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Monthly Archive July, 2012

Euro falls to two-year low against dollar (again)

July 11, 2012

The euro fell to another two-year low against the dollar Monday, as investors continue to seek safety in the greenback while they wait for the latest news from the eurozone.
The euro was trading at $1.22 against the U.S. dollar. The last time it was that low was June 2010. The European currency slid 1.2% […]

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Most-Accurate Forecasters on Euro Clash With Options Sign - Bloomberg

July 9, 2012

The world

finance, mortgage - Comments closed

Global Policy Easing Shows Pressure for Asia Rate Cuts: Economy - Bloomberg

July 6, 2012

Concerted monetary stimulus by central banks from China to Europe has reinforced the pressure for Asian policy makers to act as faltering global growth undermines demand for the region

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Monti Should Remain in Power After 2013 Elections, Mundell Says - Bloomberg

July 4, 2012

Italian Prime Minister Mario Monti should stay in power after next year

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Peter Madoff pleads guilty, faces 10 years

July 2, 2012

Bernard Madoff’s younger brother pleaded guilty Friday to federal charges that he helped cover up the biggest Ponzi scheme in history.
Peter Madoff, 66, pleaded guilty to charges of conspiracy and falsifying investment records in U.S. District Court for the Southern District of New York. He was accused of lying to clients and obstructing […]

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