The MP said he was delighted to see Mr Mandelson back in the cabinet as Northern Ireland secretary, but did not believe a return to government was "on the cards for himself" given the present situation.

BBC: You are in: UK Politics

There were reports Monday that there may be negotiations occurring between Israel and Egypt on de-escalating the present situation.

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This meeting was an opportunity for exchanging views on the present world economic and financial situation.

WHITEHOUSE: The White House

However, the world stock markets are also starting to focus on other matters and have mostly factored into prices the present EU debt situation.

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