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12 December 2011 Last updated at 12:17 ET

Job loss 'is fastest-rising fear'People queue outside unemployment registry office in Madrid

A BBC World Service survey covering 11,000 people in 23 countries found unemployment was the world's fastest-rising worry.


Closing down saleEurope 'to face bigger downturn'

The UK and eurozone economies will contract sharply in 2012, economists at Standard Chartered bank forecast.

EU 'lacks decisive policy plans'

Moody's says it will review the ratings of all EU countries because of the lack of decisive policy measures coming from last week's summit.

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Our Experts

Robert Peston Article written by Robert Peston Robert Peston Business editor

The safety of banks wasn't on FSA agenda

Between January 2006 and July 2007, of the items reported to the FSA board by its then chief executive, just "one out of 110 related to bank prudential issues". So the safety and security of banks was hardly on the agenda of the FSA at all - just when the banks themselves were engaged in the most reckless lending and investing spree in British history.

Read full article

Stephanie Flanders Article written by Stephanie Flanders Stephanie Flanders Economics editor

Euro crisis: The long and short of it

The message from trading floors has changed in the past few days, in a way that may be seen as a sliver of good cheer.

Read full article

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Last Updated at 12:27 ET

Market index Current value Trend Variation % variation
Dow Jones 11949.57 Down -234.69 -1.93%
Nasdaq 2594.99 Down -51.86 -1.96%
S&P 500 1229.99 Down -25.20 -2.01%
FTSE 100 5427.86 Down -101.35 -1.83%
Dax 5785.43 Down -201.28 -3.36%
BBC Global 30 5541.15 Down -57.12 -1.02%

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