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FTSE 100 rose from 2 2pc at 5,767, led by topic 4pc rises in Lloyds Banking Group and Royal Bank of Scotland, as Germany and France, indices also gathered momentum. The euro is a beginning to the dollar slide to three-quarters of a percent to $1.3228 due to actions of the ECB.

Recovery defied the predictions of a rout after the ECB have resisted pressure to launch a "money-printing" programme to bail weaker members of the euro area.

Jean-Claude Trichet, President of the ECB, which held the rate their weak record of 1pc and ceased to quantitative easing, but sought to reassure the markets concerned by extending the installation of liquidity of emergency of the Bank for the Bank until the end of the month of March. Traders said that the ECB has immediately began his most aggressive buying sovereign bonds since may erase the debt off-balance sheet of banks and to artificially create strong demand returns.

Yields Portuguese bond 10 years has fallen from 6 148pc 0.497, Irish sovereign yields 10 years dropped from 0.447 Spanish 10 years passed to 5 077pc 0.212 8 496pc and bond yields.

Traders said that the scale of the action appears to be an attempt to allay concerns that the authorities are reluctant to take the necessary measures to assist at the periphery of the troubled euro. Some market participants had hoped that the ECB will announce as much as EUR 1 billion (￡ 847bn) of the quantitative easing.

"I say we are constantly alert." We strive constantly to the situation of the markets. The program of the securities market is underway. I repeat, current... I will comment on the comments of participants in the market, "said Mr Trichet."

Decision of the ECB was soon after that Fund currency International Director, Dominique Strauss-Kahn warned that Europe stands on the edge of a cliff and faces "slow" growth at best.

"The crisis in Europe is still strong," said business leaders and ambassadors in Delhi.

The Greece Ireland received bailout, and "at the edge of the cliff", while others are "not far from the edge", he added. The whole region euro "now has to deal with the budgetary consolidation in the medium term", said.

Official figures added to concerns with the eurozone with slowing economic growth in the third quarter of 0 4pc of 1pc, in the second, according to the Agency for statistics Eurostat. For the 27-Member from entire European Union, growth was 0 5pc in the third quarter – a revision to the increase in the first estimate of 0 4pc.

Fears are mounting that the euro area will be drilling an economy two-speed with the strategy defined to meet the needs of the Germany to the detriment of others.

German, Rainer Bruederle, economy Minister said before the meeting of the ECB only additional liquidity does not solve problems of Europe and describes 600bn United States $ (￡ 386bn) its quantitative easing as excessive stimulus package. He said: "Silver continuous printing is not the solution".

Head of the German Bundesbank, Axel Weber has to go away and criticized the liquidity of the ECB emergency support.

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By Patrick Rizzo, msnbc.com, senior editor

At the top of the action list for the lame duck Congress should extend to two million Americans unemployment benefits that are based on payments for cross until they find a job.

The recent speech is that lawmakers would be willing to extend the benefits for the fifth time this year before their expiry 30 supporters novembre.Les additional benefits include groups representing the so-called 99ers, running benefits after 99 weeks.

But the Republicans, which triggered Democrats partly on mid-term elections the idea that America was too spent, say that the deficit is already too big and that benefits even unemployed should be on the table for discussion.

The debate that deletes a number of echoes, which said that us Wednesday received benefits totalling 319 billion in the last three années.Article CNNMoney, the Federal Government has already paid to 109 billion unemployment said that.

Companies are likely to pay for much of the rest, including what should be added that if Congress agrees to extend the benefits, CNNMoney said.

High unemployment rate, currently at 9.6% officially, forced States that generally Fund for unemployment benefits, to ask the Federal Government for aider.Les States are in the Straits of say: 31 of them were now 41 billion in loans outstanding according CNNMoney.

With the employers on the hook to reconstruct the unemployment fund money, taxes on businesses should rise to 64 billion in 2015 from $ 38 billion last year, according to the Ministry of labour.

With this kind of money on the line, companies large and small will be probably be strong allies to legislators who want to either to stop expanding benefits or find cost elsewhere to make up the difference.

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The accounting standards Board has launched a consultation by expanding international standards of financial reporting (IFRS) all companies to smaller in Britain. ?

In a statement, the NCC said that the new system would cost an estimated ￡ 78.9 m to introduce, but insists on the fact that it would be worth.

Standards, which are currently mandatory for companies portfolio, has been criticized as "deeply flawed" by some experts.

Tuesday, Lord Lawson, who sits on the House of lords Economic Affairs Committee said the evidence that he saw gave her concerns that he has "serious problems" with the British Columbia Colombia accounting standards.

Former Chancellor said that the system may have hidden risks in British and Irish banks that caused the institutions to explode during the financial crisis.

In his statement, the CNC acknowledged controversy by saying "know that there are differing views".Cependant recommended body standards as being necessary to "simplify" the current; rulesShorten the rule-book of 2,000 pages 400; and reduce the "field for error checking.

However, critics say the new standards will take measurements of life risk UK standards could make work more easy for accountants, but at a potential cost to RTI stakeholders ' others pointed out that book accounting rules has doubled size under the direction of the day-to-day management of the BSA.

David Loweth firmly rejected accusations that the accounting profession was gain most of the modification of the règles.Il said Daily Telegraph: "the new standards of would modernise and simplify the system of accounts that provide clear views on the financial statements for the benefit of investors and owners of the company."

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Dear Lloyd, Katie Waissel and Rebecca Ferguson are among the finalists of the factor X 2010 photo: REX FEATURES

The broadcaster said it has also secured the X Factor and exclusive broadcast rights for the u.s. version of the X Factor and Got Talent America for ITV2 UK.

In the new agreement extends successful relationship of ITV with Simon Cowell nine years until 2013, Britain's Got Talent will return bonus at the end of the spring of 2011 and the X factor in autumn 2011.ITV2 will also continue to broadcast shows the Xtra factor and Got more talent Britain.

"I am committed to ensuring that the two shows get bigger and more annually YH ' have a lot to thank ITV keys were in the manufacture of the X factor and Got Talent Britain more large the United Kingdom TV broadcasts,"said Simon Cowell.""

Peter Fincham, Director of ITV television, said two television programs are "national obsession.

Seventh series this year of the X factor was most popular even with display of digits in each stage reached levels record.Près 17 m viewers watched show houses of judges in the second and second live results yesterday show sharp 15.2 m, the highest ever at this stage of the competition.

Online, ITV.com TheXFactor attracted more than 95 m page views in 2009 with more than 30 m video views throughout the race series.

ITV will also become exclusive television sales agents all properties online and interactive factor X and Got Talent Britain one new downloads of iTunes shows revenue-sharing agreement was also agreed.

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