Irish debt gets downgrad, Greece receives multi billion dollar euro IMF loan and other Economy news
The economy news of 2010-12-18 on Tamugaia - Irish debt gets downgrade from Moodys, and Greece receives multi billion dollar euro IMF loan.
Irish debt gets downgrade from Moodys -
Ratings agency Moody’s gave a resounding thumbs-down on Friday, Dec 17 to Europe’s efforts to resolve a rolling debt crisis, slashing Ireland’s credit rating by five notches d...
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Greece receives multi billion dollar euro IMF loan -
The International Monetary Fund has released a 2.5-billion-euro loan to Greece....
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Fisker Automotive will sell its electric cars in China -
Fisker Automotive is to be allowed to sell its Electric Cars in China....
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UBS bank insists on staff dress code -
The Swiss banking giant UBS has insisted that staff adhere to a strict code that covers all clothing and also gives dietary tips....
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Daily Analysis 16.12.2010 -
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Daily Analysis 15.12.2010 -
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Daily Analysis 14.12.2010 -
Yesterday loss US Dollar against most of the major currencies...
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USD/JPY Weekly Outlook -
USD/JPY rose to as high as 84.49 last week but failed to sustain above 84.39 resistance on multiple attempt. Retreat from 84.49 dragged 4 hours MACD below signal line and turn intraday bias neutral. Some s...
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USD/CHF Weekly Outlook -
Judging from the choppy price actions after initial fall last week, a short term bottom might be formed at 0.9557 already. Initial bias is neutral this week and some consolidations would be seen above 0.95...
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Trade Idea Wrap-up: EUR/USD – Sell at 1.3280 -
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China reveals aircraft carrier plans -
Beijing has confirmed for the first time that it is preparing to build an aircraft carrier, a move set to heighten international concerns over the rapid expansion of its naval power...
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Afghan war strategy fuels rival narratives -
The war in Afghanistan has entered its 10th year but is only just getting started. That, at least, is the view of the optimists among military officers stationed in Kabul...
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EU hesitates on expanding bail-out fund -
European heads of government vow that the eurozone’s bail-out fund will always have enough financial wherewithal to rescue any faltering country...
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Oil deal boosts Lukashenko election hopes -
Alexander Lukashenko, often referred to as Europe’s last dictator, has clung to power in Belarus since 1994. His rule looks set to continue after Sunday’s presidential vote...
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Tax-cut law removes threat of higher rates -
The $858bn tax bill signed by Barack Obama relieves the US economy of the danger of taxes going up for all individuals and some businesses, closing months of political wrangling...
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Tax-News.com: Congress Passes Tax Cut Package -
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Tax-News.com: Hong Kong Welcomes Another Ratings Upgrade -
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Tax-News.com: DIFC Cuts Business Costs -
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Tax-News.com: ATO Accepts Student Deduction Ruling -
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US Dollar to Rise on Risk Aversion, Unwinding of QE-Linked Positions -
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Gold to Extend Losses as Profit-Taking Continues into Year-End -
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Forex Weekly Trading Forecast - 12.20.2010 -
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Forex: US Dollar Sticks to Range Despite Impressive Leading Indicators Report -
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New Zealand Dollar Could Sink Further on Declining GDP -
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