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FTSE troubles


The FTSE 100 rose back above 5000 after a 5% drop this morning – the first time the FTSE has been below 5000 for over a year. Markets across the world have been YoYo-ing following an uncertain market climate. The European Central Bank had tried to encourage investment and insert confidence by purchasing bonds – a move which back fired catastrophically. The financial markets face an uphill struggle following recent global troubles including Greece receiving a bail out, Ireland & Spain is financial disarray and the US credit rating being downgraded to......

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