Europe debt fears pile pressure on Spain, others
Europe’s debt crisis cast its gloom over larger countries like Spain on Tuesday as investors sold off government bonds on worries that the common currency region will be strained by more expensive bailouts.
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Markets see both debt and EU in need of revamp
PARIS: An eventual restructuring of some eurozone debt and big changes in how the European Union (EU) and eurozone functions are now seen as probable and even inevitable, analysts say.
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Debt crisis escalates in Europe; fears grow about Spain
LONDON – The debt crisis in Europe escalated sharply Friday as investors dumped Spanish and Portuguese bonds in panicked selling, substantially heightening the prospect that one or both countries may need to join troubled Ireland and Greece in soliciting international bailouts.
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Ireland promises tax hikes, cost-cutting
Ireland has promised to cut spending and raise taxes to combat its banking crisis and secure an international bailout, but drew accusations of overconfidence in assuming the crippled economy can grow.
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Commodities: Crude and gold cool on China move
Investors applied the brakes on crude oil futures Friday after China tightened bank credit rules and as Ireland stepped closer to agreeing a financial rescue package.
Read more on Sharecast Finance News via Yahoo! UK & Ireland Finance
Nick Godt’s Market Medics: Controlling narrative on debt, inflation
China takes a page from conservatives to control the narrative about markets, debt and inflation.
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Irish debt in focus
Euro zone finance ministers will try to find a way to end Ireland’s debt crisis on Tuesday, with Dublin resisting pressure to seek a state bailout by signalling that only its banks may need help.
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Top RNC Strategist Quits, Blasts Steele
Political director Gentry Collins sent out a scathing five-page letter to all members of the RNC, accusing Chairman Michael Steele of allowing the party’s major donor base to “wither,” failing to keep up with fundraising and spending money on wasteful projects.
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Is Ireland’s number up?
Political Reporter Mary Regan unravels the nightmare of our public finances and sovereign debt and looks at what the figures mean right now and what they could mean for us in the future.
Read more on Irish Examiner
Movie review: ‘Inside Job’
You don’t have to know the difference between a credit default swap and a collateralized debt obligation to feel enraged anew by “Inside Job,” Charles Ferguson’s thorough dissection of the country’s economic collapse of 2008.
Read more on The Springfield News-Leader