Today: EUROZONE Crisis News, Oct 18, 2011

Search

ALS, Alexander Language Schools Franchise


Oct 18, 2011

EUROZONE Crisis News, Oct 18, 2011

The Euro Crisis: Lessons From Bear Stearns
Wall Street Journal
By DAVID SKEEL Ask a European official to sum up the euro-zone crisis, and you are almost certain to hear the "L" word. German Chancellor Angela Merkel recently warned that a Greek default could be Europe's Lehman, triggering a world-wide market crisis ...
See all stories on this topic »
Germany dampens euro zone crisis hopes
euronews
http://www.euronews.net/ Germany's has lowered expectations of a breakthrough in the euro zone'ssovereign debt crisis at next weekend's summit of European Union leaders. Financial markets have risen in the last week on hopes that the 27 EU heads will ...
See all stories on this topic »
Waser Says Full Euro-Zone Crisis Solution Not Possible
Washington Post
Oct. 18 (Bloomberg) -- Otto Waser, chief investment officer of R&A Research & Asset Management AG, discusses the European sovereign debt crisis and the outlook for equity markets. He speaks from Zurich with Linzie Janis and Owen Thomas on Bloomberg ...
See all stories on this topic »
$A falls amid Eurozone crisis negativity
Sydney Morning Herald
Expectations that a resolution to the eurozone government debt crisis could be reached at a meeting of European leaders, beginning on October 23, helped lift the Australian dollar back above parity last week. However, market sentiment turned sour on ...
See all stories on this topic »
Roubini Says Much Weaker Euro, Rate Cuts Needed To Solve Euro Crisis
Wall Street Journal
By Eva Szalay Of DOW JONES NEWSWIRES LONDON (Dow Jones)--To solve the euro-zone debtcrisis, the euro needs to trade below parity against the dollar, the European Central Bank needs to cut interest rates and member states need to forge a fiscal unity, ...
See all stories on this topic »
EU hopes for deal on short-selling, CDS curbs
Reuters
BRUSSELS, Oct 18 (Reuters) - The European Union hopes to finalise a law on Tuesday that could ban certain credit default swaps (CDS) to curb what some policymakers see as hedge funds bets on the euro zone crisis. The measure has been deadlocked for ...
See all stories on this topic »
Tempered Euro-Zone Expectations Lift Treasury Prices
Wall Street Journal
Fixed-income analysts at UBS say 10-year yields should trade between 2.0% and 2.32% as investors await more word from euro-zone policymakers. "Anyone hoping for a solution to the euro-zone crisis that is either quick or painless will likely be ...
See all stories on this topic »
France warned on rating as EU debt hopes dampened
Expatica France
The ratings warning came with only five days to go before a crucial summit of European leaders that will seek to address the eurozone sovereign debt crisis, which is threatening to drag the global economy back into recession. ...
See all stories on this topic »
EBRD cuts 2012 growth forecasts for CEE
Financial Times
But it warns that a worsening of the eurozone crisis, particularly a failure to prevent it spreading to larger euro members such as Italy, could cause a shock “more severe than in 2008-09”. National governments might then limit the ability of banking ...
See all stories on this topic »
EU fiscal restraint should be enforced: Trichet
The Australian
The think tank said if European policymakers managed to take control, unemployment would peak at 2.7 million by the spring of 2013, but if the crisis were allowed to creep on, that figure could be far higher. ITEM club chief adviser Peter Spencer said: ...
See all stories on this topic »
ECB has reached limits of crisis response: Juergen Stark
Economic Times
Germany said on Monday a summit of EU leaders next Sunday would not produce a miracle cure for the euro zone crisis, pushing down markets that have risen in the past week on expectations of a breakthrough. Stark, who said he would stay at the ECB until ...
See all stories on this topic »
Euro zone needs action, not finger-pointing: Swan
Sydney Morning Herald
Photo: Andrew Meares WORLD leaders have ''absolutely no excuse for failure'' in managing the euro-zone crisis and must deliver a bold and credible plan at this weekend's summit in Brussels, Treasurer Wayne Swan told an Austrade business luncheon in ...
See all stories on this topic »

