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Financial Times - World

The Financial Times brings you the latest economic and political news from around the world

Greek parties agree austerity cuts
Political leaders have agreed to protect pensions as part of a deal that will unlock a €130bn bail-out and avert a disorderly default
Draghi rules out losses on Greek debt
The European Central Bank rules out taking losses on its holdings of Greek government bonds but widens its range of collateral
Spanish judge Garzón barred for 11 years
Found guilty of ordering illegal wiretaps during his probe of alleged corruption within the ruling party
US banks reach $40bn housing deal
Under deal banks would improve mortgage procedures; reduce borrowers’ loan balances; and pay about $4.2bn to estimated 750,000 homeowners
Ousted Maldives ruler calls for intervention
Mohamed Nasheed says international community needs to ‘help keep the peace’ to prevent the island nation from descending into violence
US jobless claims trend near four-year low
First-time claims for jobless benefits fall, bringing the trend in lay-offs to the lowest level in nearly four years
Japanese companies invest in Vietnam
A record 208 Japanese companies set up in Vietnam last year, pledging to invest $1.8bn, says Jetro, the Japanese trade promotion body
China opens door to Syrian opposition
China has held talks with Syrian opposition representatives in a sign that Beijing has begun hedging its bets on the latest Arab country shaken by unrest
Chinese inflation jumps to 4.5%
Chinese inflation jumped in January, breaking a streak of five straight monthly declines, due to rising food prices ahead of New Year
Falklands’ future fuels UK-Argentine tensions
Buenos Aires sees the recovery of the islands as the cornerstone of its foreign policy and has rallied regional support

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