IBTimes.com : Germany Topic

Merkel's Party Appeals To Opposition To Back Fiscal Pact

Sun, 27 May 2012 08:42:02 EDT

A top ally of Chancellor Angela Merkel's conservatives appealed to the opposition Social Democrats and Greens on Sunday to refrain from "playing political games" and back the government to endorse Europe's new fiscal pact and permanent bailout fund.

Lloyd's Of London Preparing For Greek Euro Exit

Sun, 27 May 2012 07:00:04 EDT

The Lloyd's of London insurance market has reduced its exposure "as much as possible" to the crisis-hit euro zone in preparation for a collapse of the bloc's single currency, its chief executive told the Sunday Telegraph newspaper.

Iran Will Not Stop Enriching Uranium to 20 Percent; Plans to Construct Two More Nuclear Reactors

Sun, 27 May 2012 06:00:31 EDT

Iran will not compromise on the West's demand to stop enriching Uranium to 20 percent, said Fereydoon Abbasi Davani head of Iran's Atomic Energy Organization.

Liverpool Manager News: Reds Approach van Gaal as Martinez Decision Nears

Sun, 27 May 2012 04:47:06 EDT

Liverpool chiefs have spoken to Louis van Gaal as Wigan get ready to hold a press conference on Tuesday where Roberto Martinez will announce his decision.

Euro 2012 Friendly Round-Up: England and Spain Register Wins, Germany and Holland Lose

Sun, 27 May 2012 02:05:30 EDT

Roy Hodgson began his reign as the England boss with a win over Norway thanks to Ashley Young's goal.

Indian-Origin Boy In Germany Solves Newton’s 350-Year-Old Math Problem

Sun, 27 May 2012 01:49:46 EDT

Shouryya Ray's solutions will now help scientists to calculate the flight path of a thrown ball and also it will help them to predict how it will strike and bounce off a wall

French Open 2012: Watch Live Stream Online Of Day One At Roland Garros, Plus Preview

Sun, 27 May 2012 01:41:43 EDT

Where to watch live coverage of day one of the French Open, plus a look at the matches to watch out for.

Greek Pro-Bailout Party Regains Lead Over Anti-Bailout Party: Polls

Sat, 26 May 2012 23:51:59 EDT

Greece's conservatives have regained an opinion-poll lead that could foreshadow the formation of a pro-bailout government committed to keeping the country in the euro zone, a batch of new surveys showed on Saturday.

French back Hollande's first days in power - poll

Sat, 26 May 2012 16:35:02 EDT

Close to two thirds of French people approve of President Francois Hollande's actions in his first days in power, a poll showed on Saturday, giving him a strong foundation to face a parliamentary election and the challenges of the euro crisis.

GCC: Can The Arab Gulf States Form A Political And Economic Union To Rival The EU And Shut Out Iran?

Sat, 26 May 2012 13:30:59 EDT

The contemplated union of Saudi Arabia and Bahrain forms only one part of a potentially much wider alliance -- the political, military and economic integration of the Gulf Cooperation Council (GCC), which comprise Saudi Arabia, Bahrain, Kuwait, Qatar, the United Arab Emirates (UAE) and Oman.

Tax could cost UBS up to 10 percent of Europe assets

Sat, 26 May 2012 07:42:02 EDT

UBS AG could see up to 10 percent of its European assets of 300 billion Swiss francs (199.52 billion pounds) moved out due to pressure to clamp down on untaxed accounts, the head of the wealth management business was quoted as saying on Saturday.

Manchester United's Kagawa Bid Rejected by Dortmund - Report

Sat, 26 May 2012 04:49:34 EDT

United had increased their initial offer for the Japan international to £12.8mn but Dortmund is holding out for around £16mn.

Earliest Musical Instrument Discovered

Sat, 26 May 2012 00:30:00 EDT

Researchers from Oxford University and Tübingen University discover a flute that dates back 42,000 to 43,000 years.

Summer of discontent beckons

Fri, 25 May 2012 18:42:02 EDT

The late spring warmth spreading across Europe and the United States is unlikely to soothe a growing anxiety in financial markets that the global outlook is anything but balmy.

US Stocks - Time To 'Sell In May And Go Away'?

Fri, 25 May 2012 17:37:15 EDT

You can't blame investors for feeling a bit squeamish regarding deploying new money in the U.S. stock market these days, with the Dow Jones Industrial Average’s (DJIA) recent slide from 13,300 to 12,450 unnerving even the most experienced institutional investors. Where’s the market headed in the next six months?.

Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

Fri, 25 May 2012 14:50:04 EDT

The dollar is headed into the long weekend near the top of its recent ranges against the majority of its peers. Risk aversion has continued to support the USD in its role as "safe-haven" asset with the ongoing fears that the Eurozone remains on shaky ground. Meanwhile, the outlook for the US economy continues to improve with consumer confidence far surpassing expectations. U.

