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Moody’s allays euro sovereign debt fears
Published February 10, 2010, 6:21 am, Money Marketing Online
Fears of a Euro meltdown have spread across the world after investors began turning their backs on the sovereign bonds of indebted Greece. This led more investors to doubt the solidity of other economically weakened nations such as Ireland, Portugal, Italy and Spain.
Panel warns Congress of untenable fiscal path
Published February 10, 2010, 5:35 am, Dallas Morning News
Lawmakers were warned Tuesday that government debt in the United States could drag down the economy and push the country into a debt crisis like the one now gripping Western Europe.
Germany mulls 'firewall' for Greek debt crisis: reports
Published February 10, 2010, 4:44 am, Eu Business
(BERLIN ) - Germany might use loan guarantees to build an EU "firewall" around the Greek debt crisis, press reports said Wednesday, easing market jitters slightly ahead of emergency talks in Brussels.
Europe tries to shore up Greece
Published February 10, 2010, 3:06 am, Washington Post
Mediterranean country and its neighbors seized on low rates that proved risky, now face budget cuts.
Home Capital Reports Record Fourth Quarter and Year-End Results: Net Income Rises 39.4% for the Fourth Quarter; Return ...
Published February 10, 2010, 3:00 am, CNW Group via Yahoo! Finance
Home Capital Group Inc. today announced another quarter of solid growth and record results for the year ended December 31, 2009. The Company's prudent strategies during the current global economic uncertainty have generated robust returns for shareholders and positioned Home for further growth as economic conditions improve.
Indonesia’s Economy Expands at Fastest Pace in a Year (Update2)
Published February 9, 2010, 9:49 pm, BusinessWeek
Indonesia’s economy grew at the fastest pace in a year last quarter as lower interest rates and government stimulus measures spurred consumer spending.
Products Tied to Mortgage Bonds May Face Peril
Published February 9, 2010, 9:20 pm, New York Times
Investors in collateralized mortgage obligations could be in for trouble if interest rates increase, causing a sharp fall in the value of these products.
Greece financial bailout likely, but pain of cuts to follow
Published February 9, 2010, 9:06 pm, Seattle Times
Europe scrambled for ways to prop up Greece's crumbling government finances Tuesday, restoring some stability to this unlikely keystone of the global financial system and sending markets higher around the world.
Indonesia’s Economy Expands at Fastest Pace in a Year (Correct)
Published February 9, 2010, 8:43 pm, Bloomberg
(Corrects fourth-quarter growth in second paragraph.) Feb. 10 (Bloomberg) -- Indonesia’s economy grew at the fastest pace in a year last quarter as lower interest rates and government stimulus measures spurred consumer spending.
Bill could make retrofitting SC homes easier
Published February 9, 2010, 7:26 pm, INO News
(AP:COLUMBIA, S.C.) South Carolina residents could make their homes more energy-efficient with no money down, while also paying lower electricity bills, under a loan proposal that cleared a legislative panel Tuesday.
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