camilaenconcierto.com

Entries Tagged ‘austerity measures’

Oil hovers near $99 amid Europe debt optimism (AP)

SINGAPORE ? Oil prices hovered near $99 a barrel Monday in Asia amid optimism new leaders in Greece and Italy will help Europe at least temporarily contain its debt crisis. Benchmark crude for December delivery was up 14 cents at $99.13 a barrel in electronic trading on the New York Mercantile Exchange. The contract rose [...]

Italy Senate approves budget as Berlusconi era draws to an end (Reuters)

ROME (Reuters) ? Italy’s Senate approved economic reforms intended to reverse a collapse of market confidence on Friday, kicking off a rapid transition that will end the Berlusconi era and clear the way for an emergency government within days. The package of austerity measures demanded by the European Union will now go to the lower [...]