Sydney Morning Herald
Euribor rates steady, markets await crisis response
Reuters
FRANKFURT, Oct 18 (Reuters) - Key euro-priced bank-to-bank lending rates steadied on Tuesday after Germany tempered hopes that an EU summit next Sunday would produce a cure for the euro zone debt crisis and money market traders began looking to the ECB ...
See all stories on this topic »
US and euro zone crises to affect Kenya's exports
Business Daily Africa
Most eurozone institutions appear to be in poor shape. North America and western Europe, which are now in economic crises, take a third of Kenyan exports and are the largest source of tourists to the country. Photo/REUTERS By GEOFFREY IRUNGU (email the ...
See all stories on this topic »

Business Daily Africa
China GDP, euro zone jitters take toll on FTSE
Reuters
By Tricia Wright LONDON, Oct 18 (Reuters) - Britain's top shares fell on Tuesday, pressured by miners after Chinese data raised fears about demand for the world's top metals consumer, while revived concerns over the euro zone debt crisis unleashed ...
See all stories on this topic »
NYMEX-US crude falls, Germany dashes hope for an EU plan
Reuters
Gold fell, along with equities and other commodities, as recent optimism about plans to tackle theeuro zone crisis was dashed by the German view. UPCOMING DATA/EVENTS * US producer prices for September, 8:30 am EDT (1230 GMT), Tuesday. ...
See all stories on this topic »
Tokyo Shares End Down As Volume Hits 2011 Low, Olympus Tumbles
Wall Street Journal
Trading volume, which had been trending down over recent sessions, hit a fresh year-to-date low of just 1.169 billion shares as investors await further developments regarding the euro zone crisis at a summit of European leaders this weekend. ...
See all stories on this topic »
EU's Barroso calls for 'decisive' summit to end crisis
MSN Philippines News
Barroso reaffirmed the commission's proposal to face the eurozone crisis by using the 440-billion-euro ($600 billion) European rescue fund to keep the crisis from spreading from peripheral countries like Greece to core economies like Spain or Italy. ...
See all stories on this topic »
Oil falls as Germany dampens hope for debt plan
Reuters
Oil's negative correlation to the dollar has jumped in recent weeks as investors seek more or less risk based on the outlook for the euro zone crisis. US crude's negative correlation touched an all-time high on Monday on a 25-day rolling basis, ...
See all stories on this topic »

