Today: EUROZONE Crisis News, Sep 14, 2011

Search

ALS, Alexander Language Schools Franchise


Sep 14, 2011

EUROZONE Crisis News, Sep 14, 2011


French banks downgraded before Greece talks
AFP
PARIS — Moody's ratings agency downgraded two top French banks in a new lurch for the eurozone crisis on Wednesday which Polish Finance Minister Jacek Rostowski warned could destroy the European Union. Moody's cut the rating for Credit Agricole bank, ...
See all stories on this topic »

AFP
Asia stocks fall as euro crisis saps confidence
Business Standard
A Brazilian source told Reuters on Tuesday that the Brics group of big emerging economies was in preliminary talks on increasing their holdings of euro-denominated bonds to help ease the eurozone crisis. Gold rose 0.5% to around $1843 an ounce, ...
See all stories on this topic »

Business Standard
Moody's cuts French banks as euro crisis deepens
Reuters
A combination of a banking crisis akin to the global credit crunch, a Greek default and a financialmeltdown in Italy could tear the euro zone apart. "I think there is a possibility, if the wrong steps are taken, that the system goes off the rails," ...
See all stories on this topic »
GLOBAL MARKETS-EU bond comments lifts European shares, euro
Reuters
... of a recession in the United States and Europe's protracted debt woes, which have forcedGreece, Ireland and Portugal to take bailouts and piled bond market pressure on Italy and Spain. The crisis has the potential to derail global economic growth. ...
See all stories on this topic »
Economist Says Russia Could Be Safe From Euro Debt Crisis
RadioFreeEurope/RadioLiberty
That country finds itself in a debt crisis and is forced to ask other countries for financial assistance. In Greece, Ireland, or Portugal, the reasons the debt crisis arose might be different, but the result is exactly the same. ...
See all stories on this topic »

RadioFreeEurope/RadioLiberty
Taiwan stocks rise, but banks down again on euro zone woes
Reuters
"The exposure is not really that bad because little of them is related to Greece," said Jorden Chen, chief investment officer of Schroders in Taiwan. "Market sentiment has been weak, however. Theeuro zone debt crisis is a long-term, structural problem ...
See all stories on this topic »
IMF urges cuts in wasteful spending in Portugal
Reuters
Portugal was the third euro zone country after Greece and Ireland to turn to the IMF for funding as a debt crisis in Europe spread. "There is no doubt the continued uncertainty about the periphery is affecting Portugal unfavorably," said Thomsen, ...
See all stories on this topic »
US Continues To Press Europe To Boost Bailout Firepower
Wall Street Journal
While Greece teeters on the razor's edge of default and Italian and Spanish debt is thrashed by markets skeptical of the euro-zone's resolve to fixing the crisis, Europe's most powerful member, Germany, has struggled to fully support the measure. ...
See all stories on this topic »
The (Debt) Hangover – Part II
EconoMonitor
First, the eurozone sovereign debt and banking crisis worsened—which was predictable. Since May 2010, the eurozone crisis has been treated by Europeanauthorities like a periphery-country government liquidity crisis rather than a periphery-country ...
See all stories on this topic »

EconoMonitor
BULLION MORNING - Gold drops after Moody's downgrade of French banks heightens ...
FXstreet.com
“Everyone will be watching headlines and comments related to the Eurozone and the US,” the trader said. Investors must be cautious about technical weakness, traders said, although the turmoil in thefinancial markets and the eurozone crisis is likely ...
See all stories on this topic »
VIX at Biggest Discount to Europe Since '08 as Default Risk Rises: Options
Bloomberg
By Cecile Vannucci and Jeff Kearns - Tue Sep 13 20:17:51 GMT 2011 Concern Greece will default on its loans and spur a banking crisis is driving up the price of options relative to contracts in the US, where equities are beating their euro-zone ...
See all stories on this topic »
General assembly of the EPP Workers Group: Boosting employment
Malta Independent Online
by Csaba Ory With the notable exception of Malta, the financial crisis has left unemployment at a historic high across most of Europe. In Spain, the unemployment rate remains stubborn at one-fifth of the workforce And neither are Greece, Portugal and ...
See all stories on this topic »
Societe Generale takes on the 'irrational market'
CNN
NEW YORK (CNNMoney) -- French banking group Societe Generale has been at the center of the recent turmoil over the deepening sovereign debt crisis in Europe. But the bank went on the offensive this week, arguing that its exposure to Greece and other ...
See all stories on this topic »
Indian shares drop 0.2 pct; inflation data eyed
Reuters
... economic growth on the profitability and margins of companies in Asia's third-largest economy. Fears of the United States slipping back into recession and euro zone debt crisis, which have seenGreece, Ireland and Portugal forced to take bailouts, ...
See all stories on this topic »
Merkel Muzzling Coalition Critics to Gain Time
Spiegel Online
The chancellor's crisis management isn't going well, and the policies being pursued in efforts to rescue the euro are appearing more and more like some kind of odyssey. Merkel, who heads the conservative Christian Democratic Union party, ...
See all stories on this topic »

Spiegel Online
Asian markets mostly down as eurozone fear
Ninemsn
Asian markets were mostly lower on Tuesday as optimism over reports that China was in talks to buy huge amounts of Italian bonds was outweighed by ongoing concerns about the wider eurozonedebt crisis. The euro clawed back some of the heavy losses it ...
See all stories on this topic »
Fiat-Chrysler CEO: Euro system could go "off the rails"
Reuters
... European leaders resolved the debt crisis. Marchionne said markets were showing little confidence in Europe's ability to draw a line under the crisis, which has spread to his homeland Italy after engulfing Greece, Ireland, Portugal and Spain. ...
See all stories on this topic »

