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Egypt drags its feet in privatisation tussleA thorny legal issue facing Egypt's government was laid bare last month when Prime Minister Hisham Kandil was given a suspended jail sentence for failing to implement a court ruling to renationalise a textile More… |
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Britain nationalises Northern Rock bankBritain has nationalised Northern Rock abandoning a five-month attempt to snare a private sector buyer for the ailing bank and piling more pressure on Prime Minister Gordon Brown. Once Britain's fifth-largest mortgage lender, it has borrow More… |