Reuters
Oil ends lower on euro-zone worries, data
MarketWatch
By Claudia Assis, MarketWatch SAN FRANCISCO (MarketWatch) — Crude-oil futures traded lower Monday after German officials said an upcoming euro-zone meeting won't provide a silver bullet for the region's debt crisis, US macroeconomic data was mixed, ...
See all stories on this topic »
European Spillovers
New York Times (blog)
The many failures of the eurozone's crisis response policy have a common cause: the eurozone is a large closed economy. Each of its 17 members is small and open. The political leaders who run the eurozone have a small open economy mindset – every one ...
See all stories on this topic »
Euro dithering hits US stocks
CITY A.M.
A LACK of political action to resolve the Eurozone crisis hit stocks across the pond yesterday, after German finance minister Wolfgang Schaeuble said that EU leaders “won't have a definitive solution this weekend”. Schauble spoke at London's Chatham ...
See all stories on this topic »
GLOBAL MARKETS: European Stocks Slide; Banks, Resources Hit
Wall Street Journal
By Ishaq Siddiqi Of DOW JONES NEWSWIRES LONDON (Dow Jones)---European stock markets fell Tuesday, with banking shares posting steep losses on fears that euro-zone leaders may not be able to substantially contain the bloc's sovereign debt crisis, ...
See all stories on this topic »
MARKET COMMENT: Europe Stocks Drop As Crisis-resolution Hopes Fade
Wall Street Journal
By Polya Lesova LONDON (Dow Jones)--European stock markets dropped Monday as hopes faded that a comprehensive solution to the euro-zone debt crisis will be announced at a summit this weekend. The pan-European Stoxx 600 index fell 1% to end at 236.22 ...
See all stories on this topic »
Gold Falls as EU Worry Weighs
Wall Street Journal
By MATT DAY NEW YORK—Gold eased in line with other commodities on the view that the euro zone's debt crisis would drag on. The contract for October delivery slipped $6.30, or 0.4%, to settle at $1675.50 a troy ounce on the Comex division of the New ...
See all stories on this topic »
The Summit Expectations Game
Wall Street Journal (blog)
By Laurence Norman The euro zone provided a classic example Monday of why it has taskedEuropean Council President Herman Van Rompuy with drawing up new rules for crisis-management communication. As the countdown to this weekend's EU and euro-zone ...
See all stories on this topic »
Daily Market Outlook
FXstreet.com
In other news, ECB Governing Council member Christian Noyer said he "sees deterioration of world economic outlook due to governance issues in the eurozone." Canada's Finance Minister Jim Flaherty said the eurozone crisis is the world's most pressing ...
See all stories on this topic »
Forex review: Improving global risk appetite means rupee can consolidate
Daily News & Analysis
Last week, risk appetite got a boost in financial markets as confidence appeared to be building that concrete actions could be taken to resolve the euro zone crisis. Policymakers were more concerted in their efforts to placate the markets and G-20 and ...
See all stories on this topic »
TREASURIES-Prices rise as Germany cools euro-zone hopes
Reuters
* Germany: No definitive solution to crisis at EU summit * Ten-year yields fall from highest since late August * Recent data suggests US not heading into recession By Walter Brandimarte and Gertrude Chavez-Dreyfuss NEW YORK, Oct 17 (Reuters) - US ...
See all stories on this topic »
Opinions and News on the Eurozone Crisis, No. 24 - American Future
By Marc Schulman
Schäuble warned that the euro zone's debt crisis must be resolved quickly in order to reduce the impact on Germany's economy: “We need a durable solution for Greece,” which will involve a reduction of Greece's debt, Mr. Schäuble said. ...
AMERICAN FUTURE
Eurozone debt crisis: Germany dampens hopes of early solutionn ...
By Graeme Wearden
German finance minister Wolfgang Schäuble says that anyone dreaming that next week's EUsummit will solve the crisis will be disappointed. Photograph: Ian Langsdon/EPA. Live blog - Portugal flag. 6.59pm: More news from Portugal, where ...
Blogposts | guardian.co.uk
XE.com - TAKE-A-LOOK-European Union
For news and data on the European Union, double-click on the codes in brackets. ... 15/10 G20 tellseuro zone to fix debt crisis in eight days. 12/10 Italian turmoil haunts euro zone before summit. 12/10EU Commission calls for action on ...
XE Forex News
The Euro Zone Crisis
By BA Team
Tensions remain high in Europe this week as top European officials vowed to unveil a sweeping euro-zone rescue plan by Oct. 23—setting the stage for one of the most critical weeks of the bloc's nearly two-year-old debt crisis.”
Bankrupting America
Germany dampens euro zone crisis hopes | Global Macro Monitor
By macromon
Germany dampens euro zone crisis hopes · Belgium Waffles w/ Irish Coffee = No Free Brunch · Rhyme of History: Young Pinkies from Columbia & Harvard? China's Dwindling Trade Surplus Signals Weak World Economy · Week in Review: ...
Global Macro Monitor
EXPO REAL Report: Euro Zone Crisis Prompts Mixed Sentiment ...
By Paul Rosta
Europe's growing sovereign debt crisis topped the list of concerns at this year's EXPO REAL, which drew 37000 attendees to Munich Oct. 4-6. The euro zone's challenges prompted mixed sentiment and an intense focus on mitigating risk. ...
Commercial Property Executive
Stocks Slump on Euro Zone Worries | Stock Market News
By edliston
The spokesperson said that progress on solving the euro zone debt crisis would be slow. The comments were in sharp contrast to what euro zone leaders said at the G20 meeting in Paris over the weekend. Following international pressure ...
