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Key political risks to watch for W.Europe markets

Contagion from emerging markets Ukraine and Dubai, debt in the eurozone's weakest economies, British politics, climate talks in Copenhagen and tensions with Tehran could all affect Western European markets in December.

European shares edge lower; financials weigh

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European equities edged lower on Wednesday after their biggest one-day gain in more than 4 months in the previous session, as a decline in banking stocks offset higher pharma and food shares.

Dubai World lenders to meet firm next week: exec

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Dubai World's creditors have formed a committee comprising six banks that will meet with the troubled state-controlled conglomerate next week, a bank executive familiar with the matter said on Wednesday.
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Obama spells out new Afgan Policy

President Obama announced Tuesday night that he will reinforce Afghanistan with some 30,000 more United States troops to reverse the momentum of the Taliban insurgents, and begin to withdraw in July, 2011.
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Obama to lay out long-awaited Afghan plan

President Barack Obama plans to announce on Tuesday that he will send about 30,000 more U.S. troops to Afghanistan in a long-awaited war strategy shift that he hopes will defeat the Taliban and allow for a U.S. exit.
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Nokia files suits against display, monitor makers

Top mobile phone maker Nokia said on Tuesday it filed suits in Britain and the United States last week alleging a number of leading technology firms operate cartels for mobile phone and monitor displays.
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A400M to cost customers extra 7.4 bln eur-Les Echos

The Airbus A400M will cost the seven countries buying the military transport an additional 7.4 billion euros for the 180 aircraft on order, Les Echos newspaper reported in a preview of the front page of its Tuesday edition.
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Daily Forecast - 1/12/2009

The Aussie dollar firmed in local trade yesterday with local equity markets recouping some of Friday's large losses.
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UK to send 500 extra troops to Afghanistan

Britain will send 500 more soldiers to Afghanistan in December as part of a broader surge in NATO-led troop levels to tackle worsening violence and train Afghan forces, Prime Minister Gordon Brown said on Monday.
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Canada, Australia ranked best places for expats

Looking to work overseas? Head to Canada, Australia or Thailand, according to an annual global survey which found recession-hit Britain was one of the worst locations to live for expatriates.
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Peugeot-Citroen says assessing Indian mkt entry

MUMBAI - Europe's second-biggest carmaker PSA Peugeot Citroen is exploring various entry routes into the Indian automobile market but has not yet taken a decision, a spokesman for the group said on Monday.
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Cadbury union seeks jobs pledge from bidder Kraft

A union representing workers at British confectioner Cadbury asked hostile bidder Kraft for a promise on employment security on Monday, saying it was increasingly worried about massive job losses.
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EBay fined by Paris court over LVMH sales

A French court fined eBay Inc 1.7 million euros ($2.6 million) for violating a 2008 injunction that prevents French users of the online auction site from buying or selling LVMH perfumes and cosmetics on any eBay website.
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Atlantis to test world's biggest tidal turbine

Atlantis Resources Corp is to test the world's biggest tidal turbine in the rough waters off the Orkney Islands next year in preparation for Scotland's plan to use ocean energy for half a million homes by 2020.

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