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Government’s moves may pave the way for ECB purchases of Italian bonds.
Cloud services push leads software giant to accept local payment types in Brazil for the first time.
Financial and political stability keep Brazil attractive despite hurdles. (David Backus, NYU Stern School of Business)
Sell-off reflects concern IPO door is slamming shut.
Treasuries back to yields last seen in '50s amid slowing growth.
Spanish, Italian bonds rally on speculation that policy makers will act.
