Latest news on ‘Global Markets’
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IMF: Says It Stands Ready To Assist Portugal
WASHINGTON (Dow Jones) – The International Monetary Fund is prepared to help Portugal with its sovereign debt crisis, but hasn’t yet been asked by Lisbon to help bail it out, [...]
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Economy poised for 2nd month of strong job gains
WASHINGTON (AP) — Businesses likely posted a second straight month of solid job gains in March, as slow but steady economic growth translated into more hiring.
Economists expect the nation added [...] -
Europe shares edge up ahead of EU ministers meeting
Reuters – European shares edged up on Monday, with gains in healthcare stocks just offsetting weak banks in cautious trade ahead of a meeting of finance ministers to discuss changes [...]
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China Stocks, Bonds May Drop Little as Rate Increase Follows Cash Squeeze
China’s second interest-rate increase since mid-October may have limited impact on stocks and bonds because the central bank’s stricter controls on lending have already roiled markets.
“I don’t see a big [...] -
Scrutiny Falls on 2 More Economies in the Euro Fold
NY Times – PARIS — Throughout Europe’s financial crisis, Italy and Belgium have managed to avoid falling into the category of countries that keep people awake at night.
But even as [...] -
Europe’s Crisis of Liquidity
The New York Times-Instead of long-term insolvency, running out of cash is what causes financial crises like the one slowly unfolding in Europe. Yet much of the effort by policy [...]
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Ireland vows austerity but plan draws skepticism
DUBLIN (Reuters) – Ireland promised on Wednesday to cut spending and raise taxes to combat its banking crisis and secure an international bailout, but drew accusations of overconfidence in assuming [...]
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Ireland Risks Becoming Another Greece as Europe’s Economic Superstar Fades
Bloomberg – On a Sunday morning in October, Simon Kelly sat in the breakfast room of Dublin’s Morrison Hotel, looking eager to chat. Simon, 38, and his father, Paddy Kelly, [...]
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Unease lingers over eurozone sovereign debt
Financial Times – Please use the link to reference this article. Do not copy & paste articles which is a breach of FT.com’s Ts&Cs (www.ft.com/servicestools/help/terms) and is copyright infringement. Send [...]
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EU Urges Ireland to Take a Bailout
Dow Jones – European officials are encouraging Ireland to accept a bailout to restore confidence in its solvency and stop the spread of financial-market turbulence to other euro members, according [...]
