
HARRY ELEKTRON
Composer, Film and Documentary Music, Songwriter, Singer, Theatrical Performance
Stocks Take Nose Dive On Economic Fears NPR Investors are increasingly worried about economic weakness in the US and a debt crisis in Europe. "We are continuing to be bombarded by worries about the global economy," said Bill Stone, chiefinvestment strategist at PNC Financial. ... See all stories on this topic » | ||
Stocks plunge as economic, Europe worries continue Forbes By DAVID K. RANDALL , 08.04.11, 03:38 PM EDT The stock market is in the midst of its biggest retreat since the financial crisis. The Dow Jones industrial average plunged as many as 440 points Thursday afternoon. It is now down more than 1200 points ... See all stories on this topic » | ||
Treasury Yields Evoke Eisenhower Era as Growth Stalls Bloomberg The yield, which dropped to as low as 2.46 percent today in New York, reached a record low of 2.04 percent in December 2008 during the global financial crisis. Investors are piling into Treasuries after the European Central Bank resumed bond purchases ... See all stories on this topic » | ||
AT A GLANCE: Financial Markets Reel Amid Growth, Debt Fears Wall Street Journal THE EVENT: Concerns about dismal economic growth prospects, the sovereign debt crisis in Europe and the inability of officials around the globe to craft solutions to those problems sparked big losses on financial markets Thursday. US stocks were at ... See all stories on this topic » | ||
Perfect Storm of Terrible News Sends Dow Plunging 300 Points The Atlantic Peter Schroeder at The Hill notes that the Dow "has lost more points in the last two weeks than it did after the House initially failed to approve a bailout of US banks at the height of the financial crisis in 2008." In another rocky day on Wall Street ... See all stories on this topic » | ||
Japan Follows Switzerland in Intervening to Stem Currency's Appreciation Bloomberg In Europe, policy makers have failed to contain a crisis that's required a second bailout of Greece. Spanish and Italian 10-year government bond yields reached euro-area record levels this week on concern that increasing debt-servicing costs and ... See all stories on this topic » | ||
Indonesia Growth Spurs World's Priciest Stocks as BRICs Retreat BusinessWeek Faster growth and lower inflation spurred Standard & Poor's and Fitch Ratings to say this year they may give President Susilo Bambang Yudhoyono's government an investment grade credit grade for the first time since the Asian financial crisis in 1997. ... See all stories on this topic » | ||
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Canadian investors in for rough ride, says economist Global Saskatoon The volatile market has unnerved investors in Canada and around the world. To address some of their concerns, Global News spoke to Martin Schwerdtfeger, senior economist at TD Bank FinancialGroup. Stock markets tumbled Thursday. ... See all stories on this topic » | ||
Bank of New York sets precedent for charging interest on clients for owning cash Examiner.com Now that a new global credit crisis is rising in Europe and the US once again, the need forinvestment banks to get people into, or remain holders of equities is imperative as signs of a market selloff raise questions on the solvency of the global ... See all stories on this topic » | ||
Newspaper Briefing, including 'FTSE 100 led European shares down on US ... Proactive Investors UK The US economy is also flat lining, with slower growth now expected - confidence in the country evaporated overnight and a frantic hour of trading on Wall Street sent the Dow Jones Industrial Average on its worst run since the financial crisis, ... See all stories on this topic » | ||
Austerity Top Priority As Economy Sputters, Americans Suffer Huffington Post From the Wall Street perspective, "inflation is a huge risk," said Troy Davig, US economist at Barclays Capital, the British investment bank. That's because inflation erodes the value of bonds. "It's implicitly defaulting on the debt," he said. ... See all stories on this topic » | ||
COVER STORY FM.co.za Paul Hansen, Stanlib head of retail investing, says an increasing number of Liberty agents and Standard Bank financial planners are repatriating their clients' offshore portfolios. “They've had enough of the complaints from clients about the way the ... See all stories on this topic » | ||
