Greece forms technocrat cabinet to prepare for vote (via AFP) Greece on Thursday unveiled a caretaker cabinet of technocrats tasked with organising the cash-strapped nation’s…
Is there a Baby Boomer so dim in this land of rackets and swindles who thinks that he or she will escape the wrath of the Millennials rising? The developing story is so obvious that only an academic economist could fail to notice. Here’s how it will go: some months from now, as the financial unwind worsens, and the mirage of gainful employment shimmers away to nothing, and the technocrats of Europe meet…
Atlanta Business News 8:16 a.m. Tuesday, November 29, 2011
Italy’s bond rates spike as Monti fills government
By NICOLE WINFIELD
The Associated Press
ROME — Italy’s borrowing rates skyrocketed in a big auction of bonds Tuesday as Premier Mario M…
Italy again pays more to borrow
By COLLEEN BARRY, AP Business Writer – 53 minutes ago
MILAN (AP) — For the second time in as many market days, Italy paid sharply higher borrowing rates in an auction Monday, as investors continued to pressure the…
France draws fire after “alarm bells” warning
Reuters – 41 minutes ago.. .
By Daniel Flynn and James Mackenzie
PARIS/ROME (Reuters) – France came under heavy fire on global markets on Tuesday reflecting fears that the euro zone’s second biggest eco…