Today: EUROZONE Debt Crisis News, May 26, 2011

Search

ALS, Alexander Language Schools Franchise


May 26, 2011

EUROZONE Debt Crisis News, May 26, 2011

Oil off highs as euro slips on euro zone debt fears - Yahoo! UK ...
"Concern about Spain and Italy might be overblown, but the Greece issue is not going away, and ifGreece restructures, that may open the door for Ireland ( Berlin: IIK.BE - news) and Portugal. ... AGreek debt default would hurt other peripheral euro zone states and could push Portuguese andIrish debt into junk ...
uk.finance.yahoo.com/.../Oil-highs-euro-slips-euro-reuters_m...

Euro Dips As Euro Zone Debt Crisis Rages On

Wall Street Journal

As a result of the continent's unresolved debt crisis, the European Central Bank's campaign to raise borrowing costs in a bid to contain inflation is no longer providing the single currency with the support it did just weeks ago. However, that the euro ...

See all stories on this topic »
Europe's Split on Debt Crisis Hardens
Wall Street Journal
Learn More Since the debt crisis emerged in early 2010, nearly all of official Europe had maintained a euro-zone debt default of any flavor was unthinkable. National leaders feared a loss of prestige and a hit to confidence in the region. ...
See all stories on this topic »

Gold May Gain for Fourth Day as European Debt-Crisis Concern Stokes Demand
Bloomberg
Photographer: Qilai Shen/Bloomberg Gold may gain for a fourth day in New York as concern aboutEurope's debt crisis spurs demand for a protection of wealth. Christian Noyer, a Governing Council member of the European Central Bank, yesterday ruled out a ...
See all stories on this topic »
Why Not A Wealth Tax?
Wall Street Journal (blog)
By Matthew Dalton The sovereign-debt crisis has forced euro zone leaders to come up with creative ways for governments to reduce their budget deficits and cut their debts. So why not a wealth tax? Though such a tax is probably not politically feasible ...
See all stories on this topic »

Overview: Eurozone debt crisis keeps mood fragile
Financial Times
However, lingering concerns over eurozone sovereign debt kept the mood in the markets fragile. Brent crude oil climbed more than $2 to $112 a barrel after Goldman Sachs called a bottom to the recent commodities correction and raised its forecast, ...
See all stories on this topic »

ECB Rate Rise Still Supports Euro, Even As Debt Crisis Festers
NASDAQ
By Bradley Davis, Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Even as the periphery of the euro zone descends further into crisis, European Central Bank watchers believe the bank is poised to plow full-speed ahead in increasing key interest rates. ...
See all stories on this topic »

Euro zone wonders which economy will be the next to fail
GlobalPost
The epicenter of Europe's crisis remains in Greece however. The 110 billion euro($155 billion) rescue package that Athens secured last year from the EU and IMF has failed to assure markets that the country will be able to pay back its debts. ...
See all stories on this topic »
GlobalPost

Nikkei edges lower on Europe debt worries, Toyota climbs
Reuters
By Ayai Tomisawa TOKYO, May 25 (Reuters) - Japan's Nikkei share average edged lower to trade near five-week lows on Wednesday on worries about the euro zone debt crisis and a slowdown in the US economy, but Toyota gained on reports of a ...
See all stories on this topic »

Greek PM seeks consensus, faces anti-austerity rally
Reuters
By George Georgiopoulos and Renee Maltezou ATHENS, May 25 (Reuters) - The Greek government sought consensus on Wednesday for tough measures to exit the debt crisis as Greece's EUcommissioner warned that its euro membership was at risk if it failed to ...
See all stories on this topic »

ECB Stark: Europe Must Be Stronger After Debt Crisis
NASDAQ
BERLIN -(Dow Jones)- High public debts and imbalances between economies in the euro zone were clear shortcomings of the currency bloc even before it was gripped by a debt crisis last year, ECB executive board member Juergen Stark said Wednesday. ...
See all stories on this topic »

