Eurozone Woes Worsen: Moody’s Cuts Debt Rating for Portugal to Junk

Eurozone Woes Worsen: Moody’s Cuts Debt Rating for Portugal to Junk

By Jay Raol - Jul 06, 2011

Despite Portugal having negotiated a 78 billion euro bail-out package in May, the credit rating agency, Moody’s Investors Service, cut the Euro country’s debt rating to junk st

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Markets fall with Bernanke’s speech on “frustratingly slow” recovery

Markets fall with Bernanke’s speech on “frustratingly slow” recovery

By Jay Raol - Jun 08, 2011

Markets dropped accompanied by a weaker dollar with U.S. Federal Reserve Chairman Ben Bernanke expressing concerns about global economic recovery. While forecasting a pick-up in th

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