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Tag: Europe

Imf Europe Director Borges Tenders Resignation on Personal Grounds

Nov 16 2011 22:01:16 Stanimir Zhelev in Market

News: IMF said on Wednesday that its Europe director Antonio Borges has resigned with immediate effect on personal reasons IMF also said that Lagarde intends to appoint Reza Moghadam, as Borges successor. Read more

Europe Has Capacity to Deal With Its Internal Issues - Rosengern

Nov 16 2011 20:01:57 Stanimir Zhelev in Market

News: Europe has all capacity to deal with issues developing in countries like Italy and Greece, but it needs political will - Rosengern He also said fed would be prepared for more coordinated activity with ECB, if it gets signal of fresh crisis; but said he won't foresee a crisisQuotes: "This is a ... Read more

Lacker : U.s. Has Done a Lot to Prepare Banking Sector for Potential Fallout from Europe Crisis, Less Confident About Money

Nov 16 2011 19:01:09 Stanimir Zhelev in Market

LACKER : U.S. Read more

Canada's Flaherty Expresses Concern on Europe, Urges Concrete Action

Nov 16 2011 07:01:28 Stanimir Zhelev in Market

NewsCanadian Fin min Flaherty today expressed concern over situation in Europe and urged European leaders to take strong action to resolve the debt crisisHe said that European woes are strong enough to trigger another global recession if remains unresolvedAccording to him flexibl... Read more

Australian And New Zealand Dollars Slide On Lingering Concerns Over Europe

Nov 16 2011 05:03:17 Stanimir Zhelev in Market

During Asian trading on Wednesday, the Australian and New Zealand dollars declined against their major counterparts on lingering concerns over the debt problems in the eurozone economies. Read more

Europe Shares Dip 0.3pct on Fear of France's Public Finances

Nov 15 2011 18:01:06 Stanimir Zhelev in Market

News:Europe shares dip 0.3pct closing at 972.17 points , with French banks being amongst the biggest fallers as yields on French sovereign bonds rose for a third consecutive sessionFrance's CAC 40 index tumbled 1.9 pct. Read more

German Finmin Against Cenbank Financing States , says Europe Must Defend Its Currency

Nov 14 2011 17:01:12 Stanimir Zhelev in Market

News: German FinMin Wolfgang Schaeuble said that if Europe wants a common currency then it must be defended when it comes under attack.   He also said that there could be no financing of states by central banks. Read more

Japan Pm Extends Support to Europe on Condition That European Countries Show the Resolve to Tackle Their Debt Problem

Nov 14 2011 06:01:03 Stanimir Zhelev in Market

News: Japan's PM Yoshihiko Noda said on Sunday Japan is ready to extend support to Europe as long as European nations show readiness to tackle their debt problem in a unified manner He urged European nations to implement the comprehensive policy steps to address the crisis to regain market trus... Read more

Australia's Swan Calls On Europe To Act Quickly To End Crisis

Nov 11 2011 06:01:03 Stanimir Zhelev in Market

Australia's Treasurer Wayne Swan on Friday said that the leaders of the Asia-Pacific economies must unite their voice to urge Europe to resolve its debt crisis quickly. Asia cannot depend on the U.S. Read more

Bernanke: increased Financial Stress in Europe Would Create a Freezing up of Credit, Withdrawal of Short-Term Funding Not

Nov 10 2011 19:01:03 Stanimir Zhelev in Market

BERNANKE: INCREASED FINANCIAL STRESS IN EUROPE WOULD CREATE A FREEZING UP OF CREDIT, WITHDRAWAL OF SHORT-TERM FUNDING NOT JUST IN EUROPE BUT AROUND THE WORLDThe material has been provided by Instaforex Company - ... Read more

Australian Shares Declines As Turmoil in Europe Hit Global Share Values

Nov 10 2011 07:01:04 Stanimir Zhelev in Market

NewsThe benchmark S&P/ASX 200 index fell 102 pts to 4,244.1, Westpac Banking Corp dropped 3.3 pct to A$20.86, and it's lowest in a month China's imports helped the market off its lows, It's imports from resource-rich Australia grew 36.7 pct in Oct from 33. Read more

Europe Oct. Monster Employment Index Rises Slightly

Nov 04 2011 05:31:14 Stanimir Zhelev in Market

The employment index for Europe rose slightly to 139 in October from 138 in September, Monster Worldwide said Friday.The index logged an annual growth of 14 percent, suggesting an improvement in online job demand. Read more

Rba Cuts Gdp and Inflation Forecasts, concerned About "disruptive" Outcome in Europe

Nov 04 2011 02:01:22 Stanimir Zhelev in Market

News The RBA expects Australian GDP at 2.75 percent for 2011, versus 3.25 pct previously. RBA gave a range of 3.0-3.5 percent for its end-2012 growth forecast and 3-4 percent for 2013. (Pvs  3.75 pct for both 2012 and 2013) inflation forecast to cut to 2. Read more

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