Italian president tries to calm markets
World BusinessNov 10, 2011
ROME (AP) ― With markets tumbling around the globe, Italy’s president promised emphatically that Silvio Berlusconi will step down soon as premier and lavished honors on a leading economist, who instantly became Berlusconi’s presumed successor.Across the Ionian Sea, the debt crisis in Greece deepened Wednesday with the breakdown of talks aimed at creating a power-sharing government to prevent the country from slipping into bankruptcy. The collapse came just minutes after the prime minister delive