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Macron Advocates For Joint European Bonds To Fund Defense, Tech Amid Rising Global Competition
Thursday, January 18, 2024 - 5:32am | 587Read More...French President Emmanuel Macron has proposed issuing joint European debt to finance critical sectors such as defense and technology. This move aims to ensure Europe’s sovereignty amidst growing competition from the US and China. What Happened: Macron, speaking at the World Economic Forum in...
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Service Sector Suffering Due to Dollar Weakness?
Monday, December 5, 2011 - 12:37pm | 552Read More...On Monday, ISM Non-Manufacturing Composite for the month of November printed at 52.0, down from the prior reading of 52.9 and well below expectations of 53.8. The reading is a broad-based assessment of the state of the service sector in the US. Of its subcategories, the reading for employment...
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The EFSF: A €440 Billion He Said, She Said
Tuesday, September 27, 2011 - 10:21am | 986Read More...Yesterday on CNBC, Steve Liesman reported that there are plans being discussed high up in the Eurozone about potentially leveraging the existing funds (some €440 billion) to shore up bank capital, in a plan very similar to the TARP program that was enacted in the United States back in 2008....
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Angela's Ashes: EU May Draft Eurobond Legislation Despite Merkel's Objections
Friday, August 19, 2011 - 12:39pm | 783Read More...Huge news out of Bloomberg, especially if it winds up becoming true. According to the New York-based financial publication, European Union regulators may start drafting legislation for a Eurobond to help control the debt crisis, which appears to be spiraling out of control. This is a stark...
