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Italy's Siri: Considering reducing budget deficit to 2.2% or 2.3%

Italy's ruling party - La Lega's Economic Adviser Armando Siri crossed the wires in the last hour and said that the government is considering reducing the budget deficit target to 2.2% or 2.3% but won't postpone any key welfare/ pension reforms, rather approve by Christmas.

China: Industrial profits severely squeezed – ING

Iris Pang, Economist at ING, points out that China’s industrial profit growth slowed to 3.6% year-on-year in October from 4.1% in the previous month,
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G20 meeting: No high expectations – Nordea Markets

According to Tuuli Koivu, Research Analyst at Nordea Markets, trade disputes will be high on the agenda at the G20 meeting on 30 Nov-1 Dec. Key Quote
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