Archive for the ‘Global Report’ Category:
EU will not help Greece
The European Union has decided to not support Greece at this moment. The Eu will monitor Greek developments and has declared itself to be prepared to move in assets.
This will probably have a positive effect on the Dow together with positive Asian stock markets and a positive day in European markets also.
Iceland repayment bill rattles home opinion
It is not only the US Banks that are paying back the relief money they have gotten to alleviate the financial crisis.
Iceland was one of the more spectacular breakdowns during the global economic crisis . The total collapse of the Icelandic banks devastated the country and left Iceland with a low reputation on the financial [...]
Japan economy on comeback course
If you think your country has been severely hit by the recession, Japan has probably been hit just as bad.. or worse. Worse because Japan’s economy is still in trouble while global signals indicate strengthening recovery trends.
Japan was one of the first economies to feel the economic crisis, they even got ahead of the [...]
Bank executives are paying back TARP funds
The favorable terms of the TARP program have been an angry blip on almost everyone’s radar. The main fallacy was perhaps the fact that the TARP project was (and is) direct intervention on the capital markets. The result has been unsatisfactory and with basically no interest, banks have been able to build profit and jump [...]
