
Moody's downgrades Greece after debt swap
• ReutersMoody's Investors Service on Friday cut Greece's sovereign debt rating to the lowest possible level after a debt-restructuring deal that imposes hefty economic losses for private creditors.
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Moody's Investors Service on Friday cut Greece's sovereign debt rating to the lowest possible level after a debt-restructuring deal that imposes hefty economic losses for private creditors.
Jim Puplava hosts a special series of interviews this week in response to the Leap Year "take-down" of gold and silver on February 29th of this week. John Doody sees gold stocks as very undervalued and believes it’s the best buying opportunity sinc
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Sen. Jeff Sessions, ranking member of the Senate Budget Committee, pointed out that our per capita government debt is already larger than Greece's. Per person, our government owes over $49,000 compared to $38,937 per Greek citizen.
German Chancellor Angela Merkel is urging her lawmakers to support the new rescue package for Greece.
Raping and pillaging Greece
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The ritual is now familiar. European officials meet with Chinese leaders seeking assurances of help for the continent’s debt crisis.
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The world's leading economies worked on Sunday to line up a deal in April on a second global rescue package worth nearly $2 trillion to stop the euro-zone sovereign debt crisis from spreading and putting at risk the tentative recovery.
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The internal documents of the European Commission reveal the disgraceful attempts to push for higher levels of commitments in trade in industrial goods and agricultural products, services and investment liberalisation
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Live Charts - Crude Oil Chart and Live Oil prices Use our Crude Oil Chart to view Live Oil Prices
State-owned Royal Bank of Scotland paid out nearly a billion pounds in bonuses to staff for last year despite posting a fourth-quarter loss of nearly 2 billion pounds
Here in Argentina, when we watch the terrible things that are happening today in Greece, we can only exclaim, “Hey!! That’s exactly what happened in Argentina in 2001 and 2002…!”
Countries that use the euro are headed for a mild recession this year, the European Commission said Thursday, the region’s second economic contraction since 2008, despite years of attempts to solidify the euro zone’s economic standing. The announc
If one didn’t know better, one would almost certainly think that something huge was about to happen in the world of banking and finance. Over the past few weeks, a slew of high-level resignations have occurred around the world.
Eurozone finance ministers have agreed a second bailout for Greece after marathon talks in Brussels.
Like drunks at a bar door, the euro zone’s governments and banks are leaning unsteadily on each other for support. The banks know they have to sober up, but governments are urging them to have one more for the road.
Hedge funds are cranking up their bets in equities and credit in 2012's buoyant markets in the belief that the euro zone
It’s decision day on the Greek bail-out. Or is it? Eurozone finance ministers are due to meet this afternoon to sign off on the €130bn bail-out to Greece.
A senior U.S. regulator was "optimistic" on Monday about finding a framework for the world's top economy to use global book keeping rules for investors to compare cross-border companies. "We are hopeful we can put forward a model," James Kroeker,