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121. Eurozone Economic Sentiment Dropped Further in July
Economic sentiment in the crisis-stricken eurozone registered another fall in July -- the fourth-consecutive drop since March -- the European Commission said Monday.
122. Geithner to Meet with German, European Central Bank Finance Heads
US Treasury Secretary Timothy Geithner is to meet Monday with German Finance Minister Wolfgang Schaeuble and European Central Bank President Mario Draghi.
123. Wall Street Surges Over Euro Pledge
Stocks soared on Wall Street Thursday after European Central Bank chief Mario Draghi vowed to do "whatever it takes" to prevent the crisis-hit eurozone from breaking up.
124. ECB Chief Draghi to Do All Is Needed to Save the Euro
European Central Bank chief Mario Draghi pledged Thursday to do all that is needed to save the euro, as Italy faced a renewed rise in borrowing costs.
125. British Economy in Recession
The British economy is mired in a deep double-dip recession after figures published Wednesday showed a sharp decline of economic growth of 0.7 per cent in the second quarter of this year, the government conceded.
126. Eurozone Woes a 'Key Risk' to China's Economic Outlook
The slowing Chinese economy looks headed for a "soft landing" but could face turbulence from the crisis-plagued eurozone, the International Monetary Fund said Wednesday.
127. Moody's Lowers Outlook for Eurozone Bailout Fund
The rating agency Moody's announced Wednesday that it was putting a negative outlook on the European Union's main
128. Amid Turmoil, Germany and Spain Criticize Soaring Bond Yields
Senior ministers from Germany and Spain together criticized the soaring yields on Spanish government bonds, saying Tuesday that the interest rates demanded by financial markets did not match Spain's economic fundamentals.
129. UPS Cuts Profit Forecast, Citing Global Uncertainty
UPS, the world's largest package delivery company, on Tuesday cut its profit expectations for 2012, citing the eurozone financial crisis, economic uncertainty in the United States, and lower exports from Asia.
130. Spain's Debt Worries Increase as Recession Deepens
Europe is on the brink again. The region's debt crisis flared on Monday as fears intensified that Spain would be next in line for a government bailout.
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