Today: EUROZONE Crisis News, Jan 16, 2012

Search

ALS, Alexander Language Schools Franchise


Jan 16, 2012

EUROZONE Crisis News, Jan 16, 2012

Eurozone crisis live: Greece battles default as markets digest S&P downgrades
The Guardian
7.45am: Good morning, and welcome to another day of rolling coverage of the eurozone financial crisis. Two issues dominate the agenda today - Greece, following the breakdown in debtreduction negotations, and the aftermath of last Friday's mass ...
See all stories on this topic »

Eurozone debt crisis likely to be over soon, predicts HSBC
Telegraph.co.uk
As he drummed up the UK as a destination for Asian investment, Mr Osborne drew a clear line between Britain's fiscal discipline and that of the rest of the Euro zone. "The financial crisis and the deep recessions has been the toughest of reminders of ...
See all stories on this topic »

Telegraph.co.uk
Debt Crisis: Live
Telegraph.co.uk
Monti has also called for a reduction in the differences between the eurozone and Britain "as much as possible". 10.26 TheEuropean debt crisis is likely to be over in a "reasonably short timeframe", Douglas Flint, the chairman of HSBC, has predicted....
See all stories on this topic »

Telegraph.co.uk
Euro debt crisis hits Nikkei; construction firms up
Reuters
Financials were also came under pressure on concerns that the deepeningeuro zone sovereign debt turmoil would lead a banking crisis. Both Sumitomo Mitsui Financial Group and Mitsubishi UFJ Financial Group shed 2.1 percent. The Topix fell 1.5 percent ...
See all stories on this topic »
Euro Zone Hit by Markets' 'Over-Expectation': Economist
CNBC.com
Markets expect too much from European policymakers when it comes to plans to solve the euro zone debt crisis, which worsened on Friday when rating agency Standard & Poor's downgraded some euro members, a former Bank of England official told CNBC. ...
See all stories on this topic »

CNBC.com
Eurozone debt crisis: China a harbinger for global slowdown
Economic Times
Ratings downgrades on nine euro zone countries by Standard & Poor's late Friday - including France, Italy and Spain - sent a shiver through financialmarkets. But the move was long telegraphed, likely limiting any spillover. A global economy slowing ...
See all stories on this topic »
IMF executive warns of eurozone debt crisis 'spiral'
Economic Times
The move will increase the affected countries' borrowing costs and could lead to a similar downgrades of the European Financial Stability Facility, theeurozone's bailout fund. Lipton said the "good news" is that "we know what policies are needed, ...
See all stories on this topic »
The perils of European debt crisis: divergence, retreat or decline?
Citizen Economists (blog)
Asymmetry adjustment that currently threatens the existence and stability ofEurozone lies at the heart of Eurozone's debt crisis. As a general matter,economic policies have failed to recognize that structural measures in the labor market and fiscal ...
See all stories on this topic »
Crisis kills revival in Europe microcosm Belgium
Reuters
The debt crisis that began in Greece two years ago has crushed Europe's recovery from the 2008/2009 global financial crisis, potentially shrinking euro zone output by up to 1.5 percent this year by ratings agency Standard & Poor's estimate. ...
See all stories on this topic »
UK Osborne: Euro Zone Needs To Stand Behind Its Currency
Wall Street Journal
By Nicholas Winning LONDON (Dow Jones)--The euro zone needs to show convincingly that it can stand behind its currency and resolve the Greek debt crisis, UK Chancellor of the Exchequer George Osborne said Monday in response to the downgrade of nine of ...
See all stories on this topic »
EU Leaders Focus on 'Progress'
Wall Street Journal
S&P expressed reservations about the predictability and effectiveness of European political efforts to contain the region's chronic debt crisis. France was furious in November when S&P mistakenly suggested it had downgraded the country, ...
See all stories on this topic »

