Euro Area Banking Rules Softened at EU Summit

June 29, 2012 0

Brussels, Belgium Following 13 hours of late night negotiations at the 2 day European Union Summit in Brussels, the 17 leaders from the Euro area agreed to soften recapitalization EU banking rules to help contain Italy’ s and […]

Google’s Nexus 7 Tablet and Project Glass Unveiled

June 28, 2012 0

 San Francisco, CA Yesterday Google held their annual conference for developers and unveiled their new 7 inch tablet, the Nexus 7, during a conference at Google I/O that featured sky divers, stunt bikers and professional adventure seekers rappelling down the side […]

Merkel