Ten years ago this week Gordon Brown said no to joining the euro. It is an anniversary on which Bank of England governor Mervyn King, Ukip's Nigel Farage, Unite's Len McCluskey and the Guardian's Larry Elliott, along with most of the British economic ...
Market Snap: At the New York close: S&P 500 down 0.6% at 1627. DJIA down 0.7% at 15070. Nasdaq Comp down 0.6% at 3424. Treasury yields rose; 10-year at 2.293%.
Jeroen Dijsselbloem, Dutch finance minister and eurogroup president, has been roundly criticised for suggesting Cyprus marks a new commitment by the eurozone to make bank investors, not taxpayers, bear the burden of future bank failures.
The 1.5 percent security due in May 2023 fell 0.23, or 2.30 euros per 1,000-euro face amount, to 99.64. The nation's two-year yield added one basis point to 0.14 percent.
LONDON, June 17 (Reuters) - Private equity firm The Carlyle Group said on Monday it had raised a 350 million euro ($467.16 million) Collateralized Loan Obligation (CLO) fund to invest in European bank loans.
Euro-zone bond yields came in dramatically this spring as central-bank monetary policy trumped worries of the sovereign debt crisis and investors searched for yield.
In contrast to many Israeli journalists who termed Euro 2013 a'Luzon family affair,' the 124,078 fans who filled the stadiums proved itwas everyone's celebration.
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