Buenos Aires Herald
Do you believe that the ECB's debt purchasing plan will suffice to calm the debt crisis in Europe? The ECB's debt purchasing plan will hardly suffice to calm the debt crisis, because the ECB is made up also from central banks of the Euro zone countries ...
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Debt Crisis: Similarities And Differences Between The Crises of 2008 And 2011
Forex News Now
But while the crises of 2008 and 2011 may appear disturbingly similar on the surface, a deeper examination reveals that the current Debt Crisis – and its solutions – are quite different from thecrisis that occurred in 2008. ...
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World Bank's Zoellick Cautions on Dangers to Growth
Wall Street Journal
Europe's spiralling sovereign-debt crisis and a downgrading of the US credit rating have sparked waves of fresh volatility and fueled fears of another global recession as policy makers from developed nations run out of tools to absorb the new shocks. ...
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Volatility on cards as doubts surface over Europe talks
New Zealand Herald
German Chancellor Angela Merkel will meet French President Nicolas Sarkozy in Paris on Wednesday (NZT) in their latest effort to get a grip on the mounting sovereign debt crisis in theeurozone. The embattled leaders have promised to put forward "joint ...
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German government no longer rules out euro bonds: report
Reuters
Pressure is nevertheless growing on euro zone leaders to take a more radical approach to the euro zone's debt crisis ahead of a potentially vital meeting of German Chancellor Angela Merkel and French President Nicolas Sarkozy next week. ...
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<B>N Chandra Mohan:<B> Watch out for Europe
Business Standard
In their assessment, the prospect is for the crisis to spread to other nations in the eurozone. Prices of five-year Credit Default Swaps – that offer protection against default across the euro area sovereigns – in Greece, Ireland, Italy, Portugal and ...
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Three steps to resolving the eurozone crisis
Financial Times
By George Soros Acomprehensive solution to the euro crisis must have three major components: reform and recapitalisation of the banking system; a eurobond regime; and an exit mechanism. First, the banking system. The European Union's Maastricht treaty ...
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Italy calls for euro bonds, UK backs fiscal union (NEWS.GNOM.ES)
NEWS.GNOM.ES (press release)
ES) – Italian Economy Minister Giulio Tremonti stepped up calls for a more coordinated response to the euro zone debt crisis, including the creation of euro bonds, ahead of a crucial Franco-German summit next week. Tremonti returned to proposals for ...
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Inflation, interest rate concerns to keep markets volatile
Economic Times
NEW DELHI: Apart from concerns over a slowdown of the US economy and the euro zone debt crisis, high domestic inflation and fears of an interest rate hike will keep the stock market volatile this week, say experts. The 30-share Bombay Stock Exchange ...
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More volatility seen in global markets
BusinessLIVE
Market participants responded warily on Friday to short-selling restrictions in parts ofEurope amid lingering concerns about the lack of prompt solutions to the ongoingeuro-zone debt crisis. On Thursday, regulators in France, Spain, Belgium and Italy ...
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BusinessLIVE
Era of the vigilante
National Post
The US Congress struck a debt-ceiling deal that leaves the real budget-cutting to a bipartisan committee that may fail to reach consensus, meaning another debt crisis may be just a few months away. And the eurozone doesn't seem to have the right tools ...
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ECB is euroland's last hope as bail-out machinery fails to resolve crisis
Telegraph.co.uk
It has failed. Insistence that it could handle a dual crisis in Spain in Italy was a bluff, and last week that bluff was called when France too was sucked into the maelstrom. Escalating bail-out costs are eroding French debt dynamics. ...
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Telegraph.co.uk
Calls for a referendum on EU membership after David Cameron's U-turn on tax
The Guardian
Jean-Claude Trichet, the outgoing boss of the Frankfurt-based European Central Bank, has called for a euro-wide finance ministry as the only way to prevent a recurrence of the debt crisis which has seen Greece, Portugal and Ireland receive emergency ...
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EU chief welcomes Italian plans
BBC News
Meanwhile, Italian Finance Minister Giulio Tremonti has called for a more co-ordinated response to the eurozone debt crisis ahead of a crunch meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel on Tuesday. ...
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BBC News
Minister urges action on EU and US debts
People's Daily Online
... the world's largest, in dollars and euros and would be loathe to see the currencies plummet on economic problems. World financial markets have swung wildly in the past week on fears that Europe cannot contain its debt crisis and after a downgrade ...
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People's Daily Online
Forex Technical and Fundamental Analysis for August 15, 2011
Inside Futures
... especially as the sudden move to ban short selling signaled the deep fear in the EU from the spreading and deepening debt crisis. Choppy trading will prevail with the start of the week for sure as investors assess the outlook for the euro area ...
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Is The Risk Accompanying Estonia's Eurozone Membership Really So Low?
EconoMonitor (blog)
Credit Default swaps on Estonia have fallen and remain down, whilst those of its East European Europeers (Slovenia and Slovakia) have risen as one might expect as the crisis of confidence in the currency has grown. It is not my intention here to ...
