 Reuters A few countries' financial markets are still facing turmoil and debt risks are still very prominent," Chinese Foreign Minister Yang Jiechi said. Italy, the euro zone's third-largest economy, has become embroiled in the crisis due to its huge public ... See all stories on this topic » | ||
| Zapatero Interrupts Spanish Vacation on First Day for Talks on Debt Crisis Bloomberg Political leaders are responding to the latest stage of the European debt crisis that has pushed Spanish and Italian 10-year borrowing costs above 6 percent, stoking concern they could become the next victims of Europe's debt crisis. ... See all stories on this topic » | ||
| Death by a 1000 Cuts or an EU Bond? CNBC.com Asked to sum up the European Union debt crisis in a single sentence over the weekend, I was forced to go with “death by a thousand cuts.” What has become clear to anyone who is not actually running a euro zone member state or a central bank in ... See all stories on this topic » | ||
| US Stocks Mixed Amid Continued Poor Economic Data New York Times Markets also fell in Asia and Europe, where officials tried to address growing investor concerns about the sovereign debt crisis. Two hours before the close of the trading session, the S.&P. index, which had spent most of the day in negative territory, ... See all stories on this topic » | ||
| Italy's economy minister, eurozone chief huddle CNN He praised his government provisions for dealing with the crisis and said that the Italian "family" and industrial debt is among the lowest in Europe. "Our government will continue to rule and will continue to push forward reforms ... that will push ... See all stories on this topic » | ||
| US data and Italy debt nerves hit European shares Reuters Compounding this were worries the debt crisis could be engulfing Italy, the euro zone's third-largest economy, as bond yields remained above 6 percent, a level seen as unsustainable. The STOXXEurope 600 Banks index reversed earlier gains to end 2.2 ... See all stories on this topic » | ||
| Euro Recovers as US Debt Deal Fails to Impress Investors Benzinga Spain currently has to offer higher interest to sell its debt than Italy, but Italy has much higher overalldebt levels, which is surpassed only by Greece among the Eurozone nations. On Wednesday, Italy started crisis talks with EU after yields on ... See all stories on this topic » | ||
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| Debt crisis to be focus in UniCredit results Reuters Fears are mounting that the euro zone crisis is spreading to Italy with its debt mountain, at 1.6 trillion euros ($2.28 trillion), one of the world's biggest. Many investors are targeting banking stocks as a proxy to cut exposure to the country. ... See all stories on this topic » | ||
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| PRECIOUS METALS: Refuge Demand Sends Gold To Record Above $1670 Wall Street Journal By Matt Day Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Gold futures continued their march into record territory Wednesday, with investors seeking a refuge as the euro-zone debt crisisand signs of sluggish global growth clouded the outlook for other ... See all stories on this topic » | ||
| European Debt Insurance Costs Mixed As Sovereigns Turn Wall Street Journal While the debt crisis remains in focus, European data and European Central Bank and Bank of England policy-setting council meetings Thursday could add to current credit market volatility. Among the backdrop of nervy investors in Europe, ... See all stories on this topic » | ||
| Can democracy solve the West's economic problems? TIME (blog) The zone's latest attempt to save the euro – the second bailout of Greece – has quickly proven to be yet another short-sighted effort, unable to calm short-term uncertainty let alone resolve Europe'sdestabilizing debt crisis. ... See all stories on this topic » | ||
| Mauritian Rupee Falls to One-Week Low as EU Debt Curbs Risk Bloomberg “Risk aversion has clearly increased amid growing concerns about the prospect of slow global economic growth and the persisting eurozone debt crisis,” Fabien Gebert, treasurer at GML, an investment group that says it's the country's biggest by revenue, ... See all stories on this topic » | ||
| Markets fall on EU debt crisis Examiner.com The contagion from the EU debt crisis has not been controlled as investors read the fine print of the latest deal to concerning Greece, Portugal, Ireland and the EFSF ( European Finance Stabilization Fund) which has powers to buy bonds on secondary ... See all stories on this topic » | ||
