Spanish Government Approves Bad Bank

The so-called bad bank Spain’s government will set up to take soured real estate from the lenders it has bailed out will seek private investors and try to sell the assets over 10 to 15 years.

Australia to Restrict Gas Exports From Its East Coast 
27:25 - Australia will restrict gas exports from its east coast unless producers ensure adequate supplies for the domestic market, the latest effort to tame a budding energy crisis. Bloomberg's Paul Allen reports on "Bloomberg Markets." (Source: Bloomberg)
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