Статьи, помеченные тэгом ‘David Cameron’

Stoxx Europe 600 fell down today, as Commerzbank and Credit Agricole have new problems

Monday, July 5th, 2010

European stocks fell amid concern over the economic outlook. Trading volume was quite low due to the fact that the U.S. now trades do not take place because of the holiday on the occasion of Independence Day. Pan-European Stoxx Europe 600 index fell 0.2% to 236.88 points, the British FTSE 100 – on 0,3% to 4,823.53 points, Germany’s DAX – on 0,3% to 5,816.20 points, the French CAC-40 – by 0,5% to 3,332.46 points.

(more…)

Britain cuts budget to the quick

Sunday, July 4th, 2010

Ministry of Finance of Britain demanded that the other ministries of the country to calculate how they will affect the reduction of budget expenditures by 40%.

(more…)

Obama, Cameron and oil spill

Tuesday, June 29th, 2010

So now we have a statement of the president Barack Obama. His anger at the situation with BP does not have a nothing personal. Just business. In a conversation held with British Prime Minister, David Cameron, the American president said that his obvious desire to find the one who “Pour on the first number in BP, totally not a manifestation of anti-British sentiments. The president’s words, of course, encouraging. But the situation with BP was a sad reminder that for the widely advertised “special relationship” between the U.S. and Britain hidden mutual hatred, ready to boil over at the first emergency.

(more…)

Roosevelt made a fatal mistake: the future of the dollar

Sunday, June 27th, 2010

Dollar may fall to a record low by the end of this year. This assumption is expressed most European economists. The exchange rate of the dollar, which is at a high level may fall a few days. The future of the dollar in the hands of China. Franklin Roosevelt made a mistake, but not stimulating the economy through public spending, and listening to the advice advocates reducing the deficit during his second campaign. As a result, the U.S. economy returned to a recession.

(more…)

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.

(more…)

European panic could trigger new collapse for the Dow Jones Industrial Average

Tuesday, June 15th, 2010

New highs beckon Dow Jones Industrial Average. Shoulder support for the bulls Dow Jones rose by 10.5% over the last half hour. At the time Dow Jones Industrial Average was at 10,318.77 points. The way the index is up +127.88 (1.25%,). At the same time, we get bad news from Europe. According to the Office for Budget Responsibility (OBR), a coalition government of Prime Minister David Cameron, over the next few years the UK will need to involve less leverage than expected.

(more…)

Dow Jones Industrial Average falls on the background of the European collapse

Monday, June 14th, 2010

Dow Jones Industrial Average is at 10,254.53 points mark. Part of the acquired Dow Jones today points irretrievably gone. At the time the growth of Dow index is +43.46 points, or 0.43% per day. Britain announced the dire news about an hour ago: The British Office of the Fiscal Responsibility has published the first report on the development of the economy.

(more…)

British Petroleum valued oil tragedy

Monday, June 14th, 2010

British Petroleum assesses the damage of the oil spills in the Gulf of Mexico to 1.6 billion dollars nearly, the company said. The total amount could reach $ 3 billion. This amount includes the cost of spill, in the elimination of the accident at the well, and the payment of Florida, Alabama, Mississippi and Louisiana.

(more…)

The euro and pound exchange rates are declining rapidly

Wednesday, June 9th, 2010

United Kingdom: a warning from Fitch…The euro is suffering a new failure in domestic trading in the euro area. In the UK, declining exchange rate of pound. Today grows dollar rate only. New blow for the euro and the pound was a statement by Fitch. Last night, credit rating agency Fitch warned Britain that it faces “formidable financial challenge, and the budget approved by the previous government in April 2010, involves fast enough to reduce the deficit.

(more…)

In pursuit of European bonds

Sunday, May 16th, 2010

On Friday, May 14 at the European government bond market initiative, the second consecutive day, owned bulls. Excessive demand for protective assets increased against a background of speculation about the fact that Greece fails to pay their debts. That view, in particular, the head of Deutsche Bank Josef Ackermann, who declared that for the full repayment of its debts, Greece should make “unbelievable effort.” Statement by J. Ackerman served as the impetus for the beginning of active purchases of German and French bonds.

(more…)