Search Results for: MoU
Gold price dips on Greek deal
July 13th, 2015
Gold prices fell on the London spot market on Monday, as Greece reached a deal with its creditors after talks through the night. Spot gold was down 0.7 per cent at $US1,155.04 a troy ounce in morning European trade, ...
US stocks seen higher on Greek agreement
July 13th, 2015
U.S. stock markets were tipped to open higher on Monday following news that Greece and its international creditors have reached a bailout agreement. European Council President Donald Tusk said early on Monday that euro zone leaders reached an unanimous ...
Agreement on Greece reached: EU
July 13th, 2015
Euro zone clinches deal with Greece after all-night haggle Euro zone leaders clinched a deal with Greece on Monday to negotiate a third bailout to keep the near-bankrupt country in the euro zone after a whole night of haggling ...
Dirty Dealing: China and International Money Laundering
July 13th, 2015
In the midst of turmoil in the Chinese stock markets, one serious problem that may appear is increased currency outflows created by current and potential investors who would rather move their assets to foreign countries viewed as safer havens. Money laundering should be under close surveillance. ...
This league table of Greek debt explains why Merkel will show Greece no mercy
July 13th, 2015
It’s no secret that the biggest holder of Greek debt — which Greece is refusing to pay — is Germany. But when you see how much exposure Germany has to Greek debt, you quickly realize just how motivated German ...
Total confusion about a Greek deal
July 12th, 2015
EU Council president Donald Tusk announced this morning that the planned EU summit is cancelled and that a separate euro zone summit meeting will start at 1400 GMT (1600 local time). Tusk said the eurozone summit would last until we ...
Orderly Grexit Poses a Puzzle for EU Lawyers Gaming Out Doomsday
July 10th, 2015
Grexit on Sunday? Not so fast, say the lawyers. Even if the creditors pull the plug, Greece will remain legally part of the euro zone on Monday. It could hang on in a half-out, half-in state indefinitely, creating legal ...
China tries to calm stock market Chaos
July 10th, 2015
As panic grips China’s markets, authorities have unleased a range of weapons China’s stock markets are in the midst of a crash, and with panic spreading, authorities have stepped in with drastic measures to prevent a looming disaster. Over ...
China Shares Rise but Uncertainty Hovers
July 10th, 2015
Greece inches closer to deal with creditors, but investors are wary of sustained China recovery China shares rose Friday, and other Asian markets made tentative gains, as investors assess whether a recovery in Chinese stocks proves sustainable. The Shanghai ...
Greece Enters Its Crack-Up Boom
July 9th, 2015
The Austrian School of economics has a concept called a “crack-up boom” in which a critical mass of people conclude that their government is actively trying to devalue its currency. Consumers respond by front-running the government, spending their paychecks ...
