Today: EUROZONE Debt Crisis News, Aug 04, 2011 (3)

Search

ALS, Alexander Language Schools Franchise


Aug 4, 2011

EUROZONE Debt Crisis News, Aug 04, 2011 (3)


Stocks Skid Amid Lack of Action From Leaders
New York Times
... LONDON — Stocks tumbled in Europe and on Wall Street on Thursday led by banks, while bond yields gyrated amid intensifying concerns about the weakening global growth outlook and the euro zone's ability to find a path out of its debt crisis. ...
See all stories on this topic »
Dennis Gartman: Insights on Gold, Euro Schisms, and a Rebound for ...
Benzinga
In a May 2011 interview, Gartman recommended gold in Euro terms as the hottest ... doubt seeking his next hedge against the Eurozone's systemic debt crisis, ...
EU Says Capacity to Solve Debt Crisis in Doubt - International ...
The European Union acknowledged on Wednesday that investors now doubt whether the euro zone can overcome its debt crisis and Italy's Silvio Berlusconi called for more ... EU Says Capacity to Solve Debt Crisis in Doubt. Latest News .... Who Watches The Watchmen (6:03 am); Forex Market Insight 08/04/2011 (6:00 am) ...
in.ibtimes.com/.../eu-says-capacity-to-solve-debt-crisis-in-dou...
Why Europe's debt crisis is still spreading
Christian Science Monitor
Investors are increasingly edgy over whether EU policymakers can agree on how to ease the debt crisis. President of the European Central Bank Jean-Claude Trichet listens to a journalist's question during a news conference after a council meeting in ...
See all stories on this topic »

Christian Science Monitor
Stock market falls: are the euro's days numbered?
The Guardian (blog)
The latest stock market falls appear to signal a new phase of the eurozone debt crisis. Is the currency doomed? Stock markets have fallen after the European commission president warned that the crisis in the eurozone was threatening to engulf Italy and ...
See all stories on this topic »

The Guardian (blog)
What does the eurozone deal really mean for Greece?
Kathimerini
“They do not have the potential to put an end to the debt crisis. Instead, the risk of contagion of other countries will increase. This is because the much too low haircut sends the message to the market participants that an even more significant ...
See all stories on this topic »
No headway in Italy-EU talks as debt crisis deepens
Oman Tribune
LUXEMBOURG/ ROME Italian Finance Minister Giulio Tremonti and euro zone chief Jean-Claude Juncker had little to offer after talks on Wednesday as Italy and Spain risk being swamped by theeuro zone debt crisis. Despite mounting pressure on debt bonds ...
See all stories on this topic »
Debt crisis: live
Telegraph.co.uk
Rolling coverage of the roller coaster in financial markets as the eurozone and US come under increasing pressure to deal with high levels of debt and stave off another recession. Barroso warned that the eurozone crisis is spreading. ...
See all stories on this topic »

Telegraph.co.uk
Eurozone debt crisis dips Statoil share value
The Foreigner
Eurozone debt crisis dips Statoil share value. As Europe's money markets crashed today even Norway's state-owned industries were not immune from the effects. As at 4.40pm UK time Statoil shares were trading at $22.47, compared to $23.93 this morning ...
See all stories on this topic »

The Foreigner
Calls Grow for Global Effort to Address Debt Crisis
Wall Street Journal
The US's dismal economic outlook and Europe's debt crisis—along with a string of disappointing economic reports around the world—are driving investors out of the dollar and euro and into the perceived safety of currencies like the Swiss franc and ...
See all stories on this topic »
Eurozone Facing "Organized Attack" As Yields Rise-Greek Fin Min
Wall Street Journal
Since early last year, Greece has been at the center of Europe's widening debt crisis, which has gradually spread to other peripheral economies--like Portugal and Ireland--and now appears to be threatening some of the currency bloc's bigger members as ...
See all stories on this topic »
Eurozone debt crisis: Spain auctions bonds
BBC News
... off up to 3.5bn euros ($5bn) of bonds on Thursday, as spiking interest rates on the national debt caused EU stocks to tumble. Prime Minister Jois Luis Rodriguez Zapatero cut short his holiday in the south of the country to discuss the crisis. ...
See all stories on this topic »

