Tag Archives: International Monetary Fund

Gold drops as Euro zone takes steps to contain spread of debt crisis

Posted on September 28, 2011 by Martin Timble

Gold feel by more than 2.2 percent today to mark the fifth time in six sessions that the precious metal has dropped. The latest selloff comes ahead of a meeting between a group of experts from the European Commission, European …

Posted in Commodities, Main Post | Tagged AAU, Almaden Minerals, AMEX AMEX:PZG, AMEX:AAU, AMEX:VGZ, Athens, debt, debt crisis, deficit, European Central Bank, european commission, experts, Gold, gold and silver, Greece, International Monetary Fund, investments, investors, members, Paramount Gold and Silver, parliment, precious metals, PZG, sector, spain and italy, VGZ, Vista Gold | Comments Off

Oil tanks on euro debt concerns and increased U.S. stockpiles

Posted on September 28, 2011 by pmarek

Oil has dropped by more than 3.4 percent today as crude supply’s rise in the U.S. and concerns that Europe’s debt crisis will not be done away with anytime soon weight on investors minds.

According to a weekly report by …

Posted in Commodities, Main Post | Tagged AMEX, AMEX:GST, AMEX:IMO, Analysts, Angela Merkel, Athens, bailout, barrels, Chancelor, commodities, concerns, crisis, crude, debt crisis, Energy Information Administration, Europe, European Central Bank, European Commision, funds, Gastar Exploration, Germany, Greece, GST, IMO, Imperial Oil, International Monetary Fund, investors, NYSE, NYSE:SU, Oil, oil and gas, sector, spread, stockpiles, SU, Suncor Energy, supply, WTI crude | Comments Off

Greece raises 812.5 million euros in short term loans

Posted on August 9, 2011 by pmarek

The Greek government announced today that they where able to raise 812.5 million euros earlier today from short term loans from financial markets. Those loans carry a lower interest rate that the money it raise during a similar debt sale …

Posted in Economy, Latest Headlines | Tagged auction, bailout, bills, debt sale, economies, euro zone, euroes, financial, financial crisis, Greece, interest, International Monetary Fund, Italy, leaders, loans, markets, monetary, Spain, treasury | Comments Off

Greece downgrade to one level above Default

Posted on July 25, 2011 by pmarek

Greece was handed more bad news on Monday after Moody’s Investors Service, a rating agency, cut the nations credit rating to one level above ‘default’.

The decision came only days after the country was bailed out for a second time …

Posted in Economy | Tagged bailout, credit rating, debt, euro, exchnage, Greece, International Monetary Fund, investors, Moody's, package, rescue, risk, secutiries | Comments Off

International Monetary Fund may withhold bailout funds from Greece

Posted on May 26, 2011 by pmarek

President of the Eurogroup of finance ministers, Jean-Claude Juncker, said on thursday that Greece will not reach its 2011 budget deficit goal and that the International Monetary Fund may withhold the next set of bailout funds set to bailout the …

Posted in Forex | Tagged bailout funds, BNY Mellon, budget, debt crisis, endorsements, euro zone, financial, Greece, International Monetary Fund, investors, sia, stability | Comments Off

Oil prices drop to 12 week low

Posted on May 17, 2011 by pmarek

Oil futures continued to slide on tuesday to their lowest point in 12 weeks as U.S. growth concern fears on weak housing data and its effect on oil demand. Light sweet crude for June delivery fell by another 46 cents …

Posted in Commodities, Energy, Latest Headlines, Main Post | Tagged debt, Dominique Strauss-Kahn, Energy, Europe, flooding, housing, International Monetary Fund, Light Sweet Crude, market, Mercantile Exchange, Natural Gas, New York, refiners, sovereign-debt | Comments Off

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