Daily Archives: July 13, 2012

/ News

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

/ News

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

/ News

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

/ News

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