The EU has finally bailed itself out — this time with the help of the IMF and, indirectly, the American taxpayer. European countries have injected almost a billion euros into the banking system to end the debt crisis and revive the stock markets of the West. Their efforts have shown results: all stock markets have risen, with Spain seeing the greatest increase, more than 14%.
In other news, a controversy has arisen in Australia over a reality television program in which several young people will auction their virginity to the highest bidder.
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