Forex Magnum



News


Europe gets EM Ultimatum as G20 Meet

Autore: Dean Popplewell for Oanda




European leaders are under pressure at the Group of 20 summit in Mexico to stamp out the debt crisis as global partners hint at help to keep the world economy afloat.

As elections in Greece reduced the immediate risk of the euro area’s breakup, China and Indonesia signaled growing exasperation with more than two years of European crisis- fighting that has failed to stem the threat of global contagion. World Bank President Robert Zoellick said that policy makers bungled their attempt to rescue Spain’s banks.

“I hope that one way or another our European colleagues will reach an agreement on rigorous methods to manage the crisis,” Indonesian President Susilo Bambang Yudhoyono, who heads Southeast Asia’s biggest economy, said in a speech in the Mexican resort of Los Cabos yesterday. “The absence of such methods will have unsettling consequences to all of us.”

The two-day G-20 summit starting today kicks off a week of crisis meetings taking place after Spain this month became the fourth euro-region nation to seek a bailout amid the weakest global economy since the 2009 recession.

G-20 officials at Los Cabos were still negotiating last night the language to be used in their communique to be issued at the summit’s conclusion. The talks included discussions over ways to stimulate the world economy if needed using language similar to pledges made at Cannes, France last year, a Canadian official said on condition they not be named because they’re not authorized to be publicly identified.

Bloomberg


Analisti

Sei un Analista Tecnico Indipendente Professionista del mercato FOREX? Registrati anche tu nella comunità ed elabora insieme a noi strategie automatiche di successo! Dettagli


Programmatori

Sai programmare in MQL o usare il MetaTrading? Registrati e contribuisci alla programmazione di trading system, script e indicatori per MetaTrader. Dettagli


Traders

Ti piace il Trading? Vieni in Trading Room a Cosenza, guarda le analisi tecniche real time dei nostri indicatori e decidi quando entrare nel mercato. Corsi base ed avanzati. Dettagli








Non esistono ancora Commenti per questa news.

Archivio News

Pagina:

1 2 3 4 5 > >>

Will Slovenia Be The Next to Ask for a Bailout?


Euro Zone Unemployment Hits Record High


Irish Get Seismic Shift on Banking Deadlock


EU Leaders Agreed on Bank Recapitalisation


US Q1 Final GDP Unrevised


UK Economy Shrank in Q4 More Than Estimated


Japan Lower House passes tax, so/sec reform bills, majority


UK Has a Larger Budget Deficit Than Forecast


Extension of Twist a threat to bond trading


UK Retail Sales Rises in May


UK Retail Sales Rise in May


UK unemployment rate decreased in Q1


Spain in the spotlight, Merkel under G20 Pressure


Europe gets EM Ultimatum as G20 Meet


Samaras Attempts To Build A Coalition Government


Spanish Bond Yields Print Currency Bloc High


Euro Zone Production Contracted in April


Spanish yields up on bailout doubts


Italy too may need bailout


US Wealth Fell -38.8% in ’07-’10 on Housing


Spain First, Now Eurobonds?


UK’s Services Growth Sheds Doubts on BoE Stimulus


German Industrial Output Decreased in April


Spain Seeks Aid For Banks


Unemployment in The Euro Zone Remains High

Pagina:

1 2 3 4 5 > >>