Today: FINANCIAL News, Money, Banks, Economic and Financial Crisis, May 05, 2012

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May 5, 2012

FINANCIAL News, Money, Banks, Economic and Financial Crisis, May 05, 2012


Greek election could push eurozone back into crisis mode
Financial Post
That in turn will increase the pressure on the new government to renegotiate parts of the second bailout program, an ambitious deal struck in February that aims to clear the way for Greece to return to financial markets by 2015.
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Bulgaria FinMin: IMF Gives Bad Advice to Countries in Crisis
Novinite.com
The International Monetary Fund is not pressing good policies on countries infinancial crisis, such as Greece and Spain, according to Bulgarian Minister ofFinance Simeon Djankov. "Regarding the crisis in Europe now, the IMF is part of the problem, ...
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Austerity-weary Greece faces electoral impasse
BusinessWeek
By NICHOLAS PAPHITIS After more than two years of financial crisis, international bailouts, a huge debt writedown and Europe's harshest austerity program, Greek voters have been given a chance to hit back at the parties that got them into this mess.
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Unease on the Western Front
Hindustan Times
Hammered by economic woes brought on by the financial crisis and worsened by austerity measures aimed at cutting budget deficits, Europeans are voting with their feet. Hollande leads the opinion polls, having pledged to replace a punishing Eurozone ...
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Economy, Immigration Dominate Greek Vote
Manila Bulletin
''We are entering a period of instability, the whole political landscape has been turned upside down...and the crisis favours extreme options,'' said political analyst Thomas Gerakis. Three of the smaller parties who want to throw out the EU-IMF ...
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All great entrepreneurs are great dreamers
Malaysia Star
And then he highlighted the massive economic problems of the European zone and the high 20% unemployment in Spain. If unresolved, the European malaise would drag the global economy down by five percentage points. In today's globalised economy, ...
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Greek resistance hero fights for Left at age of 89
Chicago Tribune
"It is a unique opportunity for the people to come to power," he told Reuters, encouraged by opinion polls showing angry voters deserting mainstream parties they blame for a dire economic crisis and turning to smaller groups like his.
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NZ may still chip in for IMF bailout funds
Radio New Zealand
Any pledge would go towards $US400 billion of new loans from International Monetary Fund members to stave off a fresh financial crisis. Last month, the Government sent Treasury head Gabriel Makhlouf to the meetings in the United States where the ...
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Sinn Fein sees route to power in Irish austerity
Yahoo! News UK
Europe's economic and debt crisis has boosted populist parties in many countries, with groups from the far right and hard left tapping anger at the failure of politicians to resolve the situation. In Ireland, Sinn Fein's mixture of left-leaning ...
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Anglo-Zionist financial conspiracy
Press TV
We are currently listening to the Bank of England chief Sir Mervyn King telling us that more should have been done to avert the current crisis! Well, Mr. King you certainly hit the nail on the head considering that it was you that allowed our ex-PM ...
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Press TV
European election results to reshape fiscal treaty debate
Irish Times
Victory for Mr Hollande would realign the Franco-German axis, which dominates the response to the debt crisis, and add momentum to the clamour for new measures to promote economic growth. At the same time, the rapid ascent of anti-bailout parties in ...
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UK announced second wave of recession
Caspionet
The Finance Minister George Osborne said that the crisis of the European zone, which is the main trade partner of the UK, is the main factor that interrupts the restoration of the British economy. Europe received over 50% of the UK export.
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Disinformation on Every Front
Foreign Policy Journal
Douglas reports that these powerful government institutions were concerned by Kennedy's refusal to approve Operation Northwoods, to back the CIA's invasion of Cuba, and to confront the Soviets militarily over the Cuban missile crisis and by Kennedy's ...
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Greek election set to rock euro zone
Saudi Gazette
That in turn will increase the pressure on the new government to renegotiate parts of the second bailout program, an ambitious deal struck in February that aims to clear the way for Greece to return to financial markets by 2015.
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