4 August 2011 Updated at 12:30 ET
Global stock markets slump on eurozone debt fears
Weak unemployment benefit data did nothing to lighten the mood of US traders
Global EconomyECB to offer more loans to banks
Spain pays more to borrow money
Japan steps in to weaken currency
UK interest rates remain at 0.5%
Global shares have dropped sharply for the second day as fears about the eurozone debt crisis intensified.
link-
http://www.bbc.co.uk/news/business-14410184