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May 5, 2012

GREECE News, May 05, 2012


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Greek election critical and uncertain
The Olympian
By ELENA BECATOROS | AP • Published May 05, 2012 ATHENS, Greece –Greeks head to the polls Sunday in their most critical - and uncertain - election in decades, with voters set to punish the two main parties that are being held responsible for the ...
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EU to Show Flexibility in Enforcing Rules, Rehn Says
BusinessWeek
By Jones Hayden on May 05, 2012 European Union Economic and Monetary Affairs Commissioner Olli Rehn indicated the EU would show flexibility in enforcing the bloc's deficit rules as governments across the region struggle to spur growth even as they cut ...
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Europe braces for Greek election
Jakarta Globe
by Simon Sturdee | May 05, 2012 Not only Greece but also Europe braced on Saturday for an election here that polls indicate will fail to produce a clear winner, and which markets worry will plunge the eurozone into fresh turmoil.
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Jakarta Globe
Leaders fall in Europe crisis: Sarkozy next?
The Olympian
By DANIEL WOOLLS | AP • Published May 05, 2012 French President Nicolas Sarkozy is widely expected to be kicked out of office in elections Sunday. If he goes, he'll be in good company: Almost every crisis-hit European country that has held an election ...
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Pound Rises 3rd Week Versus Euro Before Bank of England Meets
BusinessWeek
By Keith Jenkins on May 05, 2012 The pound rose for a third week against the euro amid speculation the Bank of England will pause its asset-purchase program next week, underpinning the currency's attraction as a haven from Europe's debt crisis.
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Samaras Says Return to Drachma Would Be Catastrophic, Bild Says
BusinessWeek
By Angela Cullen on May 05, 2012 Antonis Samaras, the head of Greece'sNew Democracy party, said a return to the drachma would have “catastrophic consequences” for the Hellenic Republic and the euro-area as a whole, Bild Zeitung reported.
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Treasury 10-Year Yield Falls to 3-Month Low on Jobs Datas
BusinessWeek
By Cordell Eddings and Daniel Kruger on May 05, 2012 Treasuries rose for the seventh week, the longest stretch since 2008, as employers in the US added fewer jobs than forecast amid speculation the Federal Reserve may consider additional stimulus ...
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Euro Drops as Slowing Growth and Elections Damp Demand
BusinessWeek
By Catarina Saraiva on May 05, 2012 The euro slid versus the dollar by the most in almost a month and reached an 11-week low against the yen after further slowing in the region's economies and before national elections that may result in leadership ...
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Europe Braces for Crunch Greek Election
Naharnet
by Naharnet Newsdesk 05 May 2012, 13:13 Not only Greece but also Europe braced Saturday for an election that polls indicate will decimate the two main parties and fail to produce a clear winner, sparking market fears about fresh Eurozone turmoil.
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Naharnet
Russia Stocks Drop as Economic Woes Drive Oil Below $100
BusinessWeek
By Ksenia Galouchko on May 05, 2012 Russian stocks sank for a second week, erasing the benchmark index's gain this year, as concern the global economic recovery is faltering pushed crude below $100 for the first time since February.
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Consumer Confidence Gains as Taiwan, US Rise in Nielsen Survey
BusinessWeek
By Neil Callanan on May 05, 2012 Global consumer confidence rose in the first quarter as improvements in the US economy and continued growth in Asian markets brought sentiment levels to the highest level since the global recession began, according to a ...
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INAOSSIEN Warmly Welcomes All 5 Property Members of the YES!Hotels Group That...
PR.com (press release)
Hotels, said “YES!” to Reveal-Greece.Com London, United Kingdom, May 05, 2012 --(PR.com)-- INAOSSIEN warmly welcomes the five extraordinary properties of YES!Hotels, set in the most upscale neighborhoods of the GreekCapital, Athens, that said “YES!
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US Dollar – Elections In Greece And France To Drive Greenback
TheStreet.com
French elections are of interest as all signs point to victory for Socialist candidate François Hollande over incumbent Nicolas Sarkozy, but Greece mayprove the bigger market mover. Many claim that Hollande's tax-and-spend agenda could put further ...
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Europe Elections, Jobless Claims in Focus for Coming Week
TheStreet.com
By Alexandra Zendrian 05/05/12 - 10:14 AM EDT NEW YORK (TheStreet) - The French presidential election will get plenty of digital ink on Sunday but it may not have much of an impact on US markets in the coming week because it's likely Wall Street has ...
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Euro Ready For A Breakout Should Elections Spark Euro Exit Fears
TheStreet.com
By DailyFX 05/04/12 - 08:10 PM EDT By John Kicklighter, Sr. Currency Strategist The euro is facing an identity crisis: will we still be using the same currency six months from now or will its composition (component economies) present a very different ...
