Sunday, June 26, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Bulls ready to charge into wall of worry (Reuters)

Posted: 26 Jun 2011 09:13 AM PDT

Reuters - A bounce could be the cards for stocks this week as bulls defend a key technical level and portfolio managers buy the quarter's winners to prop up their books.

Greek rebel lawmakers may block austerity (Reuters)

Posted: 26 Jun 2011 07:33 AM PDT

Reuters - A top Greek minister warned that rebel lawmakers may yet block reforms demanded by international lenders, even though parliament should back an overall austerity package in the coming week to prevent the nation going bankrupt.

Interest rates need to rise globally (Reuters)

Posted: 26 Jun 2011 07:14 AM PDT

Reuters - Global interest rates must rise to avoid high inflation becoming entrenched, the Bank for International Settlements said on Sunday.

Greek debt restructure inevitable: PIMCO's El-Erian (Reuters)

Posted: 26 Jun 2011 09:07 AM PDT

Mohamed El-Erian, CEO and Co-Chief Investment Officer of PIMCO, is interviewed at the 2011 The Milken Institute Global Conference in Beverly Hills, California May 2, 2011. REUTERS/Fred ProuserReuters - Greece's sovereign debt restructuring is inevitable, PIMCO co-chief investment officer Mohamed El-Erian said on Sunday, warning the nation's problems could "contaminate" Europe.


"Probably inevitable" a country will exit euro: Soros (Reuters)

Posted: 26 Jun 2011 05:28 AM PDT

Reuters - Billionaire investor George Soros thinks a country will eventually exit the euro zone and urged policymakers on Sunday to come up with a "plan B" that could rescue the European Union from looming economic collapse.

Europe must do more on debt crisis: Geithner (Reuters)

Posted: 24 Jun 2011 02:58 PM PDT

Reuters - Treasury Secretary Timothy Geithner said on Friday that Europe needs to step up efforts to deal with the debt crisis in Greece and other parts of the continent.

Egypt says will not need IMF, World Bank funds (Reuters)

Posted: 25 Jun 2011 09:44 AM PDT

Reuters - Egypt will not borrow from the World Bank and International Monetary Fund after revising its budget and cutting the forecast deficit, even though a loan had been agreed, Finance Minister Samir Radwan said on Saturday.

Amid US gas boom, split over environment risks (AFP)

Posted: 26 Jun 2011 07:21 AM PDT

A sign indicating the location of the Millenium Pipeline buried under a cut in the forest in Hancock, New York, about 140 miles northwest of New York City. The United States is seeing a natural gas boom thanks to discoveries of abundant shale gas, and at the same time a groundswell of opposition from critics who say the environmental risks from drilling are too great.(AFP/File/Stan Honda)AFP - The United States is seeing a natural gas boom thanks to discoveries of abundant shale gas, and at the same time a groundswell of opposition from critics who say the environmental risks from drilling are too great.


Republicans firm on taxes ahead of Obama meeting (Reuters)

Posted: 26 Jun 2011 08:34 AM PDT

Reuters - The Senate's top two Republicans on Sunday stood firm against including tax increases in any deal to raise the debt limit and shrink budget deficits one day before a meeting with President Barack Obama, but said the showdown need not go down to the "11th hour."

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