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CNBC Worldwide Exchange July 11, 2013

New r word, citing recovery, while sticking to its ultra easy policy. And alls well that ends well. Shares of Deutsche Addington trade above the issue price. Well speak to the ceo first in 45 minutes. Warm welcome to you. Plenty to get through today on the show. We kick off with the iea, predicting Global Oil Demand growth of 1. 2 Million Barrels a day in 2014. U. S. Production will rise 530,000 barrels a day in 2014. Nonopec by 1. 3 Million Barrels a day. So the u. S. Oil boom to erode opec market share, is essentially what theyre talking about this morning. The north american share open will leave one of the biggest rises in nonopec supply growth seen in the last two decades, which will help meet Global D ....

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German landlord TAG warns home prices could fall 30% from peak

German home prices could
fall as much as 30% below their 2022 peak, one of the country s
largest landlords told Reuters, in a more pessimistic assessment
than rivals highlighting the continued threat. ....

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Exclusive-German Landlord TAG Warns Home Prices Could Fall 30% From Peak

Exclusive-German Landlord TAG Warns Home Prices Could Fall 30% From Peak
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United States , Rolf Buch , Alexander Smith , Tom Sims , John Odonnell , Martin Thiel , Matthias Inverardi , Germany September , Johno Donnell , Formula One , Rene Benko , New York ,

Exclusive-German landlord TAG warns home prices could fall 30% from peak

German home prices could fall as much as 30% below their 2022 peak, one of the country's largest landlords told Reuters, in a more pessimistic assessment than rivals highlighting the continued threat posed to Europe's biggest economy. TAG Immobilen co-CEO Martin Thiel painted a bleak picture for Europe's biggest residential property market, which has already seen prices tumble by around 10% in Germany's worst property crash in a generation. "We expect further losses in value," Thiel said, adding that while he expected the fall in valuations to bottom out at 20%, TAG was taking precautions for worse. ....

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