Greece: Stable Outlook for the Economy

(GREEK NEWS AGENDA)  Recently appointed Economy and Finance Minister Yiannis Papathanassiou on Wednesday defended the government’s economic policy, ... of social cohesion in the country. Commenting on a decision by Standard & Poor’s rating agency to downgrade Greece’s credit rating to A-/A-2 with a stable outlook from A-/A-1, the minister said: “ [more...]

Date: 2009-01-16 17:40:11

Blog posts (7) | Videos (1)
 

Ainda o “downgrade” da S&P (3)

Bloomberg The risk of losses on European government bonds is mounting as the economic slowdown threatens credit ratings in Ireland, Portugal, Spain and Greece. Credit-default swaps tied to the debt of Ireland rose more than seven-fold ... to be threatened with a debt downgrade when Standard & Poor’s said the country’s long-term rating [more...]

Date: 2009-01-14 11:03:02

Small Bizs Feeling the Chill

The New York Times: Some small companies say they are no longer able to get loans from newly cautious banks as credit tightens across the country, ... credit — at 30 percent a year. Mr. Snyder does not want to borrow much at that rate. “ ... , the Census Bureau reports, and they outpace large companies in generating new jobs. Photo by Kevin Moloney. [more...]

Date: 2008-10-07 15:08:55

Asian-Pacific stocks rise on South Korea financial rescue package

Asia-Pacific stocks soared Monday after South Korea announced a package of more than $130 billion to stabilize the country's financial sector ... Bureau of Statistics said the country's growth rate slowed to 9 per cent in the third quarter ... mortgage crisis led to a credit crunch, caused financial institutions to collapse and spread around [more...]

Date: 2008-10-21 04:50:33

Sterling Exchange Rate Forecast

This report will focus on the outlook for Sterling, and how further interest rate cuts by the Bank of England this week may affect the pound ... rate, with the country's largest mortgage lender, Halifax, reporting a 16.2 percent annual decline ... since the recession of the early 1990s. The credit crunch has led to thousands of job cuts in many [more...]

Date: 2009-01-05 08:54:00

Stop building to help housing prices recover?

So many plans and ideas are being floated to repair the country's economic situation. David Reilly of the Wall St ... Bureau. Yet still they build. Data due out this week are expected to show that housing starts fell to a seasonally adjusted annual rate of 800,000 in October, according to Credit Suisse. Housing [more...]

Date: 2008-11-17 19:37:46

EconomPics of the Week (1-16-09)

Going GlobalHelp Jake Understand: Is it Possible that a Country Will Leave the Eurozone?The Irish Dr. Doom... or Just an Exaggerating Economist? ... , Commodity MarketsOil Tankers are a Banks Best FriendCreditLoose Credit and AutosAuto Bubble BreakdownReceipts Down, Outlays Up = Soaring DeficitFixed Mortgage Rates at Less than 4.5% [more...]

Date: 2009-01-16 22:44:00

7 Results