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

Saturday, August 18, 2012

Euro Crisis - The Number One Reason Why It's Not Going Away

Euro Crisis - The Number One Reason Why It's Not Going Away
Forbes
It is the first time I've heard a politician talk about ordinary voters as a priority in the continuing Euro zone saga. The point many Americans miss in the Euro debate is that those of us with a vote have no way to cast it in favor of, or against ...

Debt crisis: Spanish bad bank loans soar to fresh high - Telegraph: "Debt crisis: Spanish bad bank loans soar to fresh high Spanish bad bank loans soared to a fresh high in June, with almost 10pc of households and companies now behind on their payments."

ECB Should Supervise All Euro-Zone Banks - German Industry Body
Fox Business
The European Central Bank should supervise all banks across the 17-nation euro zone, regardless of size, the president of the German BdB banking association, an industry body, said Friday. "The same supervisory rules must be applied to the same ...

Greece has future in euro zone, analysts increasingly believe
Reuters
LONDON (Reuters) - Successive debt bombshells from Greece have so far failed to blow apart the political bonds that hold it in the euro zone, persuading growing numbers of economists to change their minds and conclude that the country's fate lies ...

Euro-Zone Exports Jump
Wall Street Journal
A surge in exports in June boosted the euro zone's trade surplus to its highest on record, giving a boost to hopes that demand from other countries could help drag the region out of its economic downturn. But weak growth in imports to the currency bloc ...

Fed Minutes, Euro-Zone PMIs on Tap
Wall Street Journal
A day after the FOMC minutes are released, investors get their latest check-up on the health of Europe's economy, with German, French and euro-zone purchasing managers index reports released Thursday. "People will mainly be looking at how weak the ...

Small states squabble over euro zone's future
Chicago Tribune
VIENNA/HELSINKI (Reuters) - Smaller euro zone countries that have retained top credit ratings through the region's crisis squabbled on Friday over whether struggling nations like Greece that threaten the currency union's stability should be kicked out.

Euro-zone current account surplus rises
MarketWatch
The euro-zone's current account surplus continued to rise in June, against expectations for a fall, due to an expanding trade surplus, European Central Bank data published Friday showed. The current account surplus rose to 12.7 billion euros ($15.63 ...

Is the US Economy Protected From the Euro Crisis?
U.S. News & World Report
European Union flags. Earlier this week, German Chancellor Angela Merkel announced that Europe has made dramatic progress in dealing with the continent's financial crisis. Her comments were meant to ... [See How to Protect Your Investments From the ...

U.S. News & World Report

Yuan Snaps Two-Day Loss on Bets Europe Will Tackle Debt Crisis
Bloomberg
By Fion Li - 2012-08-17T02:51:16Z. China's yuan advanced for the first time in three days after German Chancellor Angela Merkel backed the European Central Bank's approach to resolving the region's debt crisis, bolstering the outlook for Chinese exports.

Swiss Life profit beats poll, cuts euro zone exposure
Reuters
H1 profit of 361 mln Swiss francs, vs 304 mln forecast. * Made 900 mln franc profit selling euro zonebonds. * Insurance wrapper business sees premium income rising. * CEO cannot exclude further provision for AWD's legal woes (Adds details, background) ...

Euro Debt Crisis Blamed for 'Economic Suicides' - Finance - CBN ...
Since the recession began there in 2008, more people have committed suicide citing financial reasons, the Washington Post reports.
CBN.com - CBN News

European financial crisis felt across the Atlantic - PRWeek US
The European Union's economic woes are reverberating on this side of the Atlantic, where multinational companies are keeping a close eye on the crisis and.
Latest articles from PRWeek US News

Euro zone trade balance rises more-than-expected By Forexpros
By Forexpros
Forexpros - The euro zone's trade balance rose more-than-expected in the last quarter, official data showed on Friday. In a report, Eurostat said that Euro zone trade balance rose to 10.5B, from 6.8B in the preceding quarter whose figure was ...
Forex Pros RSS News Feed | Forex News

Euro crisis: Angela Merkel considers easing Greece bailout terms ...
24 for talks with Merkel almost three years after the debt crisis emerged in Greece. The country's international creditors are ... Both lawmakers have consistently refused to back Merkel's line on theeuro crisis. They voted against the temporary ...
FP Top Stories List

Euro Crisis - Google News

Fiscal Cliff - Google News

Economics, interest rates, house prices, inflation, Bank of England

Markets News - Global Financial Market News

Financial Crisis

Jeremy Warner - Finance and business comments

Ambrose Evans-Pritchard - Finance and business comments

Jeff Randall - Business and politics comments

New Normal News

Views under the Palm

johnyah