30 June, 2015 by The TZ Newswire Staff Comments Off on How the US is helping to sink Puerto Rico
How the US is helping to sink Puerto Rico
One report notes that Puerto Rico’s close association with the United States is both a benefit and a curse when it comes to the island’s economy.
30 June, 2015 by The TZ Newswire Staff Comments Off on Deutsche Bank Hires Quartet for European Trading Desk
Deutsche Bank Hires Quartet for European Trading Desk
German-based Deutsche Bank has hired a quartet of trading professionals for its European trading desk.
30 June, 2015 by The TZ Newswire Staff Comments Off on Varoufakis Confirms Greece Will Default To IMF Today
Varoufakis Confirms Greece Will Default To IMF Today
May as well spoil the ending of what happens at midnight local time today. Nothing (as previously reported). From Reuters:
- GREEK FINANCE MINISTER SAYS GREECE WILL NOT PAY IMF ON TUESDAY.
Visually:
And:
30 June, 2015 by The TZ Newswire Staff Comments Off on Market Extra: Brace for euro at $1.05 if Greece jitters persist
Market Extra: Brace for euro at $1.05 if Greece jitters persist
The Greek debt odyssey is roiling the markets this week and any escalation of the crisis could slam the euro to levels not seen since March, according to a currency analyst.
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30 June, 2015 by The TZ Newswire Staff Comments Off on Incomes rise for bottom 99%; inequality still worsens
Incomes rise for bottom 99%; inequality still worsens
Solid job growth is finally boosting paychecks for the rest of us.
30 June, 2015 by The TZ Newswire Staff Comments Off on European Regulators Suspend Trading In Greek Bonds Citing "Trading Harmony"
European Regulators Suspend Trading In Greek Bonds Citing "Trading Harmony"
Regulators across Europe are beginning to curtail trading in Greek assets as the country’s stock market remains closed and Greeks grapple with capital controls and prepare for a default to the IMF at midnight.
Luxembourg’s market regulator has suspended trading in bonds issued by National Bank of Greece, Alphabank, Eurobank, Piraeus Bank, Eurobank, the Hellenic Railways Organisation and the Hellenic Republic.