Search Results for: US economy
Fitch Downgrades Japan to ‘A’; Outlook Stable
April 27th, 2015
Fitch Ratings has downgraded Japan’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘A’ from ‘A+’. The issue ratings on Japan’s senior unsecured foreign and local currency bonds are also downgraded to ‘A’ from ‘A+’. The Outlooks ...
Greeks Add Pressure on Tsipras to Compromise as Talks Resume
April 27th, 2015
Greece resumed efforts to break a deadlock with its creditors as weekend polls showed a majority of the country’s people want the government to make compromises needed to release funds for its economy. Two opinion polls published over the ...
Financial integration in Europe rebounds, ECB report finds
April 27th, 2015
Financial integration in the euro area has improved steadily and has reached a level close to that before the sovereign debt crisis Establishment of Banking Union and unconventional monetary policy actions taken by the ECB are major drivers of ...
Dubai Financial Market profit plunges 69 per cent over oil worries
April 27th, 2015
The Dubai Financial Market, the UAE’s biggest stock exchange, said its first quarter profit slid 69 per cent as investor concerns over oil prices dampened trading volumes. The DFM, which makes most of its money on trading commissions, said net ...
Dollar on defensive after more weak U.S. economic data
April 27th, 2015
The dollar started the week on the defensive on Monday after more disappointing U.S. economic data reinforced expectations the U.S. Federal Reserve will not hike interest rates any time soon, while concerns about Greece‘s debt talks pressured the euro. ...
11 Signs That We Are Entering The Next Phase Of The Global Economic Crisis
April 24th, 2015
Well, the Nasdaq finally did it. It has climbed all the way back to where it was at the peak of the dotcom bubble. Back in March 2000, the Nasdaq set an all-time record high of 5,048.62. On Thursday, ...
Varoufakis Said to Take Hammering From Riled EU Ministers
April 24th, 2015
Greek Finance Minister Yanis Varoufakis was heavily criticized by his euro-area colleagues amid mounting frustration at his refusal to deliver measures to fix his country’s economy and release financial aid, according to three people familiar with the talks. Euro-area ...
What about the EU Single Market?
April 23rd, 2015
Discussions of the economic situation in Europe and the eurozone during the last few years have a heavy emphasis on government debt and central bank policy. But from the time when the Treaty of Rome back in 1957 created ...
European Investment Bank rolls out the Investmet Plan for Europe
April 23rd, 2015
The first projects and transactions earmarked for benefitting from an EU budget guarantee under the European Fund for Strategic Investments (EFSI) have been approved by the Boards of the European Investment Bank (EIB) and the European Investment Fund (EIF) ...
Lifting potential growth in the euro area
April 23rd, 2015
Speech by Peter Praet, Member of the Executive Board of the ECB, at the Welt-Währungskonferenz Potential growth and monetary policy The euro area economy seems now to be turning the corner. Both the hard and soft data suggest that ...
