THE US DOLLAR PAR WITH THE EURO
At the moment, today, Tuesday, February 09, 2010, the Euro is approximately $1.37 per dollar. However, Greece is showing signs it will not capitulate and curb its fiscal excesses by cutting jobs,...
View ArticleEU–HOW MUCH WORSE CAN IT GET?
Was Ireland wise to accept a bail-out from the European Union and the International Monetary Fund (IMF) at the end of last year? Or does the bail-out comprise little more than a sticking plaster, which...
View ArticleECB: “YOU WANT MONEY?”“HERE’S A TON OF IT…”
Euro-Area Banks Tap ECB for Record Amount By Gabi Thesing, from Bloomberg The number of financial institutions flocking to the European Central Bank’s three-year loans soared to 800 and borrowing...
View ArticleWORLD ECONOMY: WHERE WILL IT BE TOMORROW?
Investors all across the world are intently listening to the words of Messers Draghi and Bernanke is order to decipher the future of stock prices, bond prices and gold.
View ArticleIF YOU DON’T OWN GOLD, BUY FARM LAND
More high-net-worth individuals are seeking to buy gold to protect their wealth from the risk of rising inflation after central banks boosted stimulus.
View Article“INFLATION” COMING TO EUROPE
The euro declined the most since July versus the dollar after European Central Bank President Mario Draghi said a strong currency could slow the region’s economic recovery, lifting bets the bank may...
View ArticleMARIO DRAGHI — DID HE REALLY SAVE EUROPE?
One year ago, ECB President Mario Draghi uttered two short sentences that changed the course of Europe’s debt crisis, and propelled a once-reluctant central bank more deeply into its role as guardian...
View ArticleA SLOW GROWING CANCER IS KILLING EUROPE
The euro-zone economy barely expanded in the third quarter, raising fresh concerns that the region faces a mix of stagnation, weak prices and high unemployment that threatens to hold back activity for...
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