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Posts Tagged ‘G20’

December 2010 Economic Overview

December 2010 Economic Overview

Eurozone crisis: Sovereign debt back in the headlines. Portugal, Ireland and Greece bond spreads near their highest yields, again. Irish bankruptcy was avoided with a 130 Billion bailout for its banking sector. Greece and Portugal’s prospects are dismal. Germany said that if borrower nations are unable to repay their debts, then it is their [...]

July 2010 Economic Overview

July 2010 Economic Overview

World economic healing continues as a work in progress. The US economic stimulus plan is working, slowly. Job creation continues weak, only net 40,000 jobs were created last month and the jobless rate continues at 9.7%. There are huge debts internationally producing a drag on the recovery. Many feel more stimulus is needed. The Financial [...]