News

Euro Recovers Slightly, Some Emerging Markets Still Down

Euro Recovers Slightly, Some Emerging Markets Still Down

 The dollar is continuing its rise to the top. As European markets deal with debt crises and financial turmoil, investors are turning to the dollar. The flight of investors to the dollar has resulted in the Indian rupee hitting record lows. Across the pond, the Brazilian real has been making a splash across newspaper headlines. […]

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Lloyd’s: Preparing for a Euro Collapse

Lloyd’s: Preparing for a Euro Collapse

The chief executive of Lloyd’s of London has begun preparations for a potential collapse of the Eurozone.  This corporation has admitted publicly that the Eurozone is headed for tough times. They have worked to reduce their exposure to the unstable currency. After continued debt crises in Greece, Spain Italy and Portugal, Lloyd’s has decided to […]

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Yahoo’s Scott Thompson Resigns as CEO

Yahoo’s Scott Thompson Resigns as CEO

Recently, Scott Thompson has come under fire for issues with his official biography. According to the website, he possessed a degree in computer science. In reality, he had never obtained this college degree. Across the United States, investors called for the resignation of Scott Thompson. As CEO of the embattled company, Scott Thompson led Yahoo […]

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Greece’s New Democracy Fights Plans to Scrap the Bailout Plan

Greece’s New Democracy Fights Plans to Scrap the Bailout Plan

The radical leftwing Syriza party has recently announced plans to end the newest bailout agreement. Greece’s center-right leader issued a warning on Wednesday that Syriza’s plans could catalyze and a collapse of Greece’s internal systems and a government default. At a meeting of the New Democracy party, Antonis Samaras told meeting members about his proposals […]

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Yen Gains Against Euro and Dollar, Dollar Gains Against the Euro

Yen Gains Against Euro and Dollar, Dollar Gains Against the Euro

The yen is currently gaining against 16 other top traded currencies on the market. After United States payrolls were reported as lower than originally forecasted, investors are seeking refuge with the yen. Japan’s currency has also benefited from turmoil arising from elections and leadership changes over in Europe. On May 4, the Euro fell for […]

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Spain’s Economy Worsens: Debt Downgrades and Nationwide Protests

Spain’s Economy Worsens: Debt Downgrades and Nationwide Protests

According to recent reports, Spain’s economy has contracted for the second consecutive quarter. The banking sector has suffered from the S&P downgrade and government debt pressures. In the ensuing week, Spain is expected to have nationwide anti-austerity protests as citizens express their disapproval of the government’s austerity measures. Starting on Labor Day, these protests are […]

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New Compliance Measures Are Required for Cookies

New Compliance Measures Are Required for Cookies

  New measures enacted by the government may start impacting consumers, business owners and web site managers in the very near future. The United Kingdom’s government passed the legislation on May 26, 2011. Like most aspects of government after the bill was passed, it took a few months for it to be used in practiced. […]

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