Business

New Year, Same Crisis by George Soros
Business

New Year, Same Crisis by George Soros

DAVOS – The measures introduced by the European Central Bank last December, especially the Long Term Refinancing Operation (LTRO), have relieved the liquidity problems of European banks, but have not cured the financing disadvantage of the highly indebted member states. […]

Soros is Wrong About Danish Mortgage Market
Business

Soros is Wrong About Danish Mortgage Market

Bloomberg recently ran a story about the Danish mortgage market, which stated: Billionaire George Soros’s assertion that Denmark’s $480 billion mortgage credit system can weather any crisis better than any country where mortgages are bought and sold is proving the rule […]

Bob Doll: Economic Data Remains Solid
Business

Bob Doll: Economic Data Remains Solid

Equity Market Rally Continues Risk assets advanced yet again last week as 2012 has gotten off to a strong start for the markets. Last week, investors looked past some mixed earnings results and focused on improvements in economic data, helping […]

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Business

EU Imposes Ban on Oil From Iran

The European Union imposed an oil embargo onIran, on Monday, in addition to a number of other economic sanctions, in an effort to press the Islamic Republic to stop its Nuclear Development Program. The ban comes in the wake of […]