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Europe's financial position is still perilous years after the debt crisis Global markets seem to have sunk into a collective amnesia over problems which have dogged the euro and European financial stability for years. The single currency might have plateaued out around the US$1.20 mark versus the US dollar, but the euro's failure to make stronger gains out of the dollar's ...
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Not Everybody's Buying the Saudi Story, Even as Money Gushes In While foreigners currently own only 5 percent of Saudi Arabia's $517 billion stock market, MSCI's endorsement will draw more institutional money from abroad, diversifying the investor base. The index provider will probably upgrade the country to emerging-market status in June, with implementation ...
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