Time

🇺🇸 LA
----
--:--
🇺🇸 New York
----
--:--
🇬🇧 London
----
--:--
🇮🇹 Rome
----
--:--
🇮🇳 Delhi
----
--:--
🇨🇳 Beijing
----
--:--
🇰🇷 Seoul
----
--:--

Monday, September 19, 2011

CNNMoney: Greek default: What it would mean

Greek default: What it would mean
http://money.cnn.com/2011/09/19/news/international/greek_default/index.htm?iid=Lead
By Chris Isidore @CNNMoney September 19, 2011: 4:45 PM ET


NEW YORK (CNNMoney) -- Experts agree it's almost certain that Greece will not be able to pay all of its debts. But if the country does default, what happens next?

Saturday, September 17, 2011

CNNMoney: Hundreds of protesters descend to 'Occupy Wall Street'

Hundreds of protesters descend to 'Occupy Wall Street'
By Julianne Pepitone @CNNMoneyTech September 17, 2011: 7:07 PM ET

NEW YORK (CNNMoney) -- Hundreds of demonstrators took to the streets of Manhattan's financial district on Saturday in a largely peaceful protest aimed at drawing attention to the role powerful financial interests played in wreaking havoc on America's economy.

Thursday, September 15, 2011

CNNMoney: IMF chief: Advanced economies crushed by debt

IMF chief: Advanced economies crushed by debt
http://money.cnn.com/2011/09/15/news/economy/world_debt_lagarde/index.htm?iid=HP_River
By Jennifer Liberto @CNNMoney September 15, 2011: 10:26 AM ET

WASHINGTON (CNNMoney) -- International Monetary Fund Managing Director Christine Lagarde sounded the alarm Thursday that global economies are in a "dangerous phase," in her first major speech in Washington since taking over as fund chief.

Wednesday, September 14, 2011

CNNMoney: Europe's debt crisis: 5 things you need to know

Europe's debt crisis: 5 things you need to know
http://money.cnn.com/2011/09/08/markets/europe_debt_crisis_/index.htm?iid=HP_River
By Ben Rooney September 14, 2011: 12:17 PM ET

NEW YORK (CNNMoney) -- It's been about 18 months since the sovereign debt crisis in Europe began attracting attention in global financial circles.

Thursday, September 8, 2011

Daily Caller: Newt Gingrich in debate: I’d fire Ben Bernanke as fed chairman

The Daily Caller

Newt Gingrich in debate: I’d fire Ben Bernanke as fed chairman
Published: 10:15 PM 09/07/2011

Former House Speaker Newt Gingrich said he would fire Federal Reserve Chairman Ben Bernanke if elected president in 2012.

Tuesday, September 6, 2011

Bloomberg: Roubini: Slowdown Brings Forward New Crisis

Roubini: Slowdown Brings Forward New Crisis
By Scott Hamilton - Sep 06, 2011 08:28 AM

Nouriel Roubini, co-founder and chairman of Roubini Global Economics LLC, said the current slowdown in the world economy has brought forward the timing of a new financial crisis.

Tuesday, August 30, 2011

CMBS market emerges from the shadows

CMBS market emerges from the shadows
Date: 29 August 2011

Europe's CMBS market is emerging from the shadows after four years in the doldrums, sending a signal to the market that it is once again a credible source of debt capital. In August, Deutsche Bank underwrote £450 mln (EUR 513 mln) of new UK loans which are likely to form the basis of another CMBS deal. The new loans are reportedly secured on the Merry Hill regional shopping centre in the West Midlands, the Design Centre in Chelsea Harbour in London and Milton Park, a business park in Oxfordshire.

http://www.propertyeu.info/index-newsletter/cmbs-market-emerges-from-the-shadows/

Wednesday, August 24, 2011

Bloomberg: Home Short Sales Increase as Banks ‘More Realistic’ on Market

Home Short Sales Increase as Banks ‘More Realistic’ on Market
By Dan Levy - Aug 24, 2011 08:01 PM

U.S. homes nearing foreclosure accounted for 12 percent of total sales in the second quarter as banks agreed to more transactions at prices below the outstanding mortgage balance, RealtyTrac Inc. said.

NYT: U.S. May Back Refinance Plan for Mortgages

U.S. May Back Refinance Plan for Mortgages
By SHAILA DEWAN and LOUISE STORY
Published: August 24, 2011

The Obama administration is considering further actions to strengthen the housing market, but the bar is high: plans must help a broad swath of homeowners, stimulate the economy and cost next to nothing.

Bloomberg: Orders for Durable Goods in U.S. Increase 4%, Twice as Much as Estimated

Orders for Durable Goods in U.S. Increase 4%, Twice as Much as Estimated
By Shobhana Chandra - Aug 24, 2011 01:12 PM

Orders for U.S. durable goods climbed more than forecast in July as a surge in demand for aircraft and autos eclipsed a decrease in business equipment, including computers and machinery.