Reuters
By Renee Maltezou ATHENS, June 4 (Reuters) - A year after it turned to the EU and the IMF for a bailout, Greece is struggling to meet targets and convince its lenders it deserves extra funding to buy it more time to resolve its debt crisis. ...
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From Slow Growth to No Growth
The Weekly Standard
The US economy might be on the verge of a double-dip recession, while Europe is paralyzed by a massive debt crisis afflicting the governments on the periphery of theeurozone. Alarming as they are, both of these stories are just part of an even ...
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The Weekly Standard
Market Oracle FREE Newsletter
The Market Oracle
Is the bank underperformance signaling that we are on the verge of a new banking crisis, most likely linked to the possibility of European debt restructurings? Or perhaps it is linked to the coming end of QE2 and consequential tightening in the ...
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drowning in Europe's fruit salad
Kathimerini
He believes the Greek debt crisis and the threat it poses to the euro is just the latest in a long list of challenges that the EU, which traces its roots back to the European Coal and Steel Community founded in 1951, has faced in its long history. ...
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Gold Looking for Direction Amid Polarized Financial Markets
Daily FX
Downward momentum was abruptly cut short with the reemergence of the Euro Zone debt crisis as a headline theme mid-month. With markets suddenly preoccupied with the prospect of a Greek default and the political wrangling around a second EU/IMF aid ...
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Market Watch
Barron's
Meanwhile, the European Central Bank has recently started tightening interest rates, despite theeuro-zone sovereign-debt crisis continuing to rage on. Lastly, China and other Asian central banks have been tightening policy for many months. ...
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slowdown worries spur flight to safety
Financial Times
By contrast, recent concerns over the debt crisis in peripheral eurozone nations showed signs of easing, amid growing expectations that a fresh bail-out deal would be agreed for Greece. “It seems like fears about the Greek sovereign debt crisis have ...
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EQUITIES WEEK AHEAD: Tech Conferences, OPEC Meeting
Wall Street Journal
They are expected to discuss the euro-zone debt crisis as well as the US's own debt problems. Merkel has long advocated the importance of the International Monetary Fund, of which the US is the largest contributor, in solving Europe's debt crisis. ...
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Currencies and Metals Outlook for June 3, 2011
Inside Futures
Bullish factors still include (1) the action by Moody's Investors Service to put Japan's debt rating on review for a downgrade, (2) increased safe-haven demand due to the ongoing European sovereign-debt crisis, heightened Middle East tensions, ...
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Resourcehouse Pulls Latest Hong Kong IPO Effort
Wall Street Journal
Resourcehouse's decision comes after concerns the debt problems in the euro zone and slower growth in China would take a toll on demand for commodities. But investors were also discouraged by the company's weak financials, analysts said. ...
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Redwood: The origins of the euro crisis
Investment Week
That has to be tackled, as there will be limits to the patience and the amount of money the EU and the IMF can throw at this problem. The origins of the crisis stem from the establishment of the single currency. Its architects knew to have a sound ...
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US dollar cracking at the seams
Malaysia Star
Against the backdrop of the tragic earthquakes and tsunami that hit Japan, the political turmoil of the Arab spring' gripping much of Middle East and North Africa (MENA), and growing uncertainties emanating from euro-zone sovereign debt crisis, ...
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Campaigning ends in Portuguese election
euronews
Portuguese leaders made a final plea for votes on Friday ahead of Sunday's elections as investors fret whether Lisbon can contain its sovereign debt crisis. Polls put the opposition centre-right Social Democratic Party, led by Pedro Passo Coelho, ...
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euronews
Monday Morning Outlook: Two Critical VIX Levels to Watch
Schaeffers Research
With the US economic recovery apparently on the skids, euro-zone debt issues still up in the air, and new political turmoil bubbling up in Japan, traders opted to sell first and ask questions later. Now that anxiety on the Street has ratcheted up to 11 ...
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Gary Dugan sees global malaise
Business Intelligence Middle East (press release)
And meanwhile thousands of protestors are on the street complaining about the suggested cuts to government spending proposed by the IMF and the Euro zone plus the excesses of the previous political regimes. The cost of insuring Greek debt against ...
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Towards a Worldwide Inflaitonary Depression
Center for Research on Globalization
Today's worldwide crisis centered in the US, UK and Europe did not have to happen. It was not caused by incompetence and greed. It was designed to destroy the economic and financial system to a point where the inhabitants of these countries would beg ...
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Center for Research on Globalization
Why you must read the fine print of 'cheap money'?
