Monday Papers: PM faces prospect of rising jobless claims -- other news

Mon Jul 7, 2008 8:09am BST
 
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* Prime minister faces prospect of rising jobless claims ahead of the next election, according to economic forecasts

* Central London has seen a dramatic 50% slump in commercial property transactions over the first half of the year, according to Cushman and Wakefield

* Abu Dhabi reignites talk that the UAE may break its fixed peg to the US dollar

* President George Bush says he is prepared to be 'constructive' in discussions on climate exchange, but insists that any dealis contingent on the participation of China and India

* Gordon Brown will today use an expert study by renowned scientist Ed Gallaher to warn other world leaders that a rush to increase biofuel use could exacerbate rising food prices

* Gordon Brown tells families facing spiralling shopping bills to stop wasting food

* Top scientist, Sir David King, says GM crops are the answer to food price crisis

* Rules introduced by the FSA that force hedge funds to disclose short positions in companies holding rights issues have caused confusion among investors

* Nearly a quarter of the world's leading pharmaceutical companies consider that diversifying away from selling medicines while expanding sales in emerging markets are the most promising ways to sustain profits, according to a survey

* One of Goldman Sachs' top traders, Driss Ben-Brahim, is leaving to join GLG Partners

* Credit Suisse has cut the cost of its top management team in Europe by 30% to set the tone for a broader efficiency drive in the region during the second half of the year

* Iran raises hopes of nuclear talks

* Opposition leader Morgan Tsvangirai rejects talks with Mbeki as Mugabe targets opposition MPs

* Suicide bomber kills 10 in Islamabad

* Gordon Osborne claims Tories could cut 5p a litre off cost of fuel by using tax surplus from oil price rises

* Gordon Brown rejects union demands for improved right to strike

* Glasgow East by-election could decide prime minister's future -- Telegraph

* Internet swap shop, Freecycle, helps families beat credit crunch

* Price of toys soars on China growth

* Boris Johnson drops inquiry into deputy mayor Ray Lewis amid new church claims

* Rafael Nadal wins Wimbledon men's single title after an epic five-set match with Roger Federer.

 
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