Watering euro crisis

Petar Pismestrovic 08 July 2012 06:20:00 | 85 Views | 0 Comments
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Stocks on major exchanges fell on Friday and the euro hit 5-week lows after U.S. jobs data for June came in weaker than expected, fueling concerns that Europe's debt crisis is deepening a slowdown in the U.S. economy.  China has expressed it's tendency to aid eurozone and offered $43 billion (27.4 billion pounds) to the IMF's crisis-fighting reserves, rounding off a global push to nearly double the Fund's war chest to $456 billion to help protect countries from fallout from the euro zone debt crisis.

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