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…
The euro has posted its biggest quarterly gain in eight years, but billionaire investment guru Warren Buffett is worried about Europe’s common currency. Despite the E.U.’s trillion-dollar bailout fund, he’s not sure the Contine…
The Swiss franc has been a top currency over the past six months, outpacing the dollar by 8.9% and the euro by 7.8%, thanks to shaky conditions in Europe. But some signs suggest the Swiss currency is due for a correction.
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U.S. stock market futures turned higher Wednesday morning, erasing earlier losses, after Portugal successfully raised €1.04 billion in the bond market. Investors who have been concerned over eurozone sovereign debt were relieved the Portuguese auc…