Thursday, 10 November 2011


The European Union Thursday slashed its growth forecast for the 27-nation bloc in the coming year.


A breakdown of the European debt situation, starting with Greece and consuming the entire continent.



Iran’s Supreme Leader warned the United States and Israel on Thursday not to launch any military action.

ExxonMobil has announced a “potentially significant” gas discovery off the coast of Vietnam.


The failure of the Eurozone and the European monetary union looks increasingly likely.

Europe Recovery Rally Fizzles As French Bund Spreads Hit Record On Fresh Downgrade Rumor