 Catholic Online By Catholic Online (NEWS CONSORTIUM) The British adage of "remain calm and carry on" is being severely tested in the latest economic crisis. According to the Bank of England Governor Sir Mervyn King, the world is facing the worst financial crisis since ... See all stories on this topic » | ||
| European Leaders Debate Global Financial Woes LoanSafe Suffering from the aftershocks of the European debt crisis and government austerity cutbacks, thebank made the pledge to buy assets with new money on Thursday in an attempt to stimulate the British economy. In a letter to finance minister George ... See all stories on this topic » | ||
| Confident Irish leader says country's financial crisis easing as reforms ... Washington Post By AP, DUBLIN — Ireland's prime minister says his country's perilous financial position has greatly improved in recent months. Enda Kenny told the Global Irish Economic Forum on Friday that tax revenues for this year are slightly ahead of target and ... See all stories on this topic » | ||
| ||
| ||
| ||
| Irish credit unions face stricter rules Financial Times “They are easier to deal with, the staff recognise your face and it is easier to get a loan than in abank.” But credit unions, widely known as the people's banks in Ireland, are not immune to the country's financial crisis, which led to a bail-out ... See all stories on this topic » | ||
| Ukraine Foreign Reserves Decline, Raising Hryvnia Concern BusinessWeek The agreement with the IMF remains suspended and without IMF funding, the government will struggle to repay its external debt.” Ukraine's economy, dependent on steel and chemicals exports, shrank 15 percent in 2009 as the global financial crisis cut ... See all stories on this topic » | ||
| MONEY WEEK AHEAD: Treasury Selloff Rouses Bond Bears Wall Street Journal The mood across financial markets first changed course Tuesday when euro-zone officials acknowledged that they haven't done enough to convince markets that the region's banks are able to withstand the current credit crisis. Talk of a coordinated effort ... See all stories on this topic » | ||
| IMF advisor: 'In The Absence Of A Credible Plan We Will Have A Global ... American Thinker (blog) In an interview with IMF advisor Robert Shapiro, the bailout expert has pretty much said what, once again, is on everyone's mind: "If they can not address [the financial crisis] in a credible way I believe within perhaps 2 to 3 weeks we will have a ... See all stories on this topic » | ||
| 'UK crisis to get significantly worse' RT Europe's financial crisis seems to be spreading across the English Channel as the UK becomes the latest country to feel the pinch. Rating's giant Moody's has downgraded 12 of Britain's banks, including the Royal Bank of Scotland and Lloyds TSB. ... See all stories on this topic » | ||
| Time of greatest fear offers opportunity CNN International A technical recession, possibly, which would lead to a slowdown in US trade with Europe, but not a 2008-style crisis. The US economy should continue growing, and with it corporate earnings. For all the gloom in financial markets, S&P 500 earnings per ... See all stories on this topic » | ||
| ||
| How Ireland managed to end up part of the 'New Third World' Irish Times AMERICA: THE US financial journalist and author Michael Lewis has a favourite metaphor for the global economic crisis: what do people do when they find themselves alone in a dark room full ofmoney? Lewis was all over the airwaves this week, ... See all stories on this topic » | ||
| ||
| Economic Apocalypse Goes Mainstream: Meltdown in Two to Three Weeks; It Will ... Lew Rockwell President Obama, the US Congress, the Federal Reserve, the European Parliament, the IMF, institutional investors, and corporate leaders know what's coming. "If they can not address [thefinancial crisis] in a credible way I believe within perhaps 2 to ... See all stories on this topic » | ||
| EM stocks hit harder by Europe's crisis Financial Times Even though the latest incarnation of the global financial crisis is centred in the eurozone, the impact on equities is concentrated in the emerging world. EM stocks have almost never been so cheap. Jonathan Garner, Morgan Stanley's global emerging ... See all stories on this topic » | ||
| ||
| Financial malaise a crisis of confidence multiplied by three Edmonton Journal By Ray Turchansky, Freelance October 7, 2011 TD Bank chief economist Craig Alexander began his recent talk to the Edmonton Chamber of Commerce with a warning. "This presentation includes graphic charts and illustrations of financial risk, ... See all stories on this topic » | ||
| Bold investment in innovation can help us battle the economic crisis The Independent In future all IMF communiqués should carry a statement saying: "Warning by international governments, complying with IMF recommendations can seriously damage the economy's health". Sure, we had financial innovation, but very little real innovation ... See all stories on this topic » | ||
