Central Banks to Hold Fire… For Now
By Richard Hubbard LONDON | Sat Jun 2, 2012 7:39am EDT http://reut.rs/M0oVJt (Reuters) – The intensifying euro zone crisis and uncertain global growth outlook have raised hopes for a policy response from major central banks but, while it…
The EU’s Answer to a Mountain It Calls a Molehill: Pretend the Molehill is a Mountain
By John Ward http://hat4uk.wordpress.com/2012/03/28/the-eus-answer-to-a-mountain-it-calls-a-molehill-pretend-the-molehill-is-a-mountain/ When my devotions could not pierce thy silent ears, then was my heart broken, as was my verse. My breast was full of fears and disorder. My bent…
Greece: We Could Exit Euro in Three Months
Heather Stewart, The Guardian, 01-03-2012 http://www.guardian.co.uk/business/2012/jan/03/greece-warns-over-euro-exit New Greek government says creditors and lending troika must agree bailout terms within weeks otherwise ‘we are out of the markets’. The Greek government has stepped up…
Stocks Drop as ECB Rules Out Eurozone Support
BBC, 12-8-2011 http://www.bbc.co.uk/news/business-16082755 Stocks have fallen after the European Central Bank ruled out any substantial aid for any ailing and indebted eurozone states. Stocks in France and Italy – two countries vulnerable to…