Today: EUROZONE Crisis News, Nov 04, 2011

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Nov 4, 2011

EUROZONE Crisis News, Nov 04, 2011


Euro zone finds no new money for debt crisis at G20
Reuters
By Luke Baker and Giselda Vagnoni CANNES, France, Nov 4 (Reuters) - The euro zone won verbal support but no new money at a G20 summit on Friday for its tortured efforts to overcome a sovereign debt crisis, while Italy was effectively placed under IMF...
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More Work Needed On Euro-Zone Crisis - UK PM
Wall Street Journal
By Nicholas Winning Of DOW JONES NEWSWIRES CANNES, France (Dow Jones)--The euro zone must make more progress in solving its economic crisis because it is having a chilling effect on the world economy, UK Prime Minister David Cameron said Friday after a ...
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Euro zone crisis grave threat to global economy: PM
Times of India
PTI | Nov 4, 2011, 10.06PM IST CANNES: India on Friday said that Eurozone crisis is a potentially grave threat to stability of global economy, but made it clear that management of the crisis is primarily responsibility of the European countries. ...
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Live blog: Eurozone crisis
Financial Times (blog)
This is what he had to say on the eurozone crisis: The Europeans agree with us that it's important to send a clear signal that the Europeanproject is alive and well. He adds that he's heartened by “Europeanleaders agreeing a common course of action”, ...
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Financial Times (blog)
More downside risk seen for hard-hit EU carbon market
Reuters
By Jeff Coelho LONDON (Reuters) - Prices of European Union carbon permits have shed a third of their value since the start of the year and could fall further as the euro zone crisis, a glut of carbon permits and an aviation spat depress market ...
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Eurozone Crisis: Part But Not All of the Solution
Forbes
All through the eurozone crisis things have been made worse than they needed to be by the actions of the European Central Bank. It was obvious that the continent as a whole was slipping back into recession (to say nothing of the periphery countries ...
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Eurozone crisis: So Labour saved us from the euro project? Oh come off it!
Daily Mail
Leaders of other small Eurozone countries stared at his mortal remains and thought 'oo-er'. Cameron, Osborne and Co were down in France. Nick Clegg was doing something Private Godfreyish at an RAF base in Lincolnshire. And the International Monetary ...
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Daily Mail
Eurozone crisis: The possible resolutions
BBC News
Other European banks and pension funds that hold large amounts of Greek debt would also face losses Portugal is the most likely next candidate for default. Other vulnerable countries include Irish Republic, Spain and Italy A run on Greek banks would ...
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Bank exodus from euro zone sovereign debt quickens
Reuters
More lenders are expected to retreat as the euro zone crisis deepens and leaders raise the possibility of the exit of Greece from the bloc, further damaging prices. "The market value of the debt of the countries most under scrutiny is likely to decline ...
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Exposure of US banks to euro crisis 'modest' -W.House
Reuters
CANNES, France Nov 3 (Reuters) - US banks have limited exposure to the euro zone crisis and the United States can cope with any spillover if debts sour further amid uncertainty over Greece, the White House said on Thursday. ...
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Commerzbank turns off money tap after Q3 Greece hit
Reuters
DE) will refuse loans which don't help Germany or Poland, as the euro zone crisis makes European banks more protectionist in choosing between writing new business and meeting stringent capital requirements. "We are not doing business which is not to ...
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Reuters
UK 'well prepared' to deal with eurozone crisis
BBC News
Mr Bone believed Greece - which has promised its people a referendum on the latest eurozone bail-out - should be allowed to exit the euro and take control of its currency. Addressing the Commons on 3 November 2011, Mr Hoban said it was "vital" world ...
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BBC News
TAKE-A-LOOK-Euro zone gets no new G20 money for debt crisis
Reuters
The euro zone won verbal support but no new money at a G20 summit for its tortured efforts to overcome a sovereign debt crisis, while Italy was effectively placed under IMF supervision. Double click on codes in brackets to read stories. ...
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Why is unity so important to Europe?
CNN
By Bryony Jones, CNN The leaders of Germany and France, Angela Merkel and Nicolas Sarkozy, are struggling to keep the European Union -- and the euro -- together in the face of the eurozone crisis. London (CNN) -- Europe's leaders are battling to keep ...
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Treasurys Rebound As Euro-Zone Fears Trump US Jobs Report
Wall Street Journal
By Min Zeng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Investors' confidence in global policymakers' ability to stem the euro zone's sovereign-debt crisiswas rattled again Friday, sparking a rush out of US stocks and into safe-haven Treasury bonds. ...
