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Italian Parliament Elections in Stalemate
News of Italy's undecided parliament elections sent shivers through the financial world Tuesday on fears of a resurgent euro zone debt crisis. As Asia woke up to the news, the Nikkei, the Kospi and the Taiex all opened down on news of the political gridlock in Italy. The election was supposed to put into place a government strong enough to implement effective reforms. But neither the centre-left nor the centre-right parties have enough votes to claim a clear victory.
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