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Daily Archives: March 19, 2012

The U.S. Treasury sold the last toxic mortgage securities

March 19, 2012 admin
The Treasury Department announced today that it has cleared the final portfolio of securities linked to subprime mortgages from the failed banks Fannie Mae and Freddie Mac , which became worth than 2...

Venizelos resigned as finance minister to lead the Greek socialists in...

March 19, 2012 admin
Finance Minister of Greece, Evangelos Venizelos, today resigned from his post to focus on the campaign for the elections scheduled for late April or early May as the new leader of the Panhellenic Soc...

Economic Growth of 4.0 percent this year would be “very good...

March 19, 2012 admin
The Chilean Finance Minister Felipe Larrain said today that his country grow over 4.0% this year would be “very good” in the context of crisis in Europe. Larrain emphasized the expansion ...

The risk premium of Spain falls to the level of yesterday, 314 basis p...

March 19, 2012 admin
The risk premium of Spain, which measures the spread between ten-year Spanish bond and the German the same period, was down at the end of the session to 314 basis points, the same as those that close...

Spain and Portugal asked for relief from the impact of drought

March 19, 2012 admin
Spain and Portugal on Tuesday asked the European Union (EU) to explore possible avenues of aid to farmers and ranchers to mitigate the impact of the drought affecting the country. The matter was disc...

European shares in the red, with the exception of Madrid and Milan

March 19, 2012 admin
The main European shares ended Monday’s session with modest declines, with the exception of Madrid and Milan ended higher on delinquent markets are predominantly concerned with making profits. ...

Canary President says he will try to prevent oil prospecting

March 19, 2012 admin
President of the Canary Islands, Paulino Rivero, pledged today that while in office will try to prevent oil drilling in waters around the archipelago. Rivero and delivered to reporters after meeting ...

Shipyard workers in Puerto Real cut the Cadiz bridge

March 19, 2012 admin
Shipyard workers in Puerto Real have cut this morning the bridge of José León de Carranza in Cádiz in protest at the lack of central government pronouncement on the workload for the three centers of ...

The strike of Aena in Barajas is developed without incidence on fligh...

March 19, 2012 admin
Aena strike in Madrid Barajas airport, called by the maintenance of all jobs, is having a no impact on flights and passengers to respect the minimum services determined by the Ministry of Development...

Large distributors are confident that the Government release schedules...

March 19, 2012 admin
Large distributors are confident that the Government will reform the rules of trade to address some of its historical claims, such as the liberalization of opening hours or the elimination of barrier...
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RSS Global NEWS

  • IMF tones down UK criticism
    While the IMF made several recommendations to the UK in its annual report on the economy it did not repeat its April criticism of Mr Osborne’s fiscal strategy […]
  • BoJ holds off on fresh monetary easing
    Japan’s central bank decides against fresh monetary easing, judging measures already taken to stimulate growth enough to revive the economy […]
  • Shares mixed ahead of Fed testimony
    Japan stocks lead rally, with investors waiting for Federal Reserve chairman Ben Bernanke’s testimony before Congress later in the day […]
  • Top US tax official to refuse questioning
    News that Lois Lerner came as revelations continued to trickle out of the White House about who first knew about the IRS actions, and when […]
  • Fiat Industrial to move tax home to UK
    Blow to Italy underlines the attractiveness of the UK’s increasingly light corporate tax regime […]
  • Cook’s gamble pays off
    Tim Cook’s stance defanged much of the fiercest questioning from the Senate’s investigations committee, which questioned Apple’s tax ‘gimmicks’ […]
  • Bernanke to address QE timeline
    The message from Mr Bernanke is likely to mirror that of March: the Fed is looking to wind down QE3 depending on labour data and the broader economy […]
  • Germany offers jobs to young Spanish jobless
    Germany agrees to give jobs or apprenticeships to about 5,000 young unemployed Spaniards every year […]
  • Dublin cut tax burden after US lobbying
    Changes to Ireland’s tax code in 2010 were introduced as part of a suite of incentives to boost country’s attractiveness as a location for intellectual property […]

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