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G20, central banks may have to step in again Montreal Gazette By ANDREW TORCHIA and PAUL CARREL, Reuters August 4, 2011 With financial markets in turmoil and economic growth slowing, policy-makers around the world may once again be forced to co-operate to try to head off a crisis, as they did successfully in ... See all stories on this topic » | ||
US Stocks Plunge As Recession Fears Spur Broad Selloff Wall Street Journal The bank cited the massive dollar deposits it has received over recent weeks, as investors and corporations retreat from financial markets amid Europe's debt crisis and the recent debate over US government borrowing. Investors fled to US Treasurys, ... See all stories on this topic » | ||
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Search on For Safe Investment Ports in Crisis IBTimes Hong Kong By Jeremy Gaunt, European Investment Correspondent | August 4, 2011 9:04 PM HKT The globaleconomy is more sluggish than first thought, government bonds offer no real return, gold is super expensive and stock markets sell off at the slightest setback. ... See all stories on this topic » | ||
Analysis: Crackdown on bank risk leaves "black box" empty IBTimes Hong Kong At the same time, financial watchdogs are putting an end to the behind-closed-doors trading of derivatives, a practice that earned itself a bad reputation in the credit crisis, when arcane derivatives blew up without forewarning. ... See all stories on this topic » |
Stocks Skid Amid Lack of Action From Leaders New York Times ... LONDON — Stocks tumbled in Europe and on Wall Street on Thursday led by banks, while bond yields gyrated amid intensifying concerns about the weakening global growth outlook and the euro zone's ability to find a path out of its debt crisis. ... See all stories on this topic » | |||||
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What does the eurozone deal really mean for Greece? Kathimerini “They do not have the potential to put an end to the debt crisis. Instead, the risk of contagion of other countries will increase. This is because the much too low haircut sends the message to the market participants that an even more significant ... See all stories on this topic » | |||||
No headway in Italy-EU talks as debt crisis deepens Oman Tribune LUXEMBOURG/ ROME Italian Finance Minister Giulio Tremonti and euro zone chief Jean-Claude Juncker had little to offer after talks on Wednesday as Italy and Spain risk being swamped by theeuro zone debt crisis. Despite mounting pressure on debt bonds ... See all stories on this topic » | |||||
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Calls Grow for Global Effort to Address Debt Crisis Wall Street Journal The US's dismal economic outlook and Europe's debt crisis—along with a string of disappointing economic reports around the world—are driving investors out of the dollar and euro and into the perceived safety of currencies like the Swiss franc and ... See all stories on this topic » | |||||
Eurozone Facing "Organized Attack" As Yields Rise-Greek Fin Min Wall Street Journal Since early last year, Greece has been at the center of Europe's widening debt crisis, which has gradually spread to other peripheral economies--like Portugal and Ireland--and now appears to be threatening some of the currency bloc's bigger members as ... See all stories on this topic » | |||||
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Global share markets jittery over debt fears Radio New Zealand World stock markets fell sharply on Thursday as worries about a global slowdown and the euro zone debt crisis intensified. Share markets in Europe dropped for a second day as investors feared the euro zone debt crisis could spread to Italy and Spain. ... See all stories on this topic » | |||||
Regulator asks UK banks to detail Belgium exposure -Lloyds Reuters The premium investors demand to hold 10-year Belgian debt over benchmark German Bunds rose to its highest since the launch of the euro earlier this week, as concern about the spreading euro zone debt crisis and a US slowdown spurred investors to switch ... See all stories on this topic » | |||||
German shares slump wipes 100 bln euros off DAX Reuters That marks a new phase in a euro zone sovereign debt crisis that has already taken a heavy toll on Greek, Portuguese, Irish, Spanish, and Italian stocks but had, until recently, spared the equity market of Europe's biggest economy. ... See all stories on this topic » | |||||
