U.K. Unemployment Claims Climbed Last Month at Fastest Pace Since May 2009
Q By Scott Hamilton - Jul 13, 2011 5:35 PM GMT+0900
U.K. jobless claims rose at their fastest pace since May 2009 last month, a sign the recovery is struggling to generate enough jobs to offset the deepest government budget cuts since World War II.
Showing posts with label Ireland. Show all posts
Showing posts with label Ireland. Show all posts
Wednesday, July 13, 2011
Bloomberg:French Banks Face Greatest Italian Risk
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.
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.
Monday, June 20, 2011
Bloomberg: Greek Default Would Spell ‘Havoc’ for European Banks a Year After Bailout
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.
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.
Sunday, June 19, 2011
Bloomberg: Europe May Withhold Half of Greek Payment
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.
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.
Monday, June 13, 2011
Bloomberg: Profits Seen Increasing Jobs as Earnings in U.S. Grow Fastest Since 1940s
Related News: Economy · Insurance · Canada · Japan · U.K. & Ireland · Stocks
Profits Seen Increasing Jobs as Earnings in U.S. Grow Fastest Since 1940s
By Shobhana Chandra - Jun 13, 2011 8:01 AM GMT+0900
Profits at American companies are poised to be one of the few bright spots in the U.S., helping to steady the faltering recovery.
Profits Seen Increasing Jobs as Earnings in U.S. Grow Fastest Since 1940s
By Shobhana Chandra - Jun 13, 2011 8:01 AM GMT+0900
Profits at American companies are poised to be one of the few bright spots in the U.S., helping to steady the faltering recovery.
Bloomberg: ‘Perfect Storm’ May Threaten Global Economy
Related News: Economy · Asia · China · Finance · Real Estate · Africa · Canada · Europe · Latin America · U.S. · Bonds · Currencies · Middle East · Japan · U.K. & Ireland · Insurance · Funds · Commodities · India & Pakistan
‘Perfect Storm’ May Threaten Global Economy
By Shamim Adam - Jun 13, 2011 8:58 AM GMT+0900
A “perfect storm” of fiscal woe in the U.S., a slowdown in China, European debt restructuring and stagnation in Japan may converge on the global economy, New York University professor Nouriel Roubini said.
‘Perfect Storm’ May Threaten Global Economy
By Shamim Adam - Jun 13, 2011 8:58 AM GMT+0900
A “perfect storm” of fiscal woe in the U.S., a slowdown in China, European debt restructuring and stagnation in Japan may converge on the global economy, New York University professor Nouriel Roubini said.
Sunday, June 12, 2011
Bloomberg: Greek Default Would Not Destabilize the Euro, Bundesbank’s Weidmann Says
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.
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.
Monday, May 23, 2011
Bloomberg: Risk Rally Ending for Currencies Turns Focus to New Least Ugly-Alternative
Related News: Economy · Asia · Europe · Japan · U.K. & Ireland · U.S. · Currencies · Funds · Insurance · Middle East · France · Canada
Risk Rally Ending for Currencies Turns Focus to New Least Ugly-Alternative
By Catarina Saraiva and Allison Bennett - May 23, 2011 1:08 PM GMT+0900
The best-performing currencies of 2011 are falling out of favor as the Federal Reserve plans its exit from record monetary stimulus just as the global economy shows signs of slowing, buffeting commodities and stocks.
Risk Rally Ending for Currencies Turns Focus to New Least Ugly-Alternative
By Catarina Saraiva and Allison Bennett - May 23, 2011 1:08 PM GMT+0900
The best-performing currencies of 2011 are falling out of favor as the Federal Reserve plans its exit from record monetary stimulus just as the global economy shows signs of slowing, buffeting commodities and stocks.
