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FT.com - World
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FT.com - World
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Eurozone recession deepening rapidly
The eurozone's recession is deepening rapidly, with private sector activity contracting this month at the fastest rate for at least a decade, a closely-watched survey has indicated
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Taiwan on the verge of recesssion
Taiwan's economy shrank faster over the past three months as the country faced a slide into recession and the global slowdown increased strains on Asian economies
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Opec disarray as oil sinks to $50
The oil price yesterday sank below $50 a barrel for the first time since 2005 as the first signs of fractures within the Opec oil cartel became apparent.
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Congress reaches an impasse on car bail-out
The US Congress could not approve a new emergency loan to the country's troubled car sector, Democratic leaders said, after two days of hearings on Capitol Hill in which industry leaders' plea for aid appeared to backfire
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US report sees shift of power to east
A multi-polar system is emerging with a less dominant US and a more powerful China and India and a 'historic' transfer of wealth from west to east, according to the Global Trends 2005 report
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EU urges action to exploit Arctic oil and gas
European Union policymakers have called for a concerted international effort to exploit the Arctic's oil and gas resources and said its vast untapped reserves could enhance Europe's energy security
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Clinton ponders top diplomat role
More names emerged as likely members of Barack Obama's cabinet as Hillary Clinton continued to consider becoming his secretary of state
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