World markets tumble as Euro debt crisis intensifies National Business Review World sharemarkets have plunged on fresh fears the euro-zone debt zone crisis could intensify. On Wall Street, pushing both the Dow Jones Industrial Average and the Standard & Poor's 500 index have plunged into correction territory, ... See all stories on this topic » | |||||
Investment professionals increasingly concerned about euro zone debt Investment International The figures illustrate a growing lack of confidence as 65% considered this a significant challenge in the last quarterly survey, and only 51% saw the Eurozone debt crisis as a major challenge at the start of the year. The prospect of a second banking ... See all stories on this topic » | |||||
The wobbly West Times of Oman The eurozone sovereign-debt crisis appears to have been the worst-managed financial crisis since Argentina's default in 2001. The European Union and eurozone leaders have seriously discredited themselves. Europe requires institutional changes that are ... See all stories on this topic » | |||||
Hitting pause on the eurozone crisis Business Spectator I discussed the mechanics of the European debt crisis with him over the past week. Sarrazin is most well known these days for his outspokenness, or indeed bluntness, on the failures of the welfare state and multiculturalism. ... See all stories on this topic » | |||||
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Rating the Ratings Firms: An 'I' for 'Ignore' Wall Street Journal "We have to ask ourselves serious questions about the role they are playing in the crisis hitting certain countries in the euro zone," Michel Barnier, the EU official overseeing an overhaul of financial regulation, told Reuters. As a result, the EU has ... See all stories on this topic » | |||||
Futures Tumble Amid Euro Zone Jitters CNBC.com Futures briefly cut some of their earlier losses Thursday after investors cheered the weekly jobless claims numbers, but quickly plunged again, pressured by fears over the euro zone debt crisis and as the dollar surged against a basket of currencies. ... See all stories on this topic » | |||||
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EU president urges fast approval of Greek aid Kathimerini The head of the European Council, Herman Van Rompuy, called on Wednesday for eurozonemembers to speed up their approval of the latest support package for Greece amid growing concern that Spain and Italy will be engulfed by the debt crisis. ... See all stories on this topic » | |||||
A look at economic developments around the globe Forbes European Commission President Jose Manuel Barroso urged eurozone leaders to make further changes to their bailout fund - including boosting its size - to ensure it can effectively stem the debt crisis that has rocked the currency union for 21 months. ... See all stories on this topic » | |||||
Cyprus, France and the euro-zone crisis The Economist Bank of Cyprus, the country's largest lender and a crucial investor in government debt, warned this week that the sovereign faced an “imminent” bail-out. Help may yet come from outside the euro zone. Thanks to amenable bankers and double-taxation ... See all stories on this topic » | |||||
Czech Central Bank May Keep Interest Rate at Record Low on Euro Debt Woes Bloomberg The euro area's debt crisis, which is threatening to spread to Italy, has reduced chances Czech policy makers will follow their counterparts across Europe in raising borrowing costs to curb inflation. Even with the Czech economy expanding faster than ... See all stories on this topic » | |||||
Euro zone growth weakens as Germany, France ebb - PMI Reuters UK The data will provide little cheer for policymakers, coming as the 17-nation bloc struggles through adebt crisis that has so far engulfed Greece, Ireland and Portugal and shows little sign of waning. The Markit Eurozone Services Purchasing Managers' ... See all stories on this topic » | |||||
Slovakia: August 2011 FXstreet.com In response to the debt crisis, we slightly increased the end-2011 estimate of the Slovak bond yield. In the real economy, the downside risks for real GDP growth has increased due to both worse indicators from the Eurozone and sentiment in Slovakia. ... See all stories on this topic » | |||||
Signs of Stress on the Rise Across Europe Wall Street Journal By DAVID ENRICH And CARRICK MOLLENKAMP The European sovereign-debt crisis placed new strains on the Continent's banks on Wednesday amid signs that some lenders are finding it harder and more expensive to fund themselves. ... See all stories on this topic » | |||||
