News Headlines - 22 November 2011

▽Thomas Cook's £900m Debt Woes Deepen - Sky News
Europe's second biggest tour operator Thomas Cook has announced it is in negotiations with banks about its growing £900m debt.
As a result, it plans to delay the announcement of its annual results due on Thursday.

▽BOE Says Concern Over Financial-System Shock Rises ‘Sharply’ - BusinessWeek
The Bank of England said concern among market participants of another shock to the financial system jumped in the second half of the year as Europe grappled with its debt crisis.

▽US growth revised down to 2% - Financial Times
The US economy grew slower than originally thought in the third quarter as businesses drew down their inventories faster than expected.

▽Crowds Clash With Police in Cairo for Fourth Straight Day - New York Times
Huge crowds of protesters filled Tahrir Square in central Cairo on Tuesday and battled with the police in nearby streets for the fourth straight day, braving an increasingly lethal crackdown to demand an end to military rule.

▽Turkish premier urges Syrian leader to step down - The Associated Press
Turkey's prime minister said Tuesday that Syria's president must step down over the country's crackdown on dissent, ratcheting up the pressure on the increasingly isolated Bashar Assad.
Turkey's call came as Syrian activists reported that five people — including four children — were killed Tuesday.







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