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Saturday, November 21st, 2009

Posts Tagged ‘ Iceland bailout ’

Misguided Risk Aversion

Nov 21st, 2008 | By Chris Gaffney | Category: Financial News

Bad data pushes investors into US treasuries… Barclay’s says the euro will rally… SNB surprises with a rate cut… Iceland gets their bailout… And Now… Today’s Pfennig!

Tags: aussie dollar, Bailout, Bps, Chris Gaffney, Economic Indicators, euro, global commodity prices, Global Currencies, Iceland bailout, Japanese Yen, Oil Prices, Risk Aversion, SNB, T Bills, U S Treasury, Unemployment Rate, US dollar, Weekly Jobless Claims
Posted in Financial News | No Comments »

Iceland Gets $11 Billion Bailout

Nov 21st, 2008 | By Jason Simpkins | Category: Financial News

Iceland today (Thursday) secured nearly $11 billion in loans from the International Monetary Fund (IMF) and other nations. The bailout will help the island nation stabilize its currency and recapitalize its banks, but it will also saddle its tiny population with a huge debt burden.

Tags: Banking Crisis, Currency Trade, Danske Bank, Danske Bank A/S, Foreign Currency, government bailout, Iceland bailout, Icelandic Krona, International Monetary Fund, Jason Simpkins
Posted in Financial News | No Comments »

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