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UK PRESS: Angela Merkel has challenged Gordon Brown..

By   || March 18, 2010 at 04:25 GMT
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UK PRESS: Angela Merkel has challenged Gordon Brown to drop his
objections to European regulation of the hedge fund and private equity
industry, the FT reports. The German chancellor called for greater
progress in agreeing new financial regulations at an international
level, and singled out UK opposition to the proposed European Union
hedge fund directive, the paper says.

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