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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Monday, October 31, 2011
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If the rich members of the zone are wary of committing their own money to support the euro, why should they expect private investors to do so? The debt burden of Greece, Italy and other euro zone countries is so huge, and the economic weaknesses of these nations so daunting, that it is simply impossible to address the problems in any reasonable period of time.
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