Today: EUROZONE Crisis News, Oct 14, 2011

Search

ALS, Alexander Language Schools Franchise


Oct 14, 2011

EUROZONE Crisis News, Oct 14, 2011

G20 strains cast shadow over meeting
Financial Times
Discord over the eurozone crisis, currencies and global economic governance threatens to overshadow the Group of 20 finance ministers meeting in Paris on Friday and Saturday, leaving officials little time to broker deals before the Cannes summit next...
See all stories on this topic »
Boost for eurozone fund, but Spain downgraded
Economic Times
BRUSSELS: Slovakia has ratified the eurozone bailout fund, removing the final hurdle to boosting eurozone defences against the debt crisis, as a new ratings downgrade for Spain underlined the need for action. The Slovak parliamentary vote Thursday to ...
See all stories on this topic »
Eurozone Inflation Surges, Trade Deficit Narrows
RTT News
(RTTNews) - Eurozone inflation surged to a 35-month high in September on higher energy prices adding to the dilemma of the central bank amid slowing recovery. But inflation would possibly head downwards going forward with weak economic activity ...
See all stories on this topic »

RTT News
Eurozone debt crisis: Greece's wild card
BBC News
In the days ahead there will be much negotiating over how to save theeurozone but the Greek people - not just public sector unions - may simply upset the plan. Anti - austerity protesters in Athens , 13 October.
See all stories on this topic »

BBC News
Eurozone: Brics back to the rescue?
Financial Times (blog)
So the Brics may be riding to the rescue of the eurozone after all. But not through the high-profile exclusive mission they briefly discussed last month but through the more inclusive – and convoluted – mechanisms of the International Monetary Fund. ...
See all stories on this topic »

Financial Times (blog)
Backpackers' guide to the eurozone crisis: Frankfurt
BBC News
Arriving in Frankfurt, it is immediately obvious why this city has been dubbed 'Mainhattan,' with a nod both to New York and the name of the river that flows through the eurozone's financial capital. The skyscrapers disappear into the autumn mist. ...
See all stories on this topic »

BBC News
Trichet Urges Eurozone Leaders To Resolve Crisis
RTT News
(RTTNews) - Eurozone leaders must resolve the crisis in Europe and take concrete steps to restore confidence, the outgoing President of the European Central Bank, Jean-Claude Trichet, said as the policymakers prepare for the crucial October 23 summit. ...
See all stories on this topic »
Eurozone trade deficit narrows in August
AFP
BRUSSELS — The eurozone recorded an external trade deficit of 3.4 billion euros ($4.7 billion) in August, an improvement from the same month last year, official figures showed on Friday. The 17-nation single currency area had posted a deficit of 6.3 ...
See all stories on this topic »

AFP
Spain downgrade flags 'danger' of eurozone debt crisis
Telegraph.co.uk
The likes of S&P and Moody are working overtime at the moment downgrading bank after bank and European country after European country which reminds us of the dangerous situation that the eurozone is in. However, as mentioned, the overriding theme that ...
See all stories on this topic »

Telegraph.co.uk
Eurozone's rescue fund goes through
Times of Malta
The Eurozone's €440 billion rescue fund is now fully operational, boosting the financial markets' confid-ence in the future of the euro as Slovakia, which originally botched the deal last Tuesday, yesterday ratified the fund in a second vote by its ...
See all stories on this topic »
South African official says nation can't bail out Eurozone
Los Angeles Times
REPORTING FROM JOHANNESBURG, SOUTH AFRICA -- It would have sent a neat message to the world: an African country helping to bail out the Eurozone from its debt crisis, in a stunning reversal of the stereotype of the cap-in-hand continent. ...
See all stories on this topic »
OECD: Eurozone action 'better late than never'
BBC News
... where the topics of a Greek debt, bank recapitalisation and a more effective European bail-out fund are expected to top the agenda. Angel Gurria, the secretary-general of the OECD analyses whether a solution to the eurozone crisis is close. ...
See all stories on this topic »
What the eurozone crisis might mean for emerging markets
Financial Times (blog)
The latest big idea to staunch the eurozone crisis is to use a leveraged rescue fund – where leverage is the magic ingredient. The problem with the European Financial Stabilization Fund is that it currently counts on just €440bn – perhaps enough to ...
See all stories on this topic »
UK exports surge despite the eurozone crisis
The Guardian
The data contrasts with business surveys suggesting export orders have been softening as key trading partners in the eurozone grapple with the sovereign debt crisis and stalling growth. Economists cautioned against reading too much into one month of ...
See all stories on this topic »

