Monday, July 23, 2012
Euro-Doomsday Scenario: Europeans brace for worst
Jul 22, 2012 by RussiaToday
German Chancellor Angela Merkel has once again been giving assurances the EU is on the road to recovery. But it seems many Europeans themselves remain unconvinced, and are bracing themselves for an economic doomsday.RT's Oksana Boyko has more.
On the Edge with Gerald Celente
Jul 21, 2012 by PressTVGlobalNews
In this edition of the show Max interviews Gerald Celente from trendsresearch.com. He talks about the bankers and governments manipulation of the global interest rates. Gerald Celente is an American trend forecaster, publisher of the Trends Journal, business consultant and author who makes predictions about the global financial markets and other events of historical importance.
In this edition of the show Max interviews Gerald Celente from trendsresearch.com. He talks about the bankers and governments manipulation of the global interest rates. Gerald Celente is an American trend forecaster, publisher of the Trends Journal, business consultant and author who makes predictions about the global financial markets and other events of historical importance.
Shares come and go but Gold is Eternal
The Gold, Silver, Copper and Lead Australian share price listing from an original copy of the Sydney Morning Herald from 13 July 1942.
Keiser Report: Where Money Goes To Die
Jul 21, 2012 by RussiaToday
In this episode, Max Keiser and co-host, Stacy Herbert, discuss the Irish government being so terribly 'embarrassed' that they hired two dirty bankers to 'clean up' their financial system and they remind David Cameron over in 'Grim Britain' of the 'dreadful backgrounds' of Bob Diamond, Jamie Dimon and their ilk. In the second half of the show, Max talks to Wolf Richter of the Testosteronepit.com about the wine bubbles and where money goes to die.
In this episode, Max Keiser and co-host, Stacy Herbert, discuss the Irish government being so terribly 'embarrassed' that they hired two dirty bankers to 'clean up' their financial system and they remind David Cameron over in 'Grim Britain' of the 'dreadful backgrounds' of Bob Diamond, Jamie Dimon and their ilk. In the second half of the show, Max talks to Wolf Richter of the Testosteronepit.com about the wine bubbles and where money goes to die.
Saturday, July 21, 2012
Spain's woes spark share slump
Jul 20, 2012 by Euronews http://www.euronews.com/
There was a huge sell off on Europe's stock markets on Friday after Spain's heavily indebted Valencia region asked for a central government bailout, and Madrid cut the country's economic growth forecast for this year and next rekindling concerns about Spain's financial health and the eurozone debt crisis
The index of the region's top 50 shares slumped 2.8 percent while Madrid's bourse suffering its biggest one-day drop in two years - down 5.8 percent.
Spanish borrowing costs also headed higher - interest on its 10-year government bonds moved further above the seven percent level that markets view as too expensive to be sustainable.
Investors took profits from the recent rally before the weekend, and in some cases summer holidays.
The biggest losers were banks and insurers, which will suffer through their bond holdings and loans if the eurozone crisis intensifies.
The euro hit record lows against several currencies - at one stage it was at its worst against the dollar in over two years.
The firmer dollar pulled down oil prices.
There was a huge sell off on Europe's stock markets on Friday after Spain's heavily indebted Valencia region asked for a central government bailout, and Madrid cut the country's economic growth forecast for this year and next rekindling concerns about Spain's financial health and the eurozone debt crisis
The index of the region's top 50 shares slumped 2.8 percent while Madrid's bourse suffering its biggest one-day drop in two years - down 5.8 percent.
Spanish borrowing costs also headed higher - interest on its 10-year government bonds moved further above the seven percent level that markets view as too expensive to be sustainable.
Investors took profits from the recent rally before the weekend, and in some cases summer holidays.
The biggest losers were banks and insurers, which will suffer through their bond holdings and loans if the eurozone crisis intensifies.
The euro hit record lows against several currencies - at one stage it was at its worst against the dollar in over two years.
The firmer dollar pulled down oil prices.
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