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- | Finance ministers in Copenhagen have agreed to increase the size of the eurozone's rescue funds.
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- | Eurozone countries agreed to boost the joint lending power of the "firewall" from 500bn to 800bn euros ($1.1tn; �667bn).
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- | The firewall is the permanent mechanism to bail out troubled eurozone nations.
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- | But in reality, what the eurozone countries are doing is making commitments available earlier that they had already agreed to give.
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- | As Spain and Italy's finances have looked more precarious, investors have been worried about whether the eurozone's firewall could cope with more bailouts.
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- | The new enlarged fund, combined with what the International Monetary Fund has agreed to lend to the eurozone, should be enough to cope with a new crisis, some suggest.
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- | "Including the IMF commitments, this is enough to take care of Italy and Spain for the next three years and that was the point of this exercise," Christoph Weil, senior economist at Commerzbank in Frankfurt, told the BBC.
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- | He added that he did not think Spain and Italy would require bailouts.
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- | Others were less convinced.
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- | "Today's decision is a classic European compromise," said Carsten Brzeski, economist at ING bank in Brussels.
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- | "It was as far as the German government was willing to go and it was the minimum most other eurozone countries were expecting.
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- | "A bigger increase... could have sent a stronger signal and would have been more convincing," he said.
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- | IMF head Christine Lagarde welcomed the move.
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- | "The IMF has long emphasised that enhanced European and global firewalls, together with the implementation of strong policy frameworks, are critical for ending the crisis and securing international financial stability," she said.
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- | == is compared ==
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- | <p> current, the Russian-American relations into "the cold period" is an indisputable fact.Russia recently in the military to take proactive behavior, make the relations between the two countries is one disaster after another.But the opposite sides of the degree and the "cold war",hollister uk; is compared, still have quite big difference.</p>
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- | <p> recently, Russia took a series of military actions reveal, attracted international public opinion to pay close attention to,hollister.Following the August 17 Russian air force officially restored interrupted 15 years of long-range strategic bomber routine combat duty after flight,air jordan pas cher, the Russian Navy aircraft carrier "admiral Kuznetsov" the only extant, restoration of 19 duty status.Previously,louboutin pas cher, carrying the cruise missile's long-range strategic bombers were close to the United States of America in Alaska area were training pilots in the U.S., Russia and the United States of Guam naval base near the air "confrontation", the Russian air force was spread out over the Arctic over a period of 5 days of military exercises, etc,burberry soldes..</p>
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- | <p> relations in recent years always wanders in predicament.The expansion of NATO, the United States to accelerate the pace of continuous extrusion of Russia's strategic space for survival in the context of Bush, the government decided to deploy a missile defense system in Eastern Europe,burberry, which became the important reason of relationship between Russia and the United States is immersed in trough.Russia, the United States of America for world hegemony, expanding in Russian traditional forces in the context of economic, political and military influence, make Russian national security recently faced "the real threat".Russia recently, their common use Russian radar station in Azerbaijan,hollister, and let more European countries participate in the cooperation on missile defense, but this has not been recommended for the United States of America's positive response.Russia then puts forward a series of ",franklin marshall;asymmetric action", including the suspension of the execution "Treaty on Conventional Armed Forces in Europe", threatened to withdraw from the inf treaty, again in the local deployment can cover the Western medium-range missiles, declared necessary to destroy its missile defence system in Eastern Europe, these measures are of the United States of America Russia strategic extrusion prepotent response.</p>
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- | <p> "cold war", the people to sue the country such as the United States fighter intercept track each other, not unfamiliar, however, 15 years later, as ",hollister online shop;old play" again, inevitably attracted special attention.According to Russian President Vladimir Putin said Russia since 1992, unilateral cease strategic bomber routine combat duty flight time, not all countries follow Russia to take corresponding measures, the Russian national security threat.Obviously, to Russia, the United States and seek strategic balance is crucial,burerry soldes, and Russian recently played the "combined", in a show of military strength at the same time,louboutin, also reflects the relationship between Russia and the United States down to the end of "cold war" the nadir since.</p>
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- | <p> actually, Russia adopted a series of military action,air jordan, is also an important part of its efforts to revive the army.According to President Putin signed at a cost of up to 5 trillion rubles ($190000000000) of the military construction program, the Russians will conduct a comprehensive transformation of weaponry, including intensify development and construction of fifth new generation of air defense missile system, a new generation of strategic bombers, and new aircraft carrier, and in the next 2 to 3 years "Aspen - M" missile system equipped with new targeted warhead and is able to break the missile defense system device.In recent years due to the continued strong economic growth, Russia has entered the fast development of world economy countries, the Russian government has even identified in 2020 to become the world economy five goals, good economic situation is undoubtedly Russia greatly enhance the armed forces provide strong financial support.</p>
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- | In a bid to ramp up the efficiency of its economic development, China has released guidelines on restructuring its nine major business sectors including auto-making, steel, cement and rare earth. And in the agriculture sector, China’s leading enterprises are expected to carve out more market share and increase production efficiency.
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