ShareThis Markets Rally After £81bn Spain Bank Bailout 11 Jun 2012 Asian stocks and the euro rose sharply after Spain sought a lifeline for its ailing banks, easing fears that Europe’s debt crisis was about to spin out of control. The markets rallied after Spain asked finance ministers from the 17 euro-using countries to rescue […]
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By Shobhana Chandra, Bloomberg.com U.S. exports, a driver of expansion in the world’s largest economy, will grow next year even as a sovereign-debt crisis pushes Europe into recession. The euro area’s share of overseas sales for American-made goods has dwindled to 13 percent from 19 percent at the peak in the early 1990s, according to […]