economy To faster change

Closed the stock indices of U.S. and European yesterday decline affected not to cause the U.S. economy any job in the last month in the data is the worst year ago, the Dow Jones industrial average of 2.2% and the S & P by 2.53% and the NASDAQ 2.58%.
In Europe, the FTSEurofirst index of leading European shares by 2.5% and Germany's Dax 3.4% and France's CAC with 3.6%.
The proportion of euro volatility of stock index by 10% to more than forty-point barrier, and this is the index of leading indicators to measure the size of the concern of investors in Europe, and demonstrates the high rate on a significant decline in investor appetite for riskier assets such as stocks.
Zoellick warns
In the same direction, warned the World Bank President Robert Zoellick today that the global economy is approaching the danger zone because of the huge debt and weak growth and weak investor confidence, calling for China to accelerate the implementation of structural economic reforms to help to pay the global economy.
Zoellick said at a conference in Beijing that the financial crisis in Europe turned into a sovereign debt crisis had an impact too on the monetary union, banks and the competitiveness of some countries, considering that Washington address the issues of debt and spending and reform tax to stimulate private sector growth.
Ireland and Italy
On the other hand, the IMF said yesterday that he would give Ireland a second batch of bailout package in the amount of $ 2.11 billion, adding that his decision came only after the committed Ireland Heavily debts to the implementation of the program of economic reforms aimed at reducing debt and strengthening its financial sector, and the Irish economy has shown signs its stability, the IMF said.
The European Central Bank President Jean-Claude Trichet said today achieve the goals set by Italy to reduce its budget deficit "will be crucial and vital to maintain Rome's credit worthiness," and that relate to international markets with confidence in its economy.
Trichet called the economic conference in northern Italy, Silvio Berlusconi's government to implement a package of austerity measures adopted by the last month and requires the provision of 45.5 billion euros (64.6 billion dollars).
On the other hand, the IMF said yesterday that he would give Ireland a second batch of bailout package in the amount of $ 2.11 billion, adding that his decision came only after the committed Ireland Heavily debts to the implementation of the program of economic reforms aimed at reducing debt and strengthening its financial sector, and the Irish economy has shown signs its stability, the IMF said.
The European Central Bank President Jean-Claude Trichet said today achieve the goals set by Italy to reduce its budget deficit "will be crucial and vital to maintain Rome's credit worthiness," and that relate to international markets with confidence in its economy.
Trichet called the economic conference in northern Italy, Silvio Berlusconi's government to implement a package of austerity measures adopted by the last month and requires the provision of 45.5 billion euros (64.6 billion dollars).