WireTap 1400 03/01/12
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WireTap 1400 03/01/12

A round-up of the key stories across the specialist financial media, including news that a Greek government spokesperson has warned that Greece may have to withdraw from the eurozone if a second bailout is not secured.




Greece warns on euro exit if bailout not signed

A Greek government spokesperson has warned that Greece may have to exit the eurozone if it fails to secure a second bailout package.

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Regulators embrace zero-risk Greek bonds

U.S. regulators, required by Congress to remove credit ratings from banking rules, have devised a plan anchored in a Paris-based group’s rankings that assign zero risk to most European government debt.

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Iran tensions boost crude oil prices

Heightened tensions between Iran and the USA, including fears of the closure of the Strait of Hormuz, led to an increase on the price of crude oil today.

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Jobless data highlight euro challenges

Year-end job tallies for Germany and Spain have seen a sharp divergence, highlighting the challenges that eurozone leaders face in trying to stabilise the currency union without harming poorer member states.

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Temasek sets up S$2.5bn China fund

Singapore’s state investment agency is setting up a fund, headed by its former chief investment officer, to invest in North Asia, including China.

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