Economic Crisis
Daily News and Updates

Sunday - September 30, 2012:

  1. Food prices in Britain soar to twice the EU average

Saturday - September 29, 2012:

  1. France unveils 'harshest budget in 30 years'
  2. Size of Spanish aid for banks to be determined in coming months
  3. Spain to announce $30bn worth of cuts and tax rises
  4. Japanese banks stake $6 billion on electronics bailouts

Friday - September 28, 2012:

  1. Britain in the red by record £20.8bn
  2. Euro zone economic outlook darkens with fall in confidence
  3. Eurozone hawks deal blow to bank bailout plans
  4. Fewer US CEOs planning to expand, hire

Thursday - September 27, 2012:

  1. Europe Markets Choke as Greece and Spain Flounder
  2. Exclusive: IMF, EU clash over Greece's bailout prospects
  3. Athens descends into violence as 200,000 march against austerity
  4. Spaniards rage against austerity near Parliament
  5. Worldwide pork shortage looms, industry group says

Wednesday - September 26, 2012:

  1. Europe must take deep breath and enact reforms Merkel

Tuesday - September 25, 2012:

  1. G20 deputies say central bank fix not enough for ailing economy
  2. IMF Prepares to Lower Global Growth Forecast

Monday - September 24, 2012:

  1. Euro zone to boost bailout fund firepower to 2 trillion euros report
  2. America's hidden unemployed too discouraged to count
  3. Pig cull forces up price of bacon

Sunday - September 23, 2012:

  1. Spain bailout fears rattle eurozone again
  2. States see more poverty among children, unemployed
  3. Rpt: More than 200 coal-fired generators slated for shutdown

Saturday - September 22, 2012:

  1. UK government borrowing rises to record August high
  2. NJ's monthly jobless rate nears 10 percent

Friday - September 21, 2012:

  1. China's manufacturing sector shrinks for 11th consecutive month
  2. EU budget hurdles mount
  3. Portugal in crisis after 1 million say No to austerity
  4. Greece sells foreign ministry buildings
  5. Factory, jobless claims reports signal weakness
  6. Leading economic indicator dips in August
  7. Bank of America to Cut 16,000 Jobs by Year-End Report
  8. Closing coal mines has serious consequences

Thursday - September 20, 2012:

  1. Bank of Japan Following Global Trend for Looser Monetary Policy, Gold Seen Breaching $1800 in Q4
  2. Prepare for New 'Currency Wars' After QE3: Analyst
  3. Russia's Giant Diamond Mine Could Collapse the Global Diamond Market
  4. Greece GDP to shrink by 25 percent

Wednesday - September 19, 2012:

  1. EU clears €1 billion to Ireland
  2. New ECB powers: the buck stops where?

Tuesday - September 18, 2012:

    Nothing to report this morning.

Monday - September 17, 2012:

    Nothing to report this morning.

Sunday - September 16, 2012:

    Nothing to report this morning.

Saturday - September 15, 2012:

  1. New round of quantitative easing biggest yet?
  2. Egan Jones Downgrades US From AA To AA-
  3. Dutch Elections And Constitutional Decision In Germany Cheer EU
  4. Greek coalition in dispute over cutting 50,000 jobs
  5. Oil approaches $100 in New York on Fed stimulus, Mideast unrest

Friday - September 14, 2012:

    Nothing to report this morning.

Thursday - September 13, 2012:

  1. Banking union leak points to sweeping powers for ECB
  2. ECB to become bank union supremo
  3. Moody's set to downgrade US without budget deal
  4. Great Recession still slamming the middle class
  5. Household income drops for 4th straight year
  6. Nokia Siemens Networks to begin job cutting in Finland
  7. Philips steps up cost cuts and job losses

Wednesday - September 12, 2012:

  1. Roubini sees 'perfect storm' of risks for global economy

Tuesday - September 11, 2012:

  1. Spain breaks world record in unemployment

Monday - September 10, 2012:

  1. China factory growth slips, government spending eyed
  2. Euro zone enters dangerous week buoyed by ECB
  3. Jobs rut tips scales in favor of Fed stimulus

Sunday - September 9, 2012:

  1. Analysis: Military spending cuts squeeze suppliers - CEOs
  2. China, Russia sound alarm on world economy at APEC summit
  3. Job growth cools, posing challenge for Obama, Fed

Saturday - September 8, 2012:

  1. EU commission ready to supervise countries helped by ECB
  2. EU faces 'lost generation' of almost 8 million young people
  3. UK: House prices won't start rising again for 18 months
  4. Job growth cools, posing challenge for Obama, Fed

Friday - September 7, 2012:

  1. Eurozone crisis: ECB overrules German opposition to introduce unlimited bond-buying programme
  2. ECB keeps interest rate at 0.75%
  3. Depression, Suicides Rise as Euro Debt Crisis Intensifies
  4. 17.9M U.S. families struggle to buy food

Thursday - September 6, 2012:

  1. Euro rises on report of ECB plan to buy unlimited debt
  2. Odds of Global Recession Are 100% Marc Faber

Wednesday - September 5, 2012:

  1. Moody's threatens to slash EU's 'Aaa' credit rating
  2. Latest food price rise of 3% is just for starters
  3. Manufacturing another headache for U.S. economy

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