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371. Moody's Downgrades 15 International Banks
The rating agency Moody's late Thursday downgraded 15 large banks and securities firms with international reach, including Deutsche Bank, citing the escalating turmoil in capital markets.
372. Economic Outlook: Markets Ignore Money
Markets put out a resounding "huh?" as the Fed said it would swap proceeds from maturing, short-term bonds for six- to 30-year securities in what is known as an "operation twist."
373. Merkel and Opposition Agree to Spend Money on Growth
Chancellor Angela Merkel and opposition parties agreed on Thursday on measures to promote growth in the European Union, paving the way for Germany to ratify the eurozone's permanent bailout fund and fiscal discipline pact.
374. Obama Says He's Confident Europe Can Fix Its Debt Crisis
President Obama voiced confidence Tuesday in Europe's ability to tackle its crippling debt crisis as he sought to calm global financial markets and the election-year worries of voters at home.
375. 2008 Oil Prices Collapse May Be Repeated
World oil market can see a reiteration of 2008 oil prices collapse, Global Energy Studies Centre (CGES) believes.
376. What the Eurozone's Big Four Suggest To Beat the Crisis
Italian Prime Minister Mario Monti will on Friday host a four-way summit in Rome with German Chancellor Angela Merkel, French President Francois Hollande and Spanish Prime Minister Mariano Rajoy. Here is what each of them has proposed to solve the eurozone crisis ...
377. Pressure Eases on Spain, but Bailout Fears Persist
Market pressure on Spain eased slightly on Wednesday, but analysts saw a financial rescue as inevitable if the country's borrowing costs remained at current levels.
378. Germany's Central Bank Chief Rejects Common Euro Debt
The head of Germany's central bank on Wednesday rejected a watered-down European Union proposal for common eurozone bonds, saying such move would not restore confidence in the debt-laden bloc.
379. G7 Says Interests of All for Greece To Stay In Eurozone
The Group of Seven industrialized nations (G7) said on Sunday that they look forward to working with new Greek government and reaffirmed their position that Greece should remain in the euro zone.
380. Europe vs. World as Fears of Contagion Spread
European leaders at the Group of 20 summit in Mexico are feeling the pressure as the U.S. and developing countries join in pushing for a resolution to the eurozone's economic crisis amid fears for the global economy.
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