BBC News
Global share markets jittery over debt fears
Radio New Zealand
World stock markets fell sharply on Thursday as worries about a global slowdown and the euro zone debt crisis intensified. Share markets in Europe dropped for a second day as investors feared the euro zone debt crisis could spread to Italy and Spain. ...
See all stories on this topic »
Regulator asks UK banks to detail Belgium exposure -Lloyds
Reuters
The premium investors demand to hold 10-year Belgian debt over benchmark German Bunds rose to its highest since the launch of the euro earlier this week, as concern about the spreading euro zone debt crisis and a US slowdown spurred investors to switch ...
See all stories on this topic »
German shares slump wipes 100 bln euros off DAX
Reuters
That marks a new phase in a euro zone sovereign debt crisis that has already taken a heavy toll on Greek, Portuguese, Irish, Spanish, and Italian stocks but had, until recently, spared the equity market of Europe's biggest economy. ...
See all stories on this topic »
World markets tumble as Euro debt crisis intensifies
National Business Review
World sharemarkets have plunged on fresh fears the euro-zone debt zone crisis could intensify. On Wall Street, pushing both the Dow Jones Industrial Average and the Standard & Poor's 500 index have plunged into correction territory, ...
See all stories on this topic »
Investment professionals increasingly concerned about euro zone debt
Investment International
The figures illustrate a growing lack of confidence as 65% considered this a significant challenge in the last quarterly survey, and only 51% saw the Eurozone debt crisis as a major challenge at the start of the year. The prospect of a second banking ...
See all stories on this topic »
The wobbly West
Times of Oman
The eurozone sovereign-debt crisis appears to have been the worst-managed financial crisis since Argentina's default in 2001. The European Union and eurozone leaders have seriously discredited themselves. Europe requires institutional changes that are ...
See all stories on this topic »
Hitting pause on the eurozone crisis
Business Spectator
I discussed the mechanics of the European debt crisis with him over the past week. Sarrazin is most well known these days for his outspokenness, or indeed bluntness, on the failures of the welfare state and multiculturalism. ...
See all stories on this topic »
FTSE Loses £50bn Amid Eurozone Crisis
Sky News
Sky business reporter Tadhg Enright said investors are concerned about the dwindling global economic recovery: "We saw earlier this week crisis just barely averted when a looming default by the US government on its debt was averted. ...
See all stories on this topic »

Sky News
Rating the Ratings Firms: An 'I' for 'Ignore'
Wall Street Journal
"We have to ask ourselves serious questions about the role they are playing in the crisis hitting certain countries in the euro zone," Michel Barnier, the EU official overseeing an overhaul of financial regulation, told Reuters. As a result, the EU has ...
See all stories on this topic »
Futures Tumble Amid Euro Zone Jitters
CNBC.com
Futures briefly cut some of their earlier losses Thursday after investors cheered the weekly jobless claims numbers, but quickly plunged again, pressured by fears over the euro zone debt crisis and as the dollar surged against a basket of currencies. ...
See all stories on this topic »
Gold hovers below record high; SPDR holdings on rise
Reuters
SINGAPORE (Reuters) - Gold held steady below its record high on Thursday, supported by worries about the spreading euro zone debt crisis and slowing global growth, while holdings in the SPDR Gold Trust rose for a second consecutive session....
See all stories on this topic »

Reuters
EU president urges fast approval of Greek aid
Kathimerini
The head of the European Council, Herman Van Rompuy, called on Wednesday for eurozonemembers to speed up their approval of the latest support package for Greece amid growing concern that Spain and Italy will be engulfed by the debt crisis. ...
See all stories on this topic »
A look at economic developments around the globe
Forbes
European Commission President Jose Manuel Barroso urged eurozone leaders to make further changes to their bailout fund - including boosting its size - to ensure it can effectively stem the debt crisis that has rocked the currency union for 21 months. ...
See all stories on this topic »
Cyprus, France and the euro-zone crisis
The Economist
Bank of Cyprus, the country's largest lender and a crucial investor in government debt, warned this week that the sovereign faced an “imminent” bail-out. Help may yet come from outside the euro zone. Thanks to amenable bankers and double-taxation ...
See all stories on this topic »
Czech Central Bank May Keep Interest Rate at Record Low on Euro Debt Woes
Bloomberg
The euro area's debt crisis, which is threatening to spread to Italy, has reduced chances Czech policy makers will follow their counterparts across Europe in raising borrowing costs to curb inflation. Even with the Czech economy expanding faster than ...
See all stories on this topic »
Euro zone growth weakens as Germany, France ebb - PMI
Reuters UK
The data will provide little cheer for policymakers, coming as the 17-nation bloc struggles through adebt crisis that has so far engulfed Greece, Ireland and Portugal and shows little sign of waning. The Markit Eurozone Services Purchasing Managers' ...
See all stories on this topic »
Slovakia: August 2011
FXstreet.com
In response to the debt crisis, we slightly increased the end-2011 estimate of the Slovak bond yield. In the real economy, the downside risks for real GDP growth has increased due to both worse indicators from the Eurozone and sentiment in Slovakia. ...
See all stories on this topic »
Signs of Stress on the Rise Across Europe
Wall Street Journal
By DAVID ENRICH And CARRICK MOLLENKAMP The European sovereign-debt crisis placed new strains on the Continent's banks on Wednesday amid signs that some lenders are finding it harder and more expensive to fund themselves. ...
See all stories on this topic »
ECB might renew its Gov't Bond Buying program
FXstreet.com
€2.5-3.5B indicated range in 3.4% 2014 and 2015 Bonds - EU leaders feel the strain from the debt crisis. Dealers note that the defense of Spain and Italy will decide the Euro Zone's future - European shares were higher during Thursday's session ...
See all stories on this topic »
The EU vs. the credit rating agencies
Cause and Effect in European Politics and Economy
Against the background of their sluggishness in the midst of the financial crisis, the credit rating agencies stirred into action noticeably when the debt crisis shook theeuro area. Any attempt by the EU to show solidarity and to suggest confidence to ...
See all stories on this topic »