Wall Street Journal
Euro zone deals double blow to UK property
Reuters
LONDON Jan 16 (Reuters) - The euro zone sovereign debt crisis and weak UK economy dealt a double blow to the country's commercial property market on Monday, derailing a major London scheme and curbing growth prospects. The first setback came when ...
See all stories on this topic »
"Effects of the Euro-Zone Debt Crisis on B'dos Tourism & Int'l Business" Part 2
The Bajan Reporter (blog)
2012 when Barbadian Tourism Minister Hon. Richard Sealy spoke on "The Effect of the Euro-Zone Debt Crisis on Tourism and International Business" at the "Errol Barrow Gallery", DLP Headquarters, 'Kennington', George Street, Belleville, St. Michael.
See all stories on this topic »
ANALYSIS: EU sticks with austerity despite rating agency criticism
Monsters and Critics.com
But the message did not cut much ice with German Chancellor Angela Merkel, who, as the leader of the most solid eurozone member, has emerged as the key decision maker in the currency bloc's debt crisis. Over the weekend, she told her conservative ...
See all stories on this topic »
EU debt crisis will lead to even weaker growth, says Davy
Irish Independent
By Siobhan Creaton EUROPE'S deepening debt crisis will further depress the Irish economy this year and means the Government won't meet its debtreduction targets. The grim prediction comes in a new report that sayseconomic growth here will be even ...
See all stories on this topic »
The Risks in ECB's Crisis Moves
Wall Street Journal
Of the ECB's estimated €211 billion in holdings of the weakesteuro-zone nations' debt, only Greek debt—about 17% of that total—is seen as in the most immediate jeopardy. Still, a solution to restructure Greece's mammoth debt load has proven elusive, ...
See all stories on this topic »

Wall Street Journal
Worsening euro zone crisis would hit oil demand: OPEC
Economic Times
LONDON: A worsening of the euro zone debt crisis would further reduce the region's oil demand and could impact consumption in emerging economies that are driving the increase in global fuel use, OPEC said on Monday. In a monthly report, ...
See all stories on this topic »
EU's Almunia: Sovereign Debt Challenge Is Top Priority
Wall Street Journal
"Priority number one is the sovereign debt challenges," the former economicand monetary affairs commissioner said at a meeting of the EPC think tank. Still, while criticism of government imbalances, euro-zone governance and other policy areas may be ...
See all stories on this topic »
European shares, euro stabilise, economic data eyed
Firstpost
LONDON (Reuters) – European shares and the euro gradually recovered on Monday from early losses triggered by the mass downgrade of euro zone sovereign ratings last week, but they still looked vulnerable amid rising fears of a disorderly Greek debt ...
See all stories on this topic »

Firstpost
Euro Will Still Drive Sterling, Even If BoE Prints Again
Wall Street Journal (blog)
If the euro zone weren't having an endless debt crisis, and all else were equal, what would be the markets' number one economic worry? Well it's probably a fair bet that the crippling debt of the UK would be close to the top of the list. ...
See all stories on this topic »
Tanzania: Who Decides On Responses to Economic Crises?
AllAfrica.com
But stimulus packages proved to be very costly, left huge fiscal holes in governments' coffers and arguably contributed to the sovereign debts that are the genesis of the Euro Zone crisis. Whereas stimulus packages were economy-wide, bailout plans by ...
See all stories on this topic »
UK braced for eurozone meltdown: Hague compares crisis to stricken Costa ...
Daily Mail
The debt downgrades throw fresh doubt on the ability of theeurozone's bailout fund, the European Financial Stability Facility, to rescue troubled nations. This is a test and since it is, we have to confront it, we have to resist, we have to fight. ...
See all stories on this topic »

Daily Mail
Containing EU debt crisis in intl community's interest:Krishna
IBNLive.com
PTI | 08:01 PM,Jan 16,2012 Bangalore, Jan 16 (PTI) External Affairs Minister SM Krishna today voiced happiness over European leaders' decision to take steps to contain the debt crisis in Europe and said he believed a revival of their economies is in ...
See all stories on this topic »
IMF warns about EU debt crisis
Examiner.com
Standard and Poor's one of the 3 major credit ratings agencies has downgraded 9 Eurozone countries, with France losing its triple A status the ongoing euro crisis, was cited as the main reason for the downgrade. France's Finance minister was quick to ...
See all stories on this topic »
Global crisis may not rattle India
Hindu Business Line
The Indian media is full of stories about imminent doom and gloom caused by a worsening Euro Zone debt crisis and continuingeconomic slowdown in the US. Every day, one hears about a lower GDP growth for India, though most forecasts give it a growth...
See all stories on this topic »

