Europe debt crisis rolls on as Irish bailouts grow And EU monetary commissioner Olli Rehn said he doubted that Ireland would need emergency aid from a rescue fund established earlier this year by the European Union and the International Monetary Fund. Greece has already tapped that fund to the tune of euro110 billion, but Ireland […]
Tag Archives: global-markets
China’s Soaring Stocks Pose Risk to Global Markets
For a while there, it looked like the doomsayers would be proved right. On July 29, the Shanghai Composite Index lost as much as 7.7% of its value before ending the day down 5% on record-breaking trading volume of $43.3 billion.