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France's Sarkozy in vote appeal as margin narrows
Bangladesh News 24 hours
Paris, May 05 (bdnews24.com/Reuters) - Conservative President Nicolas Sarkozy made an impassioned final appeal to voters on Friday, saying that a Socialist victory could send France spiralling the way of Greece, as polls showed him narrowing his ...
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Bangladesh News 24 hours
Iran may lose 9.5 percent of oil contracts as Asian buyers cut
The Daily Star
Meanwhile, Greece is planning to replace imports of Iranian oil with purchases from two other sources before the European Union embargo on crude and petroleum products from the Persian Gulf nation takes effect on July 1. Talks are continuing and “the ...
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The Daily Star
Analysis: Sarkozy likely next casualty of crisis; German partner Merkel strong ...
Medicine Hat News
Saturday, 05 May 2012 05:13 Daniel Woolls, AP MADRID - Attention Nicolas Sarkozy of France: Don't look over your shoulder on election day Sunday. Indeed, the feisty Frenchman is keenly aware of all the leaders who got the axe from voters fed up with ...
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A look at economic developments around the globe
Huffington Post
AP | May 4, 2012 05:11 PM EST | Associated Press MADRID – The number of people claiming unemployment benefits in Spain dropped slightly in April as employers hired for short-term jobs during the Easter vacation period. LONDON – Markets fell sharply ...
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Stocks plunge
San Mateo Daily Journal
May 05, 2012, 05:00 AM By Pallavi Gogoi AP NEW YORK — Stocks plunged Friday after the government reported that hiring slowed sharply last month. The report confirmed investors' fears that the US economic recovery may be faltering.
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World workers express anger, gloom on May Day
DailyFinance
By DANIEL WOOLLSAP posted: 2:58 PM 05/04/12 MADRID -Banging drums and waving flags, hundreds of thousands of workers marked May Day in European cities Tuesday with a mix of anger and gloom over austerity measures imposed by leaders trying to contain ...
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Narsingh can finish on podium in London: coach
Business Standard
PTI / New Delhi May 05, 2012, 16:45 It took Narsingh Pancham Yadav the last qualifying tournament to make the cut for the London Olympics but his coach Jagmal Singh reckons that his ward was one of the best in world and could win a medal for the ...
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Jobs lost trickle back, but wages lagging
Rutland Herald
By CHRISTOPHER S. RUGABER and PAUL WISEMAN AP | May 05,2012 WASHINGTON — US job growth slumped in April for a second straight month. It suggested an economy that is growing steadily but still sluggishly, which could tighten the presidential race.
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Container catches fire on board a ship
IBNLive.com
PTI | 10:05 PM,May 05,2012 Mangalore, May 5 (PTI) Panic gripped the crew of a cargo ship after one of its containers loaded with chemicals caught fire about 50 nautical miles off Mangalore today, but none was hurt in the incident, ...
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Stocks down as focus turns to payroll figures
DailyFinance
By PAN PYLASAP posted: 3:34 PM 05/04/12 LONDON -Markets were on edge Friday after US jobs figures pointed to a sluggish recovery in the world's largest economy and amid unease over how weekend elections in France and Greecewill affect the way Europe ...
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@theMarket: A Sea of Red
iBerkshires.com (blog)
By Bill Schmick On: 04:54AM / Saturday May 05, 2012 Friday's unemployment rate was a real downer for the markets. Although the unemployment rate itself dropped from 8.2 percent to 8.1 percent, that number was deceiving. The markets immediately saw ...
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iBerkshires.com (blog)
Hiring slowdown sends the stock market reeling
San Francisco Chronicle
(05-04) 14:58 PDT New York (AP) -- Stocks plunged Friday after the government reported that hiring slowed sharply last month. The report confirmed investors' fears that the US economic recovery may be faltering. The losses in the market were widespread ...
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Saturday Papers: BlackRock's Michelle Edkins behind shareholder revolts
Citywire.co.uk
by Himanshu Singh on May 05, 2012 at 05:52 The Daily Telegraph: Michelle Edkins, the global head of corporate governance at BlackRock, has emerged as the driving force behind the wave of shareholder revolts that have rocked Britain's biggest companies; ...
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Star Bulk Carriers Corp. Announces Receipt of Nasdaq Notice and Update on ...
SYS-CON Media (press release)
ATHENS, GREECE -- (Marketwire) -- 05/04/12 -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ: SBLK), a global shipping company focusing on transportation of dry bulk cargoes, announced today: The Company received written notification ...
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With Greek Elections, 'A Period Of Great Confusion'? - WNYC
By Joanna Kakissis
The country's early parliamentary elections Sunday are set to be the most divisive in recent history. Voters who are tired ...
