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2012/05/27 15:55
2012/05/27 15:55
2h
Europe's Maquina Infernal has crippled Spain
Spain is spiralling into the vortex of debt-deflation. This has nothing to do with Greece. It is not the result of fiscal extravagance over the past decade, or other such Wagnerian myths. The...
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European Central Bank José Ignacio Goirigolzarri Standard & Poor European Union Mariano Rajoy
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2012/05/27 15:55
2012/05/27 15:55
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2012/05/27 15:55
2012/05/27 15:55
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2012/05/27 05:42
2012/05/27 05:42
13h
OECD warns eurozone crisis stunting global recove...
PARIS (AFP) - Europe came under mounting pressure Tuesday to take action to boost growth as the OECD warned that the eurozone crisis has worsened and poses the greatest risk to a recovery for the...
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European Union Francois Hollande Brussels Paris Angela Merkel
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2012/05/27 05:15
2012/05/27 05:15
13h
Jobless European recovery highlights need for ref...
Jobless European recovery highlights need for reform Europe is set for a rebound to growth the latest forecasts show, but unemployment will keep on rising, a conundrum that highlights the difficult...
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Organisation for Economic Cooperation and Development Employment Council Marie-Claire Carrere-Gee French Economic Observatory Mathieu Plane
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2012/05/26 22:16
2012/05/26 22:16
20h
Hungary heads for recession
Hungary is headed for its second recession in three years after the economy contracted more than economists had estimated in the first quarter, as the euro-area debt crisis reduced demand for the...
Budapest Bloomberg International Monetary Fund European Union London
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2012/05/26 13:34
2012/05/26 13:34
1d
Europe’s woes threaten other economies
WASHINGTON -- The Eurozone debt crisis is intensifying a global slowdown, with new signs that even powerhouse Germany may be faltering, adding to worries about China and other major pillars of...
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Nariman Behravesh IHS Global Insight ATHENS powerhouse Germany Eurozone
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2012/05/26 13:04
2012/05/26 13:04
1d
Vietnam reports trade gap as import gain signals ...
Vietnam’s trade balance swung to a deficit in May as imports rose in a sign that domestic demand may be improving as officials try to revive the economy. The deficit in May was $700 million, compared...
General Statistics Office in Hanoi Capital Economics Ltd. JPMorgan Chase & Co. Matt Hildebrandt Sukhy Ubhi
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2012/05/26 10:53
2012/05/26 10:53
1d
Greeks suspend tax payment on euro exit concerns
Greeks suspend tax payment on euro exit concerns Unemployed people wait outside an office of Labor Force Employment Organization (OAED) in Athens, Tuesday, April 17, 2012. A senior official at...
ATHENS Labor Force Employment Organization Finance Ministry Reuters THESSALONIKI
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2012/05/26 06:53
2012/05/26 06:53
1d
Troubled Spanish bank seeks state aid package
Troubled Spanish bank seeks state aid package Spain’s fourth largest bank has requested a multi-billion euro bailout package from the country’s government, Press TV reports. Just hours after credit...
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Bankia Jose Ignacio Goirigolzarri Spanish government Madrid Luis de Guindos
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2012/05/26 05:53
2012/05/26 05:53
1d
Euro, US stocks fall on Spanish, Greek woes
Euro, US stocks fall on Spanish, Greek woes A trader works on the floor of the New York Stock Exchange on May 8, 2012 in New York City. Euro and US stocks have fallen on fears of Spain's worsening...
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Standard & Poor's Standard & Poor Bankia Bankinter Standard and Poor's Ratings Services
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2012/05/26 04:50
2012/05/26 04:50
1d
Summer of discontent beckons
Summer of discontent beckons LONDON (Reuters) - The late spring warmth spreading across Europe and the United States is unlikely to soothe a growing anxiety in financial markets that the global...
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European Central Bank Peter Westaway Vanguard Asset Management London Madrid
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2012/05/26 01:43
2012/05/26 01:43
1d
U.S. Consumer Sentiment Rises to Highest Since 20...
... with closing stock market in sixth paragraph.) May 25 (Bloomberg) -- Consumer confidence rose in May to the highest level since October 2007 as Americans became more upbeat about the...
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University of Michigan Washington Bloomberg Associated Press University of Michigan
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2012/05/25 23:44
2012/05/25 23:44
1d
Why Spain's Economic Crisis Will Be Good for Gold
Spain's economy is bankrupt. A veneer of freshly printed euros is all that's holding it together. Within a matter of weeks, more printing will be seen as crucial to prop up banks and sovereign...
European Central Bank Spanish government European Union Bank of Spain Ambrose Evans-Pritchard
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2012/05/25 23:05
2012/05/25 23:05
1d
A look at economic developments around the globe
A look at economic developments and activity in major stock markets around the world Friday: MADRID - The board of directors of Spain's troubled bank, Bankia, has asked the Spanish government for...
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Bankia Facebook NEW YORK Federal Bank of Germany Talbots
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2012/05/25 16:00
2012/05/25 16:00
2d
- The Naperville Sun
Jobless rate in Chicago area falls to 9 percent in April The unemployment rate in the Chicago area fell to 9 percent in April from 9.5 percent a year earlier, according to a report released by the...
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Illinois Department of Employment Security CHICAGO Jay Rowell Naperville Norman Kelewitz
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2012/05/25 15:34
2012/05/25 15:34
2d
SA GDP growth seen slowing to 2.4%
Economic growth in South Africa is expected to have slowed to 2.4 percent in the first quarter from 3.2 percent in the previous quarter due to a slump in the mining and manufacturing sectors. Twelve...
Reuters Annabel Bishop Investec Standard Chartered Bank Razia Khan
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2012/05/25 14:12
2012/05/25 14:12
2d
European crisis may hit Russia harder than ever b...
The political collapse in Greece and Moody's downgrade of the rankings of 16 Spanish banks at once have led to the decline in stock indexes all over the world. In Russia, the head of the Central Bank,...
Aleksei Ulyukayev Sergei Ignatiev Moody's Central Bank of the Russian Federation Higher School of Economics
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2012/05/25 11:40
2012/05/25 11:40
2d
It’s been a good quarter for banks nationwide
In its latest report, the Federal Deposit Insurance Corp. said Thursday that commercial and savings institutions nationwide have reported an aggregate profit of $35.3 billion for the first quarter....
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Federal Deposit Insurance Corp Federal Deposit Insurance Corp. Washington Martin Gruenberg Bert Ely
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2012/05/25 09:56
2012/05/25 09:56
2d
UK recession deepens
Britain's recession is deeper than first thought according to revised official figures published Thursday that showed the non-eurozone nation's economy shrank 0.3 percent in the first quarter. A...
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Office for National Statistics Bank of England George Osborne London International Monetary Fund
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2012/05/25 09:19
2012/05/25 09:19
2d
Big cut in petrol price?
Global oil prices had moderated as Saudi Arabia increased production. Oil was trading at over US125 (about R1045) a barrel in February, but had since dropped to below US110 (about R920). Petrol...
Gill Marcus Pretoria
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2012/05/25 09:08
2012/05/25 09:08
2d
Britain facing second financial crisis as economy...
Britain facing second financial crisis as economy shrinks more quickly than feared SHOCK figures yesterday showed the double-dip recession is even worse than feared. Experts said Britain should...
George Osborne David Cameron Ed Balls Chloe Smith Office for National Statistics
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