U.S.STOCKS DECLINE SHARPLY; EU DEBT WEIGHS
U.S. stocks slide as worries mount over Europe's ability to ease its
debt burdens and investors seek safer assets.
THE SECOND DEBT STORM HITS NATIONS
The financial crisis never really went away. The debt mountain that
brought down some of the world's biggest banks and dragged the
international financial system to the brink of disaster has simply
shifted to governments.
NEGATIVE CORE INFLATION IN SPAIN ADDS TO PRESSURE
Negative turn in core inflation for Spain spooks markets there.
Headline inflation, which includes food and energy prices, rises.
NOW IT'S PORTUGAL'S TURN FOR AUSTERITY MEASURES
Following on Spain's heels, the government in Portugal reportedly
reaches agreement on austerity steps aimed at slicing 2 billion euros
off the nation's 2010 budget deficit.
EUROPE AID PACKAGE BOOSTS BONDS, NOT EURO
Efforts by the European Union to put a halt to a financial market
crisis stop a steep drop in government bond prices, but do little to
shore up the value of the euro.
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