Ireland has two years to put its house in order, says ratings agency
The Guardian
... abandoned when it joined the eurozone in 2001. Speculation has gripped financial markets in recent weeks that even fresh financial assistance from the European Union and the International Monetary Fund will not solve Greece's mounting debt crisis. ...
See all stories on this topic »
The Guardian

CORRECT: Asian Shares End Lower; Shanghai Extends Losing Streak
Wall Street Journal
The potential for a slowing economy hitting domestic demand growth for imported commodities and stronger concerns over Europe's unfolding sovereign debt crisis hit ports and shipping firms. China Cosco Holdings dropped 0.9%, China Shipping Container ...
See all stories on this topic »

Ireland Finding Back Door To Currency Devaluation - Analysts
Wall Street Journal
DUBLIN (Dow Jones)--Ireland is finding a back door way to devaluation within the euro currency area by dramatically cutting its labor and other business costs during the country's deep debt crisis, analysts said Wednesday. ...
See all stories on this topic »

Vince Cable rebuked by No 10 as he stirs euro crisis
Telegraph.co.uk
By James Kirkup, and Andrew Porter 6:20AM BST 25 May 2011 Downing Street quickly made it clear that the Liberal Democrat Business Secretary was not authorised to set out government policy on the eurozone crisis. In comments that left the Chancellor and ...
See all stories on this topic »
Telegraph.co.uk

Euro debt continues to hound local stocks, peso
American Chronicle
By Krista Angela M. Montealegre, The Manila Times, Philippines May 25--PHILIPPINE share prices on Tuesday extended their decline as investors opted to play it safe amid concerns over Europe's debt crisis. At the Philippine Stock Exchange, the composite ...
See all stories on this topic »

METALS-Copper extends gains, but euro debt woes cap rise
Reuters Africa
By Carrie Ho SINGAPORE, May 25 (Reuters) - London copper rose more than 1 percent on Wednesday, extending gains from the previous session in a rebound spurred by technical buying although worries about Europe's debt crisis and slower Chinese demand ...
See all stories on this topic »

Don't Fret Over Europe's Debt Crisis; Oil Prices Will Bounce Back (USO, OIL ...
ETF Daily News
And second, this tells us that the pressure ends when the debt crisis abates. This is not oil-market-induced pressure. It is exogenous to the market. We can, of course, point out that the weight of debt can depress the demand expectation and, ...
See all stories on this topic »

The IMF's Emerging Conflict
Wall Street Journal
A new managing director's most pressing role will be to solve the euro-zone debt crisis. But equally vital for his or her tenure will be reshaping the organization to ensure emerging economies are fully engaged.
See all stories on this topic »

TSX may open higher on rising metal prices
Reuters
US stock index futures fell as signs the US economic recovery may be slowing and worries about theeuro zone's debt crisis weighed on sentiment. [.N] * European shares turned positive with investors buying beaten-down bank stocks. Traders said the euro ...
See all stories on this topic »

Europe's sun belt rich move more cash to London
Reuters
By Chris Vellacott LONDON (Reuters) - The tycoons of Europe's troubled southern periphery are buying up homes in London's billionaire enclaves and shifting cash to the City's banks as they flee the euro zone's debt crisis. Estate agents report buyers ...
See all stories on this topic »
Reuters

Slovak FinMin eyes debate on 'soft' Greek restructure
Reuters
Miklos, a fiscal hawk in the centre-right government of Iveta Radicova, said financial loans alone were not a cure to the euro zone debt crisis. Greece kick-started a stalled privatisation programme on Monday and promised tougher austerity measures and ...
See all stories on this topic »

European Stock Futures Drop; Technology, Travel Shares May Move
San Francisco Chronicle
Meanwhile, Jean-Claude Juncker, who heads the group of euro-area finance ministers, said he is strongly against a full restructuring of Greece's debt. Euro-region countries may take further steps to help Greece with its debt crisis if the country meets ...
See all stories on this topic »

ECB figures press politicians on economic reforms
AFP
The ECB is at loggerheads with EU political leaders over how to resolve a debt crisisthat analysts fear could spread from Greece to much bigger eurozone countries like Italy and Spain. Stark said indiscriminate use of financial safety nets was "more ...
See all stories on this topic »
AFP

