All the day’s financial news, as rating agency warns that world economic growth will be hampered by emerging market problems * Moody’s: Expect weak global growth until 2017 * Eurozone faces new headaches in Greece and Portugal 10.12am GMT GREEK BANKING SHARE ARE FALLING HEAVILY TODAY, AFTER EUROZONE FINANCE MINISTERS DECLINED TO HAND OVER BAILOUT FUNDS LAST NIGHT. The main Athens stock index has shed 1.5%, led by financial stocks such as Eurobank which has lost almost 20%: 10.01am GMT Reading the IEA report: looks like "peak oil" is almost here. But it's "peak oil demand" not "peak oil supply". Continue reading...
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