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01/11/2012 - 15:06

China's pick-up makes rate cut less likely

01/11/2012 - 15:06

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Treasurer Wayne Swan says the latest jobless figures from Europe are a stark reminder of the difficult conditions in the global economy.He described the eurozone jobless rate of 11.6 per cent as "shocking", and said the situation in Australia "couldn't be more different".

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