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This is Money
Businessmen have become more gloomy about the economy in the past month, raising fears that Britain may slip into a "double-dip" recession next year.
Confidence falls on fears of 'double-dip' recession
Standard & Poors has become the second rating agency to downgrade Greek sovereign debt to near junk levels of BBB+, issuing a withering verdict on Spartan plans unveiled this week by premier George Papandreou.
S&P downgrades Greece while concerns mount over secret defence budget
Italy's leading bankers and business leaders have called for the Basel II rules on bank capital to be shelved or delayed, fearing a serious credit crunch next year.
Italian banks fear crunch from Basel II
JP Morgan Chase is being accused of attempting to drive down Washington Mutuals share price ahead of the Seattle-based banks collapse at the height of the financial crisis in September 2008.
JP Morgan accused of driving down Washington Mutuals share price
The relentless rise of Asias middle classes is poised to create an explosion in the global market for bottled water that will see the world consuming more than 280 billion litres annually by 2012.
Asian middle classes thirst for bottled water will pull trigger on an Eastern blue gold rush