This is indeed breaking news. In the wake of the EU announcement of a 1 TRILLION dollar package to help end the European bond crisis that began in Greece and is now threatening other nations such as Portugal and Spain, the Euro has jumped over 2% in value against the dollar and is now trading [...]
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I don’t know if you’ve been watching the financial news in the past two days or have been reading any economy reports, but it seems that investment fear and uncertainty have trebled at the very least and that the financial world is in total chaos… … OK, so I’m exaggerating a bit. It’s no where near [...] In my previous post I wrote about how Europe may be facing (partial) bankruptcy and how the very survival of the Euro is in doubt. Following reports of a 120 billion Euro bailout of Greece (whose debts are at a whole time high) the Euro has today reached a 1 year low vs. the dollar and [...] |
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