Europe’s financial crisis deepened and enveloped Spain, raising pressure on German Chancellor Angela Merkel at a meeting of world leaders to shift her stance on shielding the global economy.
The Group of 20 leaders are meet for a two-day summit in Mexico today as Spanish borrowing costs soared to a euro-era record.
With elections in Greece failing to damp the threat of contagion, policy makers are deliberating ways to stimulate the world economy if...
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