Archive for December, 2011
Saturday, December 31st, 2011
Berlin (dpa) - Amid a drumroll of bad economic news from the eurozone and constant stockmarket jitters since summer, one country remains strangely untouched by the doom and gloom: Germany."Most people here only know there‘s a crisis going on from the newspaper," said Ulrich Kater, chief economist of Dekabank, an ...
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Sunday, December 18th, 2011
(BERLIN ) - Just when she should be devoting all her energy to saving the euro, German Chancellor Angela Merkel is beset by political turbulence at home, in particular a crisis within her coalition allies.---read the article
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Monday, December 12th, 2011
Bill Gross, who runs the world’s biggest bond mutual fund at Pacific Investment Management Co., increased his holdings of Treasuries and mortgage debt amid a bet U.S. interest rates will stay low for years.---read the article
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Friday, December 9th, 2011
Bloomberg News Thursday, December 8, 2011 NEW YORK — A $19 billion wave of five-year commercial mortgages originated at the height of the property market bubble starts maturing in less than a month, sparking concern that delinquencies will accelerate. About 43 percent of the $44 billion in loans packaged into bonds ...
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Wednesday, December 7th, 2011
Pressed by foreclosures, evictions, and an economic crisis with the gnawing tenacity of an early winter flu, San Franciscans protested in neighborhoods throughout the city on Saturday, Dec. 3. Marches from four of the city's most impacted neighborhoods merged in the Financial District to pressure landlords, banks, and what the ...
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