- By Pinki Doll
-
Postado Tuesday, 30 August 2011
at 09:37
BERLIN - It's not hard to come up with reasons for the euro zone's exasperating inability to get a grip on its debt crisis.There's the German government's reluctance to take the bold steps that seem necessary to bring about a change in market sentiment toward Europe's single currency project.
There's the incessant public squabbling between the
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NEW YORK — Just when Wall Street seemed to have settled down, a barrage of bad economic reports collided with fresh worries about European banks Thursday and triggered a global sell-off in stocks.
The Dow Jones industrial average fell 419 points — a return to the wild swings that gripped the stock market last week.
Stocks were only part of a dramatic day across the financial markets. The price of oil fell more than $5, gold set another record, the government's
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Tags:
Economy,
Europen Economy,
Exchange,
Gold Price,
Industry,
Stock exchange,
Stocks,
US Economy,
US Stock Exchange,
US Stock Market,
Wall Street
