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Once again the world economy has proved the naysayers wrong and there's been a "real rebound" so far this year, Barclays CEO Robert Diamond told CNBC Wednesday. "One of the lessons we’ve learned in the last couple of years is every time it’s doom and gloom ... the economy is far more resilient," he said. "We see China at 8 percent to 9 percent growth, and reduction in unemployment [cnbc explains] in the U.S. So we’ve seen a real rebound." That even extends to Europe, which was stabilized by the European Central Bank's [cnbc explains] second liquidity injection. President Mario...

Attack Iran, US chief ordered British By Michael Smith, Defence Correspondent (Filed: 30/06/2004) America's military commander in Iraq ordered British troops to prepare a full-scale ground offensive against Iranian forces that had crossed the border and grabbed disputed territory, a senior officer has disclosed. An attack would almost certainly have provoked open conflict with Iran. But the British chose instead to resolve the matter through diplomatic channels. Lt Gen Ricardo Sanchez "If we had attacked the Iranian positions, all hell would have broken loose," a defence source said yesterday. "We would have had the Iranians to our front and the...