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    The fat italian lady is singing

    Debt crisis: live Italian bonds rise past 'unsustainable' 7pc barrier and the country enters bail-out territory, with the ECB reportedly buying country's debt and IMF chief warning that the global economy faces the risk of a 'lost decade'...
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    Sharp drop for economy IMF warns

    THE International Monetary Fund has slashed its economic forecasts for Australia, warning of a new global recession that would hit commodity prices and drive millions worldwide into unemployment. Hours before the fund published its unexpectedly gloomy update in Washington, the Reserve Bank of...
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    HIA goes running to the Government asking for stimulus

    The Government should tell them to take a running jump: NEW home sales continue to slide sharply, prompting calls for the Government to boost the struggling industry with a stimulus package. The housing market has been struck another blow, with new home sales falling 8 per cent in July...
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