Asia stock markets slump and oil rises on fears Iran war may drag on
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The conflict in the Middle East has rattled financial markets and global
energy prices have soared.
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Friday, October 28, 2011
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As Italy sinks deeper into the debt crisis, tensions in the government have grown sharply, prompting widespread speculation in the press and even Berlusconi's party that the government will fall, leading to an election in 2012, a year early.
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Berlusconi, whose ratings have been torpedoed by a mix of scandal and economic and political problems, rejected speculation that he might be forced into an early election.