A. Merkel and M. Monti will do everything to save Eurozone

Note: This section contains information in English only.
Source: Bloomberg
German Chancellor Angela Merkel and Italian Prime Minister Mario Monti assured that both countries will do whatever is necessary to protect Eurozone. After a phone conversation, leaders agreed that conclusions made at the EU's summit last month have to be implemented "as quickly as possible".   
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Mon, 30 Jul 2012 06:46:48 GMT

Oil lifits amid stimulus expectations

Oil futures climbed to the week high in New York upon belief that U.S. and European authorities will boost economic growth and worries about Middle East unrest spreading and slowing down the supply. On Monday, September delivery oil rose 0.9% to $90.95 per barrel, overall advancing to the first monthly increase in three months.

Mon, 30 Jul 2012 06:58:47 GMT

Japan's industrial output declines

Japan's industrial output unexpectedly fell, while confidence of South Korean manufacturers declined to a 3-year low, indicating further implementation of fiscal and monetary measures. Production declined by 0.1% in June from the previous month, when it fell 3.4%, said Japan's Trade Ministry. According to the South Korean central bank, the confidence index decreased to 70 for August from 81 for

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