The latest stories from www.wnyc.org
Portals and KM: Images from Spilani Monastery, Samos Island Greece
By Bill Ives
This is one reason why I came to Greece for quite moments like this. The large picture is ... May 05, 2012 in Greece, travels | Permalink ... Listed below are links to weblogs that reference Images from Spilani Monastery, Samos IslandGreece: ...
Portals and KM
Greek Voters set to unleash Eurogeddon | Almost Midnight in the West
By wheatington
05 May 2012 ... The Greeks, obviously less rational than their Ancient forebears, have high hopes that the election on Sunday 6 May 2012 will solve the Greek Crisis. The hapless Greek voters believe, more likely, hope, that by decimating the ...
Almost Midnight in the West
Earthquake - Magnitude 2.5 - GREECE - 2012 May 05, 00:35 UTC
Earthquake - Magnitude 2.5 - GREECE - 2012 May 05, 00:35 UTC earthquakes today - recent and latest earthquakes, earthquake map and earthquake ...
www.emsc-csem.org/Earthquake/earthquake.php?id=265158
US Dollar – Elections in Greece and France to Drive Greenback ...
US Dollar – Elections in Greece and France to Drive Greenback. By David Rodriguez, Quantitative Strategist. 05 May 2012 00:28 GMT. Tweet ...
www.dailyfx.com/.../US_Dollar_Elections_in_Greece_and_Fr...
Greece Experiments With Science Cuts, 5 May 2012 Saturday 10:40
Saturday, 5 May 2012. Ahead of the May 6th elections and with a second 130 billion-euro rescue deal keeping Greece above water, scientists at research ...
www.turkishweekly.net/.../greece-experiments-with-science-cu...
Greek election critical and uncertain - Saturday, May 5, 2012 | 2:52 ...
Saturday, May 5, 2012 | 2:52 a.m. - Greeks to vote in most critical and uncertain election in decades.
www.lasvegassun.com/news/2012/may/.../eu-greece-elections/
Fira-AER • View topic - Luxembourg V Greece 05 MAY 2012
PROVISIONAL LUXEMBOURG SQUAD Saman Rezapour (RCL) Adam Marcus ( BELSIZE Park) Kim Zimmer (WALFERDANGE) Zelito Neves dos Santos ...
www.fira-aer-rugby.com/forum2007/viewtopic.php?p=47867
Campaigning over, politicians await critical Greek vote 2012-05-05
(2012-05-05). (Reuters) -. By George Georgiopoulos and Karolina Tagaris. ATHENS (Reuters) - A ban on campaigning took effect in Greece on Saturday 24 ...
www.publicbroadcasting.net/..../Campaigning.over..politicians...
Greece Rises From The Ashes, No Longer In Default S&P Says
ATHENS , GREECE - MAY 5: Greek riot police stand guard at Greece's parliament buildings on May 5, 2010 in Athens, Greece. Three people have died after ...
www.forbes.com/.../greece-rises-from-the-ashes-no-longer-in-...
Golden Dawn in Greece?
Re: Golden Dawn in Greece? I noticed they got 9%. Wasn't that Alastair Crowley's party? Anonymous Coward User ID: 1225728. United Kingdom05/05/ 2012 ...
www.godlikeproductions.com/forum1/message1858631/pg1
DjFaceCrystal Club time Athens Greece 05.05.2012 (23:00h ...
DjFaceCrystal Club time Athens Greece 05.05.2012 (23:00h)
www.youtube.com/watch?v=OIIeqXdL6VM
Campaigning over, politicians await critical Greek vote
ATHENS, May 5 (Reuters) - A ban on campaigning took effect in Greece on ...Greeks are enraged by one of Europe's worst recessions since World War Two ...
www.reuters.com/.../greece-election-idUSL5E8G50RG201205...
Greeks Weigh Austerity, Discontent Ahead of May 6 Elections
Greek voters are heading into a general election Sunday wondering whether mainstream politics ... May 05, 2012 ... Dominic Laurie | Rethimno, Crete,Greece ...
www.voanews.com/.../Greeks-Decide-How-to-Vote-Ahead-of-...
Solidarity Action: 12 Hours for Greece, May 16/12 | Keep Talking ...
An event to show solidarity with Greek people in times of crisis is organized in Brussels on May 16, 2012. “12 Hours for Greece, is a unique way to discover...
www.keeptalkinggreece.com/.../solidarity-action-12-hours-for...
(Complete) Earthquakes list May 5, 2012
EMSC, Dodecanese Islands, Greece, May 05 03:21 AM, 2.7, 6.0, MAP · I Felt It. EMSC, Western Turkey, May 05 02:57 AM, 3.9, 5.0, MAP · I Felt It. USGS, Bering ...
earthquake-report.com/.../complete-earthquakes-list-may-5-20...
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