David Marsh News
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China, owner of the world’s largest foreign exchange reserves, may increase gold holdings to diversify away from the U.S. dollar, a researcher said.
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Can the euro maintain its position as a world currency after the sovereign-debt crisis?
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Jean-Claude Trichet was the man to call in Europe.
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European Parliament lawmakers will today decide whether to escalate a gender row with governments as they ponder if Yves Mersch’s appointment to the European Central Bank Executive Board would make him one man too many.
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Sept. 12 (Bloomberg) -- Bank of Thailand Governor Prasarn Trairatvorakul discusses lessons from the 1997 Asian financial crisis, the European sovereign debt crisis and the outlook for Thai exports. David Marsh, chairman of the Official Monetary and Financial Institutions Forum (OMFIF) and Meghnad Desai of the London School of Economics also speak at the event in London. (Source: Bloomberg)
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The Great Atlantic & Pacific Tea Co. ’s convertible bonds dropped to the lowest in almost three months after the company said it’s seeking a loan that would give lenders a priority claim on its assets in a bankruptcy.
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The euro area may need to shrink to survive.
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European jet fuel purchases are set to reach the highest levels in more than a year as the London Olympics and Euro 2012 soccer tournament boost travel during the summer months just as refineries in the region are shuttered.
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The European debt crisis has toppled four elected governments with the last two, in Greece and Italy, falling last week without a shove from voters.
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Less than 12 hours after German Chancellor Angela Merkel emerged from an all-night crisis summit on Oct. 27, Joerg Asmussen appeared in front of lawmakers in Berlin to sell the deal he helped broker in Brussels.
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