October 11, 2011 | Daily JAM, Morning Briefing |
International Monetary Fund, European Union, and European Central Bank officials wrote in an email this morning that Greece has met their test to receive its next $11 billion in cash in early November. Greece needs this infusion of cash to pay government salaries and pensions.
October 7, 2011 | Daily JAM |
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October 6, 2011 | Daily JAM, Mid Term |
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October 4, 2011 | Daily JAM, Morning Briefing, Short Term |
EuroZone finance ministers meeting in Luxembourg are thinking about reopening the July deal that would have provided a second rescue package for Greece by requiring banks to take a bigger haircut than 21%. At this moment in the crisis that’s regress and not progress.
October 1, 2011 | Uncategorized |
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September 29, 2011 | Daily JAM, Morning Briefing |
By a vote of 523 in favor and 85 opposed the Bundestag approved a measure to enable the European Financial Stability Facility to buy troubled government bonds and to offer precautionary credit lines to banks. It also increased Germany’s guarantees for the facility to 211 billion euros from 123 billion. Enough parliamentary members from Chancellor Angela Merkel’s collation voted in favor to give her a so-called “chancellor’s majority.”
September 28, 2011 | Daily JAM, Videos |
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September 23, 2011 | Videos |
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September 23, 2011 | Daily JAM, Morning Briefing |
For example, China announced today that the national social security fund would invest $1.6 billion in Chinese stocks.
September 22, 2011 | You Might Have Missed |
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September 22, 2011 | Daily JAM |
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September 20, 2011 | Daily JAM, Videos |
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