Archive for the ‘News’ Category:
Greece gets help from EU in more trouble
EU is ready to support Geece with loans and guarantees such as from the German State-owned Development Bank Kreditanstalt fuer Wiederaufbau (KfW). Any support would come with strong conditions.
Greek Prime Minister George Papandreou, who in recent days met with European politicians, declared in London on Friday evening that the Greek government is planning to [...]
1 Trillion Gap in State Pension Funds
Dow Live Report Just as we may be gaining strength more clouds gather on the horizon. Here´s a snippet from Market Watch today:
“A train wreck waiting to happen. That’s the only way to describe the mess that state pension systems are in right now, according to a report published today by the Pew Center [...]
Dow Jones Industrial Average Sold to CME
Pressrelease from CME:
CME Group, the world’s leading and most diverse derivatives marketplace, and Dow Jones & Company today announced that they have signed a definitive agreement in which CME Group will take a 90 percent ownership interest and Dow Jones will take a 10 percent ownership interest in a new joint venture that will own [...]
Dow stumbles on expected Bernanke statements
Checking the live stats on the Dow shows a abrubt dip as Fed Cheairman Ben Bernanke starts to point towards a tighter monetary policy. We all knew it was comeing and so far the ractions are what you might expect. Bernanke´s statement comes at a time when a lot of factors are balancing on the [...]
