Статьи, помеченные тэгом ‘Chancellor’

Dow Jones Industrial climbed higher and higher as the FTSE 100 won 1% today

Wednesday, July 7th, 2010

Dow Jones Industrial Average has prevented all attempts to impose a bear trend. Dow index is at around 9,918.45 points, having won 174.83 points (1.79%) for the last day. DJIA rising steadily against the background of recent statements by Chinese officials and the successful closing of European stock exchanges. European stocks have grown up to the auction on Wednesday 7 July. Shares of banks were on the rise in anticipation of information on methods for stress tests. BP shares have risen in price thanks to speculation of a sale of the share of Arab investors. Pan-European Stoxx Europe 600 index rose by 1.3% to 246.06 points, Britain’s FTSE 100 – has increased by 1% to 5015 points, Germany’s DAX – on 0,8% to 5993 points, the French CAC-40 – for 1,7 % to 3483 points.

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The future of the euro is grim because of default threat in Spain

Monday, June 21st, 2010

The exchange rate depends not on the euro in Greece or Hungary, and from one of the countries – the founders of the euro area … The future of the euro looks unreal. Greece went into the background, now it is just “the opening act.” All eyes are on Spain, a country that is destined to have a significant impact on the future of the euro, as well as to determine whether a new system of management control over the budgets of the Eurozone countries. It will be a crisis in Spain – the situation will change for the better in the world.

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Gold price set a new record high today

Saturday, June 19th, 2010

Gold price set a new record against continuing fears over the economic outlook in Europe on Friday, 18 June. As a result of the regular trading session on the New York Mercantile Exchange, NYMEX, the August futures for gold delivery have risen by 0,8% to $ 1,258.30 per troy ounce.

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Italy, Greece and Spain begin to freeze wages

Thursday, June 17th, 2010

On the streets of the Old World is hot, but Europe freezes. Greece, Italy and Spain have started to freeze wages in the public sector. Hungary freeze government spending. Not without reductions – cut jobs, social benefits, state and local budgets. The race on the road to strict financial savings kicked off when the markets began agitation against the background of the financial situation in several European countries, starting with Greece.

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Dow Jones Industrial received the nasty surprise from oil and collapsed

Wednesday, June 16th, 2010

Dow Jones Industrial Average lost -24.79 points or -0.24%. Falling Dow Jones impact on the mood of buyers of the world’s stock market. New challenges for Dow Jones came from the oil market. Commercial stocks of crude oil in the U.S. for a week from 5 to 11 June 2010. rose by 1.7 million barrels. and amounted to 363.1 million barrels., according to a report of the Ministry of Energy.

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Who saves the euro?

Wednesday, June 16th, 2010

The euro remains a major challenge for Europe. France and Germany partially settled there was disagreement on the question of European economic policy – they finally agreed on the establishment of an economic government of the EU.

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Dow Jones Industrial Average: the danger of collapse remains at the market of blue chips

Monday, June 14th, 2010

Dow Jones Industrial Average may begin a sharp decline after the release of bad news from Spain. Dow index continues to strive for higher levels of 10.200 points, but the bears are making serious attempts to attack. Trading volumes are falling. Also disappointing customers news from Greece. Traders seemed unfazed by news that credit rating agency Moody’s lowered its rating on Greece’s debt to junk status. At the time Dow Jones Industrial is located at around 10,233.14. Index of blue chips was up to the level of 10,270, but the growth stopped. Overall growth for the Dow Jones today was +22.07 points (0.22%).

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Euro can accept death as salvation

Sunday, June 13th, 2010

Eleven-year European Monetary Union, uniting 11 countries, is tested for durability. States, especially Greece, Portugal and Spain, under pressure of markets in reducing deficits and reforming their economies. Politicians ponder over how to rewrite the rules of membership in the euro area, to prevent new crises. The European Central Bank was forced to intervene in the government bond market – in the central bank certainly not dreamed of that will go to such a measure. Euro fell sharply. But is this tension temporary phenomenon? Will Europe’s leaders to improve the situation? Or do they simply destroy the Eurozone? We consider four possible scenarios.

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Germany begins to save frantically

Sunday, June 13th, 2010

Economic problems in Europe have begun to threaten not only the poor countries, but also strong. Most read newspaper of the Federal Republic – Bild am Sonntag quoted Angela Merkel: “Most people know that we save in order to reduce our debts” – said the chancellor, while expressing hope that our compatriots will understand the Government announced unprecedented measures of austerity. And although her hopes, as shown by the early polls have under him the grounds last Saturday, nevertheless, showed that in fact, not all Germans are ready to seriously save for yourself.

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The debt crisis in Europe has just begun

Saturday, June 12th, 2010

U.S. business TV channel CNBC made a rating of most heavily indebted countries. Experts estimated the total debt relative to GDP of the country. The top twenty of the most “heavily indebted” countries was 17 countries in Europe. The USA took only 20th place. The top rating of debtors took Ireland. Its total external debt (both private entities and state) at the end of 2009 totaled 2.32 trillion dollars. This is more than 13 times the volume of island economies (more precisely, at 1312 percent). In the second place reveals Britain. Its total debt (9.15 trillion U.S. dollars) of 426 percent of GDP.

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