Today Wall Street experienced its worst day of the last two months after investor feeling was attacked by seeing multiple fronts: from the China rate hike until the fall of technology and the pressure on Bank of America to buy back mortgage bonds. On a day that New Yorkers pulled markets with decreases due to the surprising rise in interest [...]

Return to trade after the long weekend that saw the stock market closed yesterday for the Independence Day holiday, occurred in the sign of purchases for the U.S. stock square.Shopping has prevailed since the beginning, with a significant increase for the three indices principalil which at first were not distracted from the disappointment came from the one given macro program [...]

Finance ministers of Twenty-Seven, were meeting in Luxembourg on Monday evening. The European Union has delivered Monday in her web of Penelope: the establishment of a “governance” to hold together the economic course of the crisis. But she still did not defined the content nor the timing or even the actors. The sudden postponement of the appointment Sarkozy-Merkel in Berlin in [...]

One third of Gulf of Mexico waters are closed to fishing because of the oil slick that is coming from Florida, but BP said on Thursday it had achieved some progress in his attempt to stop the leak, playing in the sea millions of gallons of a controversial dispersant. The company managed to cut the pipe through which the oil [...]

After a marathon lasting more than ten hours, the European Union finance ministers have agreed a plan for saving euro may reach 720 billion. The agreement is for 500 billion of EU aid which will add an unspecified number of International Monetary Fund under the Spanish presidency of the EU would reach 220 billion. The fund will not participate in [...]

Caixa Geral de Depósitos (CGD) presented the results yesterday, but fell from 19.4% to 100.1 million euros, ending the list to disseminate results of the five largest banks for the first quarter. Day that also the “heavyweights” of the scholarship EDP, Galp and Portugal Telecom disclose quarterly accounts (do zoom on page 22). The results of five large national banks [...]

The European Commission president played down the risks of infection with the Greek situation in Portugal. Barroso welcomed this Sunday in Brussels, the Portuguese government’s determination and the support given by the PSD. “The situation is very different in Portugal. Moreover, the Portuguese authorities have announced new measures and I welcome the determination of the Portuguese authorities, “he said, according [...]

Chinese President Hu Jintao officially opened the Shanghai Expo 2010. Jintao after the speeches of greeting in front of an audience of Chinese and foreign authorities, including Sarkozy, accompanied by his wife and European Commission President Jose Manuel Barroso, has given way to the show that culminated with a half-hour fireworks . At the big event was also attended by [...]

The Korean Peninsula has entered a period of heightened tension following the probable sinking of a naval unit of the South. The bow of the sloop Cheonan (1,200 tons), split in two on March 26 by a mysterious explosion causing the death of 46 of the 104 crew members, was lifted to the surface Saturday, April 24.