Money supply is again basis for speculation-Merkel

Newswire

BERLIN, Nov 24 (Reuters) - A large supply of money on financial markets has again formed a basis for speculation, German Chancellor Angela Merkel said on Tuesday. "There are large amounts of money which are already a basis for speculation again," said Merkel at an employers' conference. She also said the German economy, Europe's biggest, was not yet out of its trough and warned that protectionism posed the biggest problem for the world economy. Merkel also said that General Motors had ...

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