Thursday, May 23rd, 2013

World

WTO cuts 2013 trade forecast, sees protectionist threat

By Tom Miles
GENEVA (Reuters) - The World Trade Organization slashed its forecast for trade growth in 2013 on Wednesday, saying it feared protectionism was on the increase.
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April 10, 2013, 11:15 pm
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Debt deal gives Ireland breathing space on deficit - watchdog

By Conor Humphries
DUBLIN (Reuters) - Savings from a debt deal linked to a bank rescue should give Ireland breathing space to comfortably beat a 2015 European Union deficit deadline, th...
April 10, 2013, 11:11 pm
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Raiffeisen bets on recovery in emerging Europe

By Michael Shields
VIENNA (Reuters) - Raiffeisen Bank International (RBI) plans to expand further in central and eastern Europe and is optimistic the region's fragile ec...
April 10, 2013, 11:02 pm

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Gold losses seen limited on Cyprus bullion sale plan

By Frank Tang and Jan Harvey
NEW YORK/LONDON (Reuters) - Gold posted its biggest one-day drop in nearly 2 months on Wednesday after Cyprus was forced to sell most of its gold reserves, ...
April 10, 2013, 10:51 pm

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EU mulls bank law to impose losses on depositors

By John O'Donnell
BRUSSELS (Reuters) - European Union ministers will consider a proposal this week to impose losses on interbank deposits of lenders in dire financial trouble as they sh...
April 10, 2013, 10:48 pm

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Analysis - For utilities, selling grids is like selling their soul

By Anjuli Davies, Christoph Steitz and Geert De Clercq
LONDON/FRANKFURT/PARIS (Reuters) - For decades, Europe's utilities were vertically integrated behemoths that had a monopoly on the...
April 10, 2013, 10:30 pm

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EU raises flag over French, Italian, Spanish economies

By Jan Strupczewski and Martin Santa
BRUSSELS (Reuters) - The European Commission warned of deepening economic problems in France, Italy and Spain on Wednesday, and said Slovenia must t...
April 10, 2013, 10:21 pm

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Nissan to make new van at Renault French site - sources

By Laurence Frost and Gilles Guillaume
PARIS (Reuters) - Nissan <7201.T> plans to move production of a mid-sized van from Spain to Renault's Sandouville plant in F...
April 10, 2013, 10:13 pm

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Rift grows within French government over pace of cuts

By Catherine Bremer
PARIS (Reuters) - French President Francois Hollande promised on Wednesday to stick with deficit-reduction plans, despite stirrings of a revolt within his Socialist ...
April 10, 2013, 9:59 pm

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Cameron says Thatcher made Britain great, others snub her

By Andrew Osborn and Peter Griffiths
LONDON (Reuters) - Prime Minister David Cameron delivered an emotional tribute to Margaret Thatcher in parliament on Wednesday, but political oppone...
April 10, 2013, 9:54 pm

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Fed policymakers eyed ending bond-buys this year - minutes

(Reuters) - A few U.S. Federal Reserve policymakers expected to taper the pace of asset purchases by midyear and end them later this year, while several others expected to slow the pace a bit later an...
April 10, 2013, 9:44 pm
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Chrysler recalls more than 263,000 vehicles globally

DETROIT (Reuters) - Chrysler Group LLC said it is recalling more than 263,0000 vehicles globally in six separate actions.
In the largest action, the No. 3 U.S. automaker, an affiliate o...
April 10, 2013, 9:37 pm

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Italy hikes debt targets, says can focus on growth

By Giuseppe Fonte and Gavin Jones
ROME (Reuters) - Italy's caretaker government on Wednesday sharply hiked its targets for public debt this year and next despite waves of austerity meas...
April 10, 2013, 9:25 pm

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FCA signals new onus on sellers in finance rules

By Huw Jones
LONDON (Reuters) - The Financial Conduct Authority (FCA) announced sweeping changes in financial regulation on Wednesday, telling banks they can no longer blame customers w...
April 10, 2013, 9:19 pm

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Minor changes to Cyprus deal possible - Finnish Finance Minister

HELSINKI (Reuters) - Finnish Finance Minister Jutta Urpilainen said on Wednesday that euro zone finance ministers might make minor tweaks to the wording of Cyprus' bailout programme when they meet in ...
April 10, 2013, 9:15 pm
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Falklands vets given Thatcher funeral role

Veterans of the Falklands War will carry Margaret Thatcher's coffin at her funeral next week.
April 10, 2013, 9:14 pm

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Fed policymakers eyed ending bond-buying this year - minutes

(Reuters) - A few U.S. Federal Reserve policymakers expected to taper the pace of asset purchases by midyear and end them later this year, while several others expected to slow the pace a bit later an...
April 10, 2013, 9:13 pm

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Portugal banks need 8 billion euros extra capital - Moody's

By Alan Wheatley and Sergio Goncalves
LISBON (Reuters) - Banks in bailed-out Portugal need an extra 8 billion euros (6.82 billion pounds) in capital, based on conservative tests of thei...
April 10, 2013, 8:59 pm

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BoE's Miles urges "very, very expansionary" monetary policy

LONDON (Reuters) - Weak economic growth and subsiding price pressures suggest Britain's central bank should run an extremely loose monetary policy, Bank of England policymaker David Miles said on Wedn...
April 10, 2013, 8:53 pm

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European investors lose passion for gold bars as crisis shield

By Jan Harvey and Clara Denina
LONDON (Reuters) - Investors in Europe are losing their appetite for gold bars as a shield against the region's debt woes, with even the crisis in Cyprus ...
April 10, 2013, 8:21 pm

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