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| | | ... due to political reasons including allegations of improper payments to members of Spain's ruling party and instability in Italy. Europe's leading blue chip Stoxx50 index was more than three per cent lower. In the US, the Dow Jones Industrial Average ... |
| | | | ... reaction to the news. They showed fear! The S&P 500 index closed 1.2% down last night and Europe gave up more than 3% as Italy's stock market sank by 4.5% and that of Spain by 3.8%. And oh, even Germany, the region's pillar of strength, fell by 2.5%. ... |
| | | | ... set to open lower following strong falls on US and European markets overnight amid fears of political turmoil in Spain and Italy. At 0630 AEDT on Tuesday, the March share price index futures contract was down 32 points at 4,837. In economic news on Tuesday ... |
| | | | ... Mib shares index rebounded 0.86 per cent to 17,439 points, having slumped by 3.36 per cent on Wednesday on concerns over Italy's banking and energy sectors. The euro rose to $US1.3582 compared with $US1.3564 in New York late on Wednesday, when it had ... |
| | | | ... less virtuous if their public pension commitments are taken into account, while the situation of countries such as Spain, Italy, or even Portugal, is relatively better," said the report. Rises in the old-age dependency ratio and unemployment as well ... |
| | | | ... risk that sometime, one day, they might not get their money back. This has happened in Greece, Portugal, Ireland, Spain, Italy, etc. But it won't happen in the US. We've seen this too. Remember August 2011? On the fifth of that month, Standard & Poor's ... |
| | | | ... However the euro gained against the US dollar as traders reacted to positive bond sales by indebted eurozone nations Spain and Italy. London's FTSE 100 index of leading companies posted a narrow gain of 0.05 per cent to 6,101.51 points. But Frankfurt's ... |
| | | | ... headache for the eurozone. As 'The Economist' eloquently puts it, "The reduction in interest rates [for Greece] means that Italy and Spain are lending money to Greece for less than they can borrow. But they calculate that, in the long run, stabilising ... |
| | | | ... to an IRS hearing in Washington. The US government has announced its intention to form intergovernmental agreements with Italy, Spain, France, Germany, Japan and Switzerland and has recently signed an agreement with the UK. |
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