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English to Russian translations [PRO] Art/Literary - Business/Commerce (general) /
English term or phrase:global powerhouse
London is a *global powerhouse*.
By concentrating in London, banks, securities houses, dealers in commodities and derivatives, insurers and shipping companies create a critical mass. More foreign banks locate in London than any other global centre. Many men and women come to work in London from New York, Milan, Hong Kong, Frankfurt, Tokyo, and other cities and become part of the fabric of a great capital.