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Italy industry points to higher euro zone output

Italian industrial output rose a better than expected 1.0 percent in April, data showed on Thursday, pointing to a rise in manufacturing production throughout the eurozone despite debt market tensions.

Euro zone debt crisis

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Here is a timeline of key events in the euro zone debt crisis since last November, when a new Greek government shocked markets by doubling estimates for the country's 2009 budget deficit.
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Asia stocks rise, euro steady after China data

Asian stocks rose on Thursday on higher-than-expected Chinese exports and assurances from Federal Reserve Chairman Ben Bernanke that the U.S. economic recovery was on solid footing, but European stocks were expected to open lower, tracking Wall Street's fall overnight.
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Interview with James Turk from GoldMoney.com

IBTimes had an interview with James Turk, Founder & Chairman of GoldMoney.com. Who is your target audience? We have around 15,000 clients all over the world, and they share one common aim. They want to protect their wealth from the turmoil of national currencies and the uncertainty surrounding the ongoing financial crisis. So they want to own gold and find GoldMoney a convenient, economical and most importantly, a safe way of doing that. There is over $1 billion of customer assets in GoldMoney...
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Germany, France urge EU to eye short selling ban

The European Commission welcomed German and French calls for new measures to clamp down on speculators in government debt on Wednesday but the likelihood of a bloc-wide ban still appears remote.
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IBTimes Interview with James Turk from GoldMoney.com

IBTimes had an interview with James Turk, Founder & Chairman of GoldMoney.com. Who is your target audience? We have around 15,000 clients all over the world, and they share one common aim. They want to protect their wealth from the turmoil of national currencies and the uncertainty surrounding the ongoing financial crisis. So they want to own gold and find GoldMoney a convenient, economical and most importantly, a safe way of doing that. There is over $1 billion of customer assets in GoldMoney...
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Forex Outlook - Interview with John Kicklighter, Currency Strategist at DailyFX.com

What is your Prediction for Gold in 2010 and 2011 Many are projecting gold to perhaps double in the span of one to two years. I think this would only be the case under one or two very severe circumstances. The most prominent threats are that the euro is abandoned or substantially restructured or there are a series of prominent downgrades amongst the major economies.
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Emirates in record $11 billion order for A380s

Airbus landed a record $11 billion order for superjumbos from Dubai's Emirates, the Arab world's largest airline, as the carrier shook off the risk of another recession and struck a blow to its older European rivals.
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Dial M for muddle as Germans suffer phone foul-up

They can call their wives and families back home but German players have no way of reaching team mates with their fancy new cell phones issued for the World Cup in South Africa, players said on Tuesday.
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EU ministers talk austerity

European Union finance ministers said on Tuesday they must do more to restrain spending and contain a debt crisis that threatens to spread to countries that do not use the euro such as Hungary and Britain.
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EUR/USD … damped ???

Dear traders, is EURUSD „damped??? I do not believe. If I watch the EURUSD on weekly basis I am of the opinion that there is still some potential for going more southly.
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Manpower says global hiring prospects improve

Employers in most economies are more likely to add workers than three months ago, including those in the United States, but big gains are limited to booming emerging economies like Brazil, India and China, according to a quarterly survey by Manpower Inc .
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Policymakers urge clear plans for cutting deficits

Countries with big deficits must offer clear plans on how they will balance their budgets to maintain investor confidence and avoid problems seen in Europe, top economic policymakers said on Monday.
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OECD, Canada urge clear plans for cutting deficits

Countries with big deficits must offer clear plans on how they will balance their budgets to maintain investor confidence and avoid problems seen in Europe, top economic policymakers said on Monday.
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Burger King sees EPS hit due to currency

Burger King Holdings Inc said on Monday it expects unfavorable foreign exchange rates, primarily related to the euro, to reduce earnings for the current quarter by 1 to 2 cents per share.
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Burger King sees Q4 EPS hit due to currency

Burger King Holdings Inc said on Monday it expects unfavorable foreign exchange rates to reduce earnings for the current quarter by 1 to 2 cents per share, and to have a neutral to slightly negative impact on full-year results.
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EU seeks safety net deal, Germany sets cuts

European finance ministers sought to calm nervous markets Monday by nailing down details of a massive financial safety net for the euro zone as Germany unveiled new budget cuts it hopes will set an example for its partners in the bloc.
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EU seeks accord on safety net

European finance ministers sought to calm nervous financial markets on Monday by nailing down details of a massive financial safety net for the euro zone and working toward stricter budget discipline rules.
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Crude Oil Rebounds but Near-term Outlook Remains Fragile

WTI crude oil rebounds to 71.6 in European session as buying interests emerge after price dipped below 70 earlier in the day. Brent crude approaches 74 after plunging to a 3-month low at 71.95. Despite the recovery, market sentiment remains weak as investors tend to seek shelter in safe-haven.

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