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Posts by "qiman"
248 Posts Total by "qiman":
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Posts by Anonymous "qiman":
Algeria's surprising 0-0 draw with England saved it from becoming the first team to exit the World Cup. Now the north Africans are targeting a win over the Americans and a spot in the next round.
"If Algeria plays to its potential we don't need to worry about our opponents," midfielder Karim Matmour said Sunday. "If we play our style of football we can beat anyone."
http://nbcsports.msnbc.com/id/37807411/ns/sports-world_cup/
Germany and France are examining ways of creating a "two-tier" euro system to separate stronger northern European countries from weaker southern states. The creation of a "super-euro" zone would initially include France, Germany, Holland, Austria, Denmark and Finland.
The likes of Greece, Spain, Italy, Portugal and even Ireland would be left in a larger rump mostly Mediterranean grouping.
http://www.telegraph.co.uk/news/worldnews/europe/7837874/Germany-and-France-examine-two-tier-euro.html
http://www.marketwatch.com/story/fed-on-hold-until-mid-2011-bank-analysts-say-2010-06-16?dist=afterbell
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100006271/the-euro-mutiny-begins/
He believes we are currently at a major turning point in the markets where investors are beginning to realize that government spending is not the solution to all our problems. He says the fiscal austerity measures will only increase deflationary pressures and that the pain is inevitable and unavoidable:
http://pragcap.com/felix-zulauf-the-march-2009-low-wont-hold
Analysts at the French financial group AXA see a serious likelihood that the eurozone will break in half or disintegrate, dismissing Europe's 750bn (623bn) rescue package for Club Med debtors as a stop-gap measure that misdiagnoses the problem.
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/7827867/AXA-fears-fatal-flaw-will-destroy-eurozone.html
Interest rates on 10-year Belgian government bonds jumped from 3.15 to 3.50 per cent last week and investors are demanding a mounting premium to hold the debt over corresponding German paper.
Belgium's debt is currently at 99 per cent of its gross domestic product, the highest in the eurozone after Greece and Italy, and is forecast to exceed GDP by the end of the year
http://www.ft.com/cms/s/0/a37cfa18-71ca-11df-8eec-00144feabdc0.html
http://www.marketwatch.com/story/hungary-attempts-to-soothe-worries-2010-06-07
He is expected to say the UK's economic problems are "even worse than we thought" as he sets out why he believes "painful" cuts are necessary.
In a speech he will say how the 156bn deficit is tackled will affect "our whole way of life".
http://news.bbc.co.uk/2/hi/politics/10250603.stm#skip_feature_02
"The single currency is in its death throes and may not survive in its current membership for a week, let alone the next five years, according to a selection of responses to the survey the first major wide-ranging litmus test of economic opinion in the City since the election. The findings underline suspicions that the new Chancellor, George Osborne, will have to firefight a full-blown crisis in Britain's biggest trading partner in his first years in office."
http://www.telegraph.co.uk/finance/financetopics/budget/7806064/Euro-will-be-dead-in-five-years.html