The recent €100 billion bailout of Spain’s banks will leave Europe’s financial rescue fund without enough money to bail out another big economy, an international…
Jitters over whether Greece will be forced out of the euro have turned the focus of policymakers in recent days on whether Greece is on…
“Shadow inventory,” the number of homes that are either in foreclosure or are likely to end up in foreclosure, creates substantial but hidden pressure on housing prices and potential losses to banks and investors. This is a critical figure for …
Bowl of lentil soup/day in the worker’s paradise…
http://www.cnbc.com/id/44512449
China’s premier, Wen Jiabao, said the country remains ready to help Europe through its current debt crisis, but said Europe must recognize China as a full market co…
Just in case anyone was worred that the debt drama was over in Europe:
” Events of the last week have twisted economic and political feelings towards bond markets, writes DAN O’BRIEN, Economics Editor
THE BAILING out of Ireland was, among other thing…
