Telegraph.co.ukOECD joins call for eurozone bondsFinancial TimesBy Chris Giles in London The Organisation for Economic Co-operation and Development has joined French and EU officials in calling for a move towards jointly-guaranteed eurobonds at a time …
Moody’s slashes ratings for 26 Italian banks (via AFP) Moody’s slashed its credit ratings by up to four notches for 26 Italian banks Monday, including…
USA TODAYMoody's downgrades credit of 26 Italian banksUSA TODAYAP NEW YORK – Moody's Investors Service has downgraded the ratings on 26 Italian banks as they struggled with the effect of government austerity measures. The rating agency said M…
The GuardianFOREX-Aussie hit by RBA cut, US dollar also strugglesReuters* RBA surprises markets with 50 bps rate cut, Aussie tumbles * Dollar index hits 2-month low after lacklustre US data * Safe-haven yen hits 2-month high vs dollar * Dollar/yen char…
TheChronicleHerald.caMexican bribery case clouds Wal-MartTheChronicleHerald.caEduardo Castro-Wright, then president and CEO of Wal-Mart Stores Inc., United States' division, speaks during the annual Wal-Mart shareholder's meeting in Fayettevill…
IMF Slashes U.S. Forecast, Warns of Recession
Published September 20, 2011
Europe and the United States could slip back into recession next year unless they quickly tackle conomic problems that could infect the rest of the world, the International Mon…
IMF slashes U.S. GDP forecast: report
On Monday August 29, 2011, 10:56 am EDT
ROME (Reuters) – The International Monetary Fund has slashed its growth forecasts for the United States and says the Federal Reserve and the European Central Bank must be r…
The reader comments in response to this are comical.
Saudi slashes oil output, says market oversupplied
Some of the comments:
QuoteGoldman-Sachs are the ones helping to keep the prices so high. They are speculating by taking positions in the million…
GOP spending cuts would hit economy hard
By Jeanne Sahadi, senior writerFebruary 23, 2011: 6:38 PM ET
NEW YORK (CNNMoney) — The more federal spending Congress slashes this year, the greater the potential drag on economic growth, according to a new a…