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UK wants safeguards if euro zone forges bank union

LONDON - Britain will demand safeguards to protect its financial sector if the euro zone forms a banking union, its finance minister said on Thursday, placing another obstacle in front of the European Central Bank’s efforts to fix a deepening debt crisis.

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Gold steadies as link to risk assets weakens

LONDON - Gold steadied on Tuesday, recovering early losses linked to euro weakness, as renewed focus on the slow pace of the U.S. recovery altered the metal’s relationship to assets seen as higher risk, boosting confidence in its longer-term prospects.

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