Today: IRELAND, Portugal, Spain, Italy, Greece News, Aug 18, 2011

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Aug 18, 2011

IRELAND, Portugal, Spain, Italy, Greece News, Aug 18, 2011


Let Greece, Ireland, Portugal Default, Pimco's Kashkari Says
San Francisco Chronicle
17 (Bloomberg) -- European politicians should let Greece, Ireland and Portugal default while taking steps to ensure Italy and Spain won't, according to Pacific Investment Management Co.'s Neel Kashkari. "They are delaying and denying as long as ...
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In Defence of PIGS
Telegraph.co.uk (blog)
If all else fails, he should draft a letter from the leaders of France, Italy, Spain,Portugal, Ireland, Cyprus (plus Belgium, Malta and Slovenia, if they want) requesting the withdrawal of Germany and its satellites from monetary union. ...
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Telegraph.co.uk (blog)
My Country, Right Or Wrong, My Country!
Forbes
Who knows when Old Glory emerges from its misty malaise, but I am sure we ain't Italy or Spain, and certainly not Greece, Portugal or Ireland. Not even England or France which hardly ever show much GDP momentum. Our work force, although not fully ...
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How Austerity Is Ushering in a Global Recession
Wall Street Pit
We all know about the weaknesses in Europe's “periphery” – Greece, Ireland, Spain, Portugal, and Italy. But the drop in Europe's core is dizzying. Germany grew at an annualized rate of just half a percent last quarter, down from 5.5 percent in the ...
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Flaherty helps steer efforts to calm economic jitters
Montreal Gazette
In Italy, it's 175 per cent, according to European Union figures. German and French banks are holding a lot of debt from Greece, Ireland, Portugal, Spain and Italy, which is the main reason European and North American markets were so jumpy last week. ...
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Jamie Dimon: What Really Drives the Business
GuruFocus.com
The bank's exposure to Portugal, Italy, Ireland, Greece and Spain was about $15 billion, and if there is an extreme outcome, the bank might lose $3 billion after tax. Jamie doesn't believe that is going to happen. But the bank will stay in those ...
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Treasuries shrug off PPI, edge lower
CNN
In response to mounting debt and sluggish economic growth, experts have called for new bonds denominated in euros -- a move aimed at pushing rates lower in Portugal, Ireland, Italy, Spain andGreece. But analysts and investors aren't waiting around for ...
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Weak shilling takes Kenya's debt burden to a new high
Business Daily Africa
Four other Eurozone economies including Portugal, Ireland, Italy and Spain are facing similar debt stress that has severely hampered their ability to sustain public investment and run government. Investors have responded to these stresses by raising of ...
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Business Daily Africa
Struggles in Europe put North African recovery at risk
The National
About 21 per cent of North African exports head to Portugal, Spain, Italy, Greeceand Ireland, the nations most embroiled in the debt crisis. Europe as a whole accounts for an even greater proportion of goods, including 73 per cent of Tunisian exports. ...
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The National
31 countries have participated in a UNESCO exercise aimed at testing the ...
Balkans.com Business News
Others are planned for Greece, Italy and Portugal at a later date, reports IrishWeatherOnline.com. The 31 Member States of the ICG/NEAMTWS are: Belgium, Bulgaria, Cape Verde, Croatia, Cyprus, Denmark, Egypt, Estonia, Finland, France, Germany, Greece, ...
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St. John family ready for yearlong trip through Europe
Jackson Clarion Ledger
A: In order: Greece, Turkey, Albania, Montenegro, Croatia, Hungary, Czech Republic, Austria, San Marino, Italy, Vatican City, Monaco, Spain, Morocco, Portugal, France, Luxembourg, Liechtenstein, Switzerland, Germany, Austria, Poland, The Netherlands, ...
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World economy: Capitalists unable to stop the turmoil
Socialist Party
Italy and Spain's governments alone need to find an extra €840 billion over the coming 18 months - more than the total of bailouts already found for Greece, Ireland and Portugal. The ECB measure will ease the situation in relation to the debts of Italy ...
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Sanctions only way to save euro
International News Network
According to recent opinion polls, public support in Europe for the huge rescue packages required by Greece, Ireland and Portugal -- with Spain and Italy seen next at risk -- is fading away.Another recent poll also shows that Dutch voters wantGreece ...
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International News Network
Europe's Utilities No 'Safe Haven' as States Search for Cash
Bloomberg
Faced with the cost of bailing out Portugal, Ireland and Greece, as well as their own budget deficits, European leaders are scrambling for funds. Utilities, many of which are partially state owned, are an attractive source of tax revenue, according to ...
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Stop Cairnsian spending and keep surplus promise
The Australian
Since the turn of the century, the main international borrower, or current account deficit, countries in the OECD region have been Australia, New Zealand, the US, Iceland, Greece, Italy, Portugal,Spain, Ireland and Britain. All of these economies, ...
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Big Banks Shedding Assets; Will Small Banks Keep Originating...
Mortgage News Daily
... and the fear that sovereign debt would spread has done just that: French, German, and Spanish banks are now viewed as vulnerable since they hold a good amount of poor European debt fromGreece, Italy, Spain, Portugal, and Ireland. ...
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METALS-LME copper up on steady China demand, Asian equities
Reuters Africa
The picture was equally grim for the region's high debtors -- particularly Greece, Italy, Spain,Portugal and Ireland -- where little or no growth means debt-cutting targets will be even harder to achieve as tax revenues shrink and welfare payments ...
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The Futures of Civilization
AINA (press release)
For if European civilization was paralyzed by social liberation and got its death blow from bowing out of Christendom, then what explains that societies retaining a thick Christian residue — Portugal,Italy, Ireland, Greece, and Spain spring to mind ...
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The Matheo Solution by Marcel Van Silfhout
Oman Tribune
The economies of these countries - the so called 'PIGS-group' which contained Portugal, Ireland,Greece and Spain (some say, Italy too) - simply didn't match the other European nations. The euro, they warned, was an impossible 'One-Size-Fits-All' ...
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Baku 2012: 42 countries reportedly confirm; the Czech Republic to return?
Escdaily
... Germany, Greece, Hungary, Ireland, Israel, Italy, Latvia, Lithuania, Malta, Moldova, the Netherlands, Norway, Poland, Romania, Russia, San Marino, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine and the United Kingdom. ...
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Polling places to include Scotland, but Chile and Venezuela dropped
Latvians Online
Greece at the Embassy of Latvia, 38 Vas. Konstantinou Ave., Athens. Hungary at the Embassy of Latvia, 20 Vas Gereben utca, Budapest. Ireland at the Embassy of Latvia, 92 St. Stephen's Green, Dublin, and the CIE Sports & Social Club, Upper Carey's Road, ...
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EU avoids double-dip recession despite grim portents and sluggish growth
Irish Times
Even Portugal, which is undergoing harsh austerity, managed to emerge from its recession. After two consecutive quarters of contraction, the economy stabilised in the April-June period. NeitherIreland nor Greece has published figures yet. ...
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The Evolution Has Run Its Course
Intellectual Conservative
The visual indicators of the results of such actions are run on the nightly news courtesy of Greeceand the UK. What is occurring with the PIIGS (Portugal, Ireland, Italy, Greece, and Spain) has proved the economic model of social democracy is every ...
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EUR/USD - Looking at Shorter Patterns to Grasp Powerful Trends
FXstreet.com
However, any resurgence in risk appetite, possibly prompted by a resolution to PIIGS dilemma (Portugal, Ireland, Italy, Greece, and Spain) may cause a break of a bullish flag resistance which coincides with upper portion of a symmetrical triangle at ...
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FXstreet.com
Tigo Rwanda cuts tariffs to Europe by over 70%
Telecompaper (subscription)
... Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Luxemburg, Malta, Monaco, Netherlands, Norway, Poland,Portugal, Romania, Slovakia, Spain, Sweden, Switzerland, Turkey and the UK.
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Investment Club: Sticking with portfolio principles saw loss of dividend but a ...
Scotsman
The UK, unlike the PIIGS countries - Portugal, Italy, Ireland, Greece and Spain - can, to some extent, also print money to get out of trouble. The usual problem with the printing money solution is that inflation might get out of control. ...
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Merkel-Sarkozy Debt-Crisis Plan Shuns Steps Sought by Investors
BusinessWeek
Merkel and Sarkozy also pledged to harmonize German and French corporate taxes, a step with minimal implications for the economic outlook in Greece, Portugal and Ireland, now relying on 365 billion euros ($527 billion) in official loans to stave off ...
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Dispatches from Spain: How does a Socialist Government cope with ...
By Steven Hill
Spain has been much in the news lately due to its unwanted membership in the notorious PIIGS (PortugalIrelandItalyGreece and Spain) club of high debt countries. Adding color to the media coverage has been large protestor ...
Social Europe Journal» Columns
How Austerity Is Ushering in a Global Recession
By admin
We're on the cusp of a global recession. We all know about the weaknesses in Europe's “periphery” – GreeceIrelandSpainPortugal, and Italy. But the drop in Europe's core is dizzying. Permalink ·News · Share this page ...
News
Eurozone's GDP slows in Q2 | China business news
By CBN
The picture was equally grim for the region's high debtors – particularly GreeceItalySpainPortugaland Ireland – where little or no growth means make debt-cutting targets will be even harder to achieve as tax revenues shrink and ...
China business news
Why aren't things working better in Europe? - Straight Dope ...
By xtisme
I know that a few really serious economic emergencies in a few countries like SpainGreeceIreland, etc are having an impact on them all, but it doesn't seem like Germany, France or England (who I would guess are powerhouses in the ..... Greece, Iceland, ItalyIreland, and Portugal (not all EU countries but European countries in the news for economic woes) are in the top 20 for debt to GDP ratio. Spain is 28. The USA is 37. I have no idea what the EU would be as a ...
Straight Dope Message Board
Economic perspectives of the Eurozone and US debt crises
Among the key leading business and economic news across the globe for the ... when the economies of the PIIGS (Portugal, Ireland, Italy, Greece and Spain) ...
www.thecitizen.co.tz/.../13703-economic-perspectives-of-the-e...
"Welfare state" is at peril/TRT-English
Many countries, including Greece, Portugal, Ireland, Spain and Italy, ... like France and Britain are also moving towards this direction. Related News ...
www.trt-world.com/trtworld/en/newsDetail.aspx?...8748...

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