Youre watching worldwide exchange, bringing you Business News from around the globe. As we get into the trading session here in europe, you can see behind me decliners outpacing advancers by about a 41 ratio, with stocks shedding about a third of a percent. Well get to more of that shortly. First take a look at the forces individually to get a sense of where were seeing the selling pressure and it is pretty much consistent. Theres the ibex 35 down. 7 of a percent. The ftse down about a third of a percent. Not many green spots to find. Yesterday we saw that rally in peripheral debt. Today were actually seeing firmer prices across the board, so whether the u. S. Down there or italy and spain here in the periphery, 4. 7 , 6 , remarkable there, level for spain even today as the countrys banks are being more fully examined in light of the National Examination plans. The dollar yen pulling back about half a percent to 8167. Lets get to Deirdre Bolton from singapore. Hi, deirdre. Hi, kelly, h
Argentina s Senate Thursday agreed on a substantial wage increase for the Upper House which stirred controversies as the country grapples to make ends meet. The decision was reached after zero debate and Senators were also asked to raise their hands if they validated the motion. Many then insisted on social media that they were not among the ones approving the scandalous hike.
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