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Levene joins Davos debate

LLOYD’S chairman Lord Levene speaks during a session entitled Assessing Global Risks on the opening day of the World Economic Forum in Davos, Switzerland yesterday. Recession across the world’s biggest economies is the main concern of business leaders gathering in the Swiss ski resort for the event. Yesterday saw more nervous trading on world stock markets, with shares in Europe and the US continuing to fall despite US efforts to ward off recession with a dramatic drop in interest rates. Bloomberg

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