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Thursday, August 11, 2011

China suspends new high speed rail plans

China suspends new high speed rail plans


China suspends new high speed rail plans

Posted: 11 Aug 2011 04:47 AM PDT

Beijing has suspended plans for new high speed rail lines in an effort to restore confidence in the system following last month's fatal crash

Chinese media dare to flex their muscles

Posted: 11 Aug 2011 03:27 AM PDT

High-speed rail crash throws the spotlight on China's journalists and their willingness to take on the authorities

Osborne admits long, hard recovery ahead

Posted: 11 Aug 2011 10:30 AM PDT

Chancellor gives MPs a bullish account of UK's readiness to withstand 'the most dangerous economic conditions since 2008'

Riots: police made mistakes, says Cameron

Posted: 11 Aug 2011 12:29 PM PDT

'There were simply far too few police deployed on to the streets. And the tactics they were using weren't working', the prime minister said

Italy plans capital gains tax rise

Posted: 11 Aug 2011 08:26 AM PDT

Italian government intends to increase capital gains tax to 20 per cent in moves to accelerate its plans to cut the country's deficit

Global business confidence slumps

Posted: 11 Aug 2011 12:00 PM PDT

The FT/Economist Global Business Barometer shows a corporate world losing faith in the future with economic and market risk seen as the biggest threat

Israeli groups’ shares tumble amid protests

Posted: 11 Aug 2011 09:12 AM PDT

Investors are concerned that growing social protests will force the government to act against the country's "oligarchs"

Spain to curb flow of Romanian workers

Posted: 11 Aug 2011 08:47 AM PDT

European Commission approves temporary restrictions by Madrid amid record unemployment and a debt crisis

Swiss central bank considers euro peg

Posted: 11 Aug 2011 07:45 AM PDT

SNB says a range of options are open to policymakers to stem the Swiss franc's strength including a peg to the beleaguered single currency

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