Trun powercy measures were taken.New governments came into power in Italy and Spain.The European Union adapted a tough fisical pack and the European central bank injected baddly needed liquidity.Things have quite down since,but uneasy calm remains.One has the feeling that at any moment things quite well get very bad again.The IMF chief economist says.

 

Let's go to the market.The DOW JOWES ended the scession nearly 200 points higher.The NASDAQ rose 54.The S&P500 also net ground.And in London,the FTSE gained more than 100.

 

Checking  commodity prices.West Taxis crude is trading at $104 a barrel.Tapis crude is $124 a barrel and gold is $1650 an ounce.The Australian dollar is buying almost $1.04,79 Euro cents and 65 pence sterling.