EU fails to arrive at decision on bail-out to avert Greek Bankruptcy

EU fails to arrive at decision on bail-out to avert Greek Bankruptcy

By Tom Parker - Jun 20, 2011

“Convince Us First” Say European Governments Finance Ministers Seven arduous hours of talks in Luxembourg resulted in a worrisome situation, with finance ministers of European

Read More
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

Read More
Eurozone Pressures Extend beyond Greece, to Spain and Italy

Eurozone Pressures Extend beyond Greece, to Spain and Italy

By Vrushti Mawani - May 24, 2011

With Standard & Poor’s cutting their outlook on Italy’s economy from “stable” to “negative”, along with the massive political loss suffered by Spain’s Socialist P

Read More
What will IMF chief Strauss-Kahn's arrest mean for Eurozone aid?

What will IMF chief Strauss-Kahn's arrest mean for Eurozone aid?

By Jay Raol - May 16, 2011

The arrest on Saturday of IMF chief, Dominique Strauss-Kahn, has sparked off intense speculation as to how much this incident will affect the scale and generosity of the bail-out p

Read More
Euro, European Markets fall on fears of Greece Ditching the Euro

Euro, European Markets fall on fears of Greece Ditching the Euro

By Tom Parker - May 10, 2011

The Euro and European Markets dropped to new lows amid fresh concerns over Greece’s persistent debt issues, related worries regarding an impending financial recession and specula

Read More