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| Swiss central bank battles to halt franc's rise MarketWatch But strategists expressed doubt the central bank will be able to stem the franc's rise as the euro-zone's debt crisis threatens Spain and Italy and concerns grow over the fragility of the US economic recovery. “The SNB will be well aware that it is ... See all stories on this topic » | ||
| Whatever George Osborne believes, Britain will spend years in the doldrums Telegraph.co.uk The debt crisis has come hurtling back to the eurozone, where only a week ago policy-makers were loudly proclaiming the problem largely solved. Predictably, Europe has blamed the wrecking ball of London and New York hedge funds, but even if it was ... See all stories on this topic » | ||
| Short EUR/USD at Weekly Low Forex News Now The Euro-Dollar pair continues to head south following the Greek bailout, as uncertainty over theEuro-zone's ability to save its potentially insolvent members has come into question. Now that thedebt crisis in the United States is resolved, ... See all stories on this topic » | ||
| Europe Factors-Shares set to tumble; ADP jobs data eyed Reuters The euro zone debt crisis was also in focus, with Italy and Spain feeling mounting pressure from markets over their debt problems. The two countries' bond yields hit their highest levels in 14 years on Tuesday while Italy's benchmark stock index FTSE ... See all stories on this topic » | ||
| ADR Report-European stocks fall on debt worries Reuters NEW YORK Aug 2 (Reuters) - Overseas shares traded in the United States fell on Tuesday as investors sold off stocks of European companies on concerns about the euro zone peripheral debt crisis. The BNY Mellon index of leading American Depositary ... See all stories on this topic » | ||
| Barchart Morning Call Inside Futures The dollar index yesterday posted a 1-1/2 week high and closed higher on increased safe-haven demand as the stock market slumped along with concerns that Europe's debt crisis may worsen: Dollar Index +0.251, USDJPY -0.058, EURUSD -0.00473. ... See all stories on this topic » | ||
| JGBs jump on global growth jitters, yields at 9-mth lows Reuters By Hideyuki Sano TOKYO, Aug 3 (Reuters) - Japanese government bond yields tumbled to nine-month lows on Wednesday and look set to fall further on escalating worries over anaemic growth in the United States and the euro zone's debt crisis, ... See all stories on this topic » | ||
| European Stocks Extend Falls On Economic Worries RTT News Concerns about the eurozone debt crisis have resurfaced amid rising borrowing costs for Italy and Spain. Meanwhile, the Swiss National Bank cut its interest rate and also announced supplemental measures to stem the sharp appreciation of the franc. ... See all stories on this topic » | ||
| Is August an Underestimated Crisis-Prone Month? CNBC.com If only European politicians had had better knowledge of history, they would have been alert to thecrisis odds in the month of August. Looking back through history, the month of August seems to have been a bad one for peace. ... See all stories on this topic » | ||
| Eurozone crisis: Failing the Healey test The Guardian First, the past month's focus on Washington as the locus of the sovereign-debt crisis has now shifted back to Brussels. Second, the fact that it now takes in Madrid and Rome could mean theeuro fiasco is about to escalate to a whole new level. ... See all stories on this topic » | ||
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| European Default Insurance Costs Continue To Rise On Peripheral Woes Wall Street Journal LONDON (Dow Jones)--The cost of insuring European sovereign and corporate debt against default using credit default swaps continued to rise Wednesday with investors increasingly worried about the ongoing debt crisis in the peripheral euro-zone bond ... See all stories on this topic » | ||
| Back to Macroeconomics: Seeing the Austerity Forest From the Debt Tree Seeking Alpha In the past 18 months, investors have been almost exclusively focused on the sovereign debtproblems of peripheral eurozone nations and, later, on the debt ceiling crisis in the US triggered by Republican intransigence. In Europe, the eurozone's ... See all stories on this topic » | ||