ECB might renew its Gov't Bond Buying program FXstreet.com €2.5-3.5B indicated range in 3.4% 2014 and 2015 Bonds - EU leaders feel the strain from the debt crisis. Dealers note that the defense of Spain and Italy will decide the Euro Zone's future - European shares were higher during Thursday's session ... See all stories on this topic » | |||||
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Stock ETFs Down on Euro Jitters; Japan Intervenes to Halt Yen ETF Trends In Europe, the iShares MSCI Italy (NYSEArca: EWI) was set for a sharply lower open as a speech by Prime Minister Silvio Berlusconi failed to soothe markets. [Italy ETF Feeling Heat of Debt Crisis] See all stories on this topic » |
Eurozone bailout fund 'needs boost' - timesofmalta.com By PA Eurozone bailout fund 'needs boost'. The eurozone needs to make further changes to its bailout fund - including boosting its size - to ensure it can stop the debt crisis from drawing in big economies like Italy and Spain, a top European Union official said. ... However, the accord failed to stem rising panic on financial markets over the ability of Italy and Spain - the eurozone's third and fourth largest economies - to repay their debts. Although the yields, or interest ... timesofmalta.com |
Tremonti, Juncker held debt crisis talks | The Independent Daily By Independent News Service The talks followed a new day of drama on financial markets as Italy and Spain faced soaring borrowing costs that threaten to sweep the eurozone's third and fourth-biggest economies into a widening Greek-style debt crisis. ... The Independent Daily |
Euro markets steady ahead of Spain auction, ECB - MAARS News By Valkyries (Reuters) – Euro zone sovereign bond markets steadied Thursday ahead of a crucial European Central Bank policy-setting meeting that investors hope will signal a more aggressive approach to fighting the currency area's debt crisis. ... Yields of Italian and Spanish 10-year bonds fell in early trading before an auction in which Spain planned to sell up to 3.5 billion euros ($5 billion) of government paper after crisis telephone consultations with European Union authorities . ... MAARS News |
The debt crisis could delay a further rise in ECB rates ... By B.B debt crisis could delay a further rise in ECB rate. Photo of the News. Photo: Reuters. MADRID, Aug. 4 (EUROPA PRESS) –. The new surge in the crisis of sovereign debt in the euro zone, which has led to the Spanish risk premium to exceed ... Inversis responsible for managing Bank, Fernando Hernandez, emphasizes the importance of the meeting of the ECB Governing Council, held at a “delicate” in the markets with risk premiums on the periphery of the Eurozone new “shot” and ... Economics Newspaper |
The eurozone crisis requires a radical solution By John Ellis Follow us on Facebook and get updates from Politics posted directly to your news feed. Enter you email address and zip code to set up customized email alerts. ... Germany absorbs the deadbeats'debt, in exchange for first lien on all the assets across the eurozone (more or less). 3. The Geuro and the Euro. The Geuro is Germany and a handful of others who have their act together. The Euro is the deadbeats and the extend and pretenders. France, as one expert told us this ... Politics |
Guess what? The Finpocalypse is upon us. Now. | eats shoots 'n leaves By richardbrenneman The latest news from Europe is nothing less than catastrophic, and Wall Street has taken notice. The U.S. debt ceiling farce, the implementation of the Koch brothers mandate to destroy government, was merely the latest trigger, ... European Commission President Jose Manuel Barroso has warned that the sovereign debt crisis is spreading beyond the periphery of the eurozone. In a letter to European governments, he called on them to give their “full backing” to the euro ... eats shoots 'n leaves |
Gold hovers below record high; SPDR holdings ... - China Business News By CBN Gold held steady below its record high on Thursday, supported by worries about the spreading euro zone debt crisis and slowing global growth, while holdings in the SPDR Gold Trust rose for a second consecutive session. FUNDAMENTALS ... Growth in much of the world's service sector was anaemic in July as firms around the world worried about the debt crisis in Europe and the U.S. as a well as slowing consumer demand, business surveys showed on Wednesday. ... China business news |
