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Posted: Tue January 10, 2012 12:22 pm
INTERNATIONAL. "I don't think one can completely discount the risk because the authorities may not control all the factions...but I think that they understand the risks that they run."
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QATAR. In the end, monetary policy can be powerful in the short-term but is unlikely to change the long-term predicament of the Euro Area. The ECB may succeed in preventing prolonged deflation from taking hold, but this is a not a sufficient condition for sustainable growth.
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