JNN 16 Jan 2015 Brussels : The euro fell to $1.1861, its weakest level since 2006 on the back of uncertainty over Greece’s position within the single currency. A strong dollar and expectations that the European Central Bank will beef up its stimulus program have also not helped. Continue reading
Tag Archives: European Central Bank
US Dollar Dominance days are over , The Default Currency of the World Could not save its Debt Default
JNN 15 Oct 2013 New York : A US debt default could hit on Thursday, and world leaders are second guessing the dominant role America plays in finance. Regardless of the final decision in Washington, confidence and credibility in the US has already eroded. Continue reading
EU on the Brink of Break up and Revolution , as the Youth Unemployment Grows
JNN 01 June 2013 Brussels : German Finance Minister Wolfgang Schaeuble warned on Tuesday that failure to win the battle against youth unemployment could tear Europe apart, and dropping the continent’s welfare model in favour of tougher U.S. standards would spark a revolution. Continue reading
Recessions & Un Employement Deepening As a Result Demos, Strikes sweep Europe
JNN 17 Nov 2012 MADRID/LISBON – Police and protesters clashed in Spain and Italy on Wednesday as millions of workers went on strike across Europe to protest against spending cuts they say have made the economic crisis worse. Continue reading
Euro zone unemployment hits record high
JNN 04 May 2012 LONDON — Record high unemployment for the 17 countries that use the euro is set to increase the pressure on Europe’s leaders to switch from a focus on austerity to a pro-growth strategy to stop the region from moving deeper into recession. Continue reading
Greek protesters occupy Key Ministries, against tough austerity measures given by IMF
JNN 29 Sept 2011 : Greek civil servants protesting the government’s austerity measures have occupied several ministries ahead of upcoming talks between the IMF and EU officials. Continue reading 
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