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Bond markets are overreacting to the climate of extreme hawkishness created in part by the speed and aggressiveness of leading central banks’ shift to monetary tightening. The self-induced market rout only adds to the risk of a policy mistake. ....
Not been i dead to predict this today. ok what do you think you know none of these things are going to happen what will france be looking for then from germany. well from a plea to restart this french german engine just essentially also means to have a plan for the future so that they european union is under such existential threat that france needs to many to commit to the very idea off they come and european union just how they will manage to do that without giving france like a vendor has just said without giving fronts what they what they want but they have no choice if they want to keep the european union existing then they will have to come up with a plan with some sort of a vision with some sort of a project that they can push forward the question is where s that going to be they re going to make no mileage as you mentioned euro zone debt the bailouts for ....
Territory. and the nasdaq is up 8 points. one of the factors hanging over the market, fears about europe s debt crisis. today the euro hit a 16 month low against the dollar after comments from fitch. it urged the ecb to buy up euro zone debt to prevent a collapse of the currency. here in the u.s., the fed s so-called beige book survey showed the end of 2011 was a strong point for the economy. and most of the central bank s 12 district, consumers spent, and travel spending also rose. however the report also said that housing remained weak. and speaking of housing, home builder lanar said revenue was up 11% as home deliveries rose. shares of lennar were up 7% and that helped boost other housing stocks, as well. that s it from cnbc. thousand back it hardballback ....
greece passes next year s budget. it is packed with tax increases and spending cuts which are required to secure bailout funds. the budget cuts, the deficit pushes the deficit to 5.24 gdp, down from 9%. ahead of the u.s. 2012 election campaign, u.s. president barack obama says the middle class needs to step up to the plate. he called for more taxes on the wealthy. those are the top stories from cnn, i m monita rajpal. world business today starts right now. hello and welcome to your wednesday edition of world business today. i m andrew stevens in hong kong. i m nina dos santos in london. these are the top stories today. adding more fire power to the bailout fund. anticipation builds for lasting in europe ahead of the crucial summit. india shelves plans to open up its supermarket sector. and the immaculate rejection, ebay auction for a date with the virgin mary. this very wednesday word is out that they re ready to use all they can to add to their arse ....
he travels to italy to make the transition himself. it has now been met. unesco is gaining a new member but losing $60 million. the u.s. is withdrawing its pledge after the u.n. agency accepted a palestinian bid for full member. the u.s. and israel argued that the move would harm peace talks. i m monita rajpal. world business today starts right now. captions by vitac www.vitac.com good morning from cnn lan. i m charles hodson. tuesday, the first of november. the greek bailout is now in the hands of the greek people at great risk to the euro-zone debt. mf global is forced to declare bankruptcy protection. weakness in europe and the united states spreads to china, slowing down the factories pow iring the world s second largest economy. well, a new trading day has just begun in europe. we re expecting and getting losses, but we ll have prices in a moment as soon as they re reasonable. they ve slipped for the second day in in a row following the u.s. marke ....