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231. Spain Expected to Seek Full Bailout Within Weeks

Facing a large mount of bond rollovers and ever-increasing pressure from European leaders, Spain is expected to seek a full bailout in the next few weeks. The ECB unveiled earlier this month that it could potentially buy an unlimited amount of eurozone sovereign debt with maturities of between one and three years, using its newly-deployed Outright Markets Transactions (OMT).

232. Lehman Brothers Shockwaves Still Being Felt, Four Years On

Four years ago today, Lehman Brothers -- a Wall Street investment bank that few people in the UK knew very much about -- collapsed. The shockwaves are still reverberating through the global financial system.

233. Eurozone Finance Ministers Optimistic about New Greece Deal

Eurozone finance ministers seemed to have prepared the way for a new deal with Greece as they praised Athens for progress in implementing the terms of its bailout agreement at an informal meeting in Cyprus on Friday.

234. Gas Price Hikes to Slow as Summer Ends: AAA

The national average price for a gallon of regular gasoline jumped 5 cents in the past week to $3.87 per gallon Friday, AAA Mid-Atlantic said, but costs should come down as demand drops and cheaper winter blends hit the pumps.

235. Merkel Warns Against Haste in Creating Bank Supervisory Body

German Chancellor Angela Merkel warned Monday against any hasty steps in setting up Europe's new bank supervisory body.

236. A Breather in Eurozone Crisis

The sense of urgency among European finance leaders concerning the debt crisis looming over several countries appears to have eased, key leaders suggested.

237. Spanish Parliament Approves Creation of 'Bad Bank'

Spain's parliament on Thursday approved the creation of a "bad bank" that would hold toxic real estate assets in a bid to secure up to $130 billion (100 billion euros) in eurozone aid for the country's ailing lenders.

238. Tough Decisions Still Lie Ahead for Crisis-hit Eurozone

Europe might have taken a major step over the last week towards forging a comprehensive anti-crisis framework for dealing with the debt-hit eurozone. But a slew of tough decisions on holding the 17-member currency bloc together still looms.

239. US Markets Post Modest Gains

U.S. stock indexes rose Wednesday after the Labor Department said import prices rose for the first month since March.

240. Crude Prices Predicted to Hold Above $100

An energy consultant told attendees at a Singapore conference Wednesday that world crude oil prices would likely hover above $100 per barrel into next year.

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