by...
by Richard Scott-Jones
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Daily News Roundup – 8 August 2012

  Europe Standard Chartered shares recover Shares in British bank Standard Chartered have rebounded after their steepest one-day decline in decades.  The crash came as New York’s State Department of Financial Services a...
by Richard Scott-Jones
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Daily News Roundup – 7 August 2012

  Europe Standard Chartered shares crash after allegations of laundering with Iran Shares in Standard Chartered have fallen 15% in early London trade this morning despite the bank’s denial that it illegally “schemed”...
by Richard Scott-Jones
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Daily News Roundup – 6 August 2012

  Europe Mario Monti warns of “psychological break-up” of the European Union In an interview with Germany’s der Spiegel magazine yesterday, Italian Prime Minister Mario Monti warned that the eurozone crisis was creat...
by Richard Scott-Jones
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Daily News Roundup – 1 August 2012

  Europe Scheme launches in UK to prompt lending  The Funding for Lending initiative, a new scheme to prompt banks and other lenders to make more money available to homeowners and businesses, has come into operation in th...
by Richard Scott-Jones
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Daily News Roundup – 31 July 2012

  Europe Romanian President survives impeachment vote  Romanian President Traian Basescu has survived a referendum on his impeachment, with turnout below the 50% threshold needed to validate the vote.  Of those who voted...
by Richard Scott-Jones
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Daily News Roundup – 30 July 2012

  Europe Spanish recession deepens, but borrowing costs fall  Official figures show a contraction of 0.4% inSpain’s GDP for the second quarter of the year.  This shows the country’s recession deepening as it follows ...
by Richard Scott-Jones
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Daily News Roundup – 25 July 2012

  Europe Recession in UK deepens Figures released today by the Office for National Statistics (ONS) showed that theUK’s economic output fell by 0.7% in Q2 this year.  This contraction is bigger than expected, and was at...
by Richard Scott-Jones
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Daily News Roundup – 24 July 2012

  Europe Germany’s AAA credit rating on negative watch The credit ratings agency Moody’s has changed its outlook for Germany’s AAA credit rating to negative, the first step towards a possible downgrade.  Moody’s s...
by Richard Scott-Jones
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