NEW YORK
Meanwhile, the dollar fell to its lowest point against the yen for Japan since World War II. The Yen has increased 6.5 percent this year against the US currency despite Japan
European Finance Ministers are meeting this weekend to figure out how to add more firepower to the bailout Fund, and is scheduled to meet next week to come up with a solution.
But reports of discord between France and Germany over the terms of the plans have spooked investors. The two countries agree on the size of the losses that private banks should take on Greece debt that they own, among other issues. Fears that Greece would default, caused a disaster in other countries using the euro, weighed on the market this year. The Finance Ministers on Friday agreed to release the next batch of bailout loans to Greece by 2010. Without them, Greece will fail on the debt.
The lack of consensus between the European Union