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Do The Greeks Understand Europeans
Athenian's continue their protests. Greece's two main labour unions, GSEE and ADEDY, already plan to hold a 48-hour strike on Friday and Saturday against a new package of austerity measures. Union leaders have constantly stated that the requirements for the bailout package are unacceptable.
20:09 GMT | FXEmpire
Obama's Proposed Fiscal 2013 Budget Has $901B Deficit
The fiscal 2013 budget President Barack Obama will present to Congress on Monday will include hundreds of billions in infrastructure spending and a projected deficit of $901 billion, or about 5.5 percent of the nation's gross domestic product.
By Mike Obel | Feb 10 | IBTimes
Bernanke Urges Creditors to Rent Properties, Not Try to Sell Them
The head of the U.S. central bank, in his second public statement on housing policy in as many weeks, told an audience of residential builders Friday that creditors who own vacant homes should consider renting the properties as a way to stanch urban blight.
By Mike Obel | Feb 10 | IBTimes
A Quick Look at Current Events from Emerging Nations
This week has been overshadowed by the Greek crisis and its affects on trading partners. Asian markets have been largely overlooked on the whole. There have been some unusual events taking place.
Feb 10 | FXEmpire
Australian Dollar Outlook - 02/10/2012
Bell FX Currency Outlook: The Aussie traded to a low of USD 1.0740 in our session yesterday, to open at USD 1.0785 this morning with markets buoyed as Greek political leaders appeared to have come to an agreement on terms for the country's bailout.
By Christine Gaylican | Feb 09 | IBTimes AU
Preview: China’s Trade Balance A Gauge for Global Demand
As we head towards the end of the week we continue to see general risk sentiment positive as our most basic measure of sentiment - the S&P 500 futures - continues to push towards fresh highs multi-month highs.
By Nick Nasad | Feb 09 | FX Times
Negotiations in Europe, U.S. Lift Markets
Negotiations on both sides of the Atlantic Ocean, between Greece and its lenders and between big U.S. banks and the federal government, boosted the willingness of investors Thursday to move into risk assets, many of which posted gains.
Feb 09 | IBTimes
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