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Transcripts For CNBC Worldwide Exchange 20140515

Following the soma mine collapse, the countrys worst ever industrial disaster. Death toll now sitting at 282. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. A warm welcome to todays edition of Worldwide Exchange. We focus on the gdp numbers. Were getting the latest data out of italy. Were trying to bring that to you. Gdp contracting down 1 on the quarter. It was forecast to up up 0. 2 . The drop driven by the industry secretarier. The italy Service Sector growth flat in the First Quarter. The Agriculture Sector grew into q1. Nevertheless, the italian number disappointing. Its in contraction. First quarter gdp down 0. 1 . Thats taking euro dollar around sixweek lows. 1. 3675 is where we stand at the moment. It is worth pointing out on tuesday we got down to 1. 3685. We are a bit below that as well. Sixweek lows for euro dollar. This follows news around gdp elsewhere. Germany beat forecasts First Quarter growth in the period, it doubled the pace reco

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