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Friday, March 24, 2017

Markets concerned after crucial US healthcare vote delayed

Trump issued an ultimatum after the vote was postponed on his bill to replace Obamacare, raising fears about his ability to push through other growth-boosting reforms * Congress plans Friday vote as Trump gives ultimatum to Republicans * EC president Juncker: Brexit is a failure and a tragedy * Pound could fall as low as $1.06, Deutsche Bank warns * Brexit watch: squeeze on living standards begins 1.01pm GMT As final preparations are underway for the EU’s 60th birthday party in Rome on Saturday, it’s not just Brexit that threatens to overshadow celebrations. For the past seven years Greece has been in economic adjustment programs in the name of which exceptions have been imposed from a whole list of achievements in our common European project …. we should know openly, officially and clearly if we also have the right to have access to these gains. We are at a critical moment because these days Greece is on the front line of a battle that concerns all of Europe. We are fighting to restore collective work agreements in our country, to end the exemption status now and for once and for all in the future. Related: EU's anniversary declaration to warn of dangers of leaving 12.30pm GMT The troubled Co-operative Bank says it has received a number of serious approaches from potential buyers after putting itself up for sale in February in a bid to raise cash. In a bid to reassure its 4 million customers and creditors, the bank issued a statement earlier today: A number of credible strategic and financial parties have expressed interest in the sale process and are currently evaluating information on the bank. Related: Co-operative Bank says it has interest of several credible buyers Continue reading...


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