PARIS (Reuters) – Greece’s European partners took too long to help the country and the goal must now be to spur economic growth as well as cutting the debts of the euro zone country, French Prime Minister Jean-Marc Ayrault said on Friday. “Greece needs to revive its economy. There are unused (EU) structural funds and what’s needed now is help to secure that revival alongside putting its accounts back in shape,” he told France Inter radio. “We waited too long before helping Greece. This has been going on for two years now and only gets worse,” he said. … Economy News Headlines – Yahoo! News
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NEW YORK (Reuters) – Stocks hit a four-month low on Thursday as rising Spanish bond yields increased investor anxiety over that country’s banks and another round of weak data undermined hopes for U.S. economic recovery. Growing worries over developments in the euro zone and lackluster economic data pushed the S&P’s losing streak to five consecutive days. The index, which closed at a level not seen since mid-January, has now relinquished more than half of its gains from the first quarter. …
Fears that Greece might leave the euro currency union, with uncertain consequences for the rest of Europe, pushed the continent’s markets down again on Thursday, though Asian stocks eked out gains thanks to good economic growth figures out of Japan. Economy News Headlines – Yahoo! News
WASHINGTON (Reuters) – The November 6 elections are less than six months away, but lawmakers and Washington insiders are already trying to figure out what Congress will do in a post-election session to avoid what is being described as a January 1 “fiscal cliff.” That refers to a series of decisions on budget and tax matters President Barack Obama and Congress will have to negotiate in November and December. If handled poorly, the economic recovery could be threatened, economists fear. Here is what confronts Washington if nothing is done: At year’s end, tax cuts enacted under President George …
JOHANNESBURG (Reuters) – Rising social pressures are increasingly throwing South African policymakers off track, undermining the predictability of economic decision-making and threatening the country’s credit rating, a senior analyst at Moody’s said on Wednesday. Along with peers Fitch and S&P, the ratings agency has downgraded the outlook on South Africa’s rating to negative from stable over the last six months, citing the threat of political interference in policy-making. …
The E*TRADE Baby is in a time out. Find out why…and how he’s still able to manage his E*TRADE account anytime, anywhere. E*TRADE. Investing Unleashed. Visit etrade.com. Video Rating: 4 / 5
www.informedtrades.com A less on how traders determine their initial stop levels when trading the stock, futures, and forex markets. In our last lesson we looked at the difficulty of overcoming a loss in the market to further emphasize the importance of protecting your trading capital… Video Rating: 4 / 5
ForexAutoTrader – is it a SCAM or a Real Deal? Lets find out in the independent investigation by Mark Larsen from Forex-Systems-Reviews.com Video Rating: 4 / 5
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SINGAPORE (Reuters) – Gold extended losses on Wednesday to slip to its weakest level since late December after efforts to form a new government in Greece collapsed, prompting investors to cut their exposure to the precious metal. Bullion has this year been moving in tandem with assets that are perceived to be risky, casting off its status as a safe-haven in times of economic instability. …
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