Bank of England Claims That Banks Are Low on Capital
A new report from the Bank of England has shown that banks throughout the United Kingdom may be facing losses that are not immediately evident on their balance sheets. This…
Blog Archives
Euro Rises on Encouraging News About Europe and Prospect for Fiscal Cliff
The euro has officially risen significantly on encouraging signs about the United States and European debt crises. New reports have shown that borrowing costs on Italian bonds are now the…
U.S. Federal Reserve Launches QE3
The United States central bank has announced that it is launching a third round of quantitative easing. Central bank leader Benjamin Bernanke hopes that the latest stimulus measures will help…
Greece Prepared for Next Round of Austerity Protests
The Greek government is preparing for a new round of economic changes in response to its most recent agreement with the European Union. Officials have no choice but to agree…
Experts Claim Europe Needs New Reforms Very Soon
The Eurozone debt crisis has waged on for well over a year. Many experts are starting to become very nervous about the state of mainland Europe. Politicians have tried to…
Greek Elections Fail to Spur Confidence Among Investors
Investors breathed a sigh of relief when the conservative New Democracy Party won the recent elections. This party has pledged to work with EU leaders to ensure their nation can…
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…
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…
