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| | | ... four per cent on Monday, with bank stocks hit particularly hard by acute tension over the risk of recession in leading economies and over eurozone debt. London's FTSE 100 index of leading companies dropped 3.58 per cent to 5,102.58 points. In Paris ... |
| | | | ... average, in advanced countries." But what do developed countries do when their balance sheets are painted red and their economies aren't growing fast enough to generate the much needed tax revenue to help pay down this debt? Lagarde isn't sure either. ... |
| | | | ... despite the frenzy for more debt as governments scrambled last year to borrow more money to bail out their nation's economies that the total outstanding value of bonds only grew 5%. Seventy per cent of this global bond market is held as domestic bonds ... |
| | | | ... their wallets almost immediately, which reminds us why Australia is known around the planet as one of the most reactive economies to monetary policy changes. Returning to problems state-side, distressed house sales make up an estimated 30% of all residential ... |
| | | | ... there had been increased client demand for emerging economy exposure. "We believe over the longer term, emerging market economies will become developed and we think they will become an increasingly important part of investors' asset allocation," she ... |
| | | | ... as a safer investment because they would be backed all 17 eurozone member countries including the stronger European economies of Germany and France. The bonds would provide a source of finance for the debt-laden countries such as Greece, Portugal and ... |
| | | | ... function of systemically rising food and energy prices coinciding with very weak fiscal positions in most of the developed economies. Neither of those are likely to change soon," said Elstone in the media briefing. However, Elstone said the average measures ... |
| | | | ... instead of spend - it would reduce aggregate demand, reduce consumption and slow overall growth. JMK did not envision most economies saving instead of spending but methinks the implications will be similar and the on a broader scale. So really, I can't ... |
| | | | ... Private Wealth associate director Lucinda Chan said the worry on the market was the prospect of weak US and European economies hitting Australia's key export markets in Asia. "It is all about us being interconnected in so many different ways these days," ... |
| | | | ... data and a warning from the head of the European Commission that the eurozone debt crisis had likely spread to other economies. Tokyo tumbled 3.72 per cent, or 359.30 points, to close at 9,299.88 while Hong Kong plummeted 4.29 per cent, or 938.60 points ... |
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