With the fears of a European sovereign debt crisis growing worse, the Spanish government said Wednesday that it’s taking several measures to stop the fiscal contagion from reaching its shores, including selling a 30% stake in i…
The recent tremors in global equity markets may have deep and disturbing roots. As investors are becoming aware, there is growing evidence that the economy is slowing down in Europe, Asia and the U.S. Here’s a look at some of t…
Economic performance among EU nations is getting more divergent. While Germany and France continue to modestly expand, debt-plagued countries like Greece are shrinking. That makes it tough for the European Central Bank to set i…
The price of the precious metal jumped above $1,420 Tuesday on eurozone debt and inflation concerns. Meanwhile, World Bank President Robert Zoellick said that the world’s largest economies should consider adopting a new gold st…
The capital markets have begun to believe the deficit and debt problems in Ireland and Greece may overwhelm political efforts to balance national budgets.
Continue reading Ireland and Greece in Deep Trouble Aga…