Stock Market News
UPDATE 2-German fin min warns summit won't bury euro crisis ...
By RSS Feed
Expectations of the Oct. 23 summit have steadily built up since Chancellor Angela Merkel and France's Nicolas Sarkozy promised in bilateral talks on Oct. 9 to unveil a comprehensive new euro zone crisis package, including an agreement on how to recapitalise Europe's banks. But Schaeuble's... 'They are important working steps on a long path that will reach far into next year and on which more steps will have to follow,' Seibert told a news conference. With markets and the media ...
Clearing and Settlement — Clearing...
Waser Says Full Euro-Zone Crisis Solution ... - Market News, Analysis
By marketmaker
Waser Says Full Euro-Zone Crisis Solution Not Possible. Oct. 18 (Bloomberg) -- Otto Waser, chief investment officer of R&A Research & Asset Management AG, discusses the European sovereign debt crisis and the outlook for equity markets. ...
Bullfax.com - Market News & Analysis
EU Crisis Road Map: Key Milestones Ahead @ Forex Factory
By From efxnews.com
EU Crisis Road Map: Key Milestones Ahead - Europe is entering a critical week ahead of a euro-zone summit Sunday that is expected to deliver a new plan to address the region's growing sovereign debt crisis. A pending decision on the... ... Submit News. Submissions welcome! Share news, provide analysis, or promote your press release! Story URL: Preferred Broker ...
Forex Factory
The Euro Crisis: Causes and Remedies « All that is Solid for Glenn ...
By rikowski
Greece, Ireland and Portugal are in deep recession and had to request support from the other EUcountries, because markets have stopped lending to them. A European rescue fund has been set up, but the crisis is spreading to other ...
All that is Solid for Glenn Rikowski
Lecture on the Eurozone Crisis | The Observer at Boston College
By Kristy Sidor
Recently, esteemed Professor of Political Science at Yale University David Cameron presented a lecture titled “The Eurozone Crisis: Stumbling toward Economic Government.” Cameron, an expert on the European Union monetary system (he ...
The Observer at Boston College
Germany Warns EU Summit Won’t Yield Complete Fix ...
The Australian Dollar and Euro rally turned sharply lower in the Asian and European sessions after commentary from the German leadership bloc dampened hopes of a solution to the Euro-zone debtcrisis at the summit on October 23. Fundamental ... Factory output increased by 0.2 percent, as expected according to a Bloomberg News survey, and remains the most important cog of industrial production in the United States, as it represents 75 percent of the headline figure. The figure ...
ForexTV Forex News
While you were sleeping: Europe not out of woods yet - sharechat.co ...
Stocks and the euro sank as comments by Germany's finance minister doused hopes a summit later this month would resolve Europe's debt crisis. ... highs on the back of wary comments from Germany suggesting that the upcoming EU summit won't present a final solution for the euro-zone debt crisis,” Stephane Ekolo, chief European strategist at Market Securities in London, told Bloomberg News. ...But manufacturing in the New York region shrank more than expected in October. ...
sharechat.co.nz - Latest News
EU Crisis Can Be Resolved? Not Everyone Agrees — Forex News
By NewsInspector
EU Crisis Can Be Resolved? Not Everyone Agrees. Euro The euro retreated today as the optimism caused by the Group of Twenty meeting weakened on the speculation the credit crisis in theEuropean Union can't be resolved in the near ...
Forex News
Chinese exporters hurting as EU crisis deepens — EUbusiness ...
Wu Wenlong, a belt maker in China, has seen European orders slump 50 percent ... Home → Breaking news → Chinese exporters hurting as EU crisis deepens ...
www.eubusiness.com/news-eu/china-economy.crl
Dailymotion - Germany dampens euro zone crisis hopes - une vidéo ...
Germany's has lowered expectations of a breakthrough in the euro zone's ... home > news & politics > videos > germany dampens euro zone crisis hopes ...
www.dailymotion.com/.../xlqysg_germany-dampens-euro-zon...
Asian stocks down as euro-zone crisis drags on | LATEST NEWS ...
to help bail out strapped economies in the eurozone. The 16 other countries that use the euro have already signed off on the bill, but the measure requires ...
www.headlinenewsonline.com/.../asian-stocks-down-as-eurozo...
Euro zone crisis to dominate G20 Paris meeting - RealClearMarkets
October 14, 2011. Euro zone crisis to dominate G20 Paris meeting. Francesca Landini And Catherine Bremer. PARIS (Reuters) - The euro zone debt crisis will ...
www.realclearmarkets.com/.../euro_zone_crisis_to_dominate_...
Kenya: U.S. and Euro Zone Crises to Affect Nation's Exports | news ...
Slow recovery in the US and debt crisis in Europe will hit the Kenya export sector hard, reducing the impact of measures announced recently to stem the slide in ...
news.gkrom.com/.../kenya-us-and-euro-zone-crises-to-affect-n...
Three-Prong Approach to Euro-Zone Crisis | ThunderFeeds
The euro zone is moving toward action that parallels what Walter Bagehot urged the authorities to do in a banking crisis: Let the troubled bank fail, and protect ...
thunderfeeds.com/.../threeprong-approach-to-eurozone-crisis

Alexander Language Schools

Aesop' Fables, Kindle, Online, Digital, Electronic   Alexander Dictionary of English Idioms, English-French  Under the Sun by Harry ElektronAlexander Dictionary of English Idioms, English-Swedish   Alexander dictionary English Vietnamese, Kindle, Electronic, Digital Online
Enhanced by Zemanta

No comments: