The International Monetary Fund says it has not been asked by Spain for a bailout and has not begun preparing one.IMF spokesman Gerry Rice spoke Thursday as Spanish Deputy Prime Minister Soraya Saenz de …
IMF: No bailout plans for Spain in the works
Tags: bailout, imf, SpainThe head of the European Central Bank said Thursday that the configuration of Europe’s common currency will become “unsustainable” if policymakers do not take action.
Investors stampeded into U.S. government bonds Thursday, driving the interest rate on the 10-year Treasury note as low as 1.54 percent, a record.People were fearful that the U.S. economy might be hitting …
Yield on 10-year Treasury sinks to record low
Tags: bonds, economyHoneywell’s group company, UOP LLC, opened a manufacturing and operations center in Penang, Malaysia, for production of natural gas membrane elements.
Honeywell in Blooming Natural Gas Market
Tags: Blooming Natural Gas Market, Natural Gas Market, UOPSpain is fast becoming the biggest threat to Europe’s shared currency as the cash-strapped government struggles to contain a growing banking crisis.
Spain is the new epicenter of Europe’s woes
Tags: europe, SpainThe head of the European Central Bank said Thursday that the configuration of Europe’s common currency will become “unsustainable” if policymakers do not take action.
Euro ‘unsustainable’ without action
Tags: Central Bank, europe, European Central, European Central BankExchange traded funds indexed to U.S. Treasury bonds are among the top performers in May on the risk-off trade and Europe’s debt woes. Vanguard Extended Duration Treasury ETF (NYSEArca: EDV) is up 14.7% …
Tags: EDV, europe, Risk Free, Vanguard Extended Duration TreasuryBrent crude futures fell on Thursday, losing nearly 15 percent for May, as rising U.S. oil inventories, disappointing economic data and a worsening euro zone debt crisis pressured prices. Brent July crude …
Brent crude ends lower, falls 14.73 percent in May
Tags: Brent JulyBP Plc has inked a Memorandum of Understanding with Indonesia???s state electricity company ??? PT.PLN (Persero) ??? to make liquefied natural gas available on a long-term basis.
Tags: bp, Gas Supply Deal, PLN
