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A look at economic developments around the globe... - Double Deep Pallet Racking by akjxue@sina.com akjxue
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A look at economic developments around the globe... - Double Deep Pallet Racking |
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Business,Business News,Business Opportunities
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A look at economic developments and activity in major stock marketsaround the world Monday: ___ MADRID – Euphoria over a lifeline of up to (EURO)100 billion($125 billion) to rescue Spain's troubled banks morphed into afinancial markets rout in a matter of hours, as investors digestedthe still-undefined plan and became concerned the country may beunable to repay the new loans. ___ MILAN – Official statistics confirm that Italy's economycontracted by a quarterly rate of 0.8 percent in the first threemonths of the year, the worst contraction in three years. ___ LONDON – A global market rally over a promised Europeanbailout of Spanish banks faded as investors worried the countrymight have trouble paying the money back. Madrid's Ibex stock index closed down 0.5 percent. France's CAC-40ended the day down 0.3 percent and the FTSE index of leadingBritish shares fell 0.1 percent. The DAX in Germany eked out a 0.2percent gain. ___ TOKYO – In Asia, Japan's Nikkei 225 index climbed 2 percent.South Korea's Kospi added 1.7 percent and Hong Kong's Hang Sengrose by 2.4 percent. Benchmarks in Singapore, Taiwan, mainlandChina, Indonesia and New Zealand also rose. ___ FRANKFURT, Germany – Germany has borrowed again atrock-bottom interest rates. The government auctioned (EURO)4billion ($4.99 billion) in six-month treasury bills at an averageannual interest rate of only 0.007 percent. ___ LONDON – Britain's Treasury chief has warned that uncertaintyover the future of Europe's single currency is threatening to keephis country from returning to economic growth. ___.A look at economic developments around the globe... - Double Deep Pallet RackingA look at economic developments around the globe... - Double Deep Pallet RackingA look at economic developments around the globe... - Double Deep Pallet RackingA look at economic developments around the globe... - Double Deep Pallet RackingA look at economic developments around the globe... - Double Deep Pallet Racking The e-commerce company in China offers quality products such as Double Deep Pallet Racking , China Automatic Racking System, and more. For more , please visit Selective Pallet Racking System today!
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