Windsor Genova – Fourth Estate Cooperative News Writer Paris, France (4E) – President-elect Francoise Hollande on Tuesday flew to Germany for a eurozone debt crisis meeting with Chancellor Angela Merkel but his plane was hit by lightning and it returned to Paris. He was unhurt and took another plane to resume his flight to Berlin. [...]
Posts Tagged ‘Debt’
Plane with newly-inaugurated Hollande hit by lightning, trip to Germany delayed
May 16th, 2012
davidguide U.S. stocks tumble Tuesday over Greek woes
May 10th, 2012
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks fell on the open Tuesday as political uncertainty in Greece kept investors wary and on edge. Just after the opening bell on Wall Street, the Dow Jones Industrial Average slumped 83 points, the Standard & Poor’s 500 Index slid 8 [...]
In land of no loans, consumer debt mounts
April 2nd, 2012
davidguide The Media Line Staff Riyadh, Saudi Arabia (The Media Line) – When Reem Muhammad sought a personal loan to pay off some lingering debts, a Saudi bank offered 100,000 riyals ($26,667). The price tag? Repayment of the loan, plus 33,000 riyals. “I took the loan and repaid it, but I never knew what the 33,000 [...]
Greek political leaders reach deal on austerity measures
February 10th, 2012
davidguide Diane Alter – AHN News Reporter Brussels, Belgium (AHN) – Greek politicians have reached a deal that will help the financially ailing Mediterranean country avoid a messy default. Political leaders struck a deal for a package of austerity measures Thursday. The move clears the way for a swap to cut the nation’s debt and secure [...]
U.S. stocks fall as GDP trails forecast
January 29th, 2012
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Wall Street opened lower Friday after a report showed that the U.S. economy expanded less than forecast.. Just after the opening bell, the Dow Jones Industrial Average was lower by 33 points, the Standard and Poor’s 500 Index was flat and the [...]
Wall Street opens mixed Friday on GE, Google earnings
January 23rd, 2012
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Wall Street opened mixed to lower Friday morning following earnings reports from General Eclectic and Google that disappointed. Just after the opening bell, the Dow Jones Industrial Average was flat, the S&P 500 Index was down 3 points and the NASDAQ fell [...]
Atlanta’s tallest building heading for foreclosure
January 17th, 2012
davidguide Diane Alter – AHN News Reporter Atlanta, GA, United States (AHN) – Oh how the tall and mighty have fallen. Atlanta’s tallest building, Bank of America Plaza, a tower bought at the market peak, has been struggling with rising vacancy rates and a heavy debt load. A foreclosure date has been set for the storied [...]
Italy’s government finds borrowing costs remain high
December 30th, 2011
davidguide Linda Young – AHN News Writer Rome, Italy (AHN) – Italy’s borrowing rate came down slightly at its latest bond auction, but still remained high with investors worried over the eurozone debt crisis. Interest rates on 10-year bonds dropped by only 0.5 percentage points from the yield prices on debt auctioned in November. However, economists [...]
Treasury sells 30-year bonds at record lows
December 18th, 2011
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The U.S. Treasury Department sold $13 billion in 30-year bonds Wednesday at a record low yield of 2.925 percent. Despite the debt security having the lowest yield on record, investors in the U.S. and around the world still have a hearty appetite [...]
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