Diane Alter: In attempts to ease its mushrooming financial pains, Spain unveiled new austerity measures today (Wednesday) that aim to reduce 65 billion euros ($80 billion) from the public deficit by 2014. Read more…
NYSE:EUO, NYSE:EWG, NYSE:EWP, NYSE:FXE, NYSE:VGK
ProShares has announced that they will begin trading The ProShares Short Euro (NYSEARCA:EUFX) Wednesday, June 27, 2012. The ProShares Short Euro is designed to track the inverse (-1x) of the daily performance of the euro spot price versus the Read more…
FUND LAUNCH, NYSE:EU, NYSE:EUFX, NYSE:EUO, NYSE:FXE
In theory every dollar printed by the United States is backed by the assets and good word of the entire country. The reality is our currency remains largely impervious to our own abuse simply because America is arguably the least screwed up of the Read more…
NYSE:FXE, NYSE:GLD, NYSE:UDN, NYSE:UUP
Kent Moors: The Greek election last weekend has brought us a brief reprieve. The nation and the Eurozone have stepped back from the brink. But the larger truth is that little has changed. Read more…
NYSE:EUO, NYSE:EWG, NYSE:FXE, NYSE:VGK, NYSE:VWO
Martin Hutchinson: What happens this Sunday, June 17 , may be the trigger for a final resolution of the Eurozone debt crisis. Now I understand that you probably don’t follow Greek elections. But this is one you’ll want to keep an eye on. Read more…
NYSE:EUO, NYSE:EWG, NYSE:FXE, NYSE:VGK, NYSE:VWO
Keith Fitz-Gerald: It’s unlikely the euro will survive what I’m calling the Spailout… meaning, the bailout of Spain, and the contagion to Italy, etc. Believe me, you’re going to be seeing and hearing this non-stop in the media for quite some time. And fear will be running rampant as a result. Read more…
NYSE:EUO, NYSE:EWG, NYSE:FXE, NYSE:VGK, NYSE:VWO
Jeff Nielson: Nearly two and a half years ago, I first began warning readers of the “economic terrorism”which Wall Street had unleashed upon Europe – via the fraudulent manipulation of credit default swaps, and equally fraudulent “ratings cuts” from their accomplices Read more…
NYSE:EUO, NYSE:EWG, NYSE:FXE, NYSE:VGK, NYSE:VWO
Jeff Nielson: Austerity has failed. You won’t see that in any of the headlines from the media propaganda machine, and for a very good reason: our intellectually bankrupt governments have no “Plan B”. Read more…
NYSE:EUO, NYSE:EWG, NYSE:FXE, NYSE:VGK, NYSE:VWO
Martin Hutchinson: According to financial consultant David Marsh, writing in CBS Marketwatch, the Bundesbank’s net Target-2 assets ballooned to 615 billion euros ($800 billion) in March, while the Banco de Espana’s net liabilities rose to 252 billion euros and the Banca d’Italia’s to 270 billion euros. Read more…
NYSE:EUO, NYSE:FXE, NYSE:IEV, NYSE:VGK
Martin Hutchinson: Commentators are wringing their hands again, worried the troubles in Spain (NYSEARCA:EWP) could cause the whole euro project to collapse. As a result, all eyes are now on Spanish 10-year debt yields, which went above 6% last week as the threat of euro-chaos returned. Read more…
NYSE:EUO, NYSE:EWI, NYSE:EWP, NYSE:EWQ, NYSE:FXE, NYSE:VGK
Michael Snyder: The economic crisis in Europe (NYSEARCA:VGK) continues to get worse and eventually it is going to unravel into a complete economic nightmare. All over Europe Read more…
NYSE:EUO, NYSE:EWG, NYSE:EWI, NYSE:EWP, NYSE:FXE, NYSE:VGK
Tom Essaye: As someone who has closely watched this European saga for two full years, I have seen a discernible pattern emerge … Read more…
NYSE:EUO, NYSE:EWG, NYSE:EWI, NYSE:EWP, NYSE:FXE, NYSE:VGK
Richard Mills: As a general rule, the most successful man in life is the man who has the best information. Trade imbalances – deficits and surpluses – between nations are one of the major reasons for financial crises. Countries become trapped in a vicious spiral – they accumulate debt because they are Read more…
NYSE:EEM, NYSE:EUO, NYSE:FXE, NYSE:UDN, NYSE:UUP, NYSE:VWO
Jeff Nielson: More than two years ago I began warning readers of the most heinous acts of fraud ever perpetrated by the Western banking crime syndicate, which I dubbed “economic terrorism”. These swindles involved nothing less than the destruction of entire European economies, solely so that the banksters Read more…
NYSE:EUO, NYSE:EWG, NYSE:EWI, NYSE:EWP, NYSE:EWQ, NYSE:FXE, NYSE:VGK
Dominique de Kevelioc de Bailleul: On Friday, it’s now official: Greece defaults. Zerohedge called the event: The biggest debt writedown in human history. Strangely, or not, there was no press conference by the ECB, no bold-letter headlines about the event. Nothing. There was nothing but an Read more…
NYSE:EIRL, NYSE:EUO, NYSE:EWI, NYSE:EWP, NYSE:FXE, NYSE:VGK
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