US STOCKS-Futures fall on growth concerns; data in focus
Reuters
By Angela Moon NEW YORK, May 25 (Reuters) - US stock index futures fell on Wednesday, extending the previous day's slide, as signs the US economic recovery may be slowing and worries about the euro zone's debt crisis weighed on sentiment. ...
See all stories on this topic »

FTSE struggles
Irish Examiner
The pound was up at 1.16 against the euro, which was weakened by the eurozone debt crisis. Sterling was also up against the dollar, at 1.63, after being buoyed by trade figures that showed an increase in exports. Retailers also weighed on the top ...
See all stories on this topic »

Czech crown falls to lowest level since January
Reuters
PRAGUE, May 25 (Reuters) - The Czech crown EURCZK= fell to its lowest against the euro since January on Wednesday, dropping with other emerging European currencies as the euro zone's debt crisis rattled investors. The crown fell 0.2 percent from ...
See all stories on this topic »

Daily Forex Summary on USD, Euro, GBP, JPY, AUD, CAD and NZD
International Business Times
The AUD fell against all 16 of its major peers, touching a five-week low against the dollar as concerns that Europe's debt crisis will worsen reduced demand for higher-yielding, but riskier, assets. Australian construction also slowed by 0.7% in the ...
See all stories on this topic »

OECD sees growth firm, but risks abounding
Reuters
The effect would be all the more damaging if coupled with a bigger-than-expected slowdown in China, a spiraling sovereign debt crisis in Europe and/or persisting uncertainty over budget policies in the United States and Japan, the OECD warned. ...
See all stories on this topic »
Reuters

Gold holds steady as US dollar rises agaisnt euro
Proactive Investors UK
Meanwhile, demand for safe haven assets remains high with traders fearing that Greece will have to default on its debt, which could hurt the credit ratings of other peripheraleuro zone countries, further worsening the debt crisis in Europe. ...
See all stories on this topic »
Proactive Investors UK

Treasurys flip-flop after Greece comments
MarketWatch
The euro fell and Treasury prices gained after Reuters and an Athens news agency reported thatEuropean Union Fisheries Commissioner Maria Damanaki said Greece must take tough measures to deal with its debt crisis or it will have to return to the ...
See all stories on this topic »

Wall Street On Weak Course
RTT News
Recent headlines concerning the sovereign debt crisis in Europe, the volatility seen in the commodity space and weak guidance issued by retailers generated weakness in recent sessions and this has pushed the markets into red in the previous three ...
See all stories on this topic »
RTT News

World stocks, euro slip on euro zone debt crisis (Reuters) | Stock ...
By Editor - Stock Markets News
LONDON (Reuters) – World stocks fell while the euro headed toward a two-month low on Wednesday on concerns about the euro zone's spreading debt crisis and the potential for a further reduction of positions in risky assets. ... Europe's policy options to avert a Greek debt default appear to be dwindling fast, casting a pall over the single currency and fuelling fears of a chain reaction in other heavily-indebted countries in the 17-nation euro area. ...
Rocket News - http://www.rocketnews.com/

Euro debt woes could be solved by delisting banks — RT
By RT
With Russian economic growth threatened by Eurozone debt concerns Business RT spoke with Professor Patrick McNutt from Manchester Business School about the possible outcomes. RT: Will the debt crisis in the euro zone hurt financial markets the way Lehman Brothers did following its collapse? PN:”Indeed there is every possibility that it could, and we have to be very careful that thisEuro crisis is structured carefully.However having said that if you look at the value of ...
News RSS : Today - http://rt.com/news/today/

Euro crisis, inflation sap consumer confidence - The Local
The eurozone debt crisis and higher energy prices have sapped German consumer sentiment, resulting in a third consecutive drop in the GfK index, the research institute said on Wednesday. ....News from the Goethe-Institut. Towards Better Children's Television – The Prix Jeunesse International The Prix Jeunesse is the highest honour that can be bestowed on children's television productions. ...
The Local - Germany's news in English - http://www.thelocal.de/'

