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Showing 101 - 110 of 232 results for "Portugal"

Plan 5 and counting

BENJAMIN ONG  |  MONDAY, 12 DEC 2011
... recession in the eurozone as a whole in 2012. Currently, we expect output to decline next year in countries such as Spain, Portugal and Greece, but we now assign a 40% probability of a fall in output for the eurozone as a whole. British Prime Minister ...

Market Wrap - Morning

AAP  |  FRIDAY, 25 NOV 2011
... another fresh sign that all was not well among the eurozone's peripheral nations, Fitch cut its rating on bailed-out Portugal to junk-bond status at BB+, blaming its high level of debt and weak economic outlook. HONG KONG - Asian shares were mixed as ...

Nothing new

BENJAMIN ONG  |  FRIDAY, 25 NOV 2011
... plan (again) - changes to EU treaties - before the 9 December summit (oh yes siree, you read right... another summit). Portugal is now junk in Fitch Ratings books. So what else is new? Speaking of downgrades, Standard & Poor's warned yesterday that it ...

Market Wrap- Morning

AAP  |  FRIDAY, 18 NOV 2011
... that the contagion effects on US banks were "potentially large" if the crisis spreads beyond Greece, Ireland, Italy, Portugal, and Spain. It pointed to the risks in France, where banks are being weakened by their own eurozone exposure, while Paris is ...

Market Wrap - Morning

AAP  |  MONDAY, 14 NOV 2011
... boost to confidence also came when Greece's new unity government was sworn in to ratify the crucial EU bailout, and in Portugal, lawmakers gave preliminary approval to the government's 2012 austerity budget. An across-the-board rise in the 30 Dow blue ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 NOV 2011
... spiked above seven per cent, evidence that investors are losing faith in the country's ability to repay its debt. Greece, Portugal and Ireland required bailouts when their bond yields rose above the same mark. Unlike those countries, Italy's $US2.6 trillion ...

Arrivederci Berlusconi Ciao

BENJAMIN ONG  |  WEDNESDAY, 9 NOV 2011
... uncomfortably close to the 7% bailout mark. According to RBC, "Shortly after hitting this particular benchmark, Ireland and Portugal found themselves requesting a bail out." At present count, the Italian government is indebted to the tune of a,-1.3 trillion. ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 NOV 2011
... to seven per cent Tuesday, a sign that markets are questioning the country's ability to pay its debt. Unlike Greece, Portugal or Ireland - all of which received financial lifelines - Italy has too much debt to be rescued by its European neighbours. US ...

Derivatives broker MF Global in administration

RACHEL DAVIS  |  TUESDAY, 1 NOV 2011
... were reported. As of last week, MF Global had a net exposure of $US6.29 billion in debt issued by Italy, Spain, Belgium, Portugal and Ireland. $US1.37 billion was from Portugal and Ireland. According to the bankruptcy filing, MF Global has 25,000-50,000 ...

Disagreeing to agree

BENJAMIN ONG  |  THURSDAY, 20 OCT 2011
... Greece's debt by 50% and you'll have all the other PIGIs going wee wee wee all the way home. What would stop Ireland or Portugal or Spain or Italy from asking for the same debt reduction? They'll ask to have what Greece was given. The problem is the ...