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      According to a new report from UK in a Changing Europe (UKICE), UK services trade has been more resilient than almost all other advanced economies.

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  • Private View: On the market in Winchester this week

    August 29, 2013

    98 CHRISTCHURCH ROAD £1.4m Located in the extremely popular St Cross area of Winchester this eight-bedroom semi-detached house is in perfect reach of the vibrant city centre. The property features three bathrooms and four reception rooms including a drawing room, a formal dining room and separate breakfast room. For further information contact 01962 850333 or [...]

  • London Barometer

    August 29, 2013

    SALES DIRECTOR, DOUGLAS & GORDON The summer is traditionally a quieter time to put a house onto the market as buyers tend to be away or less motivated when their children are on school holidays. However, savvy sellers are benefiting from an 18% increase in buyers registering in July this year, which is the same [...]

  • How new buyers can live in Zone 2

    August 29, 2013

    The Greenland Place development near Canada Water could be a boon for first timers, says Kathryn Marsh Greenland Place is the latest contemporary development in SE8. Located next to Greenland Docks and Canada Water, the Barratt London development will consist of 562 units of one, two and three bedrooms. The project will be spread over [...]

  • Nomura: Intervention in Syria will have little to no effect on global oil supply

    August 29, 2013

    A senior analyst at Nomura has said that a US-led military strike on Syria will have little to no disruption effect on global oil supply. Alastair Newton, senior political analyst at Nomura, said: We cannot emphasize too strongly that, whatever option may be adopted we see little or no direct threat to global oil supply [...]

  • EU may expand capital rules to shadow banking sector

    August 29, 2013

    The European Commission is considering applying its banking capital rules to “shadow banking” institutions, according to a draft EU document reportedly seen by Reuters. Shadow banks are non-bank financial intermediaries like hedge funds and structured investment vehicles that provide credit to the financial sector. The shadow banking industry handles around $60 trillion of transactions every [...]

  • Greek finance minister starts quoting Lenin and attacking speculators

    August 29, 2013

    Greek finance minister Yannis Stournaras has started to quote Russian communist revolutionary Vladimir Lenin's insights in discussing matters of policy. Yannis Stournaras Yannis Stournaras “Who does not want us to save ourselves? All the speculators in this world. All those who are shorting the euro and the bonds of eurozone countries,” Stournaras said. “Also, we [...]

  • Cameron outlines national interest case in Syria intervention

    August 29, 2013

    Speaking to MPs in the House of Commons today, prime minister David Cameron said that intervention in Syria could help facilitate a long-term political solution in the country and a more stable Middle East. Asked what the national interest would be for an intervention, Cameron said that, as long as Syrian president Bashar al-Assad is [...]

  • Cameron says UN disagreement should not hamper the UK from taking action in Syria

    August 29, 2013

    UK prime minister David Cameron has told MPs that it would be "unthinkable" to proceed with intervention in Syria if the UN Security Council was overwhelmingly opposed to it. Any resolution at the 15-strong Security Council can be vetoed by any of the five permanent members – the UK, the US, France, Russia and China. [...]

  • Cameron: Syria is “fundamentally different” to Iraq

    August 29, 2013

    UK prime minister David Cameron has said that intervention in Syria would be "fundamentally different" to Iraq in 2003. First off, intervention would not be about regime change or even working more closely with the opposition. It would be a "response to war crime, nothing else". He added that the fact that the Syrian regime [...]

  • US jobless claims just beat expectations

    August 29, 2013

    US jobless claims have fallen by 6,000 this week, to 331,000 from 337,000 (revised from 336,000). Analysts had been hoping for a fall to 332,000. Continuing claims fell to 2.989m from 3.003m (revised from 2.999m). Here economists had forecast a greater improvement to 2.980m.

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