Who Is Brett Kimberlin? Meet The 'Speedway Bomber' Turned 'Liberal Activist'

Fri, 25 May 2012 13:32:32 EDT

Brett Kimberlin, also known as the "Speedway Bomber," is the infamous male who set an Indiana town ablaze with a series of coordinated bombings in 1978. The man behind the madness was also convicted of thirty three additional crimes, including illegal use of a Department of Defense insigni...

European Consumers Are Confident: Reports

Fri, 25 May 2012 12:16:04 EDT

European consumers, at least those in the continent's two biggest economies, are confident despite the euro zone's sovereign debt crisis, according to two reports released Friday.

The Energy Report - $85 or Bottom!!!!

Fri, 25 May 2012 11:56:29 EDT

Ok, I know it was just two weeks ago when I wrote $100 or go bust and last Friday when I wrote $90 or go bust but now I am saying that crude could be ending its epic slide. That is as long as $85 holds. You see in was just three weeks ago when oil was solidly above $100 a barrel.

Euro Zone Outlook Murky

Fri, 25 May 2012 10:59:04 EDT

While the European Economic Summit failed to provide any earth-shattering revelations this week, the topic of joint euro area bonds has re-emerged and seems to be garnering support with many political leaders.

Iran Closer To Nuclear Weapons-Grade Uranium, UN Atomic Agency Says

Fri, 25 May 2012 10:55:48 EDT

The U.N.'s International Atomic Energy Agency has found evidence of uranium enriched up to levels closer to the threshold needed for developing nuclear warheads at an underground Iranian facility.

Pre-Opening Soy Complex Market Report

Fri, 25 May 2012 09:31:16 EDT

July soybeans were trading 2 1/2 cents higher near 7:30 cst. China futures were unchanged overnight and Palm oil futures in Malaysia closed 2% higher. Hong Kong shares finished marginally higher last night but that market still saw losses for the week. Mainland China stocks were down for the 3rd straight session, despite some strength in Chinese railway stocks.

Morning Silver Market Report

Fri, 25 May 2012 09:18:53 EDT

The silver market was showing marginal gains early this morning but US stocks were showing signs of giving up their initial gains and the news flow from Europe wasn't particularly beneficial to the bull camp in silver.

Morning Gold Market Report

Fri, 25 May 2012 09:17:39 EDT

At least in the early going today, it would seem like anxiety toward the Greek situation remains in place, but it has been moderated by somewhat up beat French and German Consumer confidence readings.

Analysis: Greeks not alone in bank savings exodus

Fri, 25 May 2012 08:28:02 EDT

Greek savers may be gripped by a "great fear that could develop into panic" in the words of President Karolos Papoulias, but many Greeks shifted their money to safer havens in Britain, Switzerland, Germany and Nordic countries long ago.

Analysis- Greeks not alone in bank savings exodus

Fri, 25 May 2012 08:28:02 EDT

Pre-Market Movers (Frontline, EMC Corporation, Deutsche Bank, SAP, Carnival Corporation, Wells Fargo & Company and BHP Billiton Limited)

Fri, 25 May 2012 06:32:38 EDT

The companies whose shares are moving in pre-market trade Friday are: Frontline Ltd, EMC Corporation, Deutsche Bank AG, SAP AG, Carnival Corporation, Wells Fargo & Company and BHP Billiton Limited.

After Greece Exits The Euro, What's Next? An Illustrated Guide To 5 Possible Scenarios

Fri, 25 May 2012 05:52:02 EDT

Moving swiftly from the realm of tin foil-hat conspiracy to a bullet point being openly talked about as a fait accompli by international financiers, an exit by Greece from the European common currency dominated conversation this week. But what would actually happen if Greece left the euro?.

Airbus Finalises A330P2F Conversion Programme with EADS EFW and ST Aerospace

Fri, 25 May 2012 04:21:13 EDT

While ST Aerospace leads the engineering development work in collaboration with Airbus and EADS EFW, EADS EFW will lead the industrial phase.

Brent steady at $106 as economy worry lingers

Fri, 25 May 2012 03:42:20 EDT

Brent crude futures held steady at $106 a barrel on Friday, but was on track for a fourth weekly loss and the longest losing streak since early 2010, as investors were jittery over signs of slowing global economic growth blunting oil demand.

Markets Little Change Despite Big Chunk of Eco Data

Fri, 25 May 2012 03:36:25 EDT

It was a busy day in terms of dataflow and meetings among policymakers. Yet, investors appeared tired of receiving disappointing macroeconomic indicators and ambivalent messages from the Eurozone leaders. Financial markets waxed and waned with the DJIA and the S&P 500 gaining +0.27% and +0.14% respectively.

Majors Daily Forecast 25 May 2012

Fri, 25 May 2012 03:35:02 EDT

EUR/USD Buy at 1.2519 SL 1.2487 TP 1.2596 USD/JPY Sell at 79.81 SL 80.13 TP 79.09 GBP/USD Buy at 1.5647 SL 1.5615 TP 1.5735 USD/CHF Sell at 0.9605 SL 0.9637 TP 0.9521 today so far +41, total yesterday +163 pips.