The Guardian
Eurozone under pressure to find solution to the debt crisis
Deutsche Welle
Whatever master plan the leaders come up with will be difficult to realize: ever since the finance and debt crisis took hold of Europe, there have been leadership changes in seven of the 17 eurozone countries. Elections are coming up in three more ...
See all stories on this topic »
Dollar higher on Slovakian approval of enlarged bailout fund
The Australian
THE Australian dollar was trading slightly higher this morning as the market awaits any further news on the eurozone debt crisis and after Slovakia endorsed the eurozone'samended rescue fund. At 07:00 AEDT this morning, the Australian dollar was ...
See all stories on this topic »
Slovakia as last eurozone country approves bolstering EFSF
Xinhua
It is the last country in the eurozone to ratify the rescue fund expansion. The result of the parliamentary vote was expected as an agreement had been reached before hands between the three governing pro-EFSF parties (SDKU-DS, KDH and Most-Hid) and the...
See all stories on this topic »
A standby program for the eurozone
CNN (blog)
By Raghuram Rajan, Project Syndicate How will the eurozone crisis play out in the next few weeks? With luck, Italy may soon get a credible government of national unity, Spain will obtain a new government in November with a mandate for change, ...
See all stories on this topic »
Azumi hails Slovakia's approval for eurozone bailout fund expansion
Mainichi Daily News
TOKYO (Kyodo) -- Japanese Finance Minister Jun Azumi on Friday welcomed Slovakia's approval of the expansion of the eurozone's bailout fund to address the debt crisis in the region, calling it "major progress." "I think it was a tough decision for ...
See all stories on this topic »
The Eurozone Lights a Fire Under Gold and Silver
International Business Times
Dexia's agreement to nationalize its Belgian banking division and receive state guarantees paves the way for other eurozone governments to provide rescue packages to strengthen banking sectors. “Dexia is not an isolated problem,” said Cor Kluis, ...
See all stories on this topic »
LPG price review in Eurozone
Middle East North Africa Financial Network
Oct 14, 2011 (Trend News Agency - McClatchy-Tribune Information Services via COMTEX) -- Over the past week (Oct. 3-10), the average consumer price (including taxes) for LPG in 18 Eurozone countries amounted 698 euro per 1000 liters decreasing by 1 euro ...
See all stories on this topic »
Crude oil prices rebound ahead of G20 talks
AFP
European equities and the euro also rose as investors awaited a crucial weekend meeting of G20 finance ministers in Paris, where they will focus on resolving the eurozone's sovereign debt crisis. In late morning deals, Brent North Sea crude for ...
See all stories on this topic »

AFP
JP Morgan profits hit by eurozone
BBC News
Profits at JP Morgan Chase have fallen 4% as the continuing debt crisis in the eurozone hit its investment banking arm. The US bank made a net profit of $4.3bn (£2.7bn) in the three months to the end of September, compared with $4.4bn a year earlier. ...
See all stories on this topic »