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How to keep your money safe as the entire world implodes
Irish Independent
Rumours that France could be the next in line for a credit downgrade after the United States sparked panic across Europe. Concerns about the European debt crisis, and the prospect of a break-up of the eurozone, clearly haven't gone away. ...
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Irish Independent
Oil price, dollar and treasuries - impact of US downgrade on the Saudi economy
CPI Financial
In addition, recent concerns that Europe's debt crisis could spread to Italy, the Euro-zone's third-largest economy, accentuated fears of a vicious new global economic downturn. Oil prices sank more than $10 a barrel last week, highlighting just how ...
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CPI Financial
The EU Budget 2014-2020: Calm before the Storm
Cause and Effect in European Politics and Economy
In today's toxic political atmosphere in Europe, because of the debt crisis, the informal meeting in Sopot was surprisingly viewed as a positive step towards Brussels' new Multiannual Financial Framework (MFF) proposal. "Most Member States have ...
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Cause and Effect in European Politics and Economy
Stocks: Volatility will continue this week
CNN
It was in part these fears that caused the Dow to plunge 520 points on Wednesday "The short-term danger to the markets is a credit crisis in Europe," said Bruce McCain, chief investment strategist with Key Private Bank. Here in the US, investors will ...
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French press review 14 August 2011
RFI
L'Express launches a hunt for possible cures to the Eurozone debt crisis, and markets turmoil. Analysts told the magazine that the downgrading of the US debt rating could be a blessing in disguise. It could push debt-ridden economies to adopt the ...
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RFI
Markets likely to consolidate
Livemint
Interestingly, signs of fresh trouble in France went easy with most Asian markets, including India, which shows two things: one, the debt crisis in Europe is not having a direct impact on Asian economies yet. Two: markets are confident that some ...
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Trading Week Outlook: August 15 - 19, 2011
Seeking Alpha
The EUR keeps fluctuating within a tight range against the USD in the last couple of weeks, but could attempt to break lower it if the EU debt crisis continues to rattle the single currency and if economic conditions in the Euro-zone deteriorate. 4. ...
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Forex - EUR/USD weekly outlook: August 15 - 19
Forex Pros
On Wednesday, risk appetite crumbled as fears grew that the euro zone's debt crisis could spill over to the region's banking sector, while speculation over a French sovereign debt downgrade raised concerns over the health of major French lenders, ...
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Reform the eurozone 'step by step': German finance minister
MSN Philippines News
Uniting opinion over a course of action is already proving problematic with disagreement between Germany and Italy over the proposed use of eurobonds to alleviate the debt crisis. Germany has rejected using the bonds, which are issued and traded ...
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Investors search for signs of stability
The National
With the shock from the August 5 US credit rating downgrade behind them, investors will focus on signs that European policymakers may be able to contain the euro-zone debt crisis. The signs will come from a varying palette, including the quarterly ...
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The National
Gulf funds resilient to turmoil
gulfnews.com
... said Paris-based Dunny Moonesawmy, head of fund research for Western Europe, Middle East and Africa at Thomson Reuters. "It is clear that even faced with a deepcrisis in the Eurozone, the euro showed strong resistance," he said. ...
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gulfnews.com
The world's nations must cooperate or perish
Santa Rosa Press Democrat
The economic crisis is so deep that no single nation, however powerful, and no bilateral, triliateral or quadrilateral initative, no matter how bold, can prevent a lost decade. To understand why global coordination alone can work, try appreciating how ...
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Debt crisis a threat to growth -- ASEAN
BusinessWorld Online
Investors are questioning whether France and Germany, the euro zone's two largest economies, can continue to underwrite other states' debts without losing their top credit ratings and falling victim to the crisis themselves. In Asia, there are concerns ...
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Brendan Keenan: Eurocrats may need a touch of madness to save currency
Irish Independent
THEY might not all be mad in Europe, as suggested by the putative presidential candidate Gay Byrne, but from their point of view, it might help. There is a natural tendency in this matter of the euro crisis to play the man rather than the ball -- or, ...
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Irish Independent
US debt remains investor safe haven despite S&P downgrade
AFP
The European Central Bank stepped in to buy Italian and Spanish debt as investors had driven their bond yields to unsustainable levels on concerns that they might be nexteurozone members to become ensnared in a debt crisis. "Unlike a spurned romantic...
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AFP
Berlusconi cuts £40bn to head off Greek-style meltdown
Daily Mail
On Wednesday the Milan stock market suffered its sharpest one-day drop since the Lehman Brothers crisis in October 2008, with the main index falling 6.65 per cent. The Italian Cabinet approved the £17.5billion of cuts for 2012 and £22billion for 2013 ...
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Daily Mail
How will Turkey benefit from the recent turmoil?
Today's Zaman
Meanwhile, the Euro countries have their own debt problems. Greece is suffering and still looking for ways to get out of its own crisis. Portugal, Spain and Italy have their own debt problems and French banks seem vulnerable due to tough overseas ...
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India's high savings rate and forex reserves will weather global economic troubles
Economic Times
The only other driver of recession could be a truly ugly European financial crisis, leading to major bank failures. This is not impossible, but is very unlikely. Banks are better capitalised and much less leveraged than in 2008. ...
