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May 23, 12 •
7798 Views •
Market Commentaries •
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The leaders of the 27 countries that make up the European Union are to meet in Brussels Wednesday to try and find a way to keep the debt crisis in Europe from spiralling out of control and promote jobs and growth. The original meeting was supposed to be...
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Mar 22, 12 •
3995 Views •
Market Commentaries •
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Comments Off on Get Out Of The Way Greece, Its Spain's Turn In The Spotlight
Citigroup economist Willem Buiter, warned that Spain may be forced to follow the lead of the Greeks as it is crippled by debt burden. “Spain is the key country about which I’m most worried,” Buiter said in a report in Bloomberg. “It’s...
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Feb 8, 12 •
4500 Views •
Between the lines •
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Comments Off on Greece's One-Year Bond Yield Rose To 528% On Tuesday, 527.9% above Germany's
It’s extremely difficult to sum up what’s happened recently without being open mouthed. There comes a time when you begin to run out of adverbs and adjectives to either understand or explain the overall global economic situation. On the day when...