Liverpool Manager News: Reds' Star Endorses Van Gaal Appointment

Fri, 25 May 2012 03:33:15 EDT

Dirk Kuyt believes Louis van Gaal's experience would be a major asset to the club if he were to be appointed as either the manger or the sporting director at Anfield.

EU Morning Report- Euro remains under pressure

Fri, 25 May 2012 03:28:02 EDT

The euro (EUR) dropped to a two year low falling to 1.2515 from 1.2619 against the US dollar as uncertainty in the market grows. The single currency is under pressure as investors are worried about a problematic banking sector in the eurozone and a messy Greek exit from the euro. Economic figures .

Arsenal Table Player-Swap Offer for Ligue 1 Top Scorer - Report

Fri, 25 May 2012 03:06:55 EDT

The north London club have opened the bidding for the French hitman, by offering £6.5mn plus the services of Marouane Chamakh.

Manchester United Launch Bid for Japanese Midfielder - Report

Fri, 25 May 2012 01:35:40 EDT

Manchester United have reportedly launched a £13.6 million bid for Borussia Dortmund midfielder Shinji Kagawa, according to a Goal.com report.

Asian Markets Fall On China And Euro Zone Concerns

Fri, 25 May 2012 00:59:45 EDT

Asian markets fell Friday on increasing concerns about China’s economic slowdown and Greece exiting the euro zone.

EUR/USD Slows Downtrend, Holding Above 1.25 For Now

Fri, 25 May 2012 00:42:01 EDT

On Thursday Euro/Dollar traded within 115 pip range. The European currency appreciated from 1.2514 to 1.2620 yesterday, not matching the negative money flow sentiment at around -14%, closing the day at 1.2530. This morning the Euro is trading quietly, with movements at the lower end of yesterday's range for now.

Asian shares fall to 2012 lows as Europe worries weigh

Thu, 24 May 2012 23:49:02 EDT

Asian shares fell to their lowest levels of the year on Friday as early bargain hunting gave way to worries about Europe's raging debt crisis and weak global growth.

Asia shares fall to 2012 lows as Europe worries weigh

Thu, 24 May 2012 23:42:03 EDT

Asian shares fell to their lowest levels of the year on Friday as early bargain hunting gave way to worries about Europe's raging debt crisis and weak global growth.

Global Asia shares fall to 2012 lows as Europe worries weigh

Thu, 24 May 2012 23:28:02 EDT

Asian shares fell to their lowest levels of the year on Friday as early bargain hunting gave way to worries about Europe's raging debt crisis and weak global growth.

Europe slowdown adds more tension to Greek drama

Thu, 24 May 2012 22:21:03 EDT

Europe's economic slowdown has hit the engine-room of the euro zone, including Germany, gloomy new indicators have revealed, adding urgency to the region's struggle to keep Greece's debt crisis from tearing the single currency apart.

Asian Shares Inch Higher, Capped By Europe Fears

Thu, 24 May 2012 20:42:02 EDT

Asian shares inched higher on Friday, helped by a slight uptick in U.S. shares overnight that encouraged investors to return cautiously to buy up bargains after recent slides, but weak global data and Europe's fiscal woes limited the gains.

Japan: Still the World's Top Creditor Nation for 21 Years

Thu, 24 May 2012 19:58:03 EDT

Japan has retained its position as the world's top creditor nation in 2011, a title it has held on to for the past 21 years.

'All Taste, No Nourishment', Euro Leaders Dinner Fails to Inspire

Thu, 24 May 2012 19:54:00 EDT

Despite solid gains from European indices and mild support for U.S stocks, the overall theme of negativity continued to hold risk assets at bay overnight with intermittent periods of strength quickly overcome, with European drama's remaining the key directive.

Australian Dollar Outlook - 05/25/2012

Thu, 24 May 2012 19:48:08 EDT

Bell FX Currency Outlook: With worries a Greek exit would deepen the euro zone debt crisis and risk aversion continuing to mount this week, the Australian Dollar has continued track new lows.

Global stocks eke out gains, euro falls

Thu, 24 May 2012 19:35:02 EDT

Global stocks eked out gains on Thursday while the euro fell as data suggested Europe's debt woes were spreading and worsening a global economic slowdown, adding to investor concerns about Greece's possible exit from the euro zone.

Daily Forex Forecast 05/25/2012

Thu, 24 May 2012 19:23:49 EDT

Whilst troubles in Europe continued to escalate overnight the Australian dollar has decided enough is enough for now and has remained in range-bound consolidation mode. I

Uranium Is a Deep-Value Sector: Alka Singh

Thu, 24 May 2012 16:49:04 EDT

Having just founded her own research company, Mine2Capital, Alka Singh has her sights set on the uranium sector, where she sees deep values in a beaten-down industry. With two major catalysts likely to boost spot prices, M&A activity afoot, new mines coming into production and new companies coming to market, well-positioned investors stand to benefit from what just may be a coming boom.

Stocks eke out gains, euro falls

Thu, 24 May 2012 16:49:03 EDT