Tag: euro crisis

• Sunday, October 9th 2011 - 07:23 UTC

  World Bank calls on Germany to take stronger political leadership in Euro crisis

  

  The World Bank has called on Germany to take a stronger political leadership role in Europe in order to end the Euro zone debt crisis.

• Thursday, September 15th 2011 - 20:52 UTC

  JPMorgan lowers Latin America’s growth estimate for 2012 to 3.5%

  

  US bank JPMorgan lowered Latin America’s growth estimate for 2012 from 3.9% to 3.5% mainly because of the impact of the slower EU and US economies, even when the Latam reduction is less than in other regions of the world.

• Thursday, September 8th 2011 - 02:48 UTC

  Soros predicts Euro crisis could be worse than Lehman Brothers

  

  Billionaire George Soros believes that the current crisis of the Euro zone has the ‘potential to be a lot worse than the Lehman Brothers’ in the US due to the lack of consensus in the European Union to create an authority with enough power to handle this problem.

• Friday, August 5th 2011 - 07:42 UTC

  Black Thursday in US and Europe turns into black Friday in Asia

  

  Asian stock markets have slumped on Friday, extending a global equity sell-off after Wall Street had its worst day in more than two years. Japan's main Nikkei 225 index shed 3.4% to 9,329.75. South Korea lost 4.2%, Australia slid 2.4% and China's Shanghai SE Composite Index was down 2%.