Gold and Dollar Pop on Euro Debt Crisis « Republic Monetary ...
By SiteOwner
Republic Monetary Exchange News Blog · Home · About. 25May/11Off · Gold and Dollar Pop onEuro Debt Crisis. Seeking Alpha. A year after Greece received a € 110 billion ($158 billion) bailout package from the European Union and IMF, the resurgence of the European debt crisis serves to illustrate that you can not cure ...
Republic Monetary Exchange News Blog - http://www.republicmonetaryexchangenewsblog.com/

Europe on the brink: Financial meltdown ahead | eats shoots 'n leaves
By richardbrenneman
Italy has escaped the brunt of the euro zone debt crisis that has engulfed Greece, Ireland and Portugal, due largely to a prudent fiscal policy and low levels of private debt. But if markets begin to focus more on the ... And this from particularly ominous news from Keep Talking Greece: Greek Prime Minister George Papandreou describes as 'insulting' the demands by some EU countries to put islands and monuments as guarantee for a new loan. Speaking to Italian newspaper ...
eats shoots 'n leaves - http://richardbrenneman.wordpress.com/

Greek PM still seeks consensus, EU/IMF inspectors back | WorldNews
By admin (online)
He said he was determined to keep Greece in the euro zone, where the financing crisis sparked by Greek admissions in 2009 that its debt was much bigger than previously acknowledged has spread to engulf Ireland and Portugal and threaten ...
WorldNews - http://worldnews.cronews.net/

Oil off highs as euro slips on euro zone debt fears (Reuters ...
By Yahoo! News: Business - European Economy
Reuters - The euro slipped back toward a two-month low and oil prices fell on Wednesday as a rally the previous day fizzled on fears about Europe's spreading debt crisis and the potential for a further reduction of positions in risky ...
Wall Street Financial News - http://www.wallst.net/

Gold and Dollar Pop on Euro Debt Crisis | www.bullfax.com
By marketmaker
European Union finance ministers agreed an emergency loan package on Monday that with IMF support could reach 750 billion euros ($1000 billion) to prevent a sovereign debt crisis spreading through the euro zone. ...
Bullfax.com - Market News & Analysis - http://www.bullfax.com/

Euro slips to two-month low as Greek debt fears worsen | Firstpost
Singapore: The euro fell back towards a two-month low and oil prices slipped on Wednesday on fears about Europe's spreading debt crisis and the possibility of a further reduction of positions in risky assets. Asian stocks also fell, tracking weakness ... A Greek debt default would hurt other peripheral euro zone states and could push Portuguese and Irish debt into junk territory, Moody's said on Tuesday, warning it would classify most forms of restructuring as a default. ...
Firstpost - http://www.firstpost.com/

The Trade: Gold and Dollar Pop on Euro Debt Crisis (NYSE:GLD, NYSE ...
By David Bettencourt
Since Greece is the first of the three Euro Zone countries accepting the IMF- Europe rescue, given the similar debt and GDP projections (Fig. 1), future crisis could be expected to erupt in Ireland and Portugal, which followed Greece ...
ETF DAILY NEWS - http://etfdailynews.com/

EU Commissioner‎ Damanaki: Greece Must Sacrifice or Leave Euro ...
By Apostolos Papapostolou
EU Commissioner‎ Damanaki: Greece Must Sacrifice or Leave Euro. Posted on 25 May 2011 by Apostolos Papapostolou. Greece must make sacrifices to overcome its debt crisis or face the risk of leaving the eurozone and returning to the ...
Greece.GreekReporter.com Latest... - http://greece.greekreporter.com/

Don't Fret Over Europe's Debt Crisis – Oil Prices Will Bounce Back ...
Don't Fret Over Europe's Debt Crisis – Oil Prices Will Bounce Back. May 25, 2011 . By Kent Moors, Ph.D. The volatility in the oil market has notched up this week , courtesy of another bout with debt jitters in Europe. ... Despite the protracted concern and distraught remarks from the tube's talking heads, the debt situation will resolve. If it does not, the entire Eurozone is in peril. And despite the angst that possibility prompts, the likelihood of that is remote . ...
The Wall Street Examiner - http://wallstreetexaminer.com/

