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U.K. manufacturing index turns up
A sharp turn to the plus side in a measure of U.K. manufacturing last month is still likely to leave the economy in recession mode for the final quarter. The index from Markit and the Chartered Institute of Purchasing and Supply came in at 51.4, up from 49.2 in November. Meanwhile, Prime Minister David Cameron prepared to take up leadership of the Group of Eight countries with a call for bold economic initiatives in 2013.

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