"If you're going to panic, do it fast and beat the crowd." ~ Jesse Livermore

Wednesday, June 20, 2012

Euro Crisis Shifts to Spain as Merkel Faces G-20 Pressure

Euro Crisis Shifts to Spain as Merkel Faces G-20 Pressure
Businessweek
Group of 20 leaders focused their response to Europe's financial crisis on stabilizing banks as the International Monetary Fund raised its lending capacity to ...

Euro zone whack-a-mole #wonkbook
Washington Post (blog)
WONKBOOK | Europe has become a game of bond market whack-a-mole.

G20 Leaders Talk Eurozone Crisis
Voice of America (blog)
U.S. President Barack Obama is spending the last day of the G20 summit in Mexico Tuesday in further talks with his counterparts about the ongoing eurozone ...

Put euro crisis aside, say Greeks and Germans
Fox News
Players and coaches sought to play down the political meaning of a clash between Greece and Germany at Euro 2012 on Tuesday, as France, England and ...

Euro-Zone Bond Markets Remain Stressed as Spain Fears Weigh
Wall Street Journal
Euro-zone government bond markets Tuesday remained at highly stressed levels in early trading following Monday's dramatic sell-off, with fears continuing to ...

Manmohan pledges $10 billion to debt-ridden eurozone
The Hindu
India took the G-20 to task when Prime Minister Manmohan Singh told the Plenary on Tuesday that the agenda of the group “is getting over burdened. We need ...

The Hindu

Eurozone crisis: Germany set to allow bailout fund to buy troubled ...
TPM
Angela Merkel is poised to allow the eurozone's €750bn bailout fund to buy up the bonds of crisis-hit governments in a desperate effort to drive down borrowing ...

Eurozone Crisis: Barroso Says A Big Boy Did It Then Ran Away
Forbes
The ability of the euro-elite to mislead themselves about what is going on inside the eurozone is really quite remarkable. And the problem with this is that unless ...

In hopes of steadying eurozone, G-20 leaders to advocate growth ...
Christian Science Monitor
European leaders' response to the economic crisis has failed to calm markets, but G-20 leaders are hoping that their strong backing of growth policies will bring ...

Christian Science Monitor

Minimal Spain-Italy Contagion Risk, Says Strategist
Washington Post
Alessandro Tentori, head of European interest-rate strategy at BNP Paribas SA, discusses the outlook for euro-zone bond markets. He talks with Maryam ...

G20 summit: eurozone rescue plan will backfire without ...
Telegraph.co.uk
Europe's leaders are pictured during the Eurozone meeting in the framework of the G20 Summit in Los Cabos, Mexico on Tuesday. Photo: AFP/Getty ...

Telegraph.co.uk

Eurozone leaders prepare for Greek negotiations
The Guardian
Finance ministers will discuss whether to reward Greece for choosing a pro-bailout government.

The Guardian

Euro zone must find own crisis solutions: Hollande
Reuters
LOS CABOS, Mexico (Reuters) - French President Francois Hollande said on Tuesday that he and German Chancellor Angela Merkel were both aware that the ...

Soccer-Euro-Put euro crisis aside, say Greeks and Germans
Reuters
Germany and Greece play down euro zone link* France, England, Ukraine battle for quarter-final spots* Croatia fined 80000 euros for racist chanting By Patrick ...

Eurozone crisis live: Markets fear Spanish bailout will top €100bn
The Guardian
The winners of the Greek elections, New Democracy, say they will clinch a coalition deal with the Socialists by the end of the day.

The Guardian

Euro zone must find own crisis solutions- Hollande
Reuters
LOS CABOS, Mexico, June 19 (Reuters) - French PresidentFrancois Hollande said on Tuesday that he and German ChancellorAngela Merkel were both aware ...

Greek elections fail to ease anxiety of Eurozone; angst evident at ...
Boston Herald
ATHENS — Relief over the pro-euro currency vote in the Greek elections quickly faded Monday amid signs of persistent troubles for the Eurozone, as world ...

UK's Osborne: Signs Euro Zone Is Inching Toward Solutions
Wall Street Journal
LOS CABOS, Mexico--There are signs that euro-zone countries are moving toward richer member states standing behind their banks and the weaker countries ...

Germany set to allow eurozone bailout fund to buy troubled ...
The Guardian
Angela Merkel poised to remove opposition to direct lending by rescue fund in move seen as step towards sharing debt burden.

The Guardian

German court backs lawmakers' input on euro crisis
Fox News
Germany's highest court reaffirmed the German Parliament's right to be heard on the Europeanfinancial crisis, ruling Tuesday that Chancellor Angela Merkel's ...

US Treasury Bonds Slip on Relief From Euro Zone
Wall Street Journal
By Min Zeng. Treasury bonds edged lower Tuesday as some relief in the embattled euro zonedimmed the allure of the safe-harbor market. Investors sought ...

World stocks turn higher despite eurozone strains
Bangkok Post
World stocks and the euro rose on Tuesday amid hopes of more stimulus measures from the US Federal Reserve and despite strains on Spain and poor investor ...