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| China voices confidence on euro zone debt as crisis spreads ... By fraaz News Comments (1095810http%3A%2F%2Fwww.pakistantoday.com.pk%2F2011%2F08%2Fchina-voices-confidence-on-euro-zone-debt-as-crisis-spreads%2FChina+voices+confidence+on+euro+zone+debt+as+crisis+spreads2011-08-03+18%3A24%3A14fraazhttp%3A%2F%2Fwww. pakistantoday ... BEIJING - China's foreign minister on Wednesday expressed concern over Europe's spreading debt crisis but also tried to boost confidence in Europe's efforts to fix its debt woes even as they threatened to engulf Italy. ... Pakistan Today | Latest news,... |
| Markets Rattled By Eurozone Debt Crisis - News Feed Centre By admin The FTSE 100 is enduring its 4th straight day of falls as world markets digest the latest threats in theeurozone debt crisis. To view this content you need Flash and Javascript enabled in your browser. Please download Flash from the Adobe ... The yield for the Spanish 10-year bond rose to 6.45% yesterday, the highest since the euro was created and near levels seen in Greece, Ireland and Portugal before they asked for rescue loans. Italy's bond yield jumped to 6.18% ... News Feed Centre |
| NewsDaily: World's private sector falters as debt crisis bites By Jonathan Cable The world's economy moved closer to stagnation last month as firms in Asia and Europe reined back in the face of an ongoing debt crisis and signs of a new U.S. slowdown, business surveys showed on Wednesday. NewsDaily: Top Headlines |
| Eurozone crisis mixes political summit with pantomime « Tribune ... By Ben Fox The eurozone crisis had its day in the sun last week with the “emergency” summit in Brussels. Against a backdrop of rising uncertainty and market speculation about the credit worthiness of Spain and Italy, and with Greece within weeks of bankruptcy, the summit gave Europe's leaders the ...Second, while the changes to the loan structure and new powers to the EFSF have de facto created a eurozone debt facility and Eurobonds, the fund doesn't have the cash to back this up. ... Tribune - Comment, news and reviews... |
| EU says capacity to solve debt crisis in doubt | Economy ... The European Union acknowledged on Wednesday that investors now doubt whether the euro zonecan overcome its debt crisis and Italy's Silvio Berlusconi called for more action to ward off market attacks. FP Top Stories List |
| Spanish, Italian markets slammed by investor fears (AP) | Stock ... By Editor - Business News MADRID – Investors battered Italian and Spanish financial markets on Tuesday, with the countries' borrowing rates hitting euro-era highs on. ... Coupled with lingering suspicions that the EU debt crisisplan will not be enough to stamp out the crisis, the fears about the U.S. soured market sentiment across the globe. .... Rocketnews is a leader in live news stories, a resource for daily news feeds. Rocketnews delivers the top stories and the latest RSS news feeds for: ... Rocket News |
| Rome starts crisis talks with Eurozone finance ministers ... By AHN AHN News Staff Rome, Italy (AHN) - Nearly a month after the Italian parliament approved a $62 billion austerity package, Finance Minister Giulio Tremonti on. ... The crisis came less than a month aftereurozone leaders approved a second bailout for Greece. Republic of Ireland and Portugal have also received international bailouts to help them resolve their debt issues. Despite have debt-to-GDP ratios at 120 percent, Italy, the eurozone's third-largest economy, ... GantDaily.com |
| Eurozone crisis fermentation Adds “new patient” | Finance online ... By admin Eurozone crisis fermentation Adds “new patient”. August 3rd, 2011 admin. Fortunately, the United States in the global. raise the ceiling for short-term progress in debt when the debt problems of theeuro area to the stage once again. In the “old wounded” suffered a series of rating ... Authority, according to EU data bank, only Bank of Cyprus to Greece, holding 2.4 billion euros of debt, and Muffin the public debt held by the Bank of Greece is as high as 34 billion euros. ... Finance online - Financial Advice|Fin... |
| Italian borrowing rates touch new record - MAARS News By Valkyries MILAN (AP) — Italy's borrowing rates touched a new euro-era high on Wednesday as a global market sell-off reignited fears that the debt crisis will engulf the eurozone's third-largest economy. photo: salon.com ... MAARS News |
| Italy, Spain on bailout precipice — RT By RT Europe's small countries feel their economies are being crushed under the weight of the eurocurrency crisis and bailouts for eurozone member states needing to be paid for. ... Italy's borrowing costs have hit a new euro-era high, having spiked 0.19 of a percentage point to 6.21 per cent on Wednesday, amid ongoing fears that Europe's debt crisis could spread to the country. Italy's Parliament passed a huge 43-billion-euro austerity package last month, but there is some ... News RSS : Today |
| Euro faces meltdown in the August heat - Hedge Analyst By theback9 Less than two weeks ago the leaders of the eurozone were looking forward to an August sunning themselves on the beach after concluding a deal that was supposed to resolve once and for all thedebt crisis on the fringes of the single ... Hedge Analyst |
| NewsDaily: Analysis: World poorly placed to meet new economic crisis By Andrew Torchia and Paul Carrel NewsDaily: Your best source for breaking news ... Last month, Brazilian and Indian directors of the IMF warned the Fund's management against pouring more large sums of aid into the euro zone debt crisis, while official Chinese media have denounced U.S. politicians as globally irresponsible over the debt ceiling dispute. These tensions may complicate G20 agreements on action in several areas: * Joint currency intervention. This is the most likely initial form of G20 ... NewsDaily: Business Headlines |
| Italy and Spain fight to avoid economic abyss | Set You Free News By Mario A. PS Europe. Spanish and Italian leaders are holding crisis talks today as the two countries' borrowing costs soar amid growing fears that the eurozone debt crisis may spread. And the “soft patch” in theeurozone recovery is set to continue throughout the ... Italian finance minister Giulio Tremonti is meeting Jean-Claude Juncker, who chairs euro area summits, to discuss Italy's plight – with Prime Minister Silvio Berlusconi due to address parliament after markets close. ... Set You Free News |
| Daily Digest 8/3 - Eurozone Crisis Resurfaces, TX Man Pays $15 for ... By saxplayer00o1 The Crash Course: An Interview With Chris Martenson Italy calls emergency meeting as eurozone crisis resurfaces Italian Banks Caught in Sovereign Debt Crossfire Zapatero Delays Vacation as Spanish Bond Yields Head for 7% Worsening euro crisis may force. ... A fresh wave of eurozonepanic prompted Italian authorities to call an emergency meeting on Tuesday and Spain's prime minister to delay his holiday as borrowing costs for the two nations hit fresh highs. ... Chris Martenson - Daily Digest |
| Gold hits record on global growth worries, Europe debt By Reuters SINGAPORE – Gold hit a record high on Wednesday as investors made a beeline for bullion to shelter from the impact on financial markets of the deteriorating outlook for the global economy andEurope's worsening debt crisis. ... "It seems to me that it hasn't reached the peak, and what the authorities have tried to do is postponing rather than preventing what the markets want to do with government credit in euro zone and maybe in the US," said the Singapore-based trader. ... Mining Weekly | Gold |
| Europe's Banks Oversold | Live Stock Trading News | Equities ... By Shayne Heffernan The currency has served as a refuge, along with gold, amid market turbulence driven by anxiety over a slowing U.S. economic recovery and Europe's debt crisis. Worries about Italy, the euro zone'ssecond biggest debtor, ... Live Stock Trading News | Equities,... |
| Italy under fire in widening euro debt crisis - Business - World ... Italy under fire in widening euro debt crisis ... sucking Europe's biggest debtor nation deeper into the euro area danger zone and prompting ... economic growth will make it even harder to overcome the euro zone's debt troubles. ... Commission spokeswoman Chantal Hughes told a news briefing, citing Italy and Spain. ... www.msnbc.msn.com/.../italy-under-fire-widening-euro-debt-... |
| Italy's Tremonti tackles debt crisis with eurozone's Juncker ... Italy's finance minister holds crisis talks in Luxembourg Wednesday with eurozone chief Jean-Claude Juncker, as Europe's biggest debtor after Greece faced ... www.eubusiness.com/news-eu/eurozone-bonds.bmu |
| WUKY: EU says capacity to solve debt crisis in doubt (2011-08-03) BRUSSELS/ROME (Reuters) - The European Union acknowledged on Wednesday that investors now doubt whether the euro zone can overcome its debt crisis and ... www.publicbroadcasting.net/.../EU.says.capacity.to.solve.debt... |
| EU says capacity to solve debt crisis in doubt (Reuters) | News ... ... now doubt whether the euro zone can overcome its debt crisis and Italy's Silvio ... Breakingnews, latest news. What's new, what's important in Europe. ... www.inthenews.eu/eu-says-capacity-to-solve-debt-crisis-in-do... |
