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Downgrades and a deadlock in bondholders' talks - how bad has the eurozone crisis got? Lesley Curwen asks Geoff Kendrik, Head of European Foreign Exchange Strategy at Nomura Bank. Public sector workers in countries across the world are seeing cuts in their pay and perks, but not in the oil-rich Gulf. Stephanie Hancock reports from Qatar on the amazing 60% pay rise enjoyed by its public sector workers. Plus, Lucy Kellaway of the FT unveils her annual awards for the most outrageous management jargon. In the category of worst email sign-offs, the top two were 'toodle-pip' and 'smiles!'
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