Hindu Business Line
AMERICAN FUTURE » Blog Archive » The Eurozone Crisis: Who To ...
By Marc Schulman
This entry was posted by Marc Schulman on January 15, 2012 at 11:09 pm under Contagion, Debt CrisisEuropean Central Bank (ECB), European Financial Stability Facility (EFSF), Eurozone. Tagged DebtEuropean Central Bank, Eurozone, ...
AMERICAN FUTURE
Comments Euro zone's New Year hopes hit triple downer - Reuters
By Neil Unmack
After a brief lull, the euro zone's sovereign debt crisis is back with a vengeance. The S&P downgrades had been widely ... But the current scheme has flaws. As S&P pointed out, economic policies that emphasise austerity can be self-defeating. ...
Breakingviews
Back with a Vengeance: the EU Debt Crisis | David Horowitz ...
By Daniel Greenfield
“Today's rating actions are primarily driven by our assessment that the policy initiatives that have been taken by European policy makers in recent weeks may be insufficient to fully address ongoing systemic stresses in the euro zone,” said S&P in a written statement. ... Another possible complication arising from the downgrade is the likelihood that the European Financial Stability Fund (EFSF) will also lose its AAA rating as well, because its guarantor nations have had their ratings cut. ...
David Horowitz Freedom Center
Eurozone in crisis: Standard and Poor's downgrades and collapse of ...
By Periscope Writer
The downgrade left Germany as the only AAA-rated large economy backing theeurozone rescue fund and sent the economic commentariat into overdrive. The toolkit is exhausted. Wolfgang Munchau of The Financial Times said that both... In the euro crisis talks last autumn, France took the lead in shooting down the German proposal that the holders of sovereign debts be forced to accept haircuts in a crisis. Having thus delegitimised the very idea of compulsory debtrestructuring, the ...
The Periscope Post
NewsDaily: Crisis kills revival in Europe microcosm Belgium
By Robin Emmott and Robert-Jan Bartunek
The debt crisis that began in Greece two years ago has crushed Europe's recovery from the 2008/2009 global financial crisis, potentially shrinking euro zone output by up to 1.5 percent this year by ratings agency Standard & Poor's estimate. ...
NewsDaily: Top Headlines
Forex – Dollar Hold Gains As Euro Zone Woes Hit Risk Appetite
By Forexpros
Forexpros – The U.S. dollar remained broadly higher against its major counterparts on Monday, as ongoing fears over the debt crisis in the euro zoneweighed on risk appetite after Friday's mass euro zone sovereign downgrade by ... The announcement came after Standard & Poor's cut France's triple-A rating by one notch on Friday and said it would decide shortly whether to downgrade the triple-A rating on the euro zone's bailout fund, the European Financial Stability Facility. ...
DailyMarkets.com
Eurozone crisis: Ratings savaged, Financial Stability Facility under ...
By Liam Lever
Ratings agency Standard and Poor's dealt the ailing eurozone a bruising Friday 13 body blow, slashing sovereign debt ratings for nine eurozone countries and giving a negative outlook to all but two countries in the single currency. ...German Chancellor Angela Merkel has hailed the news as a sign that Europe must redouble its efforts and responded to concern that the European FinancialStability Facility (EFSF) may lose its triple A rating by saying “I was never of the opinion that the ...
Romania Business Insider - Daily...
After the downgrades comes the downward spiral | Presseurop ...
The best of the European press, in 10 languages. cs · de; en; es · fr · it · nl · pl · pt · ro ... EuroEurozone crisis ... The eurozone has fallen into a spiral of downgrades, falling economic output, rising debt and further downgrades. A recession has ...
Presseurop
Eurozone crisis live: Greece battles default as markets digest S&P ...
By RSS Feed
