 The Australian Fears were further exacerbated after the President of the European Commission gave warning that the eurozone debt crisis was spreading and suggested that future bailout funds might need to be larger. In a letter to European governments, ... See all stories on this topic » | ||
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| Italy GDP posts modest pickup, seen slowing again Reuters Italian government bonds and shares have been pounded by markets in recent weeks, embroiling theeuro zone's third largest economy in the region's debt crisis. Markets have focused on Italy's political instability and dismal growth prospects, ... See all stories on this topic » | ||
| Global stocks recover after sharp fall Financial Express Bangladesh There have been sharp falls in the past 24 hours amid a crisis of confidence in the eurozone'sresponse to the debt crisis and concerns about weak economic recovery in the US and Europe. A fall in the US unemployment rate helped the benchmark Dow index ... See all stories on this topic » | ||
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| Europe stocks extend slide on global growth fears Reuters "We're in a crash configuration triggered by a confidence crisis. This is getting really serious," said Jacques Henry, analyst at Louis Capital Markets in Paris. "Forget sector rotations within equities, it's sad to say but there is no safe haven here. ... See all stories on this topic » | ||
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| Europe Factors-Shares set to sink as Wall Street plunges Reuters ... than 4 percent on Thursday and the Nasdaq lost 5 percent on escalating worries that the world's biggest economy is staring at another economic downturn and that Spain and Italy could become the next dominos to fall in the euro zone debt crisis. ... See all stories on this topic » | ||
| The recession fears behind the market meltdown Citywire.co.uk European Commission chief Jose Manuel Barroso warned at the same time that the crisis is spreading across Europe: 'It is clear that we are no longer managing a crisis just in the euro-area periphery,' Barroso warned in a letter to eurozone leaders. ... See all stories on this topic » | ||
| EU Morning Report- Dollar rose ahead of the Non Farm Payrolls data Easy-Forex Heightened risk aversion in the market as well as growing concerns over the US economic growth and the eurozone debt crisis resulted in the rise of the yen. Oil prices shed 8% sliding to 85.07 dollars a barrel from 92.45. Gold edged lower to 1640.05 ... See all stories on this topic » | ||
| Glass-Steagall Needed Now To Avert Global Dictatorship Executive Intelligence Review (EIR) Whether this existential crisis in the United States is overcome by a two-tier banking system in the tradition of Franklin Roosevelt, or whether events lead to a worldwide conflagration, may well be decided this very week. Meanwhile, in Europe ... See all stories on this topic » | ||
| METALS-Base metals slide on slowdown fears Reuters World leaders moved to address the turmoil, which has been driven by fears the world economy is slipping back into recession and by the inability of policy makers in Europe to extinguish the debt crisis engulfing the region. However, given still robust ... See all stories on this topic » | ||
| US stock index futures fall; all eyes on payrolls Reuters UK Italian 10-year government bond yields climbed above their Spanish equivalent while the cost of insuring the country' debt against default climbed on Friday, as Italy was hammered by market concerns that the contagion of the euro zone's debt crisis ... See all stories on this topic » |
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