the european central bank has said it will buy eurozone bonds, following emergency talks on the debt crisis.
the bank did not say which bonds it would buy but analysts expect them to be from italy and s
finance chiefs from major powers are to hold emergency talks by telephone to discuss ways to contain the latest turmoil on world financial markets, reports say.
twin debt crises in the eurozone and the
the japanese government and central bank have intervened to weaken the yen to protect economic growth.
japan sold yen on the markets, weakening the currency so that the dollar was worth more than 79 yen
debt-laden italy is likely to default, but spain might just avoid it, according to the british think tank, the centre for economics and business research.
with the countries weighed down by debt, the th
a majority of economists polled by the bbc expect interest rates to remain unchanged until next year.
of the 32 forecasters, who are also regularly polled by the treasury, 26 predicted that rates would
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