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EU OKs new financial supervision deal

European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees. See more here: EU OKs new financial supervision deal See original here: EU OKs new financial supervision deal Read more here: EU OKs new financial supervision deal Call or visit our website to speak to a bankruptcy attorney or learn more about filing for bankruptcy .

Also tagged banking-system, call-or-visit, create-new, european-union, government, the-government, tuesday, vancouver

2010 09 07 Baxter & Baxter, LLP Uncategorized Comments Off

Experts see trouble ahead for developed world (AP)

AP – Is the global economy out of the woods?

Also tagged economy-out, equity-markets, europe, europeans, outlook, photo, united, woods

2010 09 03 Baxter & Baxter, LLP Uncategorized Comments Off

Euro zone economic sentiment rises to 28-month high (Reuters)

Reuters – Euro zone economic sentiment rose strongly in July, buoyed by figures from Germany that point to a recovery as the currency area overcomes the sovereign debt crisis, but the outlook remains uncertain.

Also tagged area-overcomes, business, currency, outlook, outlook-remains, overcomes-the-sovereign, sentiment-rose, sovereign, the-sovereign, zone-economic

2010 07 29 Baxter & Baxter, LLP Uncategorized Comments Off

Investors find some reassurance in Europe’s bank tests (Reuters)

Reuters – Investors took some reassurance that European banks had passed “stress tests” on their ability to deal with a debt crisis, prompting European stock futures prices to rise on Monday.

Also tagged ability, business, european, investors, rise-on-monday, stock-futures, stress-tests, their-ability, took-some

2010 07 25 Baxter & Baxter, LLP Uncategorized Comments Off

Quarterly economic forecast takes a turn for the worse

More than eight in 10 economists surveyed have downgraded their economic outlook amid the European debt crisis and a flurry of negative reports. … Go here to see the original: Quarterly economic forecast takes a turn for the worse

Also tagged amid-the-european, economic, economic-forecast, economists-surveyed, european, the-worse, their-economic

2010 07 25 Baxter & Baxter, LLP Uncategorized Comments Off

Debt-laden Dubai World tries to win over creditors (AP)

AP – Dubai World formally presented its $23.5 billion restructuring plan to scores of creditor banks Thursday as it seeks closure to its months-old debt crisis, but made clear that wrangling over the deal could grind on for some time.

Also tagged 23-5-billion, creditor-banks, deal, dubai, dubai-world, formally-presented, its-months-old, over-the-deal, seeks-closure, the-deal, thursday, wrangling-over

2010 07 22 Baxter & Baxter, LLP Uncategorized Comments Off

Stress tests are debt-crisis hurdle for Europe (AP)

AP – It is billed as a moment of truth — but some fear an exercise in obfuscation. The results of European Union stress tests designed to uncover the depth of rot in the continent’s banking system come out later this week — and an accurate reading would go far to answer the key question of whether Europe’s debt crisis is finally over.

Also tagged accurate-reading, banking-system, come-out-later, depth, europe, key-question, stress-tests, the-continent

2010 07 19 Baxter & Baxter, LLP Uncategorized Comments Off

Google’s 2Q earnings rise 24 pct, but miss target (AP)

AP – Google Inc.’s second-quarter earnings missed analysts’ target as higher expenses and the fallout from the European debt crisis dragged down the Internet search leader.

Also tagged calif-google, dragged-down, earnings-missed, european, expenses, fallout, higher-expenses, internet, market, mountain, mountain-view, photo, reports-its, worker-rides

2010 07 15 Baxter & Baxter, LLP Uncategorized Comments Off

Fed paints weaker picture of growth and employment (AP)

AP – Federal Reserve officials have a slightly dimmer view of the economy than they did in April, reflecting worries about how the European debt crisis could affect U.S.

Also tagged business, economy, european, federal, federal-reserve, reflecting-worries, slightly-dimmer, the-economy

2010 07 14 Baxter & Baxter, LLP Uncategorized Comments Off

Moody’s downgrades Portugal; Greece raises $2.04 billion

Moody’s credit rating agency downgraded Portugal’s debt on Tuesday, casting fresh doubt on the country’s ability to weather its debt crisis as … More here: Moody’s downgrades Portugal; Greece raises $2.04 billion

Also tagged agency-downgraded, casting-fresh, credit-rating, debt-on-tuesday, portugal, the-country, tuesday

2010 07 13 Baxter & Baxter, LLP Uncategorized Comments Off

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