Breaking News about Eurozone:

Draghi, ECB Play the Waiting Game

Source: Business Balla | May 9 2014, 6:40am CDT | by Forbes

Content to do nil for another month, the European Central Bank’s (ECB) chief made it abundantly clear yesterday that...
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Economic Preview: Unhappy German ZEW could deepen eurozone’s blues

Oct 13 2014 5:38am CDT | Source: MarketWatch

What to watch from economic sentiment data for Germany and the Ecofin/Eurogroup meetings of financial head honchos, as Europe struggles with its reco ...
Full article at: MarketWatch


It Is UGLY In Italy

Sep 30 2014 5:05am CDT | Source: Business Insider

Of all the Eurozone cases, the most miserable might be Italy. Sure, Greece had the biggest economic collapse, and came the closest to going bust. But there's something about Italy's neverending downward lurch that's just remarkable. Two stats really stand out today. One is Italy's youth unemployment, which is SIGNIFICANTLY higher than it was a year ago. Here's the table that shows that. Meanwhile, Italy continues to be in out ...
Full article at: Business Insider


Latest stories

Ukraine lacks sufficient gas for winter
Kiev, Oct 23 (IANS) Ukrainian Prime Minister Arseny Yatsenyuk has said his country lacks sufficient natural gas for winter. | by IANS
Obama 'cautiously optimistic' about Ebola
Washington, Oct 23 (IANS) President Barack Obama Wednesday said he is "cautiously optimistic" about the Ebola situation in the US, as his government announced a new programme that will actively monitor for 21 days every person coming from West African nations hit by the deadly virus. | by IANS
Khamenei wants less reliance on oil
Tehran, Oct 23 (IANS) Iran's Supreme Leader Ayatollah Ali Khamenei called on the country's officials Wednesday to formulate plans to cut Iran's dependence on oil revenues and manage the economy on the basis of the domestic capabilities. | by IANS

Dollar Looks to Fed to Secure Strongest Run in Half a Century

Sep 15 2014 1:04am CDT | Source: Forex News

Talking Points: Dollar Looks to Fed to Secure Strongest Run in Half a Century British Pound Edges Higher as Market Digests Shift in Scotland Sentiment Euro Focus Still on ECB Policy, But Sovereign Bond Yields are Rising… Dollar Looks to Fed to Secure Strongest Run in Half a Century Friday is opening once again green for the Dow Jones FXCM Dollar Index (ticker = USDollar). If we close out the session posit ...
Full article at: Forex News


Financial Fragmentation Continues To Divide The Eurozone

Source: Business Balla | Apr 28 2014, 1:01pm CDT | by Forbes

The ECB has today released an interesting new metric by which to judge the level of financial integration within the...
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An Economics Lesson For Professor Sinn

Source: Business Balla | Apr 27 2014, 8:44pm CDT | by Forbes

Writing in Project Syndicate, Hans Werner Sinn, Professor of Economics and Public Finance at the University of Munich, ...
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Once Again, François Fumbles In France

Source: Business Balla | Apr 2 2014, 1:57pm CDT | by Forbes

If a week is a long time in politics then, the 23 months since May 2012 when the French elected François Hollande to be...
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ECB Stands Firm Despite Deflation Threat -- Here's Why

Source: Business Balla | Mar 6 2014, 1:26pm CST | by Forbes

ECB Stands Firm Despite Deflation Threat -- Here's Why
In the past month we’ve heard from the IMF, OECD and countless commentators warning of the risks of not taking action...
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France...Economy & Presidency

Source: Business Balla | Jan 14 2014, 7:48am CST | by Forbes

France...Economy & Presidency
This afternoon at 16:30 CET the President of France, François Hollande, will hold a press conference where he intends...
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When Rihanna dressed like 'Harry Potter'
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Germany raises humanitarian aid to Iraq
Berlin, Oct 22 (IANS) Germany has pledged a further 20 million euros (about 25.5 million dollars) in humanitarian aid to Iraq, the foreign ministry said in a statement Tuesday. The additional funds are immediately...
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India calls on Israel, Palestine to resume peace process
United Nations, Oct 22 (IANS) India has called upon Israelis and Palestinians to resume the peace process as "dialogue remains the only viable option" to address the issues confronting the region. In a brief statement...
Read more on Politics Balla
Airstrikes help ground forces fight IS: Pentagon
Washington, Oct 22 (IANS) Kurdish forces are in control of the majority of the Syrian city of Kobane despite efforts by the Islamic State (IS) to take the town, a spokesperson for US defence department said Tuesday....
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Palestine, Israel urged at UN to halt unilateral initiatives
United Nations, Oct 22 (IANS) UN Secretary-General Ban Ki- moon Tuesday called on Palestine and Israel to overcome differences and halt unilateral initiatives that fuel mistrust, so as to pursue long-term stability in...
Read more on Politics Balla
China urges Israel to create conditions for peace
United Nations, Oct 22 (IANS) Chinese government has called on Israel to create necessary conditions for the resumption of peace talks with Palestine. At an open debate of the Security Council on the situation of the...
Read more on Politics Balla