Investors fret that Ireland's banks might need yet more support if a weak economy spurs a wave of further defaults on property loans.As bad as things are, Ireland is not on the brink of default.
The euro rose above $1.50 on the news and the weak dollar spurred a rally in commodity prices that lifted shares of resource firms.
Taken together, there was potential for addressing two big sources of voter discontent: the budget deficit (by bringing in more revenue) and the weak economy (by spurring growth).
Meanwhile, a scientific consensus that mankind is to blame for global warming has grown, putting pressure on governments - many of which have been focused on spurring weak economies rather than fighting climate change - to commit to ambitious emissions cuts.
Now the move in Detroit — made possible, lawyers said, because Michigan's constitutional protections are weaker — could spur other places to try to follow suit.
A comment on Wednesday by Mr. Hayami, which some analysts interpreted as a demand for a weaker yen, spurred speculation today that the Finance Ministry would order the bank to intervene to drive the currency lower.
Many tech and non-tech firms in recent weeks have warned of weaker second-quarter results, spurring profit taking across the market.
One recent blunder was his comment that the Cambodia prime minister, Hun Sen, was "weaker than a woman," spurring a frenzy of backtracking, not least from his colleague, the famous women's-rights activist Mu Sochua.
The combination of strong establishment support and a potentially weak candidate has spurred comparisons with two past Democratic gubernatorial debacles.
And while a weak euro could spur exports and, in turn, European stocks, its continued decline will eat away quickly at American investors' gains.
