Tag Archives: country

Oil prices close up after Fed says they have the tools to stimulate the economy

The price of Oil rose after the Federal Reserve’s Chairman Ben Bernanke stated that growth in the economy will resume and that the central bank had the tools nessecary to stimulate the economy in the U.S.

Oil price fell by …

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Swiss franc gains on Euro and US dollar

The Swiss Franc continued to gain against the Euro on tuesday, pushing it closer to parity with the safe haven stock.

The Euro has been vulnerable following the financial crisis in Greece which some fear will spread into larger economies …

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Euro sinks on further debt concerns

The dollar strengthened against the Euro on monday after raised concerns regarding the debt crisis helped increase demand for the US dollar.

Attention has mainly been focused on problems coming out of Greece over the past while and investors now …

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Greece warned of employment crash by union leader

The head of Greece’s largest labor union announced on thursday that the Socialist governments planned austerity measures would cause an “employment crash” which would put the country’s jobless rate at record new lows.

On wednesday Greece agreed that they would …

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