Cause and Effect in European Politics and Economy
Stock ETFs Down on Euro Jitters; Japan Intervenes to Halt Yen
ETF Trends
In Europe, the iShares MSCI Italy (NYSEArca: EWI) was set for a sharply lower open as a speech by Prime Minister Silvio Berlusconi failed to soothe markets. [Italy ETF Feeling Heat of Debt Crisis]
See all stories on this topic »
Eurozone bailout fund 'needs boost' - timesofmalta.com
By PA
Eurozone bailout fund 'needs boost'. The eurozone needs to make further changes to its bailout fund - including boosting its size - to ensure it can stop the debt crisis from drawing in big economies like Italy and Spain, a top European Union official said. ... However, the accord failed to stem rising panic on financial markets over the ability of Italy and Spain - the eurozone's third and fourth largest economies - to repay their debts. Although the yields, or interest ...
timesofmalta.com
Tremonti, Juncker held debt crisis talks | The Independent Daily
By Independent News Service
The talks followed a new day of drama on financial markets as Italy and Spain faced soaring borrowing costs that threaten to sweep the eurozone's third and fourth-biggest economies into a widening Greek-style debt crisis. ...
The Independent Daily
Euro markets steady ahead of Spain auction, ECB - MAARS News
By Valkyries
(Reuters) – Euro zone sovereign bond markets steadied Thursday ahead of a crucial European Central Bank policy-setting meeting that investors hope will signal a more aggressive approach to fighting the currency area's debt crisis. ... Yields of Italian and Spanish 10-year bonds fell in early trading before an auction in which Spain planned to sell up to 3.5 billion euros ($5 billion) of government paper after crisis telephone consultations with European Union authorities . ...
MAARS News
The debt crisis could delay a further rise in ECB rates ...
By B.B
debt crisis could delay a further rise in ECB rate. Photo of the News. Photo: Reuters. MADRID, Aug. 4 (EUROPA PRESS) –. The new surge in the crisis of sovereign debt in the euro zone, which has led to the Spanish risk premium to exceed ... Inversis responsible for managing Bank, Fernando Hernandez, emphasizes the importance of the meeting of the ECB Governing Council, held at a “delicate” in the markets with risk premiums on the periphery of the Eurozone new “shot” and ...
Economics Newspaper
The eurozone crisis requires a radical solution
By John Ellis
Follow us on Facebook and get updates from Politics posted directly to your news feed. Enter you email address and zip code to set up customized email alerts. ... Germany absorbs the deadbeats'debt, in exchange for first lien on all the assets across the eurozone (more or less). 3. The Geuro and the Euro. The Geuro is Germany and a handful of others who have their act together. The Euro is the deadbeats and the extend and pretenders. France, as one expert told us this ...
Politics
Guess what? The Finpocalypse is upon us. Now. | eats shoots 'n leaves
By richardbrenneman
The latest news from Europe is nothing less than catastrophic, and Wall Street has taken notice. The U.S. debt ceiling farce, the implementation of the Koch brothers mandate to destroy government, was merely the latest trigger, ... European Commission President Jose Manuel Barroso has warned that the sovereign debt crisis is spreading beyond the periphery of the eurozone. In a letter to European governments, he called on them to give their “full backing” to the euro ...
eats shoots 'n leaves
Gold hovers below record high; SPDR holdings ... - China Business News
By CBN
Gold held steady below its record high on Thursday, supported by worries about the spreading euro zone debt crisis and slowing global growth, while holdings in the SPDR Gold Trust rose for a second consecutive session. FUNDAMENTALS ... Growth in much of the world's service sector was anaemic in July as firms around the world worried about the debt crisis in Europe and the U.S. as a well as slowing consumer demand, business surveys showed on Wednesday. ...
China business news
EUROPE NEEDS A BAZOOKA | PRAGMATIC CAPITALISM
By Cullen Roche