Wolfgang Schäuble told German radio channel Deutschlandfunk that Germany will not be forced to increase its guarantees to the European Financial Stability Facility (EFSF), to make up for France's downgrade. Schäuble insisted that Germany's current pledge of ... Economic affairs commissioner Olli Rehn was quick to criticise, calling the move “inconsistent” at a time when the eurozonewas taking “decisive action” to tackle the debt crisis. Portugal also took badly to being relegated to ...
Clearing and Settlement — Clearing...
dion - S&P cuts credit ratings for France, Italy, Spain (AP)
By dion
In all, S&P, which took away the United States' AAA rating last summer, lowered the ratings of nine countries, complicating Europe's efforts to find a way out of a debt crisis that still threatens to cause worldwide economic harm. Austria also lost its AAA status, Italy ... "In our view, the policy initiatives taken by European policymakers in recent weeks may be insufficient to fully address ongoing systemic stresses in the eurozone," S&P said in a statement. Stocks fell Friday as downgrade ...
dion
Debt crisis: Eurozone back on the brink as France has credit rating ...
The eurozone crisis entered a dangerous new phase as France and eight other European countries had their credit ratings downgraded. Debt crisis: Eurozone ...
www.telegraph.co.uk/.../Debt-crisis-Eurozone-back-on-the-bri...
BBC News - Greece debt: Merkel urges deal soon on second bailout
What caused the eurozone crisis? How will the euro crisis end? ... The existing temporary fund - the 440bn-euro European Financial Stability Facility (EFSF) - is ...
www.bbc.co.uk/news/business-16466135
Eurozone debt crisis: European officials view greek reform as ...
European officials now say that the task is less to help the country through its troubles than to avoid the default that could threaten the global financialsystem.
economictimes.indiatimes.com/news/.../11508125.cms
In Euro Zone's Crisis, Technocrat in Paris Works ... - New York Times
In Euro Zone's Crisis, Technocrat in Paris Works Behind the Scenes ... to prevent the American crisis from sending a financial tsunami across the Atlantic. ... to how well France weathers the country's seemingly inevitabledebt downgrade. ...
www.nytimes.com/.../ramon-fernandez-french-point-man-kee...
Eurozone crisis: Pound hits one-year high against the euro ...
Euro loses ground after latest economic data reinforces recession fears, and German ... In the last few minutes, Simon Wolfson said the Eurozone debt crisis was ...
www.guardian.co.uk/business/.../eurozone-crisis-debt-auctions
Merkel, Sarkozy to seek growth, jobs for euro zone - Business ...
... to boost growth in euro zone states struggling to overcome the sovereigndebt crisis ... They may also discuss a financial transaction tax, the "Tobin tax," being ...
www.msnbc.msn.com/.../merkel-sarkozy-seek-growth-jobs-eu...
Debt crisis: Eurozone back on the brink as France has credit ...
The eurozone crisis entered a dangerous new phase as France and eight other ... of the European Financial Stability Fund, the euro bail-out mechanism, ...
www.telegraph.co.uk/.../Debt-crisis-Eurozone-back-on-the-bri...
Eurozone debt crisis: European officials view greek reform as ...
Adding to the anxieties in financial markets, talks broke down Friday between the Greek government and private lenders over a plan to reduce Greece's debt...
economictimes.indiatimes.com/news/.../11508125.cms
Eurozone crisis: Live blog | The World ... - Blogs - Financial Times
It may be a new year but it's the same old eurozone crisis. ... on German short- term debt turned negative, signalling further strains in European financial markets ...
blogs.ft.com/the-world/2012/01/eurozone-crisis-live-blog-21/
Eurozone Crisis: Euro Falls As Debt Fears Resurface
"The debt crisis and the lack of any clear direction in the eurozone is finally taking ... such as the European Financial Stability Facility (EFSF), to create safety nets ...
www.huffingtonpost.co.uk/.../eurozone-crisis-euro-fall-exchan...

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
 

No comments: