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IMF warns of a new banking crisis in Europe!
Just when financial markets calmed down a bit, the new boss of the International Monetary Fund, Christine Lagarde, came with an almost dramatic appeal to urgently recapitalize banks. She even went as...
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America puts dying European banks on live support
For a brief moment this week it seemed as though the French bank Crédit Agricole would collapse because of lack of liquidity. Such an event had been a long time coming because European banks are having...
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