Ukrainian Globalist

Dow Jones Industrial Average has prevented all attempts to impose a bear trend. Dow index is at around 9,918.45 points, having won 174.83 points (1.79%) for the last day. DJIA rising steadily against the background of recent statements by Chinese officials and the successful closing of European stock exchanges. European stocks have grown up to the auction on Wednesday 7 July. Shares of banks were on the rise in anticipation of information on methods for stress tests. BP shares have risen in price thanks to speculation of a sale of the share of Arab investors. Pan-European Stoxx Europe 600 index rose by 1.3% to 246.06 points, Britain’s FTSE 100 – has increased by 1% to 5015 points, Germany’s DAX – on 0,8% to 5993 points, the French CAC-40 – for 1,7 % to 3483 points.

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After years of political uncertainty the Treaty of Lisbon signed by EU leaders in December 2007 is finally in force. The treaty is said to cut the number of national vetoes, mainly in the area of internal affairs and justice, and to increase powers of the European Court of Justice, MEPs and the Commission. It also creates the position of EU President and foreign minister. Herman Van Rompuy and Baroness Catherine Ashton who have been appointed to the posts joined other EU officials on celebrations in Lisbon.

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