Today: IRELAND, Portugal, Spain, Italy, Greece News, Jan 21, 2012

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Jan 21, 2012

IRELAND, Portugal, Spain, Italy, Greece News, Jan 21, 2012

Irish finance minister slams bank role in Greece talks
AFP
BERLIN — Ireland's Finance Minister Michael Noonan has criticised the involvement of private creditors in talks to end the Greece debt crisis, according to a German newspaper Saturday. The report came after crunch talks between Greek officials and ...
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Oil futures fall nearly $2 to log loss on week
MarketWatch
Meanwhile, Greece and its debt crisis remained on the radar. “The prospect of a Greekdefault in the spring looms if they don't convince debt holders to write off nearly $130 billion of debt,” added Rabinowitz. Read more about Greek-debt talks. ...
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Campaigns recasting Greece's image in a better light
Kathimerini
However, a number of new initiatives are now attempting to restore the image ofGreece, the Greeks and the Greek market as perceived by the international business community and potential visitors to the country. One example is the Repo(we)rGreece ...
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Stocks close mixed on tech giants' earnings
USA TODAY
It's also held a third day of talks with creditors to negotiate reduce the value of the creditors' Greek bond holdings. Greece wants creditors to agree a €100 billion ($129 billion) writedown although details of a deal have not yet been announced. ...
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USA TODAY
Euro Drops From 2-Week High as Greek Debt Talks Crimp Demand
BusinessWeek
European officials and Greece's private bondholders agreed in October to carry out a 50 percent cut in the face value of the nation's debt by voluntarily exchanging outstanding bonds for new securities, with a goal of reducing the country's borrowings...
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Crude market calms down on drop in demand
Futures Magazine
"Most of the emphasis will be on structural reforms," said a Greek government official. The specific focus will be on steps needed to boost Greece's hidebound economy,now in its fifth year of recession, by liberalizing industries and cutting ...
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Strong start for stocks, but what's changed?
Reuters
"It is all well and good to say that the Greek default is well understood, but we haven't gone through it." Outside the United States, there are mixed signals from the global economy, too. China's factory activity likely fell for a third successive ...
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Pound Advances After Report Shows U.K. Retail Sales Rebounded; Gilts Fall
Bloomberg
Greece Talks The pound gained for the first time in four days versus the euro as concern Greece will fail to reach agreement with its creditors sapped demand for the 17-nation currency. Greek officials will resume talks with private creditors this ...
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Colombian Peso Falls on Currency Measures, Greek Debt Talks
BusinessWeek
20 (Bloomberg) -- Colombia's peso fell, paring a weekly gain, on speculation policy makers will act to ease the currency's volatility and as a third day of debt-swap talks inGreece fueled concern Europe's credit crisis will derail the global recovery. ...
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Greek Prosecutor Wants Papandreou Investigated
Greek Reporter
Papaconstantinou is still serving, now as Environnment, Energy and Climate Change Minister in a coalition government headed by former European Central Bank Vice-President Lucas Papademos that also includes members of New Democracy and the far ...
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Greek Reporter
Greece close to debt deal
Business Spectator
A deal between the Greek government and private creditors is a key benchmark before the European Union and the International Monetary Fund contribute to a second bailout package for the country. Fairfax media report that the Athens stock exchange ...
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Dollar Gets A Breather Amid Talk Of Progress On Greece
NASDAQ
The progress on resolving the Greek debt debacle follows a number of successful bonds auctions among its euro zone cousins. France, Spain and Portugal saw borrowing costs drop earlier in the week. The news from Europe overshadowed another encouraging ...
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Business briefs
Vancouver Sun
Via had an operating loss of $261.5 million in 2010, according to its latest annual report. Annual revenue fell 5.3 per cent from 2005 to 2010, to $274.4 million, while operating expenses rose 15 per cent, to $535.9 million. Postmedia News Mega Brands ...
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Treasuries Off to Worst Start Since 2003 on Strengthening Global Economy
Bloomberg
23, as reports showed fewer Americans than forecast filed for unemployment benefits and home sales rose for a third month in December. The refuge appeal of Treasuries eased as Greek officials held debt-swap talks and European bond sales saw increased...
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Stocks Gain 2% For The Week, Despite Slow Friday
WPBF West Palm Beach
Investors continue to fear repercussions from the European debt crisis, particularly the prospect that Greece may end up defaulting in a disorderly fashion. A deal on restructuring Greek debt remained elusive on Thursday, but talks continue Friday. ...
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Stock Market report: January 20, 2012
Liverpool Daily Post
The FTSE 100 Index lost hold of earlier gains and closed 1.62 points lower at 5728.55, which hit a five-month high this week, as the Greek government held a third day of talks with creditors over a deal to get them to reduce the value of their Greek ...
