From BUST to BOOM: The Collapse of the Italian Banking System

From BUST to BOOM: The Collapse of the Italian Banking System

By Carrie Ann - Jul 11, 2016

The eyes of the world are on the unfolding Eurozone crisis that seems more catastrophic than the 2008 Great Recession. In a research note titled “Close to the edge”, economists

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Employment Rate Rises in the UK

Employment Rate Rises in the UK

By Jay Raol - Aug 18, 2012

In a bit of good news, it has been reported that the employment rate in United Kingdom has risen considerably following the months of the Olympics season in London. In fact, indust

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ECB Policy Criticised by German Central Bank Chief Weidmann

ECB Policy Criticised by German Central Bank Chief Weidmann

By Carrie Ann - Aug 10, 2012

Jens Weidmann, the chief of the German Central Bank is presently engaged in a progressively intense and high stakes fight involving the response of the ECB policy towards the ongoi

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Record unemployment in eurozone

Record unemployment in eurozone

By Anna Domanska - Aug 05, 2012

Unemployment in eurozone is the highest since the euro was born. It is another sign of the tragic economic situation in Europe. The highest rate of unemployment in 17 countries of

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Bond Support for Spain and Italy by Euro Area

Bond Support for Spain and Italy by Euro Area

By Richard Meryn - Jul 22, 2012

In response to the pleas made by the Italian and the Spanish leaders for quite some time now, the leaders of the Euro Zone have agreed on taking an emergency action at a midnight s

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China’s manufacturing index moving downhill

China’s manufacturing index moving downhill

By Aubrey Chang - Jun 22, 2012

The annual growth rate for the first quarter is 8.1 percent, the slowest in three years for China. Considering the slack and downturn in Chinese Manufacturing market raising all th

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Will the Spanish banking crisis be averted? Would the bail-out plan really help?

Will the Spanish banking crisis be averted? Would the bail-out plan really help?

By Anna Domanska - Jun 16, 2012

Once upon a time, Spanish Banks, on account of its meticulous banking practices, were credited as one of the most reliable pillars of the Western Economies to withhold the pressure

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Spain Downfall Strengthens Fears on Debt Crisis

Spain Downfall Strengthens Fears on Debt Crisis

By Christy Gren - Apr 27, 2012

The economic problems of Spain were put in strong relief after figures showed that unemployment is near 25 percent Friday.The figures showed that unemployment has spiked to 24.4 pe

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Eurozone Debt Crisis Expected to Continue Through the First Half of 2012

Eurozone Debt Crisis Expected to Continue Through the First Half of 2012

By Dhwani Shah - Jan 02, 2012

Even as the economic depiction in the United States has brightened up recently with more positive employment figures, Europe remains held up in a slump. Most economists are estimat

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