IMF calls on developed nations to cut deficit at 8.75% of GDP

Friday, May 14th, 2010 2,037 views

The IMF (International Monetary Fund) today called on developed countries to reduce its deficit at 8.75 percentage points of GDP (Gross Domestic Product) in the next decade, so that the debt falls to 60% of GDP, despite economic recovery have increased tax revenues. As a group, the debts of rich ...

U.S. fiscal deficit goes to U.S. $ 82.69 billion in April

Wednesday, May 12th, 2010 1,998 views

The United States registered a budget deficit of $ 82.69 billion in April, a figure nearly four times larger than the deficit recorded in the same period of 2009 and the highest for the month of the entire series, said the Treasury Department on Wednesday, fair.

U.S. have increased in April to create jobs in four years

Friday, May 7th, 2010 1,901 views

WASHINGTON - The U.S. economy created 290,000 new jobs in April, the biggest increase since March 2006, which followed a rise of 230,000 jobs in March - a revised elevation of 162 000. The data was released by the Department of Labor. Economists polled by Dow Jones had expected an ...

Germany’s financial sector will contribute about € 8 billion to Greece

Friday, May 7th, 2010 2,176 views

BERLIN - A voluntary contribution of financial institutions in Germany for aid to Greece with the financial crisis will be more than 8 billion euros and will include the maintenance of credit lines and holding of bonds by three years, according to a spokesman for the German Ministry of Finance ...

Europe shares fall on uncertainty in the UK and Greece

Friday, May 7th, 2010 1,351 views

European markets suffered falls in various sectors in the early hours of Friday, but recovered slightly during the morning, amid fears about the crisis in Greece and the uncertainty about the future of the UK government. The FTSE 100 index of London Stock Exchange fell 1% in early trading - ...

Agencies keep notes of debt ratings in the UK

Friday, May 7th, 2010 1,766 views

Two of the biggest global financial ratings agencies, Standard & Poor's and Moody's, confirmed on Friday the outstanding debt notes from the UK, despite the uncertainty after legislative elections did not give rise to an absolute majority.

Authorities struggling to contain Greek market crisis

Friday, May 7th, 2010 1,324 views

The relatively small economy of Greece impacts the whole world on Friday as investors worried about the possibility of other European countries facing a debt crisis similar.The ministers of the G7 group of seven major world economies, have said they will discuss the Greek situation on Friday after Federal Reserve ...

NY collapse of stock markets may have been human error; Nasdaq cancels operations

Friday, May 7th, 2010 1,495 views

On the day that global markets have come to plummet with the fear of contamination of the crisis in Greece, the Nasdaq (comprising shares in the technology sector) said it would cancel all operations performed between 14h40 and 15h (local time) this Thursday, ranging from high or low than 60% ...

Great Depression In The Stock Markets

Thursday, May 6th, 2010 1,202 views

Today (may 06 2010) is a atypical in the stock market history. The Dow Jones is eating all the stop loss orders and is breaking near its 10 000 points to down. Yesterday the dow was in its 10900, today is this tragedy. It seems that the problem with the ...

US Administration Campaign to Help Borrowers

Friday, January 22nd, 2010 1,713 views

The U.S. Department of Housing and Urban Development (HUD) and the Department of the Treasury released an update on the Administration's nationwide campaign to help (yes, to help) borrowers in the trial phase of their modified mortgages convert to permanent modifications under the Home Affordable Modification Program (HAMP).