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Christian Louboutin Scarpe &pound

to shareholders. Some people raised questions on the issue of appointing a successor for 78-year-old Mr Buffet. The company has said it has Christian Louboutin Scarpe three internal candidates for Mr Buffett's Chief Executive Officer role and four for Chief Investment Officer. But Mr Buffett told the meeting he would not name a successor to begin following him now as all candidates were already running businesses and those not appointed would possibly choose to leave the company, the Associated Press reported. It'd be a waste of talent. I don't really see any advantages in having some crown prince around, he said. Despite its troubles, Berkshire Hathaway has fared much better than many other funds in a year of huge stock market declines. Mr Buffett has said he is prepared to hold his investments for a long time - until they come good, says our correspondent.
The European Bank for Reconstruction and Development (EBRD) says it aims to invest a record 7bn euros Scarpe Louboutin (£6.2bn; $9.4bn) in 2009 to tackle the slowdown.200970The EBRD has increased its investment sharply this yearThe news came as delegates met at the bank's annual meeting in London. The money will be invested in infrastructure, energy, corporate and finance projects. But EBRD president Thomas Mirow said the bank did not expect a recovery in central and eastern Europe until 2010 after a slow bottoming out this year. The bank was established in 1991 to aid countries in the region as they shifted to a market economy, after communism. Statesmen and bankers at Christian Louboutin Scarpe the meeting said central and eastern Europe needed more help to counter the impact of the slowdown, even if the worst of the financial crisis was over. EBRD head economist Erik Berglof said: Banks can be supported by the provision of swap lines from international financial institutions. The extensions of such lines from the European Central Bank could help central banks in a few countries to improve the liquidity of foreign exchange markets, he added. The bank said its investments to date of 2.3bn euros announced since the start
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