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Treasuries Set for Biggest Weekly Loss in a Month Before Home Sales Data
Bloomberg
Treasury 10-year notes fell for a third day as a US report showed home sales rose for a third month in December, adding to signs including falling claims for jobless benefits that the world's largest economy is gaining momentum. Greek officials held ...
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Bloomberg
Treasuries Off to Worst Start Since 2003 as Economy Recovers
BusinessWeek
23, as reports showed fewer Americans than forecast filed for unemployment benefits and home sales rose for a third month in December. The refuge appeal of Treasuries eased as Greek officials held debt-swap talks and European bond sales saw increased...
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Dollar Gets A Breather Amid Talk Of Progress On Greece
RTT News
The progress on resolving the Greek debt debacle follows a number of successful bonds auctions among its euro zone cousins. France, Spain and Portugal saw borrowing costs drop earlier in the week. The news from Europe overshadowed another encouraging ...
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RTT News
Crude Oil Fundamental Analysis Jan. 23, 2012, Forecast
FX Empire
Greece is the major contributor to all the commodity and currency markets today and will most likely be the motivator in the early part of the week. AGreek default remains a real possibility, and stronger economic indicators from the US aren't enough ...
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FX Empire
Apple and the Fed will key the week ahead
MSN Money
Friday's GDP report will show how far the economy has come. By Charley Blaine on Fri, Jan 20, 2012 9:26 PM The good news about the past week is that there were no time bombs to blow everything up. Not even negotiations over restructuring Greek debt. ...
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MSN Money
The Week in Review
theTrumpet.com
The EU report is just the latest of ongoing criticism Israel has received from Europe regarding its policies. France's credit rating down, Greece nearly out: Nine eurozone nations had their credit rating downgraded by ratings agency Standard & Poor's ...
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Treasuries in Worst Start Since 2003 on Strengthening Economy
San Francisco Chronicle
Treasury 10-year notes fell for a third day as a US report showed home sales rose for a third month in December, adding to signs including falling claims for jobless benefits that the world's largest economy is gaining momentum. Greek officials held ...
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Creating American Terrorists – OpEd
Eurasia Review
Klusmire's only crime was to “set sail without permission” — in Greece. It was clearly a bogus charge manufactured to suit by a vulnerable Greek government desperately needing international loans and under pressure from the United States and Israel. ...
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Creating American Terrorists
Palestine Chronicle
Klusmire's only crime was to “set sail without permission” — in Greece. It was clearly a bogus charge manufactured to suit by a vulnerable Greekgovernment desperately needing international loans and under pressure from the United States and Israel. ...
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Palestine Chronicle
Pressure on pockets points UK holidaymakers toward Europe
RCI Ventures
Qatar, Chile and Costa Rica complete the list of 'new' pretenders tipped to move into the mainstream. Consumer research conducted for the Holiday Money Report revealed that while holidays are important, people will not take out loans to finance them, ...
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RCI Ventures
E-Mini S&P 500: Double top, pop or drop?
Inside Futures
The Euro FX reached a high today of $1.2989 today, even as CFTC reporting had remarked about the excessive net shorts for the fourth straight week. A potential Greekdefault could derail all the positive sentiment, so we look for an accord to come soon ...
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European Stocks Post Fifth Weekly Rally; BMW, Barclays Advance
Bloomberg
An agreement was struck in October to implement a 50 percent cut in the face value ofGreek debt by voluntarily exchanging outstanding bonds for new securities, with a goal of reducing the Mediterranean nation's borrowing to 120 percent of gross ...
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Forex - EUR/USD Slides Amid Profit-taking
Daily Markets (blog)
Debt restructuring talks between Greece and its private creditors have been going on for days now, and the market is growing a little impatient with the pace of negotiations, which also pressured the euro downward. EUR/USD hit 1.2931 in mid-session US ...
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Pound Strengthens After UK Retail Sales Rebound; Gilts Fall
BusinessWeek
The pound gained for the first time in four days versus the euro as concern Greece will fail to reach agreement with its creditors sapped demand for the 17-nation currency.Greek officials will resume talks with private creditors this evening in Athens ...
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Greece talks up prospects as marathon debt talks drag on — RT
By RT
Last-ditch debt write-off talks between Athens and its creditors appear to be nearing a conclusion, Greek officials say. Negotiations will continue on ... Market Buzz: Markets optimistic on news from Greece. The Russian market is likely to ...
News RSS : Today
BBC News - The Greek parents too poor to care for their children
Continue reading the main story ... Greece's financial crisis has made some families so desperate they are giving up the ... but Father Antonios has never until now come across children being simply abandoned. .... Plus the latest tech news ...
www.bbc.co.uk/news/magazine-16472310
ANALYSIS: Greece Labels Pedophilia a Disability - World - CBN ...
