In international economic news, the unemployment rate in the eurozone has reached 10.8 percent — the highest it has been since the introduction of the single currency in 1999. Spain has the highest rate of 23.6 percent.
In economic news from Europe, about half of the homeowners in Ireland have joined a tax boycott called for by anti-austerity protesters. An estimated 800,000 homeowners refused to pay a new flat-rate $133 property tax by Saturday’s deadline.