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Qatar helps Egypt with $2bn central bank deposit
Aug 12th, 2012
Qatar has decided to give two billion dollars in financial support to Egypt, which is plagued by serious economic challenges, Egyptian state news agency MENA reported Saturday. (Source: AFP) -
CAIRO (AP) - It was one of the most perplexing events of Egypt's revolution: orchestrated attacks on prisons around the country that broke out more than 20,000 inmates while police were tied down with the massive popular protests that swept autocrat Hosni Mubarak from power. (Source: Associated Press)... [Full Article]
NEW YORK (Reuters) - World stock indices hit their highest levels in almost five years on Tuesday, with the German benchmark joining the S&P 500 at a record high after unexpectedly strong data amid signs top central banks will remain supportive of growth. Wall Street edged up at the open, with the S&P touching an intraday high of 1,623.74. ... [Full Article]
By Matt Scuffham LONDON (Reuters) - The Co-operative Bank has stopped offering loans to new business customers, part of measures designed to quell growing concerns over its capital position. A spokesman for Britain's biggest customer-owned financial services business said it would continue to provide lending to existing customers. The freeze d... [Full Article]