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Danger Ahead For Media Driven Markets
On both sides of the pond, troubling economic news and disturbing political action and inaction continue to keep global equity, commodity and currency markets swirling in the makings of a perfect...
View ArticleEuro Summit On or Off?
While German Chancellor Angela Merkel awaits a vote in Parliament, Italy shows signs of resistance to last Sunday’s summit meeting as Greece sits nervously on the edge of collapse. The European Union...
View ArticleEuro Zone Fix
Rather than throw in the towel, members of the EU announced a multi-tiered plan to solidify Greece and help Italy escape the depth of a financial meltdown. Global markets reacted quickly to the...
View ArticlePapandreou and Greek Surprise
Greece has 10 million residents. The country contributes 3 percent to the Euro Zone GDP. The weakness in the global economy has kept this country on center stage for the past two years. While the...
View ArticleHot Politics In Euro Zone
While Italy and Greece fire up their transitional governments, the world is still waiting to review the political theater that is the Euro Zone. The good news is that both countries responded to calls...
View ArticleDavos Summit Confident
Regardless of how the Euro Zone finance members really think about the economic and financial matters of its 17 members, the word from the finance ministers assembled in Davos was inordinately...
View ArticleGreece A Warning To All
After the dismal euro zone finance minister summit meeting last week, the same tired questions remain. The tension increased over the weekend. When the Greek Parliament passed another required series...
View ArticleGreece – Germany No Love Lost
Was there ever any doubt that the euro zone debt negotiations would turn combative? Anyone who has followed the Greek debt debacle could only assume this would happen. Early on in the process, Greece...
View ArticleGreece Deal Straddling Fence
Like an eerie scene from a Hollywood script, the financial futures of Greece, the euro, the euro zone, the European Union and many banks, pension funds and credit unions hinge on 23rd hour negotiations...
View ArticleGreece Wins For Now
Late Monday night, euro zone finance ministers and the International Monetary Fund (IMF) reached an agreement that gives Greece more breathing room than expected. The agreement came after weeks of...
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