U.S. dollar banknotes blur as the U.S. debt ceiling rises and its credit worthiness is cut sending world stocks tumbling towards 11-month lows on Monday, overshadowing relief that the European Central Bank was buying bonds of strugglers Italy and Spain (Xinhuanet.com/Reuters).
WASHINGTON, D.C. (Xinhua) - Obama on Monday called leaders of Spain and Italy over the euro zone debt crisis and the riotous situation in Syria, the White House said. More
(thismodernworld.com)