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Quarterly Newsletter - Spring 2011

The events of first quarter of 2011 have been truly mind-blowing.  We have witnessed uprisings and riots in North Africa and the Middle East which until recently would have been barely imaginable, Japan suffered an earthquake and a tsunami of biblical proportions and, nearer home, several member states of the EU continued to have financial problems that have been leading to a crisis which could yet seriously threaten the euro as a currency.