BBC News
Banks should be forced to recapitalise if necessary: Jean-Claude Juncker ...
Economic Times
FRANKFURT: European banks in need of recapitalisation may have to be forced to do so, Luxembourg prime minister and chief of the eurozone finance ministers Jean-Claude Juncker said in a radio interview on Friday. "European banks - not all, ...
See all stories on this topic »
Korean banks face funding challenges due to eurozone debt crisis – RBS
Risk.net
Despite most Asian banks remaining insulated from the eurozone debt crisis, Korean banks are at greatest risk due to their reliance on high levels of external borrowing. Meanwhile, the growth of the renminbi presents a liquidity challenge for Hong Kong ...
See all stories on this topic »

Risk.net
Why selling 10000 tons of Eurozone gold a bad idea
Commodity Online
The Euro zone, including ECB (European Central Bank) holds enormous fire power in the form of gold reserves of 10792.5 tons worth $576 billion dollars or EUR 434 billion. This roughly equals the EFSF's (European Financial Stability Facility) current ...
See all stories on this topic »

Commodity Online
The Eurozone crisis and prospects for India | East Asia Forum
By Pravakar Sahoo
Author: Pravakar Sahoo, IEG The Indian Finance Minister Pranab Mukherjee's remarks at the launch of the World Bank Development Committee meeting recently.
East Asia Forum
Slovakia approves expanded eurozone bailout fund
By Karel Janicek
Slovakia approves expanded eurozone bailout fund, BRATISLAVA, Slovakia - Slovakian lawmakers on Thursday approved expanding the size and powers of the European Union bailout fund, overcoming an earlier rejection and removing the ...
azcentral.com | business
SLOVAKIA APPROVES EFSF EXPANSION, ALL 17 EUROZONE ...
By Joe Weisenthal
Fireworks time in Europe. Slovakia just approved the bailout fund. This was the country's second vote on the matter, and it was widely expected. The deal was: The opposition agreed to vote for the expansion of the bailout fund in exchange for ...
Money Game
Troubled Eurozone Finance Capital | Mostly Water
By Stephen Lendman
Troubled Eurozone Finance Capital - by Stephen Lendman. For years, Progressive Radio News Hour contributor Bob Chapman warned about troubled Eurozone financial institutions and possible sovereign defaults. Greece died months ago. ...
Mostly Water
What the eurozone crisis might mean for emerging markets ...
By John Paul Rathbone
beyondbrics, from the Financial Times, brings news and comment from more than 40 emerging economies, headed by China, India, Brazil, Russia, Mexico, Indonesia and South Africa. We cover politics and economics, finance and business ...
beyondbrics
With Slovak vote, eurozone gets new debt crisis weapon | Firstpost
Slovakia finally ratified the eurozone bailout fund on Thursday, removing the final hurdle to beef up defences against the debt crisis set to deal a heavy toll on Europe's banks.
Firstpost
The Eurozone's Original Sin | Atlantic Council
By Ben Carliner
When the seventeen countries that make up the Eurozone joined the monetary union, they each gave up a very important privilege: the ability to borrow in their own currency. For most members, this seemed at first less a concession than a ...
New Atlanticist
Boost for eurozone fund, but Spain downgraded < Spanish news ...
However it did not prevent more bad news for the eurozone which has already been obliged to bail out Ireland and Portugal as well as Greece.
Expatica - Spanish Local Headlines
Marcus: SA can't bail out eurozone — Clearing and Settlement
By RSS Feed
role in assisting the eurozone out of its debt crisis, Reserve Bank governor. Gill Marcus said. “My own approach would be that it needs the Group of 20 as a whole to look at what needs to be done, because it is not for us to plug gaps,” Marcus ...
Clearing and Settlement — Clearing...
A standby program for the eurozone – Global Public Square - CNN ...
By amarcnn
Editor's Note: Raghuram Rajan, a former chief economist of the IMF, is Professor of Finance at the University of Chicago's Booth School of Business and the author of Fault Lines: How Hidden Fractures Still Threaten the World Economy.
