European stock markets fell sharply Monday as traders voiced new concerns about political uncertainty in Greece and whether it could become the first country to drop out of the 17-nation euro currency union. Stock indexes in London, Paris and Frankfurt all dropped about two percent, while major exchanges in New York were down one percent. […]
European, US Markets Fall on Greek Uncertainty
European, US Markets Fall on Greek Uncertainty
European stock markets fell sharply Monday as traders voiced new concerns about political uncertainty in Greece and whether it could become the first country to drop out of the 17-nation euro currency union. Stock indexes in London, Paris and Frankfurt all dropped about two percent, while major exchanges in New York were down a smaller […]
European, US Markets Fall on Greek Uncertainty
European and U.S. stock markets are falling sharply as traders voice new concerns about political uncertainty in Greece and whether it could become the first country to drop out of the 17-nation euro currency union. Stock indexes in London, Paris and Frankfurt all dropped by more than two percent in afternoon trading Monday, while major […]
European, US Markets Fall on Greek Uncertainty
European and U.S. stock markets are falling sharply as traders voice new concerns about political uncertainty in Greece and whether it could become the first country to drop out of the 17-nation euro currency union. Stock indexes in London, Paris and Frankfurt all dropped by more than two percent in afternoon trading Monday, while major […]
Developed World’s Employment Still Lagging from Recession
A new report says the labor markets in the developed world’s biggest economies have still not recovered from the global recession that started in 2008. The Organization for Economic Cooperation and Development said Friday that 528 million working-age people were employed in its 34 member nations in late 2011. The OECD said that was two […]
OPEC: Global Oil Supply Outpacing Demand
The oil cartel OPEC says the global supply of oil is exceeding demand and that member countries are pumping oil at the fastest rate in nearly four years. The Organization of the Petroleum Exporting Countries said Thursday that its 12 member countries produced more than 32 million barrels of oil in March, up more than […]
Uncertainty Grips World Financial Markets in Wake of European Elections
Uncertainty is gripping world financial markets, after elections in Greece and France raised concerns about the future of austerity measures to help rescue Europe’s debt-ridden governments and its ailing economies. Key Asian markets fell sharply Monday, with Japan’s Nikkei index closing down 2.8 percent and Hong Kong’s Hang Seng off 2.6 percent. The Athens stock […]
Uncertainty Grips World Financial Markets in Wake of European Elections
Uncertainty is gripping world financial markets, after elections in Greece and France raised concerns about the future of austerity measures to help rescue Europe’s debt-ridden governments and its ailing economies. Key Asian markets fell sharply Monday, with Japan’s Nikkei index closing down 2.8 percent and Hong Kong’s Hang Seng off 2.6 percent. The Athens stock […]
Uncertainty Grips World Financial Markets in Wake of European Elections
Uncertainty is gripping world financial markets, after elections in Greece and France raised concerns about the future of austerity measures to help rescue Europe’s debt-ridden governments and its ailing economies. Key Asian markets fell sharply, with Japan’s Nikkei index closed down 2.8 percent and Hong Kong’s Hang Seng off 2.6 percent. The Athens stock exchange […]
World Markets Fall After European Elections Raise Concerns
Investors pushed major markets across Asia and Europe lower Monday, following elections in Greece and France that raised concerns about the future of austerity measures put into place to help rescue ailing eurozone economies. Stocks in Greece plunged more than 7 percent in early trading, while markets in Germany and France fell more than 1 […]