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/ 28 November 2011
How will historians remember 2011, the year that, according to satirists, has already used up the next decade’s entire supply of news?
As the protagonist in a looming global crisis, her critics say she is simply not up to the challenge.
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/ 25 November 2011
This has not been a great week to be South African as a once-proud liberation movement rushed into law a Secrecy Bill.
Spain’s conservative Popular Party has gained its biggest election win ever from voters desperate to end the soaring unemployment in the country.
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/ 18 November 2011
Swaziland’s economic woes are intensifying as it struggles to meet its civil servant payroll, forcing it to borrow money from its central bank.
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/ 18 November 2011
The prospect of a eurozone break-up intensified as borrowing costs around the region soared.
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/ 18 November 2011
France on Tuesday slumped to 13th place in a eurozone league table of financial security.
Greece’s Lucas Papademos will seek to take advantage of a rare political truce to push austerity and radical reform and stave off bankruptcy.
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/ 9 November 2011
Italian borrowing costs reached breaking point after Prime Minister Silvio Berlusconi’s insistence on elections instead of an interim government.
Italian Prime Minister Silvio Berlusconi has agreed to resign following the adoption of key economic reforms promised to the European Union.
Under pressure from the EU to push through a bailout to save their country, Greek party leaders were struggling to agree on a new prime minister.
The French president was hoping to be hailed at the G20 summit as the saviour of the euro.
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/ 27 October 2011
EU leaders have struck a deal for banks and insurers to accept a 50% loss on their Greek bonds in a bid to try to contain the sovereign debt crisis.
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/ 21 October 2011
As the economic clouds darken over Europe and the United States, there are concerns a double-dip recession in the West could cast a shadow over Africa
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/ 21 October 2011
The European Union will launch plans to invest €50-billion in modernising digital, energy and transport networks and creating jobs.
ECB President Jean-Claude Trichet says the EU treaty should be changed to prevent one member state from destabilising the rest of the bloc.
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/ 15 October 2011
The eurozone will decide at a summit next weekend about how much of a loss private investors will be asked to take on Greek bonds.
Hooded demonstrators have clashed with police in some of the worst violence in the Italian capital, setting cars on fire and breaking shop windows.
The world’s leading economies are pressing Europe to act boldly within eight days to resolve the eurozone’s sovereign debt crisis.
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/ 14 October 2011
Angela Merkel and Nicolas Sarkozy have drawn up a package to counter debt crisis — but refuse to reveal details.
French President Nicolas Sarkozy says Europe must "have resolved its problems" by the time G20 leaders meet in November.
German Chancellor Angela Merkel will thrash out differences with French President Nicolas Sarkozy over how to use the eurozone’s financial fire power.
IMF Managing Director Christine Lagarde has held talks in Paris with President Nicolas Sarkozy on a crunch weekend for the European debt crisis.
Europe’s intractable debt situation continues to deteriorate and a months-long parade of grim data has raised fears of another global recession.
British Prime Minister David Cameron says the eurozone has to get on with fixing its financial problems or risk pulling down the entire world economy.
Austria’s finance minister says Greece will more likely than not receive the next tranche of bailout cash it needs to stave off bankruptcy.
Greek officials have held talks with EU and IMF negotiators to free up urgently needed bailout loans.
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/ 30 September 2011
Stock markets have endured days of sharp volatility amid uncertainty about how eurozone leaders intend to solve the crisis.
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/ 27 September 2011
King Mswati III is unhappy that Greece is being bailed out by the IMF, not Swaziland.
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/ 23 September 2011
The United States central bank has unleashed a radical $400-billion plan to prevent the world’s largest economy sliding back into recession.
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/ 9 September 2011
Greece or Portugal would lose up to 50% of their national income if they quit the euro, according to research by analysts at Swiss investment bank UBS
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/ 9 September 2011
Foreign-exchange experts say the next country to react to an inflated currency could be Japan.