Macro EU: Dead on Arrival | 1913 Intel
By Matt
Speculation about an exit by Greece from the euro-zone had to be avoided at all costs, in the interest of the euro-zone.” Denials and lies — this has become the EU's arsenal. The reality is … the EU is unwilling to accept the fact that it has ... For SURE … the debt-deficit crisis is NOT “contained”, as Olli Rehn would have us believe. We have been pounding the table for years, screaming that the problems facing Greece, Ireland, and Portugal, will look like CHILD'S PLAY, ...
1913 Intel - http://www.1913intel.com/

To Save the Euro, Germany Has To Quit the Eurozone - New Economic ...
By Economic Perspectives from Kansas City
But let me tell you, there is no crisis of the euro as such. This is a debt crisis. Let me say this very clearly again. The euro is our currency. And it is much more than just a currency. It is the embodiment of Europe today. .... Consequently, the German government can offset the external shock by running large government budget deficits, which will add new net financial assets to the system (adding to non government savings) available to the private sector. ...
New Economic Perspectives - http://neweconomicperspectives.blogspot.com/

Macro E.U. - D.O.A. | Credit Writedowns
By Guest Author
"It was done in the interest of the people who use the euro as their common currency. The denial immediately prevented further speculation in the markets. Speculation about an exit by Greece from the euro-zone had to be avoided at all costs, ... The EU is still ... FAR ... from 'hitting bottom'. For SURE ... the debt-deficit crisis is NOT "contained", as Olli Rehn would have us believe. We have been pounding the table for years, screaming that the problems facing Greece, ...
Credit Writedowns - http://www.creditwritedowns.com/

NewsDaily: OECD sees growth firm, but risks abounding
By Leigh Thomas
NewsDaily: Your best source for breaking news ... It was also slightly more optimistic about the outlook for growth in the euro zone, forecasting the bloc's economy would expand 2.0 percent in 2011, up from 1.7 percent in November. ... The effect would be all the more damaging if coupled with a bigger-than-expected slowdown in China, a spiraling sovereign debt crisis in Europe and/or persisting uncertainty over budget policies in the United States and Japan, the OECD ...
NewsDaily: Top Headlines - http://newsdaily.com/?q=Save+Us+From+Berlusconi

Gold hits 3-week high on euro zone debt jitters - Usagold.com
By News
Gold hits 3-week high on euro zone debt jitters. May 25th, 2011 10:46 by News. by Pratima Desai May 25, 2011 (Reuters) — Gold hit a three-week high on Wednesday, boosted by fears about thedebt crisis in euro zone countries such as Greece while the ... 00-800-8720-8720 (EU). 303-399-6759 (Fax). admin@usagold. com. Office Hours 6:00am - 5:00pm (U.S. Mountain Time) Monday - Friday. American Numismatic Association Member since 1975. Industry Council for Tangible Assets...
USAGOLD News and Views - http://www.usagold.com/cpmforum/

Eurozone Debt Crisis, Euro Dead on Arrival :: The Market Oracle ...
Eurozone Debt Crisis Deepens Sending Euro Lower and Gold to New Record at EUR ..... Against the negative backdrop of ratings news, macro-economic weakness, ...
www.marketoracle.co.uk/Article28317.html

World stocks, euro slip on euro zone debt crisis - Yahoo! News
World stocks, euro slip on euro zone debt crisis ... Europe's policy options to avert a Greek debt default appear to be dwindling fast, casting a pall over ...
news.yahoo.com/s/nm/20110525/bs.../us_markets_global_8

Alexander Language Schools

Aesop' Fables, Kindle, Online, Digital, Electronic   Alexander Dictionary of English Idioms, English-French  Under the Sun by Harry ElektronAlexander Dictionary of English Idioms, English-Swedish   Alexander dictionary English Vietnamese, Kindle, Electronic, Digital Online
Enhanced by Zemanta

No comments: