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Tag: The austerity debate
  US Economist Kenneth Rogoff - 'Germany Has Been the Winner in the Globalization Process'   In an interview with SPIEGEL, Harvard economist Kenneth Rogoff, 58, says it was a mistake to bring ...
  S&P 500 Cheapest to Bonds on Zero Fed Rates   The Standard & Poor's 500 Index is approaching the cheapest level ever compared with bonds as Federal Reserve Chairman Ben S. Bernanke's zero-pe...
  BOJ Adds to Monetary Easing After Contraction   The Bank of Japan added to monetary easing after exports tumbled and the economy contracted by more than forecast in the fourth quarter. Gov...
  BOE Adds 50 Billion Pounds to Stimulus on Euro ‘Concerns’   Bank of England officials pumped another 50 billion pounds ($79 billion) into the U.K. economy to protect a nascent recovery f...
  Bernanke: 8.3% Unemployment Understates Job Market Weakness   Federal Reserve Chairman Ben S. Bernanke said the 8.3 percent rate of unemployment in January understates weakness in the U.S. ...
  Skagenfondene ser større gjeldsproblemer i USA og Japan enn Italia og Spania   Mens rentene på tiårige statsobligasjoner i Italia, Spania og Frankrike igår var henholdsvis 5,63 prosent, ...
  Fed: Benchmark Rate Will Stay Low Until Late 2014   Federal Reserve officials said their benchmark interest rate will stay low until at least late 2014 and anticipate that unemployment will...
  Soros Warns of ‘Riots,‘ ’Brutal’ Clampdowns & Possible Total Economic Collapse   George Soros is no stranger to Blaze readers. The billionaire currency speculator and philanthropist...
  Draghi Makes Euro Favorite for Most-Profitable Carry Trades With Rate Cuts   Betting against the euro may be the most profitable trade in the foreign-exchange market as policy efforts to sta...
  IMF chief urges action to avoid ‘1930s moment’   The chief of the International Monetary Fund warned on Monday that the global economy could slide into a “1930s moment” unless Europe...
  World Bank Cuts Global Growth Forecast   The World Bank cut its global growth forecast by the most in three years, saying that a recession in the euro region threatens to exacerbate a slowd...
  China’s Slowest GDP Growth in 2 1/2-Years Boosts Scope for Easing: Economy   China’s economy expanded at the slowest pace in 10 quarters asEurope’s debt crisis curbed export demand and...
  Spain jobless figure hit 'astronomical' 5.4 mn   The number of people unemployed in Spain hit an "astronomical" level of 5.4 million at the end of 2011, Prime Minister Mariano Rajoy said on ...
  Looming S&P downgrade hits euro zone markets   Standard & Poor's was poised to downgrade the credit ratings of several euro zone countries on Friday, including France and Austria but not Ger...
  Europe’s $39 Trillion Pension Threat Grows as Regional Economies Sputter   Even before the euro crisis, people were worried about Europe’s pension bomb. State-funded pension obligations...
  Bernanke Doubles Down on Fed Mortgage Bet   Ben S. Bernanke is signaling his willingness to double down on a three-year bet that’s failed to revive housing, showing the extent of the Feder...
  BOE Stimulus Expansion May Not Be Enough for Recovery, BCC Says   More Bank of England stimulus may not be enough to revive U.K. economic growth and the government must improve companies’ ...
  'Vital' that Fed use all its tools, FED's Williams says   The Federal Reserve must be prepared to use all of its policy tools, especially now that Congress is cutting spending, said John Wil...
  Fed's Pianalto hints she'd support more easing   Sandra Pianalto, the president of the Cleveland Fed who has rotated to become a voting member of the Federal Open Market Committee, on Tuesda...
  Italy Is Biggest Risk to Euro, Says Fitch   Fitch Ratings on Tuesday pointed to Italy as the euro-zone member that poses the greatest threat to the currency bloc's future, as the lack of a r...
  Krisen er ikke over - Styringsrenten kan bli senket til ny rekord i Europa   Etter at Den europeiske sentralbanken (ECB) i fjor kuttet styringsrenten i eurosonen, fra 1,5 prosent den 9. nove...
  Sammenligner gjelds-Europa med Ponzi-skandelen   Italieneske Carlo Ponzi lurte tusenvis av investorer og ble fengslet for å ha brukt ny kapital til å finansiere gammel "moro". - Ganske lik...
  ECB Cash Averts ‘Funding Crisis’ for Italy, Spain   The European Central Bank’s unprecedented cash injection is easing borrowing costs for Italy, Spain and Belgium, compensating for th...
  Merkel Says She’ll ’Do Everything’ to Save Euro   German Chancellor Angela Merkel said she expects turbulence in 2012 as she does “everything” to save the euro amid Europe’s so...
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