| Sat 28 Jan 2012 |
James Basis, Petersburg restaurant owner
Richmond Times Dispatch | James Yousbasis, born in the impoverished mountain town of Mikro Horio, Greece, walked off an ocean liner in New York when he was 13 years old with the suit he was wearing, a small suitcase with fresh underwear, $50 and a sign around his neck with ... |
Wall Street cuts losses on late buying
Zeenews New York: US Stocks trimmed losses to end little changed on Friday, as investors saw dips in the market as an opportunity to buy into what has been a strong first month of 2012. | The Dow posted its first weekly loss this year, hurt Friday as Chevron... |
Greek debt talks still cloud more upbeat Davos
Jakarta Globe The global elite had talked itself into an upbeat frame of mind as the Davos forum neared its climax on Saturday, but the Greek debt crisis still hung heavily over proceedings. | The annual World Economic Forum, a gathering of powerful figures in glo... |
Plenty of obstacles ahead for rally
Sydney Morning Herald | January has turned out strong for equities with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace. | The new year lured buyers into growth-related sectors, the on... |
Wall Street week ahead: Quest for the golden cross
The Times Of India NEW YORK: January has turned out strong for equities with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace. | The new year lured buyers into growth-related sectors... |
Greece ‘One Step away’ From Debt Swap - Officials
Novosti | Greece and its private creditors are close to reaching a agreement on the voluntary debt swap, Greek Finance Minister Evangelos Venizelos told journalists in Athens. | “We are one step away from completing the PSI process,” the minister... |
PREVIEW: Euro crisis set to steal show at EU "jobs and growth" summit
m&c | Brussels - After more than two years of ineffective battles against the eurozone debt crisis, the European Union had pledged that its summit Monday would no longer focus on austerity alone, but on growth and jobs too. | In the run-up to the meeting... |
Deadlock in Davos as pressure on euro rises
The Independent | The French and German finance ministers put their differences over the size of the "firewall" needed to protect European economies on public display at the World Economic Forum in Davos. François Baroin of France said Europe's bailout re... |
Germany calls for EU to control Greek budget: Report
The Times Of India LONDON: Germany wants Greece to surrender sovereignty over fiscal policy to a eurozone commissioner before Athens gets a second bailout, the Financial Times reported Friday, citing a copy of the proposal. | Under the plan, a commissioner appointed by... |
Greece locked in parallel talks over debt
The Times Of India ATHENS: Greece was locked in a twin effort Friday to placate its creditors, seeking to secure a crucial debt relief deal with private investors while also tackling pressing demands from its European partners and the IMF for deeper reforms. | Failure ... |
World Economic Forum Davos 2012: Euro zone finance officials upbeat on Greece
The Times Of India DAVOS: Euro zone finance officials have voiced optimism that a deal to avert a disorderly Greek default was imminent and that key building blocks to resolve Europe's sovereign debt crisis are gradually fitting into place. | Europe's top economic offi... |
Finance chiefs reassure CEOs over European crisis
Austin American Statesman | DAVOS, Switzerland — Finance leaders sought to reassure anxious global business leaders on Friday that Europe is on track to solve its crippling debt crisis before it drags the world's economies down. Europe's top banker said investors, burne... |
Wall Street Week Ahead: Quest for the golden cross
Yahoo Daily News | NEW YORK (Reuters) - January has turned out strong for equities with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace. | The new year lured buyers into growth-re... |
Greece, creditors laboriously piece together debt deal
Yahoo Daily News | ATHENS (Reuters) - Greece and its private creditors head back to the negotiating table on Saturday to put together the final pieces of a long-awaited debt swap agreement needed to avert an unruly default. | After weeks of muddling through round aft... |
Greece a 'step away' from debt deal
Sydney Morning Herald | Greece says it is ‘‘a step away’’ from a major debt writedown as it resumes talks with private creditors to escape a looming default and stem further turmoil in the eurozone. | Charles Dallara, the lead negotiator for banks,... |
Germany wants Greece to relinquish budget controls
The Star | BERLIN (Reuters) - Germany is pushing for Greece to relinquish control over its budget policy to European institutions as part of discussions over a second rescue package, a European source told Reuters on Friday. | "There are internal discussions ... |
European stocks fall on US growth data
NZ Herald | European stock indices fell back yesterday on concerns over Greece's ability to reduce its massive debt and the release of disappointing US economic growth data. | London's FTSE 100 index of top shares fell 1.07 per cent to close at 5,733.45 points... |
Greek PM expects debt swap deal in days
The Times Of India ATHENS: Greece expects to conclude difficult debt talks with private creditors within days and negotiations with the EU and the IMF on a new bailout deal by the middle of next week, Prime Minister Lucas Papademos told Reuters on Friday. | Speaking at... |
Euro ministers upbeat on Greece, crisis solution
Gulf News | Davos: Eurozone finance officials yesterday voiced optimism that a deal to avert a disorderly Greek default was imminent and that key building blocks to resolve Europe's sovereign debt crisis are gradually fitting into place. | Europe's top e... |
ECB chief, Geithner fuel hopes of taming eurozone crisis
Jakarta Globe European Central Bank president Mario Draghi said Friday the eurozone had made "outstanding" progress towards resolving its debt crisis as hopes grew for an imminent deal on Greece's debt burden. | US Treasury Secretary Timothy Geithner also praised ... |
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