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Vote Pushes Italian PM Toward Resignation Italy, the world's seventh largest economy, is emerging as a new threat to the stability of the 17-country single currency zone. On Tuesday, Italian President Giorgio Napolitano announced that Prime Minister
Congress Faces Scramble to Raise Debt Ceiling 国会面临提高债务上限的争夺 WASHINGTON The coming week will see a return to fiscal drama in the U.S. Capitol with lawmakers scrambling to raise the federal borrowing limit before they adjourn
WASHINGTON, Feb. 19 (Xinhua) -- Back from his weekend Florida golf getaway, U.S. President Barack Obama on Tuesday sounded an alarm on harms to be caused by the looming government spending cuts, but offered no concrete and long-term plan to put U.S.
Italy, the world's seventh largest economy, is emerging as a new threat to the stability of the 17-country single currency zone. On Tuesday, Italian President Giorgio Napolitano announced that Prime Minister Silvio Berlusconi would resign, following
President Barack Obama goes to the G20 economic summit in France this week with hopes of helping Europe move toward a long-term solution for its debt crisis. The president is also trying to convince the other G20 countries that Americas economic and