Equitymaster.com
There is novel way of looking at the European debt crisis. Think of Germany and Greece as a troubled couple at the brink of divorce. The reason for the turmoil, like most things in life, is money. If you rewind back to the 19th century you would find a ...
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US Interest Rates and Stock Indexes- Outlook for June 3, 2011
Inside Futures
While those bullish factors are still in play, the market is concerned from rising fuel prices, the European debt crisis, the Japanese disaster, and uncertainty about the impact of monetary tightening in China and Europe. The S&P 500 is trading at a ...
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Jobs, Romney, Syria, Groupon, Gmail Attack
Wall Street Journal
The results of Europe's latest round of bank "stress tests"—meant to help defuse the Continent's financial crisis by easing fears that many banks are vulnerable to huge unforeseen losses—were postponed until July as European regulators worried that ...
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A Batch Made in Heaven?—A Thirst for Craft Beers
Barron's
Greek bond yields and the cost of insuring Greek debt against default fell sharply after the country's prime minister, George Papandreou, presented to a euro-zone finance official a revised budget plan calling for deeper austerity measures. ...
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Is France's Christine Lagarde the one to rescue the global economy?
CTV.ca
Mr. Strauss-Kahn was a bold reformer, pushing the IMF into the developing world, and away from the laissez-faire rigidities that had earned it that world's enmity; he had been quietly pushing Europe to deal with the crisis's underlying causes. ...
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Globalisation: Spinning into reverse
The Guardian
It will probably take another, defining crisis, before that happens. The only way to continue the mission is to secure legitimacy from the people, messy as that may be. Messy! One can visualise the editorial nose twitching with distaste when he/she ...
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Stocks Fell for the 5th Consecutive Week on Grim Data (AAPL, BAC, CSCO, CVX, F ...
TradersHuddle.com
European closed higher with the DAX outperforming, as the EU was racing to draft a fresh bailout package for debt-stricken Greece to release vital loans next month and avert the risk of the country defaulting. On economic news, reports continue to show ...
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Background Notes : France
Military & Aerospace Electronics
Real GDP increased by 1.5% in 2010 after falling 2.5% in 2009 due to the economic crisis. The government expects that GDP will grow 2.0% in 2011 and 2.25% in 2012. The Organization for Economic Cooperation and Development (OECD) upgraded its forecast ...
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Greece likely to get aid tranche, extra funding
Business Standard
But the ECB has fought that idea, fearing it would trigger a violent chain reaction in financial markets far beyond Greek borders, and provoke a crisis among European banks which hold large sums in Greek debt. A source involved in the negotiations said...
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Business Standard
European stocks drop on US data
Taipei Times
The European Central Bank (ECB) is likely to raise interest rates next month even as Greece's worsening debt crisis clouds the economic outlook in the run-up to next week's policy meeting. All 51 economists forecast the ECB will keep the benchmark rate ...
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US jobs disappointment weigh on markets; euro shored up by Greek bailout hopes
Washington Post
However, a fairly positive assessment of Greece's attempts to deal with its debt crisis helpedEurope's main markets close modestly higher. The FTSE 100 index of leading British shares closed up 0.1 percent at 5855.01 while Germany's DAX rose 0.5 ...
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Euro Buys Time!
Forex Market
As the US markets just get back in to the swing of things after yesterday's Memorial Day holiday, the markets are decidedly higher after hope of a resolution in the Euro zone debt crisis has increased. News out of the EU is that there will be a ...
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Portugal poised to oust ruling Socialists
Oman Daily Observer
“This election is about choosing between protecting social protection networks even as we resolve this crisis or, as the right wants to do, taking advantage of the crisis to dismantle them,” he said. The early election was triggered by Socrates' ...
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Oman Daily Observer
Asian currencies gain on rising rates and US risk
Taipei Times
The euro gained the most against the US dollar in four months this week after Greece was given more assistance to address its debt crisis, boosting confidence the region's nations will be able to meet their obligations. Europe's shared currency reached ...
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A Random Walk Through the Minefield
Jutia Group
At a minimum, Europe is in for years of expensive “therapy.” And we have not even gotten to their version of their health-care and pension crisis. The euro appears to me to be a massive short. (Note: I and my family leave the eurozone [Tuscany] June ...
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XE.com - FACTBOX-Coming events in euro zone debt crisis
News Providers: Thompson Financial, AP, XFN-Asia, Daily FX, Reuters Date format: yyyy-mm-dd. Refresh Articles ... the debt crisis in the euro zone: GREECE: ----- -- ... ministers and Ecofin meeting of EU finance ministers in. Luxembourg ...
www.xe.com/news/2011/06/.../1942365.htm?...
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