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Rupee hits 65 but India should stop panicking; Here's why

Aug 22, 2013

Rupee hits 65 but India should stop panicking; Here's why

The INR fall is actually positive for the country. Politicians will not take the economy for granted and harp on pro citizen policies that actually hurt the citizens the most. Subsidies, freebies and tax exemptions lead to inflation, falling economic growth and a worthless currency. #India #Rupee #Euro #investors #CurrencyWatch #Eurozone debt crisis #INR
Slowdown forces ArcelorMittal to write down European biz value by $4.3 bn

Dec 21, 2012

Slowdown forces ArcelorMittal to write down European biz value by $4.3 bn

World's largest steel maker ArcelorMittal today said it will write down the value of its European business by about $4.3 billion on account of decreasing demand in Europe due to weaker macro economic and market environment. #CorporateStrategy #ArcelorMittal #Eurozone debt #Macroeconomic conditions
Brace for market mayhem on India GDP shock, Spain pain

May 31, 2012

Brace for market mayhem on India GDP shock, Spain pain

For the first time since 2008, GDP growth could come in below 6 percent. And if that isn't bad enough, markets everywhere are freaking out over Spain's banking crisis. Brace, brace, brace! #Whileyouweresleeping #nifty #BSE #Spain #Eurozone debt crisis

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Brace for market mayhem on India GDP shock, Spain pain

Sep 12, 2014

First German governor from ex-communist party?

(AP) -- A quarter-century after the Berlin Wall crumbled, an election this weekend may show whether Germany is ready for its first state governor from the party descended from East Germany's communist rulers. The opposition Left Party hopes to end th... #Berlin #NATO #Angela Merkel #East Germany
Brace for market mayhem on India GDP shock, Spain pain

Sep 12, 2014

European states struggle with Draghi's challenge

(AP) -- Eurozone finance ministers on Friday said they were willing to help the European Central Bank in its plan to save the economy. How much they can do in practice, however, remains unclear. The ministers met for the first time since ECB Presiden... #European Union #Europe #European Central Bank #Mario Draghi
Brace for market mayhem on India GDP shock, Spain pain

Sep 05, 2014

ECB action alone can't lift gloom over Europe

(AP) -- Europe has gotten another dose of stimulus. But the latest medicine by itself will not bring life to an economy that over the past six years has slid from crisis to crisis. Though the European Central Bank surprised markets Thursday with the ... #Europe #European Central Bank #Mario Draghi