US futures rise on the hopes of Europe resolving debt crisis

Note: This section contains information in English only.
Source: Mrketwatch
© Scanpix/AFP
US stock futures rose on hopes that European leaders and ECB are planning to implement reforms to struggle with debt crisis and boost economic growth. ECB is going to buy bonds of peripheral countries. S&P 500 index increased by 0.3% and Dow Jones Industrial Average went up 0.2%.
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Fri, 18 Nov 2011 14:55:32 GMT

Hungary may need one more bailout

Hungary plans to sign agreement with IMF in the beginning of 2012, announced the Economy Ministry of the country. Hungary already received bailout package in 2008 but did not renew agreement in 2010. Hungary did not yet pass a formal request for bailout package, reported the EU. Situation in Hungary essentially deteriorated; its currency forint is the ever-low against euro and Hungary's cost of borrowing

Fri, 18 Nov 2011 15:34:36 GMT

Oil Spill near Rio de Janeiro coasts

Brazil is investigating oil spill in 120km from the coast of Rio de Janeiro state. The responsibility of the spill lies on the US company Chevron. About 600 barrels of oil shaped a slick on the water. Fortunately the spill moves away from Brazilian coast as more than 17 ships clearing up the spill. In case Chevron does not fulfill its obligations to clean

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