Today: FINANCIAL News, Money, Banks, Economic and Financial Crisis, Jun 22, 2011

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Jun 22, 2011

FINANCIAL News, Money, Banks, Economic and Financial Crisis, Jun 22, 2011

ABN Amro Wants Clarity on Greece Debt Aid Before Turning Bullish on Stocks
Bloomberg
The International Monetary Fund, contributor of a third of the bailout money for Greece, Ireland and Portugal, has warned European leaders that failure to take decisive action on the debt crisis risks triggering “large global spillovers.”
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Ask Stacy: Are Money Market Accounts Safe?
Money Talks News (blog)
Very few money market mutual funds have ever traded below their standard $1/share value. When that threatened to occur back in 2008 at the height of the financial crisis, the Department of the Treasury stepped in and offered FDIC-like insurance to ...
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“Economics of 9%,” Does the stock market know? U.S. is an “uneasy factor ...
Korea IT Times (press release)
The whole world is now facing a revolution owing to the aftermath of financial crisis. The "capitalism" lost capital owing to the financial crisis, and the government is nationalizing enterprises, banks and even individuals' debts, ...
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Uh-oh Canada
Financial Post
Canadians faced a number of economic challenges before the global credit crisis began, and it's not as if the recession made them vanish, Hodgson points out. Our productivity growth has historically been, at worst, half that of some of our fiercest ...
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Tuesday Newspaper Review - Irish Business News and International Stories ...
FinFacts Ireland
Meanwhile, authorities in Dublin welcomed the announcement that the European Stability Mechanism, the permanent crisis fund that will replace the EuropeanFinancial Stability Facility from June 2013, will not have preferred creditor status when it ...
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* High oil prices threaten to derail growth in China, India – IEA
Financial Times (blog)
“China and India are two most important economies which helped us get out of the economic crisis,” the IEA's Chief Economist Fatih Birol told Reuters. Nick Clegg will pledge to double British exports to Brazil by the end of this parliament as the ...
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Euro: Barometer Of Risk Appetite Forming A Top?
Daily Markets
When you accept that Europe has its own unique problems, just like the US and its burgeoning municipal debt crisis, it's hard to say how things will resolve. Who predicted the near collapse of the US financial system? And who predicted its amazing ...
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ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
HoweStreet.com
A housing crunch in Canada will not bring a financial collapse, as happened in the US. Greek default does not mean German banks keel over. Trillion-dollar US deficits will not cause hyper-inflation and a currency crisis. There are no FEMA camps being ...
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Markets off after no final deal on Greek aid
BusinessWeek
Eurozone finance ministers are meeting a second day Monday about the Greek debt crisis. Talks overnight did not produce a final agreement on the new loan money, or on a broader, second bailout. THIS IS A BREAKING NEWS UPDATE. ...
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Gold ticks up near 2-week high; Greek crisis brews
Economic Times
Financial markets are waiting for a confidence vote on the government in the Greek parliament later in the day, a step towards the passage of more spending cuts in exchange for foreign loans. A Reuters poll showed euro zone money markets would be ...
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