Showing posts with label Euro-Zone Crisis. Show all posts
Showing posts with label Euro-Zone Crisis. Show all posts

November 19, 2012

Moody's Says Euro Crisis May Lurch Back into Shock

Moody's Investors Service said Friday the period of calm experienced in Europe in the past six months will come to an end without progress on area-wide reforms, potentially leading Spain and Italy losing bond market access at a time of sizeable refinancing needs.

November 12, 2012

Germany Says Growth to Weaken in Winter

Germany's economy, the largest in Europe, will weaken "noticeably" during the winter months as companies hold back on investments due to the euro-zone crisis, Germany's economics ministry said Friday.

July 03, 2012

Rio Tinto Says Euro Crisis Weighs but Sees Robust China Growth

The euro-zone crisis is slowing global economic growth for the short term but China, the world's largest consumer of many commodities, is still expected to grow at more than 8% this year, mining titan Rio Tinto PLC (RIO) said in a presentation Friday.

May 27, 2012

Euro Zone Crisis To Hit Colombia, Chile; Won't Derail Growth

PARIS -(Dow Jones)- Chilean finance minister Felipe Larrain said Thursday his country will be hit by the euro-zone crisis in the coming months, though not strongly enough to derail economic growth.

January 27, 2012

Euro-Zone Crisis Continues To Drive Global Credit Outlook

LONDON -- Fitch Ratings said Thursday that negative rating outlooks on global corporates are rising as an effect of the intensification of the euro-zone crisis in the second half of 2011.

November 02, 2011

The magic money tree

IT IS hardly surprising that the markets are having second thoughts about last week's euro zone rescue deal.

September 06, 2011

Swiss Central Bank's Gamble on Euro-Zone Crisis

Even the winners from the crisis are starting to suffer.

The Swiss National Bank has set out to halt the franc's relentless appreciation by pledging to buy unlimited amounts of foreign currency. After seeing the euro move close to one Swiss franc in August from 1.25 franc at the start of the year, the SNB has drawn a line in the sand at 1.20 franc. The euro zoomed 8.8% higher against the franc Tuesday, and the 1.20-franc level held. But this is a big gamble.