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European Markets dip as worries grow over Greece and Spain

European markets suffered a jittery session on Friday as concern continued over Greece and Spain. Confidence in European banks was undermined by ratings agency Moody's, which cut the credit ratings of 16 Spanish banks late Thursday.

(BBC) LONDON - European markets suffer a jittery early session as concern continued over Greece and Spain. Spain's main index is trading higher after losing more than 2% early on. Some investors moved money into German bonds, which are seen as low-risk. The oil price also fell, reflecting worries about the global economy.

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Photo of a person working from home

Person working from home

Bertrand Hauger, Anne-Sophie Goninet, Laure Gautherin and Emma Albright

The world of work is at a crossroads. A new French study published last week shows that in the span of four years, jobs offering remote work have increased tenfold since 2017, as the world grapples with the long-term impact of COVID-19. The profound questioning of the necessity to “go to the office” that the pandemic posed led to teleworking becoming a “new normal” of sorts, with the majority of businesses implementing hybrid models that allow employees to work remotely while still having access to the necessary resources they need to do their jobs ...

… that is, until it was "back to business as usual." But returning to office-based work, as most parts of the world consider the coronavirus crisis more or less a thing of the past, it is becoming apparent to some that things would, and should, never be the same.

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