Please click on the link below to download the latest version. ... They said that pedophiles will now receive higher disability pay than people who ... CBN News spoke with Peter Sprigg of the Family Research Council about this. ... Sign up for the CBN NewsDispatch and receive CBN News Reports in your inbox each day.
www.cbn.com/.../Greeks-Angry-after-Pedophilia-Named-Disa...
Bloomberg Reports That Greek Private Creditor Deal Near, At 32 ...
For now the Greek government has declined to comment. ... private holders of just more than 200 billion euros worth of Greek government bonds to accept new ...
www.zerohedge.com/.../bloomberg-reports-greek-private-cred...
Unending Austerity Wears Down Greeks - Sky News
Sky News HD - First for breaking news - Sky channel 517 ... who are calling the shots, especially now Greece needs the second bailout of 130 billion euros to ... Report this comment ... Get the latest SKY NEWS headlines on Sky News Active.
news.sky.com/home/world-news/article/16151224
Greeks like their PM but unhappy with coalition ... - Yahoo! News
News: ATHENS (Reuters) - Most Greeks are unhappy with their coalition government but ... deal and take the overborrowed country to elections, now tentatively set for April.... 5-10 on a nationwide sample of 1018 Greeks, showed the conservative New ...(Reporting by George Georgiopoulos; Editing by Alessandra Rizzo) ...
news.yahoo.com/greeks-pm-unhappy-coalition-government-p...
Fox Business - Latest News - Hedge Funds Mull Suing Greece ...
Hedge Funds Mull Suing Greece: Report. Jan 19, 2012 11:49 AM EST. (page 1 of 3) View Entire Story. Hedge funds invested in Greek sovereign debt are ...
m.foxbusiness.com/quickPage.html?page=32811&external...
PM says Greece 'close to' a debt deal: report - Latest news around ...
Greece is close to a critical debt writedown with private creditors, its prime minister said Monday, before adding that abandoning the euro was not anLatest news ...
news.ph.msn.com/business/article.aspx?cp-documentid...
Greece hopes for debt deal 'very soon' - Business - CBC News
The fear is that if the talks fail, Greece won't be able to service its debts and will ... The aim is to reduce that debt by swapping private creditors' bonds for new ones with a lower value. ... Cruise CEO says captain didn't report hitting rocks Video ...
www.cbc.ca/news/business/story/.../greece-debt-swap.html
Greece, bondholders break off debt-reduction talks – USATODAY.com
ATHENS, Greece (AP) – Crucial negotiations between the Greek government and ... Toreport corrections and clarifications, contact Standards Editor Brent Jones. ... USA TODAY is now using Facebook Comments on our stories and blog posts to provide ...For the latest Money news, follow USATODAYMONEY On Twitter.
www.usatoday.com/money/world/story/2012-01-13/.../1
Children 'dumped in streets by Greek parents who can't afford them ...
MailOnline - news, sport, celebrity, science and health stories ... over refusal to implement austerity policies and 'authoritarian' new constitution ... She now works in a cafe but only make £16 per day and so cannot afford to take her daughter back. .... Are these reports referring to the Greeks or the other Europeans that have ...
www.dailymail.co.uk/.../Children-dumped-streets-Greek-paren...
Greeks hold crunch talks in bid to cut debt - RTÉ News
Crunch talks between Greek officials and the nation's private sector creditors resumed today. ... Greece was also involved in parallel negotiations with its EU- IMF bailout partners on a new loan to dodge a .... Replayed at 9am on RTÉ News Now ... On the Six One News on 10 January RTÉ broadcast a report on the decision ...
www.rte.ie/news/2012/0121/greece.html
Sky News: Greece debt deal talks adjourned
'Now is the time to act decisively and seize the opportunity to finalise this ... Greeknews reports said the government and its private bondholders have made ... rate of thenew bonds Greece will issue, as private bondholders are asking for an ...
www.skynews.com.au/businessnews/article.aspx?id...vId=
Financial Mirror dot com - Greece, creditors move closer to deal in ...
Follow us on Twitter. Home · News; Business & Economy; Story Detail. News ... or interest payment, that Greece must offer on its new bonds raised fears of a disastrous... "Now is the crucial moment in the final battle for the debt swap and the ...
www.financialmirror.com/news-details.php?nid=25534
Markets shrug off S&P downgrades, focus on Greece - Hawaii News ...
Hawaii News Now, Hawaii's live local late connected news leader. News, weather, sports, video, employment and real estate classifieds. Breaking News and ...
www.hawaiinewsnow.com/.../asian-stocks-sink-after-europe-cr...

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