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:
  • A view from Athens: anger, cynicism and indecision over Alexis ... - New Statesman
    ... that brought the weight of the crisis onto wage ... “It [is] a shame the popular forces that ... – the young man who was going to change ...
    09/4/2015 - 9:16 am | View Link
  • Violence dims prospects for peace in Ukraine - Reuters UK
    Insight - Street violence in Kiev dims prospects for peace effort in ... - Reuters Africa
    09/3/2015 - 12:40 pm | View Link
  • Serbia Goes Ahead With Military Drill With Russia - Turkish Weekly
    Russia, Belarus, Serbia conduct military drill to fight protesters - UPI
    09/2/2015 - 8:32 am | View Link
  • China Shock Boon for This Hedge Fund That Bets on Volatility - Washington Post
    China Shock Boon for This Hedge Fund That Bets on Volatility - Bloomberg
    09/2/2015 - 4:03 am | View Link
  • Recap: Stock Markets Rocked by Weak China Data - Wall Street Journal
    ... witnessed during the financial crisis or dotcom ... even more sharply, at 3.03%.The euro, which in ... far, Mr. Freedman said he sees no ...
    09/1/2015 - 4:47 am | View Link
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BING NEWS:
  • Nomura: Euro Rate Predictions
    A quick foreign exchange market summary before we bring you the rest of the report: The Euro to British Pound exchange rate: EUR/GBP converts at 0.732 (-0.002 change from yesterday ... You don’t know where the next crisis is coming from, where the ...
    08/25/2015 - 10:24 pm | View Link
  • Was the Euro a Good Idea?
    With the Greek eurozone membership crisis on the back burner for now ... In June, the year-over-year change in the personal consumption expenditures (PCE) price index was 0.3%. The year-over-year change in the core PCE price index, which excludes food ...
    08/23/2015 - 1:48 pm | View Link
  • The Crisis Is About the Euro, Not Just Greece
    Maybe the crisis is about the idea of the euro ... and as continued technological change made currency markets seamless to consumers, EU nations with their own sovereign currencies have seen no disadvantage in being outside of the monetary union.
    07/12/2015 - 8:09 am | View Link
  • Twilight of the Euro Welfare State?
    producing a crisis that forces action? The markets don’t know, but they rely in the meantime on the European Central Bank to sustain investor confidence in French, Spanish and Italian debt. Yet at any moment that intuition could change, forcing the ECB ...
    07/7/2015 - 12:29 pm | View Link
  • On The Verge Of Another Euro Crisis?
    Europe feels like it could be on the verge of a crisis. Yesterday's violent killings at the Charlie Hebdo newspaper offices in Paris did nothing to change that feeling. "I think there's lots of turmoil ahead," said Drache, who I called to talk about ...
    01/9/2015 - 7:40 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 ...
    09/4/2015 - 10:53 pm | View Website
  • Causes of the Debt Crisis — Global Issues
    This page looks at the geopolitical, political and economic context in which the current third world debt crisis came about.
    09/4/2015 - 8:30 pm | View Website
  • What Is the Greece Debt Crisis? Latest News Explained
    The Greece debt crisis is a clash between the Eurozone's monetary and political system. Here's news, causes, and consequences.
    09/4/2015 - 12:27 am | View Website
  • Greek government-debt crisis
    The Greek government-debt crisis (also known as the Greek depression) started in late 2009. It was the first of five sovereign debt crises in the eurozone – later ...
    09/3/2015 - 8:06 am | View Website
  • The Crisis of the Seventeenth Century
    Edition used: Hugh Trevor-Roper, The Crisis of the Seventeenth Century: Religion, the Reformation and Social Change (Indianapolis: Liberty Fund, 2001).
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