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Berlusconi to Resign As Italy’s Prime Minister
By NICOLE WINFIELD and COLLEEN BARRY http://www.huffingtonpost.com/2011/11/08/silvio-berlusconi-reporte_n_1082304.html ROME — Premier Silvio Berlusconi says his decision to resign after parliament passes economic reforms is for the good of the country, and to settle financial…
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Berlusconi Plays Last Cards, Denies He Will Resign
By Paolo Biondi and Barry Moody http://www.reuters.com/article/2011/11/07/us-berlusconi-idUSTRE7A61GR20111107 (Reuters) – Italian Prime Minister Silvio Berlusconi, under huge pressure from international markets and rebels in his party, tried to play his last cards on Monday…
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Italy May Be the Next Greece
Italy government borrowing rates hit euro-era high BBC News, 7 November 2011 http://www.bbc.co.uk/news/business-15617132 The Italian government’s borrowing cost has risen as fears grow over political uncertainty in Rome. The yield on Italian 10-year…
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Greek Referendum Deepens Crisis; Angers Germans
By Dina Kyriakidou and Harry Papachristou ATHENS | Tue Nov 1, 2011 9:00am EDT http://www.reuters.com/article/2011/11/01/us-greece-referendum-idUSTRE79U5PQ20111101 (Reuters) – The leaders of France and Germany scrambled on Tuesday to limit damage after Prime Minister George Papandreou decided to let…
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Letter from Dr. Larson: Europe is in Financial Chaos
By Dr. Mike Larson Dear Janis, All hell broke loose in Europe this morning: European stocks plummeted. The euro plunged. Greek bond prices crashed again and gold rocketed higher. Meanwhile, Greek Prime Minister…