Stock Markets Fall Around the World in Great Uncertainty
STOCK MARKETS FALL AROUND WORLD 24/JUN/2011 The Dow Jones lost almost 1% over fears for Italian banks and the European crisis of debt. The Milan and Madrid stock fall 1.6 and 1.3%. Dips slightly in other places in Europe, except London you go. USA - The U.S. economy grew at an annual rate of 1.9% between January and March, one tenth more than initially estimated, but much less than in the last quarter of 2010. USA - Orders for U.S. durable goods rebound 1.9% in May after falling 2.7% in April. DEFICIT - The U.S. is the OECD country that more fiscal adjustment should be done to stabilize its debt in 60% of GDP in the horizon of 2026, followed by Ireland, Greece and the UK. USA - Obama will meet on Monday with Senate leaders to try to relaunch negotiations on the deficit after the collapse of talks on the debt on Thursday. OIL - Close unequal crude futures: Brent yields 1.9% and closed at $ 105.12, and Texas up 0.15% to 91.16. GREECE - The s...