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Archive for August, 2014

Wall Street banks drawing up plans to move operations to Ireland in event of UK exiting EU

Some Wall Street banks are drawing up preliminary plans that include moving some of their London-based operations to Ireland to deal with the possible scenario of Britain leaving the European Union, the Financial Times has reported, citing people familiar with the situation. Citigroup Inc, Morgan Stanley and Bank of...

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EasingTensions Provide Buying Opportunitiy

Equity markets in Europe continued as their Asian counterparts left off yesterday, all posting gains north of one per cent. The move was a continuation of the mild ‘relief rally’ theme as Russia spoke about stopping military exercises at the Ukrainian border.

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Russian sanctions ramping up leaves eurozone farmers in hot water

The immensely damaging trade war between Russia and the west is escalating and threatens to go way beyond just food sanctions. President Vladimir Putin yesterday slapped on food sanctions, banning imports of dairy, fruit, vegetables, meat and fish products from the EU, US, Norway, Canada and Australia. If this...

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