European Banks Rush to Grasp Lifeline?

Hundreds of euro-zone lenders took out €489.19 billion ($640 billion) in low-interest loans from the European Central Bank on Wednesday

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Will the BI Rate trimmed 25 bps?

Jakarta - BI expected to again lower its benchmark rate (BI Rate)in November 2011. Previously BI has cut interest rates by 25 basis points (bps) to 6.5% in October 2011.

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U.S. Stock Gains?

NEW YORK - U.S. stocks rose on Tuesday (18/10/2011) local time (GMT Wednesday) after a British newspaper reported thatFrance and Germany are ready to boost the euro zone rescue fund in an effort to overcome the crisis of public debt.

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George Soros

Billionaire investor George Soros has warned Europe's debt crisis risks triggering another Great Depression unless euro zone leaders adopt a series of radical policy measures, including the creation of a common treasury. 

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FRANKFURT, Make Money Blog $ - Chief Economist, European Central Bank (ECB), Juergen Stark, suddenly mengudurkanhimself from his position on Friday (09/09/2011) local time.

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Beginner’s Guide to Trading the Euro ?

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Discover the key economic factors that drive euro pricing, how the ongoing debt crisis could impact Eurozone nations, and whether the single currency will ever supplant the dollar as the world’s reserve currency.

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