Tag Archive
The Denials That Trapped Greece – New York Times
CBC.ca The Denials That Trapped GreeceNew York TimesAt a 2010 meeting in Brussels were, from left, Jean-Claude Trichet, former European Central Bank president; Chancellor Angela Merkel of Germany; José Manuel Barroso, European Commission president; Prime Minister George …Greek Premier Struggles to End Political DeadlockABC NewsGreek prime minister set to form new governmentCNNGreek PM Begins... »
Markets Slide After Surprise Referendum Is Set by Greece – New York Times
Globe and Mail Markets Slide After Surprise Referendum Is Set by GreeceNew York TimesATHENS — European markets slid dramatically on Tuesday after Prime Minister George A. Papandreou stunned the continent's leaders with a surprise announcement late Monday that his government would hold a referendum …Futures drop on Greek referendum, Asian growthReutersGLOBAL MARKETS: European Stocks... »
Shares Move Higher as Investors Look Beyond Greece – New York Times
USA Today Shares Move Higher as Investors Look Beyond GreeceNew York TimesBy AP Stocks rose broadly on Monday as the market ended its longest weekly losing streak in nearly a decade. Investors apparently put aside their concerns about the Greek financial crisis to focus on value. “In the short term, stocks have been oversold... »
They Are Not Like Ireland. Really. – New York Times
Reuters They Are Not Like Ireland. Really.New York TimesLast week Ireland joined Greece as the second country in the euro zone to get a bailout — to the grand sum of $100 billion. Peter Morrison/Associated Press Now, attention has turned to other economies in the 16-member monetary …Spain's PM vows to reduce deficitThe Associated... »
Bernanke Fearing Fate of Japan, Not Greece – New York Times
The Hindu Bernanke Fearing Fate of Japan, Not GreeceNew York TimesWASHINGTON — By placing a $600 billion bet on the Federal Reserve's ability to encourage the recovery, Ben S. Bernanke is gingerly trying to avoid the mistakes of Japan, where deflation has stymied growth. But the antideficit Republicans …Fed's Bernanke `Doesn't Understand' Economics, Jim... »
European Shares Higher on Positive News From Athens – New York Times
The Hindu European Shares Higher on Positive News From AthensNew York TimesBy AP The modest advance came as officials from the European Union and the International Monetary Fund said Greece had made considerable progress in dealing with its financial crisis, though they noted that key challenges and risks remained. …Trichet May Start ECB's Second... »
7 Banks in Europe Fail ‘Stress Test’ for Scant Capital – New York Times
Telegraph.co.uk 7 Banks in Europe Fail 'Stress Test' for Scant CapitalNew York TimesBanks to flunk were Hypo Real Estate, a Munich-based bank that is already government-owned after a bailout, ATEBank of Greece and five Spanish savings banks. By JACK EWING FRANKFURT — Seven of Europe's 91 largest banks would struggle to survive an …EU... »
Illinois Sells $900 Mln In Bonds; Spread Lower Than Expected – Wall Street Journal
The Business Insider Illinois Sells $900 Mln In Bonds; Spread Lower Than ExpectedWall Street JournalNEW YORK (Dow Jones)–Illinois didn't appear to have trouble attracting investors to a $900 million taxable municipal bond deal Wednesday, despite weak tax revenue, persistent fiscal woes and a yawning pension hole …Illinois: Our very own Greece?CNNMoneyInvestors go for Illinois... »
Illinois: Our very own Greece? – CNNMoney
Illinois: Our very own Greece?CNNMoneyGovernor of cash-strapped Illinois, Pat Quinn. By Tami Luhby, senior writerJuly 14, 2010: 12:11 PM ET NEW YORK (CNNMoney.com) — Just two weeks after Illinois Gov. Pat Quinn chopped $1.4 billion from the budget, the cash-strapped state is turning to …Struggling Illinois Plans $900 Million Bond IssueBloggingStocks (blog)Illinois is paying... »
Earnings hopes help Europe stocks extend rally – Reuters
Washington Post Earnings hopes help Europe stocks extend rallyReutersPARIS, July 13 (Reuters) – European stocks rose on Tuesday, up for the sixth straight session and hitting a near three-week high, as forecast-beating results from Alcoa (AA.N) fuelled hopes for strong company profits this earnings …US STOCKS-Futures higher after encouraging start to earningsReutersBEFORE THE BELL:... »