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As the Irish banks are due to be rescued with up to 100,000 million euros in bailout funds, economists, investors and financial experts are turning their eyes on Portugal and Spain, asking “Who’s next?”
An article in the Independent...
Irish Prime Minister Brian Cowen confirmed Sunday that his country requested financial assistance, which has received the approval of European Union Finance Ministers as well as the IMF (International Monetary Fund).
Didier Reynders, Belgium Finance Minister...
The public debt crisis sweeping the European Union could be moving into decisive moments. The British governement controlled RBS (Royal Bank of Scotland) is betting on a bailout for Ireland in less than 15 days and another for Portugal before the end...
For Argentineans currently watching Greece’s humiliating fall from fiscal grace there will be a distinct feeling of déjà-vu. Many will be excused if they are seen to be wearing their ‘Been There, Done That’ t-shirts. They will cast their minds...
Spain follows Greece’s footsteps into a severe debt crisis as Standard and Poor’s rating agency cut Spain’s debt rating following a possible further deterioration of Spain’s budgetary position.
Spain’s long-term sovereign...
According to a report by Reuters, the United Arab Emirates’ foreign minister said
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Barack Obama, President of the United States of America, has said that the unspent funds
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Switzerland’s biggest bank, UBS announced Wednesday
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The International Monetary Fund announced Thursday it had granted Serbia
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The federal government allegedly agreed Sunday night to provide an additional $30 billion in taxpayer money
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