Tag Archive: Euro

Nov 25

How will financial events unfold in 2012?

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2011 has been year of mixed reactions and sentiments for financial markets. Economies kept on struggling to leap out of sovereign debt crisis but only found themselves in greater mess. US had to increase its debt ceiling yet again this year, Britain’s debt cut measures measurably failed as government had to give up on falling …

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Permanent link to this article: http://www.wealthson.com/1766/how-will-financial-events-unfold-in-2012

Nov 18

Euro was always a disaster

Mr. Farage once again went heavy on the people responsible for creation and administration of Euro.  

Permanent link to this article: http://www.wealthson.com/1763/euro-was-always-a-disaster

Nov 13

Slovenia can be the first to leave EU; Government Bond Yields rise above 7% for the first time since joining Euro

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Slovenia’s 10-year government bonds slid for a fourth day, with the yield topping 7 percent for the first time since the nation adopted the euro in 2007, as the debt crisis in Europe roils markets. The yield rose to 7.14 percent at 1:05 p.m. in Ljubljana, according to Bloomberg data. Slovenia, which holds early elections …

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Permanent link to this article: http://www.wealthson.com/1755/slovenia-can-be-the-first-to-leave-eu-government-bond-yields-rise-above-7-for-the-first-time-since-joining-euro

Sep 16

Bernanke has no idea where half a trillion dollars went

This is Ben Bernanke saying he has no idea where $500 Billion went after they were swap against Euro. Bernanke also failed to tell why the dollar exchange rates changed by 20% during the period when swap was taking place. Here is a video of nervous Bernanke. Hold on Mr. Chairman there is more to …

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Permanent link to this article: http://www.wealthson.com/1710/bernanke-has-no-idea-where-half-a-trillion-dollars-went

Sep 14

Why can’t French banks be bailed-out, Jefferies explains

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In most ways the excess borrowing by, and lending to, European sovereign nations was no different than it was to US sub prime households. In both cases loans were made to folks that never had the means to pay them back. And these loans were made in the first place because regulatory arbitrage allowed stealth …

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Permanent link to this article: http://www.wealthson.com/1701/why-cant-french-banks-be-bailed-out-jefferies-explains

Sep 14

Euro at decade low against Yen on European debt concern

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The euro fell toward its weakest level in a decade against the yen on speculation Greece is nearing default and as Italy’s borrowing costs rose at a sale of 3.9 billion euros ($5.3 billion) of bonds. The 17-nation currency fluctuated against the dollar after a statement by a spokesman for French President Nicolas Sarkozy that …

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Permanent link to this article: http://www.wealthson.com/1698/euro-at-decade-low-against-yen-on-european-debt-concern

Sep 11

How September would unfold for Europe and Greece?

Disastrous Tsunami has already set its way towards the Europe and Greece would be its epicenter. Come Monday and all the attempts to bailout Greece would be put forward and in the course of next 1 month it would clear if Europe collapse will happen in coming months or it would take some time to …

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Permanent link to this article: http://www.wealthson.com/1684/how-september-would-unfold-for-europe-and-greece

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