10 Updates

Eurozone factory output continues to fall steeply

Source: Guardian Unlimited, Dec 12 2012, 4:43pm CST

Eurozone factory output continued its steep fall in the autumn, underscoring the feeble domestic demand that risks prolonging the bloc's recession. Industrial production in the 17 countries sharing the euro fell 1.4% in October after falli ...

Continue reading on: Guardian Unlimited

 
 
Update
10

11 hours ago

The Trouble With Tapering

Source: Seeking Alpha  |   Jun 19 2013, 12:33pm CDT

There is a greater-than-50 percent chance that the Federal Reserve will maintain the size and projected tenor of quantitative easing (QE) through the remainder of 2013. Policymakers have also indicated that the asset purchase ...

Continue reading on: Seeking Alpha  More like this

 
Update
9

12 hours ago

IMF says Spanish recession 'may end soon'

Source: The Daily Telegraph  |   Jun 19 2013, 11:01am CDT

SPAIN'S biting recession may end soon but the outlook is tough and Madrid must do more to battle the country's unacceptably high unemployment rate, the IMF has warned. Spain's economy, still reeling from ...

Continue reading on: The Daily Telegraph  More like this

 
Update
8

27 weeks ago


Quote:
"Domestic demand will only turn around when uncertainty among the companies about the fate of the euro has been dispelled, prompting them to increase investment again"


Source: Guardian Unlimited

 

Latest Business News

 
Update
7

13 hours ago

Obama warns EU over high youth unemployment

Source: FindLaw: AP Professional News  |   Jun 19 2013, 10:25am CDT

BERLIN (AP) — President Barack Obama raised the prospect Wednesday that Europe might need to adjust its economic policies to tackle high youth unemployment and make sure that some countries don't "lose a generation." Obama warn ...

Continue reading on: FindLaw: AP Professional News  More like this

 
Update
6

15 hours ago

Spain workers evicted after occupying factory

Source: Euronews  |   Jun 19 2013, 8:34am CDT

Industrial tension in Spain against a background of chronically high unemployment came to a head in the Basque country with the forced eviction of 70 workers from their factory near Bilbao. Police moved in on Tuesday following a c ...

Continue reading on: Euronews  More like this

 
Update
5

16 hours ago

UPDATE 2-Slovenian growth outlook darkens ahead of privatisation vote

Source: Reuters  |   Jun 19 2013, 7:18am CDT

* Central bank official warns of possible GDP contraction in 2014 * Parliament to vote on privatisation Friday * Vote a litmus test of government's anti-crisis efforts LJUBLJANA, June 19 (Reuters) - Slovenia's economy could ...

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Update
4

17 hours ago

US economy: Steady as she goes

Source: PhysOrg.com  |   Jun 19 2013, 6:22am CDT

America's economy will hum along its path of moderate growth, adding 4.7 million jobs through the end of next year, say University of Michigan economists. "Employment growth will not exceed 200,000 jobs per month, ...

Continue reading on: PhysOrg.com  More like this

 
Update
3

17 hours ago

Euro Continues its Climb

Source: Benzinga.com  |   Jun 19 2013, 6:14am CDT

The euro continued its upward climb on Wednesday as markets waited for the second day of the US Federal Reserve meeting to come to a close. Most investors seem convinced that the days of super-cheap money are nearing their end and have been po ...

Continue reading on: Benzinga.com  More like this

 
Update
2

17 hours ago

IMF says Spanish recession 'may end soon'

Source: Expatica  |   Jun 19 2013, 5:49am CDT

Spain's biting recession may end soon but the outlook is tough and Madrid must do more to battle the unacceptably high unemployment rate, the IMF warned Wednesday. Spain's economy, still reeling from a 2008 p ...

Continue reading on: Expatica  More like this

 
Update
1

18 hours ago

...AND CHEAPER...:

Source: BrothersJudd Blog  |   Jun 19 2013, 4:52am CDT

Whatever the Fed's conclusion, many analysts insist the more upbeat view is justified this time. In particular, Mr. Behravesh and other economists said, the economy has shown greater resilience than expected in the face ...

Continue reading on: BrothersJudd Blog  More like this

 
 

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