Oil rises, eurozone spending falls

By scott miller

The globe’s financial leaders gathered in Washington D.C. last week for the conclaves hosted by the World Bank and the International Monetary Fund (IMF). While they were meeting on Friday, stock markets at home and abroad were battered because of the continued economic malaise and rising anxiety, yet again, over the possibility that Greece might exit the eurozone. It didn’t help when the Bloomberg network went offline Friday morning (before U.S. markets opened) and Chinese officials tightened trading regulations, precipitating fears of a slowdown in what has been one of the world’s hottest stock markets. Leading up to Friday, U.S. …

Source:: Vail Daily Feed