Today: EUROZONE Crisis News, Nov 12, 2011

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Nov 12, 2011

EUROZONE Crisis News, Nov 12, 2011


Business News Italy approves new law to avert euro zone crisis
Gulf Daily News
Spain, the euro zone's fourth largest economy which holds elections in nine days, stopped growing in the third quarter, putting its deficit-reduction goals in doubt. With European leaders dithering over how to tackle the deepening crisis, pressure has ...
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Gulf Daily News
Eurozone crisis will hit UK hard, warns Cameron
The Guardian
However, economists are warning that even if the immediate crisis is over, confidence has been shaken by the events of recent days, and theeurozone economy is heading for a double-dip downturn. Michael Saunders, European economist at Citigroup, ...
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The Guardian
IMF chief says Italy's stability key to improving eurozone crisis, Japan not ...
Washington Post
The eurozone financial crisis, set off two years ago by Greece's overwhelming debt, has now engulfed Italy, which has the third-largest economy among the 17 nations that share the euro currency. The crisis has toppled Prime Minister Silvio Berlusconi, ...
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'Euro crisis, smokescreen for UK PM'
Press TV
"But when people's jobs, homes and businesses are in jeopardy it is not enough for the prime minister and the chancellor to use the eurozone crisis as a cloak to hide their lack of action." According to the EuropeanCommission, Britain's economic ...
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Press TV
Fed's Yellen urges Europe to act on crisis
Reuters
Yellen urged European officials to solidify and follow through on rescue pledges. While aeuro zone crisis-fighting plan announced in October was a step in the right direction, details remain murky, she said. "The continued rise in sovereign debt ...
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Call to axe 50p tax rate amid euro crisis
Glasgow Evening Times
AXEING the 50p tax rate should be among the “immediate actions” George Osborne takes to shore up Britain's economy against the fallout from the eurozone crisis, leading City figures have urged. The Chancellor should “accelerate” plans to scrap the top ...
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Putin doubts EFSF and IMF can overcome euro crisis
Reuters
By Gleb Bryanski POZDNYAKOVO, Russia, Nov 11 (Reuters) - Russian Prime Minister Vladimir Putin expressed doubt on Friday that the European Financial Stability Facility and the IMF have enough resources to overcome the euro zone crisis and said the ...
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Eurozone Crisis: Enter the economists
89.3 KPCC (blog)
But in the case of the Eurozone, it's actually a dangerous propostion to expect a cadre of technocratic economist to pull the euro out of its death spiral. After all, the euro is perhaps the greatest technocratic achievement of all time. ...
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89.3 KPCC (blog)
Politics stymie China's EU aid offer
Reuters
By Benjamin Kang Lim and Nick Edwards BEIJING (Reuters) - Diplomatic deadlock is curbing China's will to provide cash to help end the euro zone crisis after Europe spurned the simplest of Beijing's three key demands, two independent sources have told ...
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Reuters
InvestTechFX Reports On Possible High Probability Trades From The Euro Zone Crisis
Emailwire (press release)
FX trading experts at InvestTechFX explore some possible high probability trades resulting from the recent Euro Zone crisis. The 80/20 rule as well as the use of Bollinger bands is further discussed. (EMAILWIRE.COM, November 11, 2011 ) ONTARIO, ...
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Ex-European Commissioner: that's not a Euro crisis, that's a Eurozone
By RT
Inefficiency of European fiscal authorities caused "the most perfect financial storm," says Peter Mandelson, former European Trade Commissioner. He explains how markets get the right people into the government more effectively than in ...
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Path out of euro zone crisis spells prolonged ... - Yahoo! News
From Yahoo! News: LONDON (Reuters) - Even if the euro zone manages to relieve the immediate financial pressures threatening it, weaker members in ...
news.yahoo.com/path-euro-zone-crisis-spells-prolonged-econ...
BBC News - Eurozone crisis: Osborne warns of impact on UK jobs
UK Chancellor George Osborne warns the eurozone crisis is still ... events, David Cameron said there was still a "big question mark" over the eurozone's future. ...
www.bbc.co.uk/news/uk-politics-15691546
Eurozone crisis: Obama orders European leaders to take more ...
U.S. President Barack Obama made telephone calls to German Chancellor Angela Merkel, French President Nicolas Sarkozy and Italian President Giorgio ...
www.dailymail.co.uk/.../Eurozone-crisis-Obama-orders-Europ...
Italy eyes unity cabinet as EU dithers on crisis - Business - World ...
The ECB has bought more than 180 billion euros of peripheral euro zone bonds ... is particularly conducive to volatility," she told a news conference in Beijing. ...
www.msnbc.msn.com/.../italy-eyes-unity-cabinet-eu-dithers-cr...
Euro zone crisis 'hitting UK economy' - Arab News
LONDON: British treasury minister Danny Alexander said the euro zone debt crisis was hitting business confidence, although the recent G20 summit in France ...
arabnews.com/economy/article530169.ece
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