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Market Intelligence - 15.07.08

15/07/2008

MARKET INTELLIGENCE—15.07.08

Macroeconomics

We are entering the summer holiday season and this is slowing down traditional activities and news flows.

The main event over the past 14 days was the G8 summit in Japan, but what used to be a meeting of importance where serious global problems could be discussed and managed has become a small-talk media event ending with lukewarm press statements. For the interested global citizen very few—if any—ideas were produced to handle the present problems.

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