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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. #Numbers #Economy #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
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
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
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
Runaway Galaxy S III sales push Samsung to record profit

Jul 06, 2012

Runaway Galaxy S III sales push Samsung to record profit

Soaraway sales of the Galaxy smartphone drove record quarterly profit of $5.9 billion at Samsung Electronics, though the South Korean tech giant is sweating over how Europe's debt crisis is denting demand in its biggest market for televisions and home appliances. #Apple Inc. #IPhone #Nokia #Samsung #Galaxy #EuroCrisis
Eurozone unemployment hits new record, rises to 11% in May

Jul 02, 2012

Eurozone unemployment hits new record, rises to 11% in May

Unemployment in the 17-country euro currency bloc hit another record in May as the continent teetered on the edge of recession because of its crippling financial crisis. #United States #Business/Finance #Japan #Eurozone #Unemployment #Recessions #EuroCrisis
Europe's big four agree on growth boost, split on common bonds

Jun 23, 2012

Europe's big four agree on growth boost, split on common bonds

The measures include increasing the European Investment Bank's capital, redirecting unspent EU regional aid funds and launching project bonds to co-finance major public investment programmes. #Business/Finance #Angela Merkel #Germany #Silvio Berlusconi #EuroCrisis #Mario Monti