 BusinessWeek By Sarah Jones on May 08, 2012 European stocks dropped after the leader ofGreece's biggest political party failed to reach an agreement on a new government following the weekend's elections. National Bank of Greece SA led a selloff in banks, ... See all stories on this topic » | ||
| German Bunds Advance on Greece Stalemate; Yields Drop to Records BusinessWeek By Lucy Meakin and David Goodman on May 08, 2012 German bunds advanced, pushing yields down to records, as Greek political leaders struggled for a second day to form a new government after inconclusive elections on the weekend. See all stories on this topic » | ||
| In Europe, a storied way of life comes under threat as economic gloom deepens Orlando Sentinel (AP Photo/Alastair Grant, file) (Alastair Grant, AP / May 08, 2012) Elections in France and Greece reflect the anger and disillusionment coming to the surface across Europe as an entire way of life is challenged. The European landscape is undergoing ... See all stories on this topic » | ||
| Stocks fall as Greece struggles to form government The Olympian By DANIEL WAGNER | AP Business Writer • Published May 08, 2012 NEW YORK – Political uncertainty in debt-hobbled Europe spread to financial markets Tuesday and pushed stocks sharply lower in Europe and the United States. The Dow Jones industrial average ... See all stories on this topic » | ||
| Greek Default Risk Returns as Bond Maturity Nears BusinessWeek By John Glover and Anne-Sylvaine Chassany on May 08, 2012 Two months after forcing through the biggest-ever sovereign bond restructuring, Greeceonce again faces the prospect of becoming the first developed nation to default on its debt. See all stories on this topic » | ||
| EU Uses Hollande, Greek Tumult to Preach Growth BusinessWeek By James G. Neuger on May 08, 2012 The European Commission appealed for pro-growth policies after France's first power shift to a Socialist president since 1981 and Greece's electoral rebellion against austerity busted the budget-cutting consensus that ... See all stories on this topic » | ||
| TheCityUK Financial Services Report Highlights Improved Stability of UK Banks MarketWatch (press release) LONDON, UNITED KINGDOM, May 08, 2012 (MARKETWIRE via COMTEX) -- A new report from TheCityUK ( http://www.thecityuk.com/ ) has shown how UK banks have improved their capital and funding positions, and are in a stronger position than banks in other large ... See all stories on this topic » | ||
| WindSim AS Introduces WindSim Version 5.1 With Powerful Tools for Wind ... MarketWatch (press release) BOSTON, MA and TONSBERG, NORWAY, May 08, 2012 (MARKETWIRE via COMTEX) -- WindSim AS, a pioneer and leading provider of CFD (Computational Fluid Dynamics) technology used to optimize wind turbine placement, wind performance, and bankable AEP, ... See all stories on this topic » | ||
| Tuesday Newspaper Review - Irish Business News and International Stories ... FinFacts Ireland S&P's latest warning comes just hours after the election of Socialist Party candidate Francois Hollande as France's new president. The agency said the election had no immediate impact on its unsolicited sovereign credit ratings or the outlook on the ... See all stories on this topic » | ||
| Banks Battling European Debt Crisis Lose on African Deals BusinessWeek By Carli Cooke and Stephen Gunnion on May 08, 2012 The colonial ties that bound French and Portuguese banks such as BNP Paribas SA (BNP) and Banco Espirito Santo SA (BES) to Africa are being loosened by the European debt crisis. See all stories on this topic » | ||
| IBD Calls Out Establishment Press For Promoting 'Myth' of European 'Austerity' NewsBusters (blog) By Tom Blumer | May 08, 2012 | 10:47 In one of a virtually endless stream of such examples, a Monday Associated Press report by Elaine Ganley and Greg Keller on challenges facing newly elected French Prime Minister, Socialist Francois Hollande, ... See all stories on this topic » | ||
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| FTSE edges down as Europe elections digested Citywire.co.uk Britain's FTSE 100 weakens as UK investors react to general elections in France and Greece over the bank holiday weekend. by Max Julius on May 08,2012 at 09:08 Britain's FTSE 100 weakened on Tuesday as UK investors reacted for the first time to ... See all stories on this topic » | ||
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| London 2012 Olympics: US men's water polo team grouped with defending champion ... Washington Post (blog) By Matt Brooks US men's water polo team captain Tony Azevedo (R) trains for the London 2012 Olympics in Thousand Oaks, near Los Angeles, California, April 12, 2012. The team won the silver medal at the 2008 Beijing Olympics. See all stories on this topic » | ||
| Manchester City midfielder on road to success at Etihad Stadium GiveMeFootball.com By Mark Bollons May 08, 2012 Yaya Toure's ever-increasing influence at Manchester City is something that we can expect to see more of in seasons to come. That's the conclusion we can draw from his staring role for the Citizens in their 2-0 win over ... See all stories on this topic » | ||
| Uncertainty High, Dollar Firm Forex Pros By Marc Chandler | Market Overview | May 08, 2012 11:18AM GMT | 1 Comment The US dollar remains mostly firmer against major and emerging market currencies. Things are still up in the air. Soft UK housing price data and BRC sales figures have gotten the ... See all stories on this topic » | ||
| Foreign Policy: Europe's Not-So-Dynamic New Duo NPR by Benjamin Weinthal Activists wear masks featuring German chancellor Angela Merkel and incoming French socialist president Francois Hollande as they perform a fake marriage in front of the Brandenburg Gate in Berlin, on May7, 2012. See all stories on this topic » | ||
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| Wonkbook: Five ways to fix the euro zone Washington Post (blog) But just because Greece, Italy, Spain, Portugal and others have to rein in their budgets doesn't mean everyone in the euro zone necessarily has to follow suit. Joseph Stiglitz, for one, has called on wealthier countries such as Germany to invest more ... See all stories on this topic » | ||
| Obama Talks College Loans With Students WCTV Greece had an election over the weekend, and the cost of the government borrowing for 10 years rose 2.21%, from 20.74% to 22.95% by Anonymous onMay 8, 2012 at 12:25 PM in reply to Gerry by God Bless America on May 8,2012 at 08:27 AM College Students ... See all stories on this topic » | ||
| Uncertainty as Greek coalition negotiations continue New Statesman By Alex Hern Published 08 May 2012 Coalition negotiations are ongoing following the legislative elections in Greece on Sunday. The largest party, New Democracy, announced yesterday that it had failed to form a coalition after reaching out to every ... See all stories on this topic » | ||
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| The Countdown To The Break Up Of The Euro Has Officially Begun Hawaii News Daily In fact, Nicolas Sarkozy has become the 11th leader of a European nation to be defeated in an election since 2008. We have seen governments fall in the Netherlands, the UK, Spain, Ireland, Italy, Portugal and Greece. Whenever they get a chance, ... See all stories on this topic » | ||
| Safe as houses? Rising prices fuel German 'bubble' angst Reuters Given the continued uncertainty over the fate of the euro zone and choppy equity prices, German real estate has seemed a safe and attractive option for investors, not least for affluent Greeks and Italians anxious to shield their hard-earned savings ... See all stories on this topic » | ||
| Extreme Divergence- the tell-tale heart of bi-polar capital markets on the brink FXstreet.com Presently the Kondratieff Winter is taking hold in a big way in much of the worldbut few seem to notice. Many countries in Europe are now in the throes of a full blown depression including most notably Spain and Greece. Italy ,the UK and Portugal are ... See all stories on this topic » | ||
| The dollar slid against the yen FXstreet.com There is speculation the European Central Bank may provide euro zone banks with more liquidity in a third long-term refinancing operation after euro zone data, in both indebted and core nations, confirmed a worsening economic outlook. Italy's ... See all stories on this topic » | ||
| Flashy, fiery Sarkozy fades from French scene Houston Chronicle Sarkozy sought to cast himself as powerless: On the 2012 campaign trail, he repeatedly pointed to Europe's financial crisis — in places like Italy andGreece — that endangered the euro zone. He sought to cast himself as a "ship captain whose boat was ... See all stories on this topic » | ||
| Italians gamble through austerity Financial Times “Our business is resilient even in recession, not just in Italy but the wholeworld,” declares Marco Sala, chief executive of Lottomatica, Italy's largest gaming company and, through its US-based GTECH subsidiary, a global presence in the industry. See all stories on this topic » | ||
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