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.
1 hour ago
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Berlusconi, said he would personally favour early elections after his resignation, although a decision would depend on President Giorgio Napolitano.
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"This parliament is paralysed. With the defection of seven members of our majority concretised today, the government no longer has a majority," he said.