With an eye on Europe

The inflation rate of China, fell to a 20-month low of 3.2 per cent in February against 4.5 per cent previously, as food prices eased. This led to a counter effect giving hope of more monetary policy easing. Towards the end of last week, we saw a smart recovery from the lower levels tracking European markets. Europe was the focus last week; Greece was trying for a debt swap deal with its lenders. Damascus, SYRIA: Syrian Grand Mufti Ahmed Hassun (top r) and other religious figures, met with UN-Arab League envoy for Syria Kofi Annan (top l) yesterday. Kofi Annan

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