Europe must stop the contagion. Although not entirely analogous to the American credit crisis (which was really a household debt crisis), the Euro crisis is similar. And I think it's going to require an equally large bazooka. ... “Stopping Europe's current crisis requires fundamental overhaul of theeurozone's institutions. But the most important part of that overhaul is to ensure that the ECB takes on full responsibility as a lender of last resort in the government bond ...
PRAGMATIC CAPITALISM
Debt crisis: live | www.bullfax.com - Market News and Analysis
By marketmaker
The eurozone's new year heralds a debt crisis that has alarm bells ringing and markets tracking government plans to tame the growing shortfall.Officials have borrowed heavily to pull the 16-nation zone out of its first recession, ...
Bullfax.com - Market News & Analysis
EU Urges Bailout Changes as Stocks, Euro Tumble | LoanSafe.org
By Alex Ferreras
Welcome to America's #1 Home Mortgage Blog. Get the latest home loan news from the most trusted online mortgage community on the internet - LoanSafe.org ... European Commission President Jose Manuel Barroso admitted as much, urging eurozone leaders to make further changes to their bailout fund – including boosting its size – to ensure it can effectively stem the debt crisisthat has rocked the currency union for 21 months. Barroso's appeal and the ECB's apparent ...
LoanSafe.org
NewsDaily: Spain passes tough debt test, but at a cost
By Nigel Davies
NewsDaily: Your best source for breaking news ... Spanish yields have soared to their highest level since the inception of the euro as a still-deepening debt crisis threatened to swallow the larger economies of Italy and Spain. ... He also said that Chinese accounts had been buying debt issued by the euro zone's highly-indebted periphery in recent weeks. The bond sales were the first since Prime Minister Jose Luis Rodriguez Zapatero called early elections last week, ...
NewsDaily: Top Headlines
Bangkok Post : Debt crisis hits heart of eurozone, ECB extends ...
The European Union said the debt crisis is now striking at the heart of the eurozone and ...Published: 5/08/2011 at 12:32 AM; Newspaper section: news. The logo of the European currencyEuro stands in front of the European Central Bank ...
www.bangkokpost.com/.../debt-crisis-hits-heart-of-eurozone-e...
Spain to offer bonds as ECB meets amid crisis | Reuters
Europe stocks sink on global growth, euro zone fears. 4:47pm BST ... Inside the News: Italian debt worries dominate market focus ... hoping the ECB will signal a more aggressive approach to fighting the euro zone's debt crisis. ...
uk.reuters.com/.../uk-eurozone-idUKTRE77129020110803
EUobserver / Barroso: EU moving too slow on debt crisis
The trusted source of EU related news and information. ... Barroso: EU moving too slow on debt crisis. Barroso (r) is 'deeply concerned' while ... signal of the euro area's resolve to address the sovereign debt crisis," he added. ... Eurozone leaders at a summit in July agreed to change the terms of the currency ...
euobserver.com/9/32680
EU President Warns Debt Crisis Is Spreading | Headlines | News ...
... Commission has warned that the eurozone debt crisis is spreading. ... He called for a re-assessment of all elements of the eurozone's current and future ...
www.jackradio.com/.../eu-president-warns-debt-crisis-is-sprea...
China voices confidence on euro zone debt as crisis ... - Yahoo! News
Read 'China voices confidence on euro zone debt as crisis spreads' on Yahoo! News. BEIJING (Reuters) - China's foreign minister on Wednesday expressed ...
news.yahoo.com/china-voices-confidence-euro-zone-debt-cris...
Eurozone debt crisis spreads to Italy and Spain - Newstalk 106-108 ...
Eurozone debt crisis spreads to Italy and Spain - Newstalk 106-108 fm ... Google News Business (Today) - ReutersEURO GOVT-Bunds rally on worries crisis will ...
thunderfeeds.com/.../eurozone-debt-crisis-spreads-to-italy-and...
CNC World - Eurozone debt crisis
The European Union says that investors now doubt whether the euro zone can overcome its debt crisis. Italian Prime Minister Silvio Berlusconi has called for ...
www.cncworld.tv/news/v.../17104_Eurozone_debt_crisis.shtm...
US debt, euro zone crisis hit European shares | Latest News Update
Fears of contagion in the euro zone debt crisis also hit share prices. Banks were the worst performers, with the STOXX Europe 600 Banks index down 2.2 ...
latestnews.gsmrise.com/.../us-debt-euro-zone-crisis-hit-europea...

No comments: