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saying that under Obama's leadership, the jobless rate among Hispanics had dipped almost 2 percentage points in <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>michael kors shoes</em></a> the last 27 months."Hispanics stand to lose the most from Romney's insistence on the same failed economic policies that created the economic crisis," Obama's campaign said in a statement.

During his <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>michael kors shoes</em></a> campaign swing Romney made one of his first lengthy references to Obama's predecessor, Texas Republican George W. Bush, who appeared with Obama at the White House last week for the <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>discount michael kors</em></a> unveiling of his presidential portrait.Bush has said he backs Romney but, unlike his father, former President George H.W. Bush, he has not formally endorsed Romney because he wants to stay <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>michael kors handbags</em></a> out of election-year politics.

Obama has blamed Bush for leaving him with an economic crisis and cites a severe recession as the main reason why job growth has been slow."George W. <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>michael kors bags</em></a> Bush was at the White House for the unveiling of his painting last week. He's always an easy target, and so he's blamed, although after three and a half years, <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>michael kors bags</em></a> people have figured out this is Obama's economy, not George Bush's economy," Romney said.

Finance ministers from the Group of Seven major economies discussed progress towards financial and fiscal union in <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>michael kors outlet</em></a> Europe in an emergency call on Tuesday and agreed to work together to deal with the problems in Spain and Greece, but took no joint action.Spain sent a distress signal <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>michael kors handbags</em></a> about the impact of the country's banking crisis on government borrowing, saying Madrid was losing access to credit markets at current rates and urged Europe to help revive its troubled <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>michael kors handbags</em></a> banks.

However, sources told Reuters that no decisions can be made on how to help Madrid recapitalize its banks until the first phase of an independent banking audit is completed this <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>michael kors bags</em></a> month.MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.2 percent and Japan's Nikkei average .N225 opened up 0.6 percent, helped by Tuesday's data showing the U.S. services <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>michael kors shoes</em></a> sector improved in May. .T

European shares managed to eke out gains on Tuesday on hopes of global central bank policy action to revive the economic recovery, but prospects were less <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>michael kors bags</em></a> than certain.The European Central Bank (ECB) holds its monthly rate-setting meeting later on Wednesday, and U.S. Federal Reserve Chairman Ben Bernanke will testify before a congressional panel on Thursday.

"Bleak as <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>michael kors handbags</em></a> the euro area outlook is, it could easily get worse after the Greek election on 17 June and there may be an argument for the ECB keeping its powder dry," <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>michael kors shoes</em></a> said James Nixon, chief European economist at Societe Generale."More substantively, we believe the ECB is increasingly concerned by the moral hazard actions. Each time it intervenes it merely eases the <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>discount michael kors</em></a> pressure on Europe's political leaders," he said.James Bullard, president of the St. Louis Federal Reserve Bank, and Dallas Fed President Richard Fisher on Tuesday suggested the U.S. central bank was <a href=" http://www.cheapmichaelkorshandbags.org/"><em><strong>michael kors handbags</em></a> not preparing to ease monetary policy at a meeting later this month, saying the economic outlook had not deteriorated to the point where action was warranted.