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Friday, September 11, 2015

Oil prices could fall to $20 a barrel says Goldman Sachs

* Goldman Sachs says oversupply could push down oil prices * Eurozone economic growth ‘not enough’ to create jobs * Asian markets bank weekly gains after choppy trading session * Biggest fall in UK housebuilding for two years 3.08pm BST TIME FOR A CLOSING SUMMARY. 2.54pm BST OVER IN GREECE FORMER PRIME MINISTER ALEXIS TSIPRAS HAS DERIDED ANY SUGGESTION OF HIS ENTERING A ‘GRAND COALITION’ AS PROPAGANDA, Guardian correspondent Helena Smith reports from Athens. With a mere nine days left before Greeks go to the polls, Alexis Tsipras has ratcheted up the rhetoric, emphatically ruling out forming any coalition with the centre right New Democracy. What they are saying is that they won’t restructure out debt if we don’t embrace [Vangelis] Meimarakis. He himself and his party are not only representatives of the most conservative lobby in Europe but representatives of regression, of the old, of decay, of corruption and scandals. Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com