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After Government Raid, JItters For Bitcoin ?
EconomicsFinancial Markets 9 hours ago
With news that authorities seized assets of the world's largest bitcoin exchange, traders and other people interested in digital currency are looking nervously at the future. CNBC outlines possible next steps.
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Bank of England More Upbeat on UK Economy
The Bank of England signalled modestly higher growth this year and a faster fall in inflation, as the governor Sir Mervyn King took a swipe at proposals for a Europe-wide financial transaction tax.
Are Central Banks Repeating Greenspan's Mistake ?
Central banks around the world are repeating the mistakes of former Federal Reserve Chairman Alan Greenspan by flooding markets with cheap money, according to Brunel University's Moorad Choudhry.
UK Economy Picking Up, Surveys Suggest
Britain is starting to see green shoots of recovery as business activity picks up, companies continue to hire new staff and consumers start to spend again.
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EU Referendum: Cabinet Crisis For David Cameron As Ministers Break Ranks
David Cameron is struggling to maintain Tory discipline over Europe after cabinet loyalists Michael Gove and Philip Hammond said on Sunday they would vote to leave the European Union if a referendum were to be held now.
Bernanke: More Work Needed To Quell Another Crisis
Four years after the worst financial collapse in three generations, lawmakers and bank regulators still have a lot of work to do to prevent it from happening again, according to Fed chairman Ben Bernanke. Framework is under construction.
Youth Unemployment Could 'Scar' Entire Generation: ILO
The long-term impact of rising unemployment among the young could be felt for decades, according to the International Labor Organization (ILO), which estimates that 73.4m young people or 12.6% of young people aged between 15 and 24 around the world are expected to be out of work in 2013, a jump of 3.5m between 2007 and 2013.
TUC Warns of 'Lost Decade' as IMF Arrives to Scrutinise UK Economy
International Monetary Fund officials arrive in London Wednesday for their annual health check of Britain's economy as the government faces a fresh warning its austerity drive is causing a "lost decade of growth".
Lenders May Create Bitcoin Rivals
Commercial banks may create digital currencies to rival Bitcoin, the virtual money whose U.S. dollar value collapsed by 46% in 24 hours last month, the head of New Zealand’s banking lobby have said.
Nigel Lawson Attacks EU 'Monstrosity', Backs 'Brixit'
The U.K.'s future in Europe returned to the political agenda on Tuesday after a former finance minister said the case for a British exit from the European Union "is clear."
Jefferies' Zervos: QE Unprecedented, Exit Will Be A 'Messy Process'
David Zervos, head of global fixed income at Jefferies, spoke with Bloomberg TV's Erik Schatzker and Sara Eisen on 'Market Makers'.
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