_Economy and Finance

Bloomberg Hedge Funds Make Wrong-Way Bets for a Fourth Week: Commodities By Joe Richter - Mar 25, 2012 9:21 PM Hedge funds wagered the wrong way on commodity prices for a fourth consecutive week, boosting bullish holdings just before reports showing a contraction in manufacturing from China to Europe drove prices lower.

French Banks Face Greatest Italian Risk Q By Fabio Benedetti-Valentini - Jul 13, 2011 7:01 AM GMT+0900 French banks, including BNP Paribas SA and Credit Agricole SA (ACA), have the most at risk from the euro- region’s debt crisis infecting Europe’s largest borrower: Italy.

EUROPE NEWS JULY 11, 2011, 7:13 P.M. ET New Fears on Italy Jolt Europe By ALESSANDRA GALLONI and MARCUS WALKER ROME—Italy, long a bystander to the euro-zone's debt woes, was thrust into the eye of the storm on Monday, as investors fled the country's bonds and Europe's leaders struggled to keep the crisis from infecting the Continent's third-largest economy.

Related News: Bloomberg , UK , Ireland , Bonds , Economy , Finance , Europe , France , Eastern Europe , Germany Bloomberg : Greek Default Would Spell ‘Havoc’ for European Banks a Year After Bailout By Aaron Kirchfeld and Elena Logutenkova - Jun 20, 2011 12:31 PM GMT+0900 A year after European officials bailed out Greece, investors say the region’s banks haven’t raised sufficient capital or cut loans enough to withstand the contagion that may follow a default.

Related News: Economy, Europe, France, Germany, U.K. & Ireland, Bonds, Eastern Europe, Italy, Currencies Europe May Withhold Half of Greek Payment By James G. Neuger and Jonathan Stearns - Jun 20, 2011 8:16 AM GMT+0900 European governments weighed withholding half of Greece’s next 12 billion-euro ($17.2 billion) aid payment, seeking to keep the country solvent while maintaining pressure on the government to slash the debt that pitched the euro area into crisis.

Related News: Economy , Eastern Europe , France , Germany , Italy Default by Greece ‘Almost Certain’: Greenspan By Vivien Lou Chen - Jun 17, 2011 8:46 AM GMT+0900 Alan Greenspan, former Federal Reserve chairman, said a default by Greece is “almost certain” and could help drive the U.S. economy into recession.

Related News: Germany · Bonds · Currencies · Economy · Eastern Europe · Europe · France · U.K. & Ireland · Italy · Hedge Fund Summit Greek Default Would Not Destabilize the Euro, Bundesbank’s Weidmann Says By Richard Weiss - Jun 12, 2011 9:46 PM GMT+0900 Bundesbank President Jens Weidmann raised the pressure on governments to agree to a Greek bailout without the European Central Bank taking part in easing the country’s debt burden, saying the euro can withstand a default.

Related News: Economy · Finance · Law · Eastern Europe · Europe · France · India & Pakistan · Latin America · U.K. & Ireland · U.S. · Opinion · Funds · Municipal Bonds · Matthew Lynn Portuguese Bailout Costs More Than Money Alone: Matthew Lynn By Matthew Lynn - Mar 29, 2011 8:00 AM GMT+0900 Bloomberg Opinion Is it 50 billion euros? Or perhaps 70 billion euros? The cost of bailing out Portugal varies according to who makes the calculation. No one will know the real price until officials from the International Monetary Fund and the European Central Bank tell us.