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| | | ... European Central Bank will consider committing more money to lower borrowing costs of heavily indebted countries like Italy and Spain by buying their bonds. The Dow closed up 186.56 points, or 1.6 per cent, at 12,184.26. It's up 1.4 per cent for the ... |
| | | | ... economic recession in the eurozone as a whole in 2012. Currently, we expect output to decline next year in countries such as Spain, Portugal and Greece, but we now assign a 40% probability of a fall in output for the eurozone as a whole. British Prime ... |
| | | | ... were no match for the double-digit gains recorded in the bourses of Italy (+11.0%), France (10.8%), Germany (+10.7%), and Spain (10.2%). Looks like our mythological Sisyphus has rolled the boulder up that mountain once more. But he didn't do it alone. ... |
| | | | ... 11,523.01. The index plunged 564 points last week on fear that Europe's debt crisis was spreading to large countries like Spain and even Germany. The Standard & Poor's 500 rose 33.88 points, or 2.92 per cent, to 1,192.55 and the Nasdaq composite rose ... |
| | | | ... allowing the European Central Bank to rescue the eurozone from a debt crisis threatening to engulf major economies. Also, Spain's borrowing costs have soared to 14-year highs, increasing pressure for quick economic reform. The US economy has grown more ... |
| | | | ... rating and an apparent failure to reach a deal on cutting the US budget deficit. Markets shrugged off an election victory for Spain's centre-right, with the euro sliding below $US1.35 for most of Monday, but later recovered on US concerns. London's FTSE-100 ... |
| | | | ... euro climbed to $1.3515 from $1.3457 in New York late Thursday. European shares have fallen sharply this week as Italy, Spain and even France faced a sharp spike in borrowing costs, in a dangerous new phase as the debt crisis showed new signs of spreading. ... |
| | | | ... plunge on Thursday amid concerns over feared contagion in the eurozone crisis. European stock markets fell as France and Spain faced a sharp spike in borrowing costs and Germany warned Italy's new prime minister to move fast to avert an even deeper debt ... |
| | | | ... the tech-heavy Nasdaq Composite lost 51.62 (1.96 per cent) to 2,587.99. LONDON - European stock markets fell as France and Spain faced a sharp spike in borrowing costs and Germany warned Italy's new prime minister to move fast to avert an even deeper ... |
| | | | ... stats out of America pull the other way. Europe push. European bond yields spiked anew after the yield on new 10-year bonds Spain auctioned last night jumped to 7%. A new day, same trepidation, same fear over contagion. This was (again) underscored by ... |
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