Ten Things You Need to Know Today: Tuesday 8 Nov 2011

1. FEARS OF SLUMP AS EU TALKS BREAK DOWN

An EU finance ministers meeting due to be held this morning in Brussels has been called off as Germany and other members wrangle over the details of the "grand bargain" that had been expected to save the euro. News of the breakdown spooked markets which fell in Europe and New York and raised fears of a slump.

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