Monthly Archives: September 2012

Italy is Unraveling

The markets are understandably riveted by the drama at the ECB, but more significant for the future may be the continued unraveling in Italy, the third largest economy in the Eurozone and next in line after Spain at the bailout … Continue reading

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Moody’s changes Euro Zone rating outlook to negative

Moody’s Investors Service has changed its outlook on the Aaa rating of the European Union to “negative,” warning it might downgrade the bloc if it decides to cut the ratings on the EU’s four biggest budget backers: Germany, France, the … Continue reading

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US Companies brace for Greek Euro exit

Even as Greece desperately tries to avoid defaulting on its debt, American companies are preparing for what was once unthinkable: that Greece could soon be forced to leave the euro zone. http://www.nytimes.com/2012/09/03/business/economy/us-companies-prepare-in-case-greece-exits-euro.html?_r=1&ref=todayspaper

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