EUROPE NEEDS A BAZOOKA | PRAGMATIC CAPITALISM By Cullen Roche Europe must stop the contagion. Although not entirely analogous to the American credit crisis (which was really a household debt crisis), the Euro crisis is similar. And I think it's going to require an equally large bazooka. ... “Stopping Europe's current crisis requires fundamental overhaul of theeurozone's institutions. But the most important part of that overhaul is to ensure that the ECB takes on full responsibility as a lender of last resort in the government bond ... PRAGMATIC CAPITALISM |
Debt crisis: live | www.bullfax.com - Market News and Analysis By marketmaker The eurozone's new year heralds a debt crisis that has alarm bells ringing and markets tracking government plans to tame the growing shortfall.Officials have borrowed heavily to pull the 16-nation zone out of its first recession, ... Bullfax.com - Market News & Analysis |
EU Urges Bailout Changes as Stocks, Euro Tumble | LoanSafe.org By Alex Ferreras Welcome to America's #1 Home Mortgage Blog. Get the latest home loan news from the most trusted online mortgage community on the internet - LoanSafe.org ... European Commission President Jose Manuel Barroso admitted as much, urging eurozone leaders to make further changes to their bailout fund – including boosting its size – to ensure it can effectively stem the debt crisisthat has rocked the currency union for 21 months. Barroso's appeal and the ECB's apparent ... LoanSafe.org |
NewsDaily: Spain passes tough debt test, but at a cost By Nigel Davies NewsDaily: Your best source for breaking news ... Spanish yields have soared to their highest level since the inception of the euro as a still-deepening debt crisis threatened to swallow the larger economies of Italy and Spain. ... He also said that Chinese accounts had been buying debt issued by the euro zone's highly-indebted periphery in recent weeks. The bond sales were the first since Prime Minister Jose Luis Rodriguez Zapatero called early elections last week, ... NewsDaily: Top Headlines |
Bangkok Post : Debt crisis hits heart of eurozone, ECB extends ... The European Union said the debt crisis is now striking at the heart of the eurozone and ...Published: 5/08/2011 at 12:32 AM; Newspaper section: news. The logo of the European currencyEuro stands in front of the European Central Bank ... www.bangkokpost.com/.../debt-crisis-hits-heart-of-eurozone-e... |
Spain to offer bonds as ECB meets amid crisis | Reuters Europe stocks sink on global growth, euro zone fears. 4:47pm BST ... Inside the News: Italian debt worries dominate market focus ... hoping the ECB will signal a more aggressive approach to fighting the euro zone's debt crisis. ... uk.reuters.com/.../uk-eurozone-idUKTRE77129020110803 |
EUobserver / Barroso: EU moving too slow on debt crisis The trusted source of EU related news and information. ... Barroso: EU moving too slow on debt crisis. Barroso (r) is 'deeply concerned' while ... signal of the euro area's resolve to address the sovereign debt crisis," he added. ... Eurozone leaders at a summit in July agreed to change the terms of the currency ... euobserver.com/9/32680 |
EU President Warns Debt Crisis Is Spreading | Headlines | News ... ... Commission has warned that the eurozone debt crisis is spreading. ... He called for a re-assessment of all elements of the eurozone's current and future ... www.jackradio.com/.../eu-president-warns-debt-crisis-is-sprea... |
China voices confidence on euro zone debt as crisis ... - Yahoo! News Read 'China voices confidence on euro zone debt as crisis spreads' on Yahoo! News. BEIJING (Reuters) - China's foreign minister on Wednesday expressed ... news.yahoo.com/china-voices-confidence-euro-zone-debt-cris... |
Eurozone debt crisis spreads to Italy and Spain - Newstalk 106-108 ... Eurozone debt crisis spreads to Italy and Spain - Newstalk 106-108 fm ... Google News Business (Today) - ReutersEURO GOVT-Bunds rally on worries crisis will ... thunderfeeds.com/.../eurozone-debt-crisis-spreads-to-italy-and... |
CNC World - Eurozone debt crisis The European Union says that investors now doubt whether the euro zone can overcome its debt crisis. Italian Prime Minister Silvio Berlusconi has called for ... www.cncworld.tv/news/v.../17104_Eurozone_debt_crisis.shtm... |
US debt, euro zone crisis hit European shares | Latest News Update Fears of contagion in the euro zone debt crisis also hit share prices. Banks were the worst performers, with the STOXX Europe 600 Banks index down 2.2 ... latestnews.gsmrise.com/.../us-debt-euro-zone-crisis-hit-europea... |