| UK headed for worst-ever economic meltdown Silver Surfer Today "This is the most serious financial crisis we've seen at least since the 1930s, if not ever," he said. King was speaking shortly after the Bank revealed that it was putting another £75billion into theeconomy via quantitative easing. ... See all stories on this topic » | ||
| ||
| Euro Drops Versus Yen for 6th Week as Debt Crisis Damps Demand BusinessWeek Higher-yielding currencies, such as the Brazilian real and Mexican peso, rose as stocks advanced and after a report showed employment in the world's biggest economy rose more than forecast. Group of 20 finance ministers meet in Paris Oct. 14-15 before ... See all stories on this topic » | ||
| ||
| Most serious crisis since 1930s: BoE chief Business Standard After deciding to pump in £75 billion into the British banking system, Bank of England governor Mervyn King said the current financial crisis was the most serious one since the Great Depression of the 1930s, “if not ever”. King told Sky News: “We're ... See all stories on this topic » | ||
| ||
| US Stocks Decline as Concern Over Europe Offsets Jobs Report BusinessWeek Oct. 7 (Bloomberg) -- US stocks retreated, trimming a weekly advance for the Standard & Poor's 500 Index, as concern Europe's debt crisis will worsen overshadowed faster-than forecast growth in American employment. Financial stocks had the biggest ... See all stories on this topic » | ||
| ||
| Investors call for solution beyond banks recaps Reuters However, he did not rule out the use of the European Financial Stability Facility, which is the route favoured by many . "There is a lot to be said for the EFSF directly injecting money into the banks," said F&C's Robinson. "It may provide more comfort ... See all stories on this topic » | ||
| Stocks Post Gains For The Week KETV Omaha Fitch downgraded Italy's long-term default rating one notch to A , saying the intensifying eurozone debt crisis "constitutes a significant financial and economic shock which has weakened Italy's sovereign risk profile." The ratings agency also cut is ... See all stories on this topic » | ||
| Stocks soar on liquidity boost from European Central Bank The Australian Bank of England governor Mervyn King dismissed fears that printing more money would trigger dangerous levels of inflation, saying that Britain's problem was too little money in the economy, not too much. "This is the most serious financial crisis we ... See all stories on this topic » | ||
| Japan's Central Bank Sounds Warning on Global Economy New York Times The European debt crisis has started to cause real damage to the economies in Europe and beyond, he said. “European financial markets remain tense, as there have been moves in money markets similar to those seen during the Lehman crisis,” he said, ... See all stories on this topic » | ||
| Peru Ready to Change 'Stance' After Holding Rate at 4.25% BusinessWeek In the event of a new financial crisis, the central bank would sell dollars in the spot market, issue repurchase agreements and consider lowering deposit requirements to boost money supply, Estrella said. The economy is better protected than in 2008, ... See all stories on this topic » | ||
| Nordstrom's Bonds Show Recession Resistance: Corporate Finance BusinessWeek Nordstrom is benefiting from spending by wealthier US consumers who haven't cut outlays even asfinancial markets fluctuate and economic growth slows. The retailer, which also operates private sale website HauteLook Inc. and discount Nordstrom Rack ... See all stories on this topic » | ||
| HIGHLIGHTS 2-BOJ's Shirakawa says need to focus on downside econ risks Reuters It has a big impact on the Japanese economy which is recovering from the damage from the (March) disaster." "European financial markets remain tense as there have been moves in money markets similar to those seen at the time of the Lehman crisis. ... See all stories on this topic » | ||
| 11 Facts You Need To Know About The Nation's Biggest Banks Think Progress While the Dodd-Frank financial reform law did a lot to ensure that a repeat of the 2008 financial crisis won't occur — through regulation of derivatives, a new consumer protection agency, and new powers for the government to dismantle failing banks ... See all stories on this topic » | ||
| IOUs to Long Bonds Slide as Europe Imperils Global Growth: Credit Markets Bloomberg The European Commission is pushing for a coordinated capital injection into banks, while German Chancellor Angela Merkel said policy makers “shouldn't hesitate” if it turns out financial institutions are undercapitalized. “Europe is buying time,” ... See all stories on this topic » |
| BBC Does It Again: "In The Absence Of A Credible Plan We Will ... In an interview with IMF advisor Robert Shapiro, the bailout expert has pretty ... is on everyone's mind: "If they can not address [the financial crisis] in a credible ... All those banks are counterparties to every significant bank in the United ... The best politicians money can buy ...Obama Not to Blame for the Economy's Collapse ... www.zerohedge.com/.../bbc-does-it-again-absence-credible-pl... |
email: info@als-alexander.org or interalex2@gmail.com
No comments:
Post a Comment