RBA cut key
interest rate by quarter percentage lowest since 2009 as domestic growth
slowdown.Finance ministers and central bank
governors of the Group of Seven (G7) will hold a conference call on
Tuesday morning due to
increasing turmoil in Europe but
silver lining on cloud is Germany is sending
strong signals that it would eventually be willing to lift its objections to
ideas such as common euro-zone bonds or mutual support for European banks if
other European governments were to agree to transfer further powers to
Europe..
Financial Analyst (CFB)
050-8774861
asad@cfb.ae
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