Euro Crisis Forces Change On Russia

While the euro zone stands on the precipice of financial disaster, Russia looks on with a safely balanced budget, very little debt, a steady ruble — and a shudder of fear. Russia’s economy relies on oil — 60 percent of gross domestic product — and a deep recession in Europe would drastically slash demand and price, forcing major cuts in government spending and threatening to provoke widespread social protest.

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ASK NEWS:
  • Varoufakis warns Spain could ‘become Greece’ - Manila Bulletin
    ... with unorthodox ideas about the euro and ... — forces a change of course on the economy after the election, Spain could plunge back into ...
    08/2/2015 - 5:17 am | View Link
  • The political bankruptcy of Syriza’s Left Platform - World Socialist Web Site
    ... of an €86 billion euro zone ... the bankruptcy of forces, such as ... was to appeal to Syriza to change its ... and internationally, is ...
    08/1/2015 - 3:04 pm | View Link
  • Don't count out the euro - Business Insider
    The Currency Cage Match - LewRockwell.com
    08/1/2015 - 2:52 pm | View Link
  • Greece's Current High-Wire Act - Huffington Post
    ... a crisis of self-consciousness that went beyond the question of "euro ... of power around which the forces of ... of the Speaker and the ...
    07/31/2015 - 3:22 pm | View Link
  • The New Silk Road, A Chinese-style “New Deal”. The Economic and ... - Global Research
    ... to an exit from the crisis [6 ... it will be based on a balance of forces. ... let’s measure the change underway ... a triple interface: ...
    07/31/2015 - 10:54 am | View Link
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BING NEWS:
  • Varoufakis warns Spain could 'become Greece'
    Varoufakis, an economist with unorthodox ideas about the euro and Greece's debt ... ally of Greece's ruling Syriza -- forces a change of course on the economy after the election, Spain could plunge back into crisis. Asked about the Spanish government's ...
    08/1/2015 - 10:28 pm | View Link
  • The world gears up for a surge in the US dollar
    Nor can the euro mount a challenge when the ECB appears politically hampered from dispensing cash in a crisis. In the words ... “never reason from a price change”. What matters is not a currency’s price, but the forces driving it.
    08/1/2015 - 10:26 pm | View Link
  • Don't count out the euro
    In recent years the contest has become a blowout, with the Dollar pummeling the Euro into apparent submission. Based on the turmoil created by the European Debt Crisis and the continuing ... As a result of these forces, the Euro first fell to below parity ...
    08/1/2015 - 8:02 pm | View Link
  • Calais goes UP IN FLAMES: Migrants fight to get into UK as ferry workers block harbour
    “If in a crisis to make sure we’ve actually got the manpower to check lorries coming in to stop people illegally coming to Britain if in those circumstances we can use the army or other forces then ... had spent 13 million euro (9.2 million) in the ...
    08/1/2015 - 11:19 am | View Link
  • Calais Migrant Camp Crisis
    Recent months' reports suggest that 400 migrants are attempting to get across the tunnel every night, with this week apparently seeing a change of tactics and the different ethnic groups from within the camp combining forces and mounting mass attempts to ...
    07/31/2015 - 12:58 am | View Link
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BING SEARCH:
  • European debt crisis
    The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has been taking place ...
    08/4/2015 - 1:00 pm | View Website
  • United States debt-ceiling crisis of 2011
    The United States debt-ceiling crisis of 2011 was a stage in the ongoing political debate in the United States Congress about the appropriate level of government ...
    08/4/2015 - 5:07 am | View Website
  • European Debt Crisis: Indicators, Analysis & Map
    Follow the European Sovereign Debt Crisis with economic statistics, financial & economic indicators. Get today's Euro Zone news, market quotes & analysis.
    08/3/2015 - 3:10 pm | View Website
  • United Nations News Centre
    UN News Centre – Official site for daily UN news, press releases, statements, briefings and calendar of events. Includes UN radio, video, webcasts, magazines ...
    08/3/2015 - 12:46 pm | View Website
  • Media Call: Greek Debt Crisis
    Senior fellows from the Council on Foreign Relations break down Greece's referendum on a European bailout package. Voters rejected a deal that would have imposed ...
    08/3/2015 - 7:39 am | View Website
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