By Colin Barr June 20, 2011: 6:30 AM ET
Monday, June 20, 2011
Fortune: Europe's sickly banks
Europe's sickly banks
By Colin Barr June 20, 2011: 6:30 AM ET
You could knock Europe's banks over with a feather.
By Colin Barr June 20, 2011: 6:30 AM ET
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.
Gov't looks into algae potentials
Gov't looks into algae potentials
By ELLALYN B. DE VERA
June 20, 2011, 2:23pm
MANILA, Philippines — The Department of Agriculture (DA) has consulted algae experts to look into the potentials of algae as a source of biofuel in the country.
By ELLALYN B. DE VERA
June 20, 2011, 2:23pm
MANILA, Philippines — The Department of Agriculture (DA) has consulted algae experts to look into the potentials of algae as a source of biofuel in the country.
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.
CNNMoney: Is the U.S. like Greece?
AMERICA'S DEBT CRISIS
Is the U.S. like Greece?
By Jeanne Sahadi @CNNMoney June 19, 2011: 11:15 AM ET
NEW YORK (CNNMoney) -- Deficit hawks often cite Greece's debt nightmare as a cautionary tale for the United States.
Is the U.S. like Greece?
By Jeanne Sahadi @CNNMoney June 19, 2011: 11:15 AM ET
NEW YORK (CNNMoney) -- Deficit hawks often cite Greece's debt nightmare as a cautionary tale for the United States.
Friday, June 17, 2011
WSJ: Fresh Greek Shock Waves
EUROPE NEWS|JUNE 16, 2011
WSJ: Fresh Greek Shock Waves
Violent Street Protests in Athens Shake Government, Spark Global Market Woes
By COSTAS PARIS, ALKMAN GRANITSAS and BRUCE ORWALL
ATHENS—Greece shook global markets, intensifying fears of a default, as tens of thousands of demonstrators protested a new round of budget-cutting plans and its prime minister offered to step down to try to preserve them.
WSJ: Fresh Greek Shock Waves
Violent Street Protests in Athens Shake Government, Spark Global Market Woes
By COSTAS PARIS, ALKMAN GRANITSAS and BRUCE ORWALL
ATHENS—Greece shook global markets, intensifying fears of a default, as tens of thousands of demonstrators protested a new round of budget-cutting plans and its prime minister offered to step down to try to preserve them.
Bloomberg: Default by Greece ‘Almost Certain’: Greenspan
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.
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.
Thursday, June 16, 2011
Moody’s: Foreclosure Delays Prolong U.S. Housing Correction
Foreclosure Delays Prolong U.S. Housing Correction
- The housing correction will take a little longer than had been expected.
- Resolution of processing issues should be reached by the fall.
- House prices should hit bottom in 2012.
- The housing correction will take a little longer than had been expected.
- Resolution of processing issues should be reached by the fall.
- House prices should hit bottom in 2012.
Wednesday, June 15, 2011
Bloomberg: Greek Bank Threat is Main Stability Risk: ECB
Related News: Economy, Europe, Finance
Greek Bank Threat is Main Stability Risk: ECB
By Jeff Black and Jana Randow - Jun 16, 2011 12:00 AM GMT+0900
The European Central Bank said the threat of the Greek debt crisis spilling over into the banking sector is the biggest risk to the region’s financial stability.
Greek Bank Threat is Main Stability Risk: ECB
By Jeff Black and Jana Randow - Jun 16, 2011 12:00 AM GMT+0900
The European Central Bank said the threat of the Greek debt crisis spilling over into the banking sector is the biggest risk to the region’s financial stability.
CNNMoney: Inflation picks up speed
RECOVERY AT RISK
Inflation picks up speed
By Chris Isidore @CNNMoney June 15, 2011: 9:28 AM ET
NEW YORK (CNNMoney) -- The pace of inflation continued to climb in May, as the recent pullback in gas prices was not enough to ease the strain on consumers' wallets.
Inflation picks up speed
By Chris Isidore @CNNMoney June 15, 2011: 9:28 AM ET
NEW YORK (CNNMoney) -- The pace of inflation continued to climb in May, as the recent pullback in gas prices was not enough to ease the strain on consumers' wallets.
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