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Posts related to ‘EU’

UK, Germany & France Urge EU Budget Freeze

Posted: December 18, 2010 at 7:19 am

Many of the EU nations have adopted such severe austerity programs that unions and students have taken to the streets in protest. Greece recently had riots that shuttered the national ...
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The Twitter-24/7 Wall St. Stock Market Report 7.8.2010 The Wisdom Of Crowds

Posted: July 8, 2010 at 8:28 am

Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have ...
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The Twitter-24/7 Wall St. Stock Market Report 7.7.2010 The Wisdom Of Crowds

Posted: July 7, 2010 at 8:37 am

Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have ...
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Media Digest 7/7/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 7, 2010 at 3:55 am

Reuters:   BP plc (NYSE: BP) shares have recovered as a relief well nears the leak. Reuters:   Saudi investors are seeking a 10% to 15% stake in BP. Reuters:   Microsoft Corporation ...
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Media Digest 7/1/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 1, 2010 at 4:04 am

Reuters:   The House passed the financial reform bill leaving the Senate to act Reuters:   Work on the BP plc (NYSE: B) oil spill will be delayed because of Hurricane Alex. ...
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Moody’s May Downgrade Spain’s Aaa Rating, Contagion Rules

Posted: June 30, 2010 at 6:41 pm

There is another reason for the embattled euro to sell off. Moody's says it may downgrade Spain's debt which currently has an Aaa rating. The agency said, "Moody's decision to ...
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The Question Comes Up Again: Will The US Rescue Europe

Posted: June 16, 2010 at 5:51 am

The EU denied rumors that it would give Spain an aid package of $307 billion along with the IMF and US. Spain's borrowing costs are moving toward those that Greece ...
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Euro Moves Back Above $1.22 Causing Global Markets To Surge

Posted: June 14, 2010 at 6:13 am

The value of the euro moved above $1.22, an indication that markets have a bit of optimism about EU prospects. The numbers helped cause a rally in Europe's markets and ...
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Eurozone Banks Have $727 Billion Exposure To Weak EU Nations

Posted: June 14, 2010 at 4:53 am

International banks headquartered in the Eurozone have $727 billion in exposure to debt from Greece, Spain, Portugal, and Ireland. The is 62% of the exposure to banks worldwide, according to ...
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Germany’s Merkel Tests Europe’s Financial Resolve, Again

Posted: June 10, 2010 at 4:42 am

Germany's Chancellor Angela Merkel seems keen on asserting her nation's political and financial power in the EU, or she wants to see the region's $1 trillion rescue package fail. In ...
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The French Question Euro Bailout

Posted: May 28, 2010 at 5:17 am

The German's are known for being sticklers about rules. The French not so much. But, Pierre Lellouche, France's European minister, told the Financial Times that the bailout of Greece and ...
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Are $50 Billion In Budget Cuts By EU Members Too Little?

Posted: May 25, 2010 at 4:46 am

Many EU nations have disclosed plans for budget cuts as part of the trend toward austerity that has swept the region. The frugality is understandable. In the eyes of the ...
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Politicians In Europe Try To Find The Details Of Austerity

Posted: May 21, 2010 at 5:28 am

Somewhere among all of those hundreds of billions of dollars in budgets from Greece, Ireland, the US, Spain, and Portugal, wasteful spending is hiding. Or, perhaps it is money that ...
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The Double Dip Back On The Table

Posted: May 19, 2010 at 4:48 am

It has been a long time, at least as time has passed during the financial crisis, since economists regularly discussed the possibility of a double dip recession. The 2008 credit ...
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China’s Market Plunge Far From Over

Posted: May 17, 2010 at 5:11 am

China's economic prospects are the best that they have been in two years. The World Bank expects its GDP to rise 10.5% this year. There are early signs of inflation, ...
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