Reuters
Arsene Knows
Wall Street Journal (blog)
Showing just how the euro zone's debt crisis is now spilling beyond the business pages and into the mainstream, Mr. Wenger has joined the cacophony of eurocrats, politicians and City analysts predicting disaster in as little as three weeks' time. ...
See all stories on this topic »
Slovakia PM fights bail-out opposition
Financial Times
“We are against the EFSF because it is not the right solution to the debt crisis. The eurozone is just trying to solve the debt crisis with more debt,” Mr Sulik told the Financial Times in a telephone interview. His party has dubbed the idea “a road to ...
See all stories on this topic »
Under-fire Italy ready to cede sovereignty to EU: minister
Expatica Germany
Frattini's comments came a day after the interest rate on Italian bonds spiked to a new high as many fear Italy could be the next eurozone domino to fall amid a mounting debt crisis that has already claimed Ireland, Portugal and Greece. ...
See all stories on this topic »
Oil slips as market seen capped by Europe crisis
Reuters UK
... the euro zone debt crisis. [ID:nL3E7KE00V Global markets have been roiled since the end of July by the twin fears of renewed recession in the United States and Europe's protracted debt woes, which have seen bailouts for Greece, Ireland and Portugal ...
See all stories on this topic »
EUROPEAN EQUITY OPENING NEWS INCLUDING: BP - The results of a pivotal federal ...
Proactive Investors UK
(RTRS) Equities finished the session in positive territory yesterday, on hope that Europe will be able to contain the ongoing debt crisis. In terms of the sector break down, all ten sectors finished comfortably in the green, and the move higher was ...
See all stories on this topic »
IMF advice accused of risking new recession
Bretton Woods Update
A late May discussion paper by the European Trade Union Confederation argues that the IMF is using the eurozone crisis as a means to deregulate wages and labour markets in the euro area, focussing not just on borrowing countries. ...
See all stories on this topic »
Investors: Why I'm Staying Short The Market With This Inverse ETF (SPXU, SDS ...
ETF Daily News
However overnight we also had positive development in the Euro-zone sovereign debtcrisis as German Chancellor Angela Merkel came out and said that Germany would not allow an uncontrolled insolvency in Greece. While that gave yesterday's market some ...
See all stories on this topic »

ETF Daily News
Should you buy 'recession proof' stocks?
Equitymaster.com
What is more, a Greek default will also pressurize Portugal and Ireland to default and the pave the way for recovery however long and arduous that journey may be. For the Eurozone, this solution seems unthinkable as it is worried about the implications ...
See all stories on this topic »
Forex - Psychology/Strategy for major markets today
FXMarketAlerts.com
Concerns over more contagion effects from current eurozone crisis to weigh on Euro, as focus turns to Italy bonds, and French banks USD funding concerns, and Portugal, Ireland as well, givenGreek default concerns. IMF mission chief to Portugal Poul ...
See all stories on this topic »
French banks downgraded before Greece talks
StarAfrica.com
Moody's ratings agency downgraded two top French banks in a new lurch for theeurozone crisis on Wednesday which Polish Finance Minister Jacek Rostowski warned could destroy the European Union. "Europe is in danger," Rostowski, whose country holds the ...
See all stories on this topic »

StarAfrica.com
Can Europe Avoid the Sovereign Sequel?
Minyanville.com
My fear on the latter matter -- which is lock-step consistent with the first phase of the financial crisis -- is that if the EU kicks Greece to the curb, Portugal will come into the crosshairs. IfPortugal is excused, Spain will emerge as the target, ...
See all stories on this topic »
Alarm over euro zone crisis grows | Stuff.co.nz
International alarm over Europe's debt crisis has reached new heights, with US President Barack Obama pressing the bloc's big countries to show leadership as talk of a Greek default escalated and markets heaped pressure on Italy. ... countries are unable to unite behind a common approach to thecrisis. Merkel faces intense pressure at home to resist new steps to shore up weak euro zonecountries after agreeing to bailouts of GreeceIreland and Portugal over the past 15 months. ...
Stuff.co.nz - Business
China, US raise alarm over euro debt crisis - Business - Mail ...
China and the United States urged Europe's leaders to prevent the eurozone debt mess from spreading, underlining the international alarm over a crisis now threatening Italy, the zone's third-biggest economy. President Barack Obama urged ... Credit markets are factoring in a 90% chanceGreece will default on its debts and they demanded the highest risk premium on Italian five-year bonds at auction on Tuesday since the country joined the euro in 1999. "What we have to take note of ...
Mail & Guardian News Feed
WGN - International alarm over euro zone crisis grows
Category: National News, Sub Category: National News, , _id: 64681667, _itemType: ...BERLIN/ROME (Reuters) - International alarm over Europe's debt crisis ... sought to quash talk of an imminent Greek default or exit from the euro zone, but ... agreeing to bailouts of Greece, Irelandand Portugal over the past 15 months. ...
mobile.wgntv.com/p.p?m=b&a=rp...
International alarm over euro zone crisis grows - Yahoo! UK ...
International alarm over euro zone crisis grows. ... UK & Ireland Finance ... alarm over Europe(Chicago Options: ^REURTRUSD - news) 's debt crisis reached .... Chinese leaders have repeatedly offered verbal support to Greece, Portugal and ...
uk.finance.yahoo.com/.../International-alarm-euro-zone-reuter...

Surrender the Heart (Surrender to Destiny)Alexander Dictionary of English Idioms: English-FrenchAlexander Dictionary of English Idioms: English-SwedishUnder the SunStealing Jake

No comments: