| Mexico Peso Has Biggest Weekly Gain Since January 2010 on Greece BusinessWeek By Andres R. Martinez July 1 (Bloomberg) -- Mexico's peso posted the biggest weekly gain since January 2010 as concern eased that Greece would be unable to resolve its debt crisis. The peso advanced 2.5 percent this week to 11.6071 per US dollar at 5 ... See all stories on this topic » | ||
| Australian dollar weaker with renewed concern Greece could default on loan Herald Sun THE Australian dollar was weaker today on renewed concerns about Greece's debt, after a credit rating agency warned that the latest bailout deal could still amount to a default. At 7am (AEST) today, the dollar was trading at 107.35 US cents, ... See all stories on this topic » | ||
| Bovespa Extends Longest Rally Since April on Rate Bets, Greece Bloomberg Forty-three stocks climbed on the index today while 24 fell. The real strengthened 0.2 percent to 1.5530 per dollar. “The market is believing that the central bank's strategy will be sufficient, not just to control inflation, but to control the pace of ... See all stories on this topic » | ||
| S&P Selective-Default Risk for Greece 'Surmountable,' HSBC Says San Francisco Chronicle French banks, with the biggest holdings of Greek debt, worked out a rollover formula that is serving as an example elsewhere, with two options for investors to replace their maturing securities. "I'm surprised by the statement today because we thought ... See all stories on this topic » | ||
| Greece Buys Time as Europeans Press to Conclude Bailout San Francisco Chronicle A proposed debt rollover plan for Greece may still put the country in "effective default," Standard & Poor's said today. "For markets, what matters is that Greece has got the money to navigate through the summer," said Silvio Peruzzo, an economist at ... See all stories on this topic » | ||
| Nowotny Says Banks Open, Raters 'Aggressive' on Greece Deal Bloomberg Standard & Poor's said today a bond-rollover plan drafted by French banks that serves as the basis for talks between investors and governments would qualify as a distressed exchange and prompt a “selective default” grade. “We have a somewhat strange ... See all stories on this topic » | ||
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| Greece Stops Canadian Ship From Going to Gaza, Coastguard Says Bloomberg The “Tahrir” left the port of Aghios Nikolaos before being followed, controlled and towed back to shore, the coastguard said in an e-mailed statement today. The ship is part of a flotilla aimed at breaking Israel's blockade of Gaza. Greece imposed July ... See all stories on this topic » | ||
| UK Summary: FTSE Flat In Directionless Trade: Greece In Focus Wall Street Journal ... direction expected from any economic data today we could very easily just drift sideways." Meanwhile, banks are in the red and add downward pressure. FTSE 350 banks index is down 0.9% as Greece remains in focus in light of comments made by S&P. ... See all stories on this topic » |
| The 48-hour strike continues in Greece today , Political News ... Thousands of Greek protesters rallied around Athens city center on Wednesday morning ahead of the vote which is critical to the 17th nation currency, ... www.ecpulse.com/en/.../06/.../two-day-protest-continues-today... |
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