Italy's cost of borrowing rises, Spain's decreases

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Source: Marketwatch

Italy's 10-year bond yield increased by 1 basis point to 6.72% while Spain's went down by 9 basis points to 6.35%, reported FactSet Research. France's cost of borrowing decreased by about 10 basis points to 3.53%.  Analysts also announced that ECB plans second round of purchases.

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Fri, 18 Nov 2011 14:54:59 GMT

US futures rise on the hopes of Europe resolving debt crisis

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%.

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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