The FTSE had a bumpy ride in 2012 as European leaders played budgetary 'chicken' on an epic scale, the electorate in the US flirted with a lurch to the right before falling once more for Obama's oratory charms, and the Chinese dragon coughed and spluttered before rumbling on, just a little slower than before; oh and London had a sports day and did rather well in the genteel world of velocipede racing.
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