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IPFS News Link • General Opinion

ECB buys, Italy yields rise and is Tunisia another "Arab Spring" failure!

10-17-2011 • The Political Commentator

The Eurozone debt crisis takes a turn into dangerous territory while the "Arab Spring" in Tunisia heads in the direction thinking people knew that it would! Italy bond yields rise despite a new government and ECB buying! Italy has a new government, the ECB is buying its debt and 10-year Italy government bond yield still moved over 7%! With the amount of debt that country needs to refinance that yield is unsustainable! Mario Monti will outline today the austerity measures that will need to implemented in order to try and win back the confidence of the markets! Read the article "Italy's Monti to lay out reform plans ahead of the vote" here. The Sixth Righteous Caliphate in Tunisia...

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Reported By Michael Haltman

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