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That also means the iShares MSCI Emerging Markets ETF will hold Greek stocks. MSCI announced its demotion of Greece in June, so the countrys transition to the MSCI Emerging Markets Index was known to be coming for several months!

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The bank has promised that anybody who was mis-sold products by NHFA will not be left out of pocket. "We will take responsibility for all NHFA customers - including those from before HSBC bought the company in 2005 - to ensure that this issue is entirely resolved," said Brian Robertson, chief executive of HSBC. "I am profoundly sorry about what happened at NHFA and it is only right and proper that we stand fully behind these customers. "Many customers will be rightly concerned that they, or indeed their relatives, might not have received appropriate advice from NHFA, so we will certainly look at each complaint individually and sympathetically." Any customers of NHFA from before April 2004 who wish to complain should email...Americans are growing even more distrustful of their financial institutions. The latest figures from the quarterly Chicago Booth/Kellogg School Financial Trust Index showed that only 23% of those surveyed said they trust the country's financial systems, down from 25% in June.

The bill now moves to the Senate, where it is expected that it will be finalized by the completion of the formal legislative session on July 31, 2012.The usual assumption that economists, financial planners, and actuaries make is that future real GDP growth can be expected to be fairly similar to the average past growth rate for some historical time period!

Even during the boom years, it created many more jobs in construction than in manufacturing. It is hard for Indias young to raise their sights when they are carrying bricks on their heads!

Banking on PPI and PPI-Lean projects and cost control, Thermo Fishers operating margin has been on an improving trend. Besides, the strong cash position should assist the company in making suitable acquisitions or repurchase shares.Deutsche Bank said in a report late Tuesday that Brent prices were likely to come under pressure in the short-term, citing global economic uncertainty and the prospects for a pickup in Libyan oil exports.The writedown will help reduce Greeces debt ratio to 120 percent of GDP by 2020. With 206 billion euros of Greek bonds in private sector hands, the scheme is expected to lighten the countrys debt burden by 100 billion?

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