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On Day 13, the US government concluded its arguments in the trial of Rajat Gupta, the former global head of McKinsey & Co., who has been charged with insider trading.

 
 
A shrinking economy, untenable debt and a political backlash against austerity measures have made it increasingly likely that Greece could cease using the euro.
The German Chancellor said that the debt crisis has built over the 10 years of the currency's existence and cannot be fixed overnight.
 
 
The jobless rate in Greece hit a record high of 21.9 per cent in March, up from 21.4 per cent in the previous month and 15.7 per cent a year earlier.
Analysts say the bank is now likely to see what European leaders can come up with at a June 28-29 summit.
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