Global Public Square
Geo-Graphics » Eurozone Bank Deposits Are Fleeing for Germany
By the Center for Geoeconomic Studies
A graphical take on geoeconomic issues, with links to the news and expert commentary.
Geo-Graphics
That the Place Can Cease the Eurozone, and Adopt Its Primary ...
By gamebv
The Eurozone was in situation, with several new member suggests who have followed the ruskies because their currency exchange, dealing with a pile of debt. At some time if personal restructuring can be considered staying damaging on ...
Sky Bridge Media
Plenary discusses latest instruments for exiting the Eurozone crisis
All the latest news from the Press Service of the European Parliament: votes, resolutions, debates, parliamentary committees and the plenary.
www.europarl.europa.eu/en/pressroom/.../20111011IPR28925
Eurozone quick-fix will create political monster - FT.com
The optimal response for the eurozone would be to turn it into a fiscal union. But it might not happen – or not in time. In that case, the question naturally arises:
www.ft.com/.../9216efea-f02c-11e0-977b-00144feab49a.html
Slovakia Rejects Expanded Eurozone Bailout Fund : NPR
The measure failed to pass by 21 votes. Slovakia remains the only country in the 17-member eurozone that has not approved expanding the bailout fund, which ...
www.npr.org/.../slovakia-rejects-expanded-eurozone-bailout-f...
'Time short' for eurozone, says Cameron - CNN.com
David Cameron has urged European leaders to take a "big bazooka" approach to resolving the eurozone crisis, warning they have just a matter of weeks to avert ...
edition.cnn.com/2011/10/09/business/eurozone.../index.html
Trichet: Eurozone debt crisis threatens banking system ...
Meanwhile, EU debt inspectors say Greece is likely to get more loans in November.
www.usatoday.com/money/world/story/2011-10-11/.../1
Euro-Zone Industrial Production Rises - WSJ.com
Industrial production across the 17 countries that share the euro increased at a unexpectedly strong pace in August and for the second straight month, partly as a ...
online.wsj.com/.../SB10001424052970204002304576626403...
The euro-zone crisis: Iceberg spotted, summit convened | The ...
First, should bank rescues be carried out nationally, or using the European Financial Stability Facility (EFSF), the euro zone's bail-out fund? Mrs Merkel is keen ...
www.economist.com/blogs/freeexchange/.../euro-zone-crisis-1
EUROZONE CRISIS: Here's What's Next
A 10-Step Plan To End The Eurozone Crisis ... It will be a busy month for eurozoneleaders, with European Council and G-20 meetings ahead. Here are the ...
www.businessinsider.com/eurozone-crisis-heres-whats-next-20...
Solving the Eurozone Crisis - Forbes
Solving this Eurozone crisis is going to be more difficult than many seem to think. Oh, there are potential solutions out there: let countries which are bust go bust ...
www.forbes.com/sites/.../2011/.../solving-the-eurozone-crisis/
Fate of Eurozone bailout rests on Slovak politician Richard Sulik ...
For a man accused of holding an entire continent hostage, Richard Sulik cuts a modest figure. With his shiny pate and geeky glasses, he looks more like a ...
articles.latimes.com/2011/.../la-fg-slovakia-bailout-20111008
Bank debt: Eurozone crisis systemic, Trichet says - CSMonitor.com
Bank debt crisis has reached point where governments need to move decisively, Europe's central banker says. Fears of government defaults have spread to ...
www.csmonitor.com/.../Bank-debt-Eurozone-crisis-systemic-T...
Barroso's eurozone crisis plan could stop bank dividends | Business ...
European commission's rescue proposals would put payouts on hold for undercapitalised institutions.
www.guardian.co.uk/.../barroso-eurozone-crisis-plan-stop-ban...

Alexander Language Schools

Aesop' Fables, Kindle, Online, Digital, Electronic   Alexander Dictionary of English Idioms, English-French  Under the Sun by Harry ElektronAlexander Dictionary of English Idioms, English-Swedish   Alexander dictionary English Vietnamese, Kindle, Electronic, Digital Online
Enhanced by Zemanta

No comments: