-
By Marlene Y. Satter, AdvisorOne |
June 19, 2012
At the summit meeting of G-20 leaders in Los Cabos, Mexico, the focus was on strengthening the firewall of the IMF and pushing Germany to relent on pooled debt and increasing deficit spending.
-
By Marlene Y. Satter, AdvisorOne |
June 18, 2012
Voters in Greece on Sunday let the world know that they were not quite ready to depart the euro.
-
By Marlene Y. Satter, AdvisorOne |
June 14, 2012
Moody's cut the ratings of Spain and Cyprus on Wednesday. Bond yields topped 7% for Spain, and in Italy’s first bond sale since Spain’s bailout yields surged.
-
By Marlene Y. Satter, AdvisorOne |
May 18, 2012
Moody’s cut the ratings of 16 Spanish banks, taking Banco Santander and Banco Bilbao Vizcaya Argentaria down three notches each. Fitch, meanwhile, dropped Greece into its lowest level in junk territory.
-
By Marlene Y. Satter, AdvisorOne |
May 8, 2012
Successful votes against austerity from Greece to France have pushed officials to consider other ways to cope with the debt crisis in the euro zone.
-
By Janet Levaux, AdvisorOne |
May 7, 2012
Jim O'Neill of Goldman Sachs says a drop to 1.20 euros to the dollar is more likely than not.
-
By Marlene Y. Satter, AdvisorOne |
May 7, 2012
Europe could be in for change, if voters in three different countries over the weekend have anything to say about it.