Deposit outflows from Cypriot banks slow

CYPRUS' central bank says deposit outflows from the bailed-out country's banks have slowed to their lowest level in 10 months. Figures released on Thursday show overall deposits at the end of October to be at 47.3 billion euros ($A71.2 billion),...

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Britain scales back loan program

THE Bank of England has scaled back a loan program meant to spur economic recovery, amid fears that cheap mortgages could inflate a housing bubble. The Fund for Lending program was launched in June last year by the bank together with the Treasury...

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Syrian troops retake rebel-held town

THE Syrian army has retaken a mainly Christian town near the capital Damascus, a week after Islamist rebels seized it. The army regained full control of Deir Attiyeh in the Damascus countryside "after eliminating the last dens of terrorists...

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Sri Lanka starts counting civil war dead

SRI Lanka's government has started counting the dead, wounded and missing in its quarter-century civil war amid international pressure to conduct a credible investigation into war crimes allegations. It comes two years after a local war commission...

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