Spain Warns that It Has Been Shut Out of Markets
Cristobal Montoro, the Budget Minister of Spain, has stated that the country has been effectively shut out of the bond markets. Montoro said that investors are becoming nervous about the…
Monthly Archives: June 2012
Investors Get Jitters As Greece Still Fails to Create New Government
Global financial markets tumbled on Monday as investors received more bad news from Greece. President Papoulias had hoped that he would be able to unify a new government over the…
United States Economy Stumbles During First Quarter
The official report on United States GDP growth for the first quarter of 2012 was published last Friday. The report found that GDP growth was a tepid 2.2%. This figure…
Chinese Economy May Be a Major Bubble Waiting to Explode
Economists have been predicting that China is going to grow to be the world’s next economic superpower. However, some analysts speculate that those projections are inflated and that China’s grow…
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