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Showing 111 - 120 of 236 results for "Portugal"

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 ...

Happily dreaming of the end

BENJAMIN ONG  |  THURSDAY, 13 OCT 2011

Market Wrap - Morning

AAP  |  TUESDAY, 11 OCT 2011
... from hopes that Europe will boost the capital of its banks suffering from the public debt crises in Greece, Ireland and Portugal. Bank of America surged 6.4 per cent, JPMorgan Chase was up 5.2 per cent and American Express added 4.7 per cent. Apple leaped ...

Market Wrap - Morning

AAP  |  MONDAY, 10 OCT 2011
... is trying to contain a government debt crisis that has already seen three countries bailed out - Greece, Ireland and Portugal. Italy and Spain are widely considered too big to rescue. Westpac New Zealand senior market strategist Imre Speizer said another ...

Ben calls on JMK

BENJAMIN ONG  |  WEDNESDAY, 5 OCT 2011
... exposures both to foreign sovereigns and to foreign banks. The exposures of U.S. banks to the most troubled sovereigns -- Portugal, Ireland and Greece -- is quite minimal. So the direct exposures there are not large." However, he also warned that, "...if ...

Promises and plans

BENJAMIN ONG  |  TUESDAY, 27 SEP 2011
... recapitalisation of European banks to the tune of "tens of billions of euros" to provide a "firebreak" around Greece, Portugal and Ireland and prevent the crisis from spreading to too big to fail Spain and Italy; (2) raise the European Financial Stability ...

Glimmer of hope

BENJAMIN ONG  |  TUESDAY, 20 SEP 2011
... Market" listed the direct and indirect exposure of US and European banks to the sovereign debts of Greece, Ireland and Portugal. European creditors have a 70.6% exposure to Greek debt, 67.9% to Ireland and 68.5% to Portugal. America is not exposed directly ...