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G-20 Summit: India, Brazil, Mexico seek to curb currency volatility

Sep 04, 2013

G-20 Summit: India, Brazil, Mexico seek to curb currency volatility

For the first time in years, the annual G-20 summit won't be dominated by the Eurozone's debt crisis. Instead troubles in emerging markets may dominate the meeting. #Economy #India #China #Brazil #ConnectTheDots #South Africa #Turkey #EuroCrisis #Mexico #G-20 Summit
Eurozone begins to recover: Services PMI rise for first time in 18 months

Aug 05, 2013

Eurozone begins to recover: Services PMI rise for first time in 18 months

The survey gauges how thousands of eurozone companies fare every month. Although new orders fell again in July, the rate of decline was the weakest since August 2011. #Economy #Numbers #Eurozone #PMI #Growth #EuroCrisis #Services data
IMF approves another $2.3 billion bailout fund for Greece

Jul 30, 2013

IMF approves another $2.3 billion bailout fund for Greece

Greece last week adopted the last piece of legislation its international lenders required to release the next batch of rescue loans, after two months of wrangling over unpopular measures to overhaul the economy. The total funds from the IMF, the European Commission and the European Central Bank comprise 5.8 billion euros. #IMF #NewsTracker #Greece #EuroCrisis #Bailout fund
Moody's maintains negative outlook for Spanish banks

Apr 06, 2013

Moody's maintains negative outlook for Spanish banks

International credit ratings agency Moody's has said it would keep a "negative" outlook on the Spanish banking industry. #Moody's #ExpertView #euro crisis #Spanish Banks #Credit Rating Downgrade
Euro emigration: safety valve or debt drag?

Oct 17, 2012

Euro emigration: safety valve or debt drag?

The problem is that the workforce may move, but national debts don't. And the exit of the former weakens a country's ability to solve the latter by putting a major drag on growth and tax revenues over time. #Debt #Eurozone #EuroCrisis #brain drain #emmigration
India hiring outlook weakest in over 3 years on global uncertainty

Sep 11, 2012

India hiring outlook weakest in over 3 years on global uncertainty

Most US employers are unwilling to add workers because of uncertainty around November's elections, the Federal budget, and the effect of Europe's slowdown, according to a quarterly hiring survey by ManpowerGroup. #jobs #Slowdown #ExpertView #euro crisis #US jobs #Manpower Group #Employers
Euro at minus zero: Some interest rates are turning negative!

Aug 10, 2012

Euro at minus zero: Some interest rates are turning negative!

European investors are now willing to lend at negative interest rates to AAA borrowers like Germany and the European Financial Stability Facility #Euro #EFSF #EuroCrisis #ShortPoints
Moody's downgrades Germany's outlook to negative

Jul 24, 2012

Moody's downgrades Germany's outlook to negative

Moody's also cited an increased chance of Greece leaving the euro zone, which "would set off a chain of financial sector shocks ... that policymakers could only contain at a very high cost." #WhyNow #Greece #Germany #Spain #Italy #EuroCrisis
German parliament approves rescue package for Spanish banks

Jul 20, 2012

German parliament approves rescue package for Spanish banks

The bill was opposed by 97 deputies while 13 abstained. The vote will clear the way for eurozone finance ministers to finally release the rescue package in a conference call on Friday. #NewsTracker #Eurozone #Spain #euro crisis
Steps soon to check deficit, return to growth path: Chidambaram

Jul 11, 2012

Steps soon to check deficit, return to growth path: Chidambaram

In a bid to reboot the economy and return to the high growth path, the UPA government would take proactive measures to contain fiscal deficit and current account deficit, Union Home Minister P Chidambaram said on Tuesday. #Economy #Manmohan Singh #P. Chidambaram #Financial crisis #WhoSaidWhat #EuroCrisis