Daily Archives: July 13, 2012
MOODY’S SLASHES ITALY BY 2 NOTCHES
Moody’s just downgraded Italy’s govenment bond rating to Baa2 from A3, a two notch downgrade. And the outlook remains negative. They gave two reasons for the move: “Italy is more likely to experience a further sharp increase in its funding costs or
MOODY’S SLASHES ITALY BY 2 NOTCHES
Moody’s just downgraded Italy’s govenment bond rating to Baa2 from A3, a two notch downgrade. And the outlook remains negative. They gave two reasons for the move: “Italy is more likely to experience a further sharp increase in its funding costs or
Paul Krugman: The Euro Crisis Will End With Something ‘Impossible’ Happening
In an exclusive interview, Paul Krugman — who just published a new book titled End This Depression Now! — tells us how the Euro crisis will end. He basically sees two possible outcomes, both of which are “impossible.” One possibility is that
Paul Krugman: The Euro Crisis Will End With Something ‘Impossible’ Happening
In an exclusive interview, Paul Krugman — who just published a new book titled End This Depression Now! — tells us how the Euro crisis will end. He basically sees two possible outcomes, both of which are “impossible.” One possibility is that