Bangkok Post

Eurozone states discuss solution
The Press Association
Eurozone countries at the G20 summit in Mexico are "inching towards" a wide-ranging scheme to deal with the problems of the single currency, Chancellor ...

Europe vs. World as Fears of Contagion Spread
HispanicBusiness.com
European leaders at the Group of 20 summit in Mexico are feeling the pressure as the U.S..

HispanicBusiness.com

Euro crisis affecting US stocks
San Mateo Daily Journal
Euro crisis affecting U.S. stocksCrisis-weary investors scoffed Monday at what had appeared to be a hopeful turn in the European debt crisis: a victory for ...

Outside views on euro crisis: BBC correspondents
BBC News
BBC correspondents look at views from outside the EU of the eurozone crisis after the G20 summit hears Jose Manuel Barroso blame it on America.

Eurozone, Greece The Focus At G-20 Summit
NPR
The G-20 economic conference opened Monday in Los Cabos, Mexico. Much of the focus is on the economic woes in the Eurozone, but President Obama took ...

Spanish short-term debt costs reach alarm levels
Reuters
MADRID/ATHENS (Reuters) - Spain lurched closer to becoming the largest euro zone country yet to be shut out of credit markets when it had to pay a euro era ...

Euro Crisis: If We're Heading Towards a 1930s-Style Depression ...
Huffington Post
This crisis is not happening quickly. It's more of a slow-motion train wreck -- Greece's crisis started in 2009. But that leaves a puzzle -- why is the American stock ...

The Eurozone Crisis and Its Impact on the International Financial ...
By Noam Noked, co-editor, HLS Forum on Corporate Governance and Financial Regulation,
The Eurozone Crisis and Its Impact on the International Financial Markets - The Harvard Law School Forum on Corporate Governance and Financial Regulation - A law and economics blog from the Harvard Law School Program on Corporate ...
The Harvard Law School Forum...

Economy Update: Eurocrisis Vexing the Obama Campaign - Blogs
By NewsTeam Staff
The eurozone crisis continues to send ripples through the 2012 campaign with President Barack Obama under pressure to find ways to mitigate Europe's impact on the struggling U.S. economy. “Most Europe watchers expect the continent's ...
Campaign 2012

The tactless Mr Cameron & the eurozone blame game | The World
By Gideon Rachman
Gideon Rachman and his FT colleagues debate international affairs.
The World

Germany set to allow eurozone bailout fund to buy troubled - Ha'aretz
By haaretz
Germany has long opposed allowing the eurozone's rescue fund, the European Financial Stability Facility, to lend directly to troubled eurozone countries, fearing that Berlin would end up paying the bill, and the beneficiaries would escape the ...
Haaretz Daily

European Financial Crisis Will Drag Down Airline Profits This Year ...
By Charles Alcock
Europe's mounting financial crisis is dragging down worldwide airline profitability this year, according to a revised industry forecast from the International Air Transport Association (IATA). Overall, the industry's 2012 collective profits of around ...
Latest News

Eurozone Crisis: Spanish Debt Fears Cut Short Markets' Greek Relief
By mosesman
Eurozone crisis: Spanish debt fears cut short markets' Greek relief! by Larry Elliott, economics editor, guardian.co.uk Interest rates on Spain's debt rise sharply on expectations it will become fourth EU country to require full-scale bailout - A rally ...
Socio-Economics History Blog

The G-20 Farce: Saving The Eurozone From Collapse – Wolf Richter ...
By Wolf Richter
The G-20 summit last November in Cannes, France, was all about bailing out Greece, and it turned into a fiasco. Now at the G-20 summit in Los Cabos, Mexico...
The Wall Street Examiner

Your D.I.Y. Eurozone Bulletin @ Forex Factory
By From dailycapitalist.com
Your D.I.Y. Eurozone Bulletin - “Sir, A brief word of praise for the cool head of Mariano Rajoy. As the Spanish bank bailout reached its climax over the weekend, he was faced with the toughest decision of his mandate so far....
Forex Factory

Legal History Blog: Ghachem on Stock-Jobing and Financial Crisis ...
By Dan Ernst
Malick W. Ghachem, University of Maine School of Law, At the Origins of Public Credit: A Story of Stock-Jobbing and Financial Crisis in Prerevolutionary France, in 'The Financial Crisis of 2008: French and American Responses,” Proceedings ...
Legal History Blog

Germany must take control of the eurozone crisis - before it's too late ...
George Soros: European authorities, with Germany at the centre, have a three- month window during which they can still correct their mistakes and reverse ...
www.guardian.co.uk/.../germany-take-control-eurozone-crisis

Germany set to allow eurozone bailout fund to buy troubled ...
Angela Merkel poised to remove opposition to direct lending by rescue fund in move seen as step towards sharing debt burden.
www.guardian.co.uk/.../germany-eurozone-bailout-countries-...

Amid euro crisis, don't worry, be Swedish - Yahoo! News
From Yahoo! News: STOCKHOLM (Reuters) - The euro crisis is biting Sweden, but for senior government officials like Thomas Olofsson there is cautious ...
news.yahoo.com/amid-euro-crisis-dont-worry-swedish-10123...

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