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Fear of Contagion Rocks Markets
New York Times Europe's efforts to stem financial contagion foundered on Wednesday as investors dumped their holdings of Italian government bonds, prompting a global stock market sell-off. Investors drove up the cost of borrowing for Italy beyond 7 percent, … Europe Fiddled With Greece While Rome Burned Dow sinks 389 as Europe uncertainty deepens European Shares Slide On Mounting Worries Over Italy |