Today: FINANCIAL News, Money, Banks, Economic and Financial Crisis, May 29, 2012

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May 29, 2012

FINANCIAL News, Money, Banks, Economic and Financial Crisis, May 29, 2012

Debt crisis: as it happened - May 29, 2012
Telegraph.co.uk
For the latest business and economic news keep an eye on our finance page. We'll be back first thing in the morning to pick up where we left off. 17.49 Reuters reports that the EU has prepared a draft law that would oblige European states to bail-out ...
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Is Country Heading for Another Debt Trap?
AllAfrica.com
By Sanusi Abubakar, 29 May 2012 One thing that never ceases to amaze me is the sheer arrogance and stupid justifications of our "economic team" whenever it is trying to justify why our governments need to keep borrowing more and more.
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INSIGHT-Pioneer Ireland fears austerity was in vain
Reuters
Unfortunately, it may not matter. The political crisis in Greece and bankingwoes in Spain now threaten to end the modest Irish recovery spotted by Martin on last month's flight. "I think if there is a major crisis, people will literally stop spending ...
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The Eurozone Crisis For Dummies
Yahoo!Xtra New Zealand News
When times were good, it wasn'ta problem — banks and other investors were willing to lend them money on the cheap and their public sectors became bloated. When the financial crisis hit, however, problems came to a head. Debt levels in Portugal, Italy, ...
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Jamaica: 'An empty shop'
Jamaica Observer
The issue of our country's economy has always been of grave concern for many of us, but more so since we attained Independence. The Budget presentation by Finance Minister Dr Peter Phillips last week reaffirmed that post-Independence preoccupation with ...
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EUROPEAN OPENING NEWS INCLUDING: Greece's four largest banksreceived a EUR ...
Proactive Investors UK
Elsewhere on the Chinese economy, Ma Jun has estimated Chinese export growth may slow to 11% in 2012 amid the European debt crisis. (Newswires) Fitch have said they still believe the Chinese government has tremendous scope for policy flexibility, ...
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Venezuela Represents “Hope” in the Midst of a Crisis of Capitalism
Venezuelanalysis.com
By Rachael Boothroyd - Venezuelanalysis.com, May 29th 2012 Juan Manuel Sánchez Gordillo, a history lecturer, representative for the United Left Party in Spanish Parliament and Mayor of Marinaleda in Andalucia, Seville, is currently visiting Venezuela ...
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An Amicable Divorce?
Forex Pros
Federal Reserve Bank of St. Louis president James Bullard recently described the FOMC as currently “on pause.” But with Operation Twist expected to wind up over the coming weeks and the S&P 500 falling 8.7% from April 2 to May 18, many are speculating ...
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OFFICIAL DEPRESSION
Calcutta Telegraph
The Reserve Bank of India is such a reliable institution. It is not stupid like much of the Central government; but it generally hides its intelligence well. It often has a message to convey; but it buries it effectively in piles of figures.
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Calcutta Telegraph
Eurozone crisis live: Alexis Tsipras visits Berlin as IMF warns UK ...
Slashing its forecast for eurozone growth to -0.2% in 2012, it added that it expects ... 6.43pm: Interesting news from Greece, via financial journalist Efthimia Efthimiou. ... may add weight to Lagarde's call for a monetarystimulus today, and maybe a ..... The IMF also urged the Bank of England to stimulate the economy through ...
www.guardian.co.uk/.../eurozone-crisis-greece-eu-summit-tsip...
Irate Greeks vilify IMF chief on Facebook after she brands them tax ...
Monday 28 May 2012 ... The International Monetary Fund managing director Christine Lagarde Photo: PA ... to avoid borrowing money directly from the bond markets, The Financial Times reported on Sunday night. ... InFinancial Crisis ... Mervyn King, governor of the Bank of England, listens during a news conference at ...
www.telegraph.co.uk/.../Irate-Greeks-vilify-IMF-chief-on-Fac...

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