Another Euro Crisis Looms

San Antonio pipeline operator NuStar Energy LP is the latest energy company to announce major spending cuts to protect itself from a low price oil market. NuStar (NYSE: NS) plans to reduce projected spending this year by about $100 million and possibly.....»»

Airbus boosted its liquidity with a 15 billion euro ($16 billion) expanded credit facility on Monday while suspending its 2020 outlook in response to the coronavirus crisis that has grounded much of the global airlines fleet......»»

A wave of credit rating downgrades in the corporate sector risks deepening a funding crisis for company bosses and spreading it to other markets......»»

Germany plans a half-trillion euro fund to support companies thrown into payments difficulties by the coronavirus crisis, which will have the ability to guarantee liabilities or even inject capital when needed, Der Spiegel reported on Friday......»»

'A Ticking Time Bomb': Coronavirus Crisis Looms In Africa The Covid-19 outbreak has now been confirmed in 30 out of Africa's 54 countries. Bruce Bassett, a data scientist at the University of.....»»

Indian Government Nationalizes 4th Largest Bank As Shadow Banking Crisis Looms Two y.....»»

If you have the advantage of advance notice, use it to get ahead of the issue......»»

Manufacturing PMIs indicate the UK has finally escaped its longest factory slowdown since the financial crisis, while there are signs of recovery in the euro zone too. Julian Satterthwaite reports......»»

At a time when germs are growing more resistant to common antibiotics, many companies that are developing new versions of the drugs are hemorrhaging money and going out of business, gravely un.....»»

Two of Hong Kong's biggest banks on Thursday cut their key benchmark rates in the city, their largest market, which is bracing for its first recession since the global financial crisis following months of protests......»»

3 Polls Show Majority Of Americans Now Support Impeachment As Constitutional Crisis Looms Authored by Michael Snyder via The Economic Collapse blog, The mainstream media is relentlessly trying to convince the American people that P.....»»

Dollar Liquidity Crisis Accelerates As Month-End Nears, Record $92 Billion Demand As month-end looms, demand for d.....»»

Sto.....»»

Argentina's international dollar and euro-denominated bonds fell to record lows on Monday and the official peso diverged from the black market after President Mauricio Macri imposed capital controls on Sunday as the country's debt crisis spirals......»»

Authored by Ian Lyngen via BMO Capital Markets, Today Echoes Great Recession, Euro Crisis & 2016 Election There are moments of inflection in the market when the phrase 'prices have chan.....»»

Brewing no-deal Brexit worries sent the pound sinking towards a two-year low versus the euro and roughed up Irish bonds on Tuesday, while stock markets wilted before what is expected to be the first cut in U.S. rates since the financial crisis......»»

The European Central Bank pushed back the timing of its first post-crisis interest rate hike again on Thursday and said it would continue paying banks for lending in its latest effort to revive a slowing euro zone economy. David Pollard reports......»»

Authored by Mike Shedlock via MishTalk, Italy faces an "Excessive Deficit" ruling, the first in EU history. Italy's response is to revive a parallel currency proposal. A euro crisis has been brewing for years. Eurozone officials.....»»

US equity futures, European stocks the the euro all fell on Tuesday as renewed concern about a fresh clash between Italy’s and Europe over the country's budget overshadowed talks of a Fiat-Chrysler and Renault merger and EU parlia.....»»

US equity futures, European stocks the the euro all fell on Tuesday as renewed concern about a fresh clash between Italy’s and Europe over the country's budget overshadowed talks of a Fiat-Chrysler and Renault merger and EU parlia.....»»