STOCK MARKETS FALL AROUND WORLD
24/JUN/2011
The Dow Jones lost almost 1% over fears for Italian banks and the European crisis of debt. The Milan and Madrid stock fall 1.6 and 1.3%. Dips slightly in other places in Europe, except London you go.
USA - The U.S. economy grew at an annual rate of 1.9% between January and March, one tenth more than initially estimated, but much less than in the last quarter of 2010.
USA - Orders for U.S. durable goods rebound 1.9% in May after falling 2.7% in April.
DEFICIT - The U.S. is the OECD country that more fiscal adjustment should be done to stabilize its debt in 60% of GDP in the horizon of 2026, followed by Ireland, Greece and the UK.
USA - Obama will meet on Monday with Senate leaders to try to relaunch negotiations on the deficit after the collapse of talks on the debt on Thursday.
OIL - Close unequal crude futures: Brent yields 1.9% and closed at $ 105.12, and Texas up 0.15% to 91.16.
GREECE - The second bailout in Greece, subject to further adjustments and privatizations agreed with the EU and the IMF, will be around 110,000 million euros in the first (2010), Papandreou said after the EU summit dominated by the crisis helena.
ECB - EU leaders to Italian Mario Draghi named to succeed the Frenchman Jean-Claude Trichet as head of the European Central Bank since November. The Italian Lorenzo Bini Smaghi also a French leave his post on the board of the ECB.
CRISIS - The crisis in the euro area is a risk to the financial stability of the UK, warns the Financial Policy Committee of the Bank of England.
SITUATION - Economic activity in the euro area fell in May, according to The Conference Board, which provides, however, expand to year-end.
GERMANY - The business confidence unexpectedly rose in June in Germany after stagnation May, improving the assessment of the current situation.
France - The French economy experienced a slowdown in growth during the second quarter, an increase of 0.2% after 1% had been achieved in the first,
USA - The U.S. economy grew at an annual rate of 1.9% between January and March, one tenth more than initially estimated, but much less than in the last quarter of 2010.
USA - Orders for U.S. durable goods rebound 1.9% in May after falling 2.7% in April.
DEFICIT - The U.S. is the OECD country that more fiscal adjustment should be done to stabilize its debt in 60% of GDP in the horizon of 2026, followed by Ireland, Greece and the UK.
USA - Obama will meet on Monday with Senate leaders to try to relaunch negotiations on the deficit after the collapse of talks on the debt on Thursday.
OIL - Close unequal crude futures: Brent yields 1.9% and closed at $ 105.12, and Texas up 0.15% to 91.16.
GREECE - The second bailout in Greece, subject to further adjustments and privatizations agreed with the EU and the IMF, will be around 110,000 million euros in the first (2010), Papandreou said after the EU summit dominated by the crisis helena.
ECB - EU leaders to Italian Mario Draghi named to succeed the Frenchman Jean-Claude Trichet as head of the European Central Bank since November. The Italian Lorenzo Bini Smaghi also a French leave his post on the board of the ECB.
CRISIS - The crisis in the euro area is a risk to the financial stability of the UK, warns the Financial Policy Committee of the Bank of England.
SITUATION - Economic activity in the euro area fell in May, according to The Conference Board, which provides, however, expand to year-end.
GERMANY - The business confidence unexpectedly rose in June in Germany after stagnation May, improving the assessment of the current situation.
France - The French economy experienced a slowdown in growth during the second quarter, an increase of 0.2% after 1% had been achieved in the first,
AGENCY: EFE
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