Monday, April 11, 2011
Bloomberg: U.K.’s ‘Moderate’ Bank Report Calls for More Capital, Sales
Related News: Finance · Law · Europe · U.K. & Ireland · Bonds
U.K.’s ‘Moderate’ Bank Report Calls for More Capital, Sales
By Jon Menon and Gavin Finch - Apr 11, 2011 7:55 PM GMT+0900
The Independent Commission on Banking recommended the U.K.’s biggest banks should hold core Tier 1 capital levels of about 10 percent, implement plans for an orderly bankruptcy and ring-fence consumer units in what it termed a “moderate” set of proposals.
U.K.’s ‘Moderate’ Bank Report Calls for More Capital, Sales
By Jon Menon and Gavin Finch - Apr 11, 2011 7:55 PM GMT+0900
The Independent Commission on Banking recommended the U.K.’s biggest banks should hold core Tier 1 capital levels of about 10 percent, implement plans for an orderly bankruptcy and ring-fence consumer units in what it termed a “moderate” set of proposals.
Friday, April 8, 2011
Bloomberg: European Stress Tests to Examine Banks’ Readiness for Basel III
Related News: Europe · Germany · Finance · U.K. & Ireland · Currencies · Bonds · France · Economy · Italy
European Stress Tests to Examine Banks’ Readiness for Basel III
By Ben Moshinsky - Apr 8, 2011 8:01 AM GMT+0900
European regulators were criticized by German banks for a plan to incorporate into this year’s stress tests global capital standards that aren’t scheduled to be implemented for eight years.
European Stress Tests to Examine Banks’ Readiness for Basel III
By Ben Moshinsky - Apr 8, 2011 8:01 AM GMT+0900
European regulators were criticized by German banks for a plan to incorporate into this year’s stress tests global capital standards that aren’t scheduled to be implemented for eight years.
Monday, March 28, 2011
Bloomberg: Portuguese Bailout Costs More Than Money Alone: Matthew Lynn
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.
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.
Bloomberg: European Bank Funding Threatened as Basel III Meets Solvency II
Related News: Europe · France · Germany · Italy · U.K. & Ireland
European Bank Funding Threatened as Basel III Meets Solvency II
By Kevin Crowley - Mar 29, 2011 8:01 AM GMT+0900
European banks are being forced to sell more long-term bonds as regulators seek to prevent another financial crisis. European insurers say their own regulator will stop them from buying such debt.
European Bank Funding Threatened as Basel III Meets Solvency II
By Kevin Crowley - Mar 29, 2011 8:01 AM GMT+0900
European banks are being forced to sell more long-term bonds as regulators seek to prevent another financial crisis. European insurers say their own regulator will stop them from buying such debt.
Tuesday, October 5, 2010
EU Debt Crisis - Moody's Warns It May Downgrade Ireland Again - CNBC
EU Debt Crisis - Moody's Warns It May Downgrade Ireland Again - CNBC
Moody's warned on Tuesday that it may cut Ireland's credit rating again, pointing to the huge bill for cleaning up its banks announced last week, a weak economic recovery and rising borrowing costs.
As well as the bank bill, Moody's said poor recent data shoed a cloudy outlook for the recovery of domestic demand and pointed to the sharp rise in Irish bond yields since its last rating action in July.
"Ireland's ability to preserve government financial strength faces increased uncertainty as a result of (these) three main drivers, which together would further increase its debt and aggravate its debt affordability," Dietmar Hornung, Moody's lead sovereign analyst for Ireland, said in a statement. ...
Moody's warned on Tuesday that it may cut Ireland's credit rating again, pointing to the huge bill for cleaning up its banks announced last week, a weak economic recovery and rising borrowing costs.
As well as the bank bill, Moody's said poor recent data shoed a cloudy outlook for the recovery of domestic demand and pointed to the sharp rise in Irish bond yields since its last rating action in July.
"Ireland's ability to preserve government financial strength faces increased uncertainty as a result of (these) three main drivers, which together would further increase its debt and aggravate its debt affordability," Dietmar Hornung, Moody's lead sovereign analyst for Ireland, said in a statement. ...
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