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Posts related to ‘sovereign debt’

It May Not Matter That Moody’s Cut Ireland Debt

Posted: December 17, 2010 at 5:20 am

Capital markets investors may say that the downgrade by Moody's of Ireland's debt by a full five notches does not matter much now. The Ireland government has put its austerity ...
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Corporations Prepare For Less Access To Capital

Posted: July 6, 2010 at 5:10 am

The demand for capital by large nations has not begun to squeeze corporate borrowers out of the market, but it may soon. Companies will have to gird themselves for a ...
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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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Japan: A Balanced Budget Or Bust

Posted: June 22, 2010 at 5:36 am

Japan's new ruling party says that the country's budget will be balanced by 2020 and that massive bond sales to cover the country's large sovereign debt will become less and ...
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Japan Fears That It Is Next Greece

Posted: June 11, 2010 at 5:40 am

Japan could be the next Greece, at least according to its new prime minister who use to be the nation's finance minister. "It is difficult to sustain a policy that ...
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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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More Concern The Global Banks Could But Hurt By EU Finances

Posted: June 6, 2010 at 7:57 am

There has been speculation that banks outside Europe could be badly damaged by the default of debt by several EU sovereign nations or the collapse of banks within their boarders. ...
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Signs Of The Apocalypse: Fitch Downgrades Spain

Posted: May 28, 2010 at 2:05 pm

Just in time for the US three-day Memorial Day weekend, Fitch has downgraded Spain's long-term foreign and local currency issuer default ratings to AA+ from AAA.  The news wrecked the ...
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China Says It Is Not Selling Euro

Posted: May 27, 2010 at 5:33 am

The market panicked yesterday on rumors that China was selling euros due to the instability of the EU region.  China denied it. “Europe has been, and will be one of ...
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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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Merkel Protests Too Much: Are German Banks Short The Euro?

Posted: May 19, 2010 at 6:00 am

"A failure of the euro means a failure of Europe," German Chancellor Angela Merkel said today, according to Dow Jones. This is after she banned naked shorting in some financial ...
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European Bailout Loses Support As Analysts See Flaws

Posted: May 11, 2010 at 5:04 am

Global markets have begun to reject the value of the nearly $1 trillion facility set up by Eurozone nations, the IMF, and the European Central Bank. The influx of capital was ...
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Moody’s Could Still Cut Greece To “Junk”

Posted: May 10, 2010 at 3:07 pm

The $1 trillon EU bailout package has not fooled the keen analysts at Moody's--the same organization that helped bring the world the mortgage-securities catastrophe. The ratings agency clearly thinks that ...
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The EU Rescue: End Of “Wolf Packs” But Not Riots

Posted: May 10, 2010 at 5:16 am

The EU laid out its ambitious plan to steady the finances of the region. The three-part program was explained by the group: "The Council and the Member States have decided today on a comprehensive ...
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The Germans Knuckle Under

Posted: May 7, 2010 at 5:54 am

Whether the Germans wanted to flaunt it or not, they have always been the economic linchpin of the Eurozone. They were, until last year when China pulled ahead, the world's ...
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