BBC Mario Monti has been asked to form a new Italian government to tackle an acute debt crisis which prompted the resignation of Silvio Berlusconi. Mr Monti, an ex-EU commissioner, said he was starting urgent …
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MorningWord: 11/11/11: Europe seems like a slightly safer place over the last 30 or so hours…..Yields on Italian debt are coming down hard from historic levels while the country’s senate approved a key budget vote which should …
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MorningWord: 11/10/11: Yesterday’s 3.67% sell off in the SPX was in some ways a healthy reminder that our markets, at least for the moment are a slave to the process to bail out weak European …
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MorningWord: 11/9/11: I spent most of yesterday afternoon’s 1.5% rally in the SPX scratching my head asking anyone who would listen why a new PM in Italy and Greece, with both nations scrambling to form …
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NYT ROME — The European debt crisis appeared to claim its most prominent victim on Tuesday when Prime Minister Silvio Berlusconi of Italy, cornered by world markets and humiliated by a parliamentary setback, pledged to …
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BBC Italy’s PM Silvio Berlusconi is set to face a crucial vote on the budget, amid fears that Italy could be the next victim of the Eurozone debt crisis. Borrowing costs for Italy’s government have …
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Pragmatic Capitalism Let’s not sugarcoat tonight’s “resolution” – this is merely a temporary measure that will buy them more time to resolve the true cause of the currency crisis. Let’s take a brief look at …
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Seeking Alpha Wednesday’s Economic Calendar 7:00 MBA Mortgage Applications 7:30 Challenger Job-Cut Report 8:15 ADP Jobs Report 10:00 ISM Non-Manufacturing Index 10:30 EIA Petroleum Inventories FT The International Monetary Fund has urged European governments …
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Bloomberg U.S. stocks rose, reversing losses in the last 90 minutes, as concern about Europe’s debt crisis eased following a report that Italy was in talks with China about possible investments. Treasuries fell after the …
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WSJ The Yield on the benchmark 10-year bund fell to a record low Monday, while Italian yields rose on fears the government’s commitment to austerity and reform is weakening, and investors questioned the European Central …
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