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Zero growth, debt crisis pile pressure on France
China Post
The crisis started in Greece, which had to be bailed out along with Ireland and Portugal, and is now fuelled by fears that Spain or Italy might default on their debt and possibly spark a break-up of the 17-nation currency zone. ...
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Israelis protest cost of living for fourth week
Springfield News-Leader
... tax" for high-earners -- aims to calm market turmoil and make sure Italy is not the next victim ofEurope's debt crisis. Italy is expected to grow only by about 1 percent this year and has one of the highest debts in the 17-nation eurozone.
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Schäuble calls for solidarity to fight crisis - Germany's news in ...
"We must have (Europe's) citizens with us", he added. "When we created the euro we were not able to simultaneously create a political union, people were not ready", said Schäuble, often described as the "last European" in Chancellor Angela Merkel's government because of his consistent ...Chancellor Angela Merkel is to hold crisis talks with French President Nicolas Sarkozy next week in a bid to solve the eurozone debt crisis amid continuing turmoil in financial markets. ...
The Local - Germany's news in English
Italy wants € Bonds – Schäuble and Roesler, however | Economics ...
By B.B
politicians and economists continue to argue about the proper way to save Europe from the debt crisis. Criticism of ECB support purchases. Plea for Euro bonds: Italian Finance Minister Giulio Tremonti has called the euro countries to act together in ... He pointed out that Euro-group president Jean-Claude Juncker for Euro-bonds was. Also Greece is the good idea, according to a government spokesman. The Country had the first member of the euro-zone support take advantage, ...
Economics Newspaper
Francis Sedgemore - Britain backs the euro
By Francis Sedgemore
Chancellor George Osbourne's claim that the UK is a “safe haven” in the world's volatile financial markets is laughable, but he is on stronger ground when calling for tighter fiscal union in theeurozone to resolve the debt crisis. ... “An unstable euro is very bad news for us, we have to ensure that our influence on important decisions like financial services is not undermined. But we do yes have to allow greater fiscal union while protecting our own national interest. ...
Francis Sedgemore
Eurozone Leaders still don't get it | Set You Free News
By Renata
The Eurozone crisis is accelerating dangerously and could tip the world into a new recession that cannot be fought. Interest rates are already zero and governments cannot borrow much anymore. The spectre of the 1930s, including competitive devaluations and Eurozone break up, is getting dangerously relevant. This column argues that the only way forward is for the ECB to guarantee the entire stock of Eurozone debt and for Eurozone members to adopt effective, national fiscal ...
Set You Free News
Inflation, interest rate concerns to keep mkts volatile | APN News
By admin
Apart from concerns over a slowdown of the US economy and the euro zone debt crisis, high domestic inflation and fears of an interest rate hike will keep the.
APN News
Is The Risk Accompanying Estonia's Eurozone ... - A Fistful of Euros
By Edward Hugh
On the other hand it is the case that Estonia faced an extremely challenging crisis in 2008/09, and had the Euro peg collapsed in one of the four East European countries who had one at the time then the pressure of private debt could ...
A Fistful Of Euros » A Fistful Of Euros
Shares plunge on euro zone debt crisis and ... - The Real News
Shares plunge on euro zone debt crisis and recession fears ... The Real News needs your support. Make a $10 donation by texting realnews to 85944 from ... Crisis in Europe Driving Crash James K. Galbraith: Unraveling of the Euro-Zone is ...
therealnews.com/t2/index.php?option=com...id...
EU Debt Crisis: Are Spain and Italy next ... - Forex News Now
Spain and Italy are currently the euro zone's two weakest links as result of their very high debt ratios. Are these countries the next EU Debt Crisis ...
forexnewsnow.com/.../eu-us-debt-crisis-bailout-greece-are-spa...
FOREX: Austria May Be Next Victim of Euro Zone Debt Crisis - Yahoo ...
Austria May Be the Next Victim of the Euro Zone Debt Crisis ... a credit downgrade to the region's number-two economy began to circulate around the news wires, ... The danger is in Austrian banks' exposure to Eastern and Central Europe. ...
finance.yahoo.com/.../FOREX-Austria-May-Be-Next-fxcm-42...
News from AP | The Dallas Morning News, dallasnews.com
No quick exit for eurozone from debt crisis. By DAVID McHUGH ... in Greece's debt by persuading bondholders to take less than 100 cents on the euro. ...
hosted.ap.org/.../EU_EUROPE_FINANCIAL_CRISIS_NO_EA...
No quick exit for eurozone from debt crisis | nj.com
No quick exit for eurozone from debt crisis. Aug. 11, 2011, 6:37 p.m. EDT. Associated Press. FRANKFURT, Germany (AP) — Twenty-one months after Greece ...
www.nj.com/.../989f32e9b1504e2c9b410659e8ed5d0b
No quick exit for eurozone from debt crisis - KFVS12 News ...
KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar BluffNo quick exit for eurozone fromdebt crisis. Member Center: ...
www.kfvs12.com/.../no-quick-exit-for-eurozone-from-debt-cr...
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