Tag Archives: Sovereign debt

Central Banks Fighting Deflation Worldwide

Central banks in Europe, Japan and  the U.S. are fighting deflationary forces by easing monetary policy and financing government debt.  This may change their roles and expectations in the future as they move closer to the areas of fiscal policy … Continue reading

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Selling State Treasures to Run the State

With their treasuries empty and their finances in the worst condition that any politician alive can remember, European states are selling their state treasures to enable them to run the state. Yet no one really understands the how long and … Continue reading

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Europe debt crisis triggers fall in oil demand

Within the OECD, European oil demand has taken a substantial hit. In aggregate, European oil consumption contracted at a rate of 272 thousand bpd or 1.9 percent last year. Similarly, crisis-struck Greece has seen its oil consumption rate contract by … Continue reading

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European Union in peril without reform, warns David Cameron

The European Union is in “peril” unless leaders grasp the “opportunity” presented by the single currency crisis to reform the institution, David Cameron has warned. ********** Read more here: http://www.telegraph.co.uk/news/politics/david-cameron/8890193/EU-debt-crisis-European-Union-in-peril-without-reform-warns-David-Cameron.html

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Asia not immune to eurozone debt crisis

THE chief of the International Monetary Fund said today that Italy’s financial reform is key to reducing the impact of the eurozone crisis, and that no country is immune to the consequences if the efforts fall short. ********** Read more: … Continue reading

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Europe Banks Selling Sovereign Bonds May Worsen Debt Crisis

Banks are selling debt of southern European nations as investors punish companies with large holdings and regulators demand higher reserves to shoulder possible losses. The European Banking Authority is requiring lenders to boost capital by 106 billion euros after marking … Continue reading

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Italy Rating Cut Three Levels by Moody’s on Debt Crisis, Matching S&P Move

Italy’s credit rating was cut by Moody’s Investors Service for the first time in almost two decades on concern that chronically weak growth will make it difficult to reduce the region’s second-largest debt while fallout from the region’s debt crisis … Continue reading

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