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European stock markets were volatile Monday despite the European Central Bank saying it intended to buy up government debt. European Commission spokesperson Ollie Bailly said Monday that the measures taken by the European Central Bank should calm inv
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Global financial markets continue to drop sharply in reaction to an unprecedented downgrade of the U.S. government's credit rating and lingering concerns about European debt problems and global economic growth. In early Asia trading Tuesday, Japan's
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Italy's Senate rushed to pass laws that clear the way for establishing a new government in a bid to restore confidence in Europes second-biggest debtor. The new administration may be led by former EU Competition Commissioner Mario Monti, - a man mark
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European markets reacted nonchalantly Monday after credit rating agency Standard Poor's downgraded nine countries, including France and Austria, late Friday. The widely followed agency also reduced the ratings of Italy, Spain and Portugal, as well as
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2012金融英语考试口语之国际货币制度1 The International Monetary Situation （1） 国际货币制度（一） Situation 4 情景 4 Mary Johnson ，an officer of the First National Bank， is discussingthe International Monetary System w
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Markets posted steady gains in Asia following an interest rate cut by the U.S. Federal Reserve Bank. Earlier this week most Asian stock exchanges plummeted on fears that the U.S. credit crisis is far from over. Investors are still fearful that the Fe
VOA双语新闻 2008年3月