| Sat 19 May 2012 |
A big fat Greek disaster
NZ Herald | It is easy to dislike Greece. All that history, that ancient wisdom, a warm scenic location in the eastern Mediterranean, yet it struck me as a scrabbling, help-yourself sort of place, not poor but not as rich as it should be. | Athens is not Rome ... |
'Grexit' and the future of Europe
Otago Daily Times | When no lesser person than the Governor of the Bank of England issues a warning that Europe is "tearing itself apart", sensible people, politicians included, need to sit up and take notice. And they are, as influential figures in the United Kingdom... |
Greek threat pushes shares down
Gulf News | London: World shares slid and German borrowing costs hit record lows yesterday as a deepening Spanish banking crisis, uncertainty about Greece's future in the eurozone and lacklustre US data bolstered safe-haven assets. | World stocks, as mea... |
Oil hits 2012 low on Eurozone turmoil
Gulf News | London: Oil prices slipped below $107 a barrel yesterday and hit a 2012 low as investors fought shy of riskier, growth-oriented assets on fears that Greece would leave the euro, and after a downgrade of 16 Spanish banks by Moody's added to th... |
Azumi jawbones yen 'speculators' and won't rule out intervention
Japan Times | The government is stepping up its monitoring of speculative moves in the currency market as the yen is showing "volatile" movement, Finance Minister Jun Azumi said Friday, hinting intervention hasn't been ruled out if the currency gets too strong. ... |
It's all in the stories
Gulf News | A recent much-too-short trip to Greece tossed up different reactions from each of us that composed the tour group. Some sat transfixed and stared in awe, some grew wings on their feet and whizzed around trying to experience each thing twice in the ... |
Greek tragedy felt far and wide
The Australian | IN a country where omphaloskepsis -- navel gazing -- is the national pastime, it is probably too much to hope that when Greeks go back to the polls on June 17, they will have the sense to deliver a clear-cut result that puts the nation on a well-de... |
Time to get real or follow the Greeks
The Australian | OVER the budget week, Julia Gillard referred to families "being under pressure" but where does the pressure come from? And, crucially, what is being done to change that? Login to read the rest of this article | User Login Username * Password * Reme... |
Wall Street Little Changed Before Facebook Debut
The New York Times | Stocks on Wall Street traded marginally on the plus side Friday morning, but major indexes were still setting up to close their worst week of the year, even as Facebook’s market debut could help lift battered investor sentiment. Add to Portfo... |
Greek banks 'close to collapse'
The Australian | THE Greek banking system could collapse before the country holds a repeat election in four weeks' time, one of Europe's most senior bankers warned yesterday. | As Greek politicians argued over whether a victory for anti-austerity parties in the Jun... |
$64bn sell-off over Greece, China fears
The Australian | FEARS that the world is again plunging into financial crisis sparked panic selling on the sharemarket yesterday, taking investor losses for the week to $64 billion. | Markets do not believe European authorities can stabilise banks over the four wee... |
| Fri 18 May 2012 |
Europe thinks the unthinkable on Greece
Canoe By Sebastian Moffett and Mike Peacock, Reuters | --> | ... |
New evidence released in US murder case
Al Jazeera | Prosecutors in the US state of Florida have released almost 200 pages of evidence in the case of Trayvon Martin, the unarmed black teenager killed by a neighbourhood watch volunteer, George Zimmerman, last February. | The documents and images provi... |
Protest over Bahrain king's royal invite
Al Jazeera | A small group of around 25 Bahrainis who now live in London have protested outside the Bahrain embassy in London over the presence of their king at the Queen Elizabeth II's Diamond Jubilee lunch for foreign royals at Windsor Castle. | The protester... |
Stocks fall on Europe worries; Facebook debuts
Atlanta Journal | It's going to take more than Facebook's initial public offering to push the stock market higher. In a May 7,2012 photo trader John Bishop works on the floor of the New York Stock Exchange. Wall Street looks set for a higher opening on Friday May 18... |
High Street lenders battered as Moody's downgrades Santander UK amid Spanish banking crisis
The Daily Mail | Shares in Britain’s biggest High Street banks were battered yesterday as growing fears over their counterparts in Spain ripped through the eurozone. | The decision by ratings agency Moody’s to downgrade Santander UK, alongside 16 Spanis... |
Dollar falls against euro for first time in a week
Houston Chronicle | NEW YORK (AP) — The dollar fell against the euro for the first time in a week, as excitement about Facebook's initial public offering overshadowed problems in Europe. | The euro rose to $1.2737 in late trading Friday from $1.2714 late Thursday. |... |
Dollar falls against euro for first time in a week
Dayton Daily News | NEW YORK — The dollar fell against the euro for the first time in a week, as excitement about Facebook's initial public offering overshadowed problems in Europe. | The euro rose to $1.2737 in late trading Friday from $1.2714 late Thursday. | ... |
Dollar falls against euro for first time in a week
The Charlotte Observer | NEW YORK The dollar fell against the euro for the first time in a week, as excitement about Facebook's initial public offering overshadowed problems in Europe. | The euro rose to $1.2737 in late trading Friday from $1.2714 late Thursday. | The U.S.... |
Dollar falls against euro for first time in a week
Fresno Bee | NEW YORK -- The dollar fell against the euro for the first time in a week, as excitement about Facebook's initial public offering overshadowed problems in Europe. | The euro rose to $1.2737 in late trading Friday from $1.2714 late Thursday. | The U... |
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