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This is Money

The International Monetary Fund (IMF) has warned that Gordon Brown risks a run on the pound if he does not set out a clear path for reducing national debt.
IMF warns pound could be at risk from uncertainty

Nouriel Roubini, one of the few economists who accurately predicted the magnitude of the financial crisis, said on Thursday that the worst of the turmoil has passed.
Worst behind us but more stimulus needed: Roubini

Will CIT's failure relight the financial crisis? On July 15, one of the nation's largest lenders to small businesses, CIT, said the government was unlikely to save it from bankruptcy. A bankruptcy, some say, could come before the weekend. And that has many people for the first time in months getting nervous that the simmering financial crisis could heat up again.
In CIT Woes, Some See Restart of Financial Crisis

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX	GOLD	NYMEX CRUDE

BG. Goldman: upgraded to buy from neutral, tp 1390
BNZL Merrill: downgraded to neutral from buy, tp cut to 550 from 780
BVIC Citigroup: reiterated buy, tp raised to 360 from 350
FCAM RBS: downgraded to add from buy
HGI Citigroup: reiterated sell, tp raised to 85 from 75
HSBA Morgan Stanley: resumed equalweight
NWG Morgan Stanley: reiterated equalweight, tp raised to 270 from 260
PNN Morgan Stanley: reiterated equalweight, tp cut to 470 from 520
RDSB Goldman: buy, tp 2350
SVT Morgan Stanley: downgraded to underweight from equalweight, tp cut to 1230 from 1315

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