Antonis Samaras News
Election 2012: Obama's Top 8 Post-Election Economic Issues
Now that the anticipation of the presidential election is behind investors' minds, the next hurdle of uncertainty is the fiscal cliff and Europe. Stocks are reaching lows not reached in months. The forecast for the European economy is gloomy, and Americans are anticipating gridlock over impending
Dow Suffers Worst Drop of the Year
The Dow Jones Industrial Average had the biggest point drop since November 2011. The Dow closed at 12,932.73, down 312.95 points, or 2.4 percent. The S&P 500 also dropped 2.4 percent to 1,394.54 while the Nasdaq Composite fell 2.5 percent to 2,937.29. Stocks opened lower...
Police on Alert As Merkel to Visit Greece
German Chancellor Angela Merkel brings her tough-talking advocacy for austerity to ground zero of the European debt crisis Tuesday, and police in Athens are so nervous they are employing as many security measures as they would for a visit by a U.S. president. Police have...
Apple-Samsung, Split-Court Verdict on Patents
Morning Business Memo It’s a draw. A court in South Korea has ruled that Apple and Samsung both infringed on each others’ patents. The decision comes as a global fight between the two tech rivals is played out in legal cases across the globe. The...
The Global Note: Turkey & Syria…Terror Alerts…The Queen In Northern Ireland…Olympic Inspiration
SYRIA -A WARNING FROM TURKEY…As the crisis with Syria over the downing of a Turkish warplane showed no sign of easing, Turkish Prime Minister Recep Tayyip Erdogan, issued a blunt warning to Damascus: Don’t push us too far. “Every military element that approaches the Turkish...
Political Football: Greece Takes On Germany
Greece will wiggle itself out from under Germany’s boot heel for at least 90 minutes today, as the international spotlight shifts from the Eurozone’s hottest fiscal feud to an unlikely European Championship quarter-final soccer match in Gdansk, Poland. Victory against the heavily favored German ...
States Facing Public Pension Crisis
Morning Business Memo… Public pension pain… and it’s been getting a whole lot worse . A new report reveals the depths of the funding crisis in many states. Pew’s Center on the States says few states have enough money in their public retirement systems to...
Greek Vote No Doomsday For The Euro
Morning Business Memo: The doomsday event has been avoided for the euro, at least for now. Things could have been a lot uglier today on financial markets. Voters in Greece ended months of political stalemate by narrowly backing pro-bailout parties in the election. The result...
The Global Note: Syria’s “Disaster”…Berlusconi On The Ropes…Sarkozy Calls Netanyahu a “Liar”…Gay Penguins
SYRIAN “DISASTER” -CRIES FOR HELP…The opposition Local Coordination Committees are pleading for help from the international community, to stop what it says is a humanitarian crisis in and around the city of Homs, which has been under siege by Syrian security forces. Government troops appear...