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Financial News highlights

· Ratings slashed on global banks

· ECB may scrap ratings on Eurozone debt

· Spain needs €62bn to save struggling banks

· Greece faces emerging-market status

· Markets in US and Asia drop on weak US data

· European markets set to open weaker

· Dollar maintains biggest advance in 6 months

· Brent crude hits mega low

· Gold and silver set for worst week this year

· Commodity gauge slides to lowest level since 2010

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