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Euro crisis takes toll on Dubai Group
The National
The euro-zone crisis is hampering attempts by Dubai Group to sell assets as the troubled investment company grapples with US$10 billion (Dh36.73bn) of debt. The company, part of Dubai Holding, is having difficulty proceeding with disposals intended to ...
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The National
Tate & Lyle wary of euro crisis effects
Yorkshire Post
Sweetener and starches maker Tate & Lyle said it was concerned about the ongoingeurozone crisis after it posted a 38 per cent jump in half-year profit as it saw little impact yet from the global economic downturn. The London-based group posted a ...
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G-20 falters with limp IMF offer for Europe
Casper Star-Tribune Online
European leaders had meant to use the summit of the Group of 20 leading economies in Cannes, France to get foreign powers like China to help with the debt crisis that has rocked the eurozone for the past two years and threatens to push the world ...
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Soros urges change in eurozone crisis management
Budapest Business Journal
Euro-zone leaders have finally realized the necessity for a bold solution to the continent's debt crisis, but steps announced so far are not adequate to effectively solve Europe's economic woes, billionaire tycoon and philanthropist George Soros said ...
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Key Defections Hit Berlusconi
Wall Street Journal
The defections come at a delicate moment in the euro-zone crisis. Just as Greece's government is facing a planned confidence vote, Mr. Berlusconi's governing coalition is crumbling from within. Mr. Berlusconi has often struggled to maintain the ...
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Time for the final act in solving the eurozone crisis
EurActiv
The European Commission today broke a taboo by not rejecting the assumption that Greece may leave not only the eurozone, but also the EU, because cur.. The possibility of a Greek rejection of the eurozone bailout package has shown both the fragility of ...
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EU debt crisis tests democracy
Khaleej Times
Even in powerhouse Germany, some in Chancellor Angela Merkel's CSU sister party have called for major decisions on the euro to be decided by referendum from mow on rather than by parliament. This comes as the EU big two, France and Germany, ...
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Government attacks Abbott's IMF stance
ABC Online
The Government has taken aim at Tony Abbott's comment that Australia should not boost its commitment to the IMF as it grapples with the Eurozone crisis. Mr Abbott says the Government could be subsidising troubled economies like Greece without ...
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Euro area services sector slumps
Irish Times
Private sector activity in the euro zone shrank at its fastest pace in 28 months in October as the debt crisis sapped new business and soured sentiment in an economy looking like it is heading into a slump, survey data showed today. ...
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Euro crisis takes down Wall Street star Corzine
AFP
Corzine apparently wagered that the European crisis would have been resolved by now, and the company would have scored sizable profits. But reports say the firm leveraged those investments as collateral for more funds to trade, and when it could not ...
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AFP
XE.com - Euro zone crisis - Nov 4 as it happens
Search for a news provider, date, or keywords. News Providers: Thompson Financial, AP, XFN-Asia, Daily FX, Reuters Date format: yyyy-mm-dd. Refresh Articles. Euro zone crisis - Nov 4 as it happens. Top Articles. US deficit-cut deal can ...
XE Forex News
RBS results hurt by euro zone crisis (Reuters) | Wall Street Financial ...
By Yahoo! News: Business - European Economy
... by Yahoo! News: Business - European Economy ... Reuters - Royal Bank of Scotland is to further shrink its investment bank arm and cut more jobs after the euro zone debt crisis saw third quarter profits slump, hampering its turnaround. ...
Wall Street Financial News
Gold Rises On Deepening Euro Zone Crisis | Gold Newswire
By goldguru
Reuters Wed Nov 2, 2011 11:52am EDT By Susan Thomas * Euro factories decline deepens in Oct * Euro bounces but vulnerable to Greek events * Coming.
Gold Newswire
G20 leaders address eurozone crisis | Olive Press Newspaper | News
By James Bryce
One trillion euro deal helps ease eurozone crisis. October 27, 2011 | Business & Finance Lead National NewsEuropean leaders agree to cut Greek debt by 50 per cent while Spanish banks must raise 26.2 billion euros in capital ...
Olive Press Newspaper
Eurozone crisis: live blog | The World | International affairs blog from ...
By Tom Burgis
Welcome back to the FT's live coverage of the eurozone crisis. By Tom Burgis and ...14.55: More gloomy market news: Italian 10-year government bobd spreads over Bunds reach euro-era high of 463 basis points. 14.50: More from Hugh ...
The World
PM: 'No risk' to UK in IMF plan « News Hub Today
By NewsHubToday
George Osborne and IMF head Christine Lagarde The chancellor has said the UK must face up to its responsibilities regarding the IMF. Via. Live: Greek eurozone crisis Live; How might Greece leave the euroEurozone crisis explained; Euro ...
News Hub Today
Greece and the Euro Crisis - Conservative Daily News
By Warren Beatty (not the liberal actor)
Hermann-Otto Solms, a financial policy leader in German Chancellor Angela Merkel's center-right coalition, said Greece should start thinking about leaving the eurozone. The worsening Euro crisis has hurt Merkel's standing in Germany, with ...
Conservative Daily News
Euro must be preserved at all costs – Sarkozy — RT
By RT
The sovereign debt crisis in the eurozone has dominated the first day of the G20 summit in Cannes. The Greek PM's vacillating over a ... Go to main page News Euromust be preserved at all costs – Sarkozy. MORE ON THE STORY ...
News RSS : Today
G20 draws blank in eurozone crisis - UK & World News - News ...
By JournalLive
World leaders have drawn a blank in their efforts to resolve the eurozone crisis, as the G20 summit ended with no agreement on crucial measures to shore up ailing economies.
JournalLive - News - UK & World News
G20: Eurozone gets no new money | Economy | News | Financial Post
The eurozone won verbal support but no new money at a G20 summit on Friday for its tortured efforts to overcome a sovereign debt crisis, while Italy was effectively placed under IMF supervision. ... “They're going to have a strong partner in us, but Europeanleaders understand that what is ultimately important is to have a strong signal from Europe that they are standing behind the euro,” he told a news conference. But Australian Prime Minister Julia Gillard summed up the mood of ...
FP Top Stories List
Debt crisis: live - Telegraph
David Cameron urges a quick resolution of the eurozone crisis, as G20 in Cannes ...Jose Manuel Barroso, president of the European Commission, with Nicolas Sarkozy at.... Pedestrians pass a news stand displaying a photograph of George ...
www.telegraph.co.uk/finance/.../8846201/Debt-crisis-live.html
Greek referendum deepens euro zone crisis - World news - Europe ...
The leaders of France and Germany scrambled on Tuesday to limit damage after Prime Minister George Papandreou decided to let Greeks vote on a bailout ...
www.msnbc.msn.com/.../bad-idea-bad-timing-shock-greek-ref...
Europe must do more on euro zone crisis: Japan PM - Yahoo! News
Read 'Europe must do more on euro zone crisis: Japan PM' on Yahoo! News. LONDON (Reuters) - Japanese Prime Minister Yoshihiko Noda was quoted by the ...
news.yahoo.com/europe-must-more-euro-zone-crisis-japan-p...
Euro zone finds no new money for debt crisis at G20
But the IMF's new role takes the euro zone crisis to a new level and suggests that markets no longer trust the EU to police its own economies. ...
www.reuters.com/article/2011/.../g-idUSL5E7M35XA201111...
The euro-zone crisis: China to the rescue? | The Economist
Then again, we have been here many times before during the euro-zone saga. ... Theeuro crisis: The Greeks will vote on something, and other euro news ...
www.economist.com/blogs/freeexchange/.../euro-zone-crisis-4
PRECIOUS-Gold rises on deepening euro zone crisis
Adding to the gloom, business surveys showed the downturn in euro zone ... But in positive news, US private employers added more jobs than expected in ...
www.reuters.com/.../markets-precious-idUSL5E7M20ZY2011...
BBC News - How France views the eurozone crisis
How France views the eurozone crisis. Matthew Price By Matthew Price Europecorrespondent. TGV train passes in front of billboard showing an enormous eye ...
www.bbc.co.uk/news/business-15567028
G20 Summit Focuses on Eurozone Debt Crisis | News | English
... with the summit dominated by the European debt crisis and questions about a ...the euro, in the eurozone and a strong partner in Europe," said Papandreou. ...
www.voanews.com/.../Obama-Pushes-for-Eurozone-Debt-Crisi...
Eurozone crisis: So Labour saved us from the euro project? Oh ...
MailOnline - news, sport, celebrity, science and health stories ... Yet more UK billions to bail out euro: As Greek crisis deepens, Cameron raises commitment to ...
www.dailymail.co.uk/.../Eurozone-crisis-So-Labour-saved-eur...
Conclusive summit deal on euro zone crisis looks elusive | Reuters
... for a comprehensive deal to resolve the euro zone debt crisis at a summit on Wednesday look dim, ... Inside the News: Euro seen dropping by end of 2011 ...
www.reuters.com/.../us-eurozone-idUSTRE79I0IC20111025
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