Sunday, August 7, 2011

G7 gives first sign ready to battle crisis (Reuters)

Italy's Prime Minister Silvio Berlusconi attends a news conference at Chigi Palace in Rome August 5, 2011. REUTERS/Tony GentileReuters - Political and financial leaders gave their first sign of readiness to battle a debt crisis gone global when the European Central Bank signaled on Sunday it would start buying Italian and Spanish debt, a critical move to quell a bond rout that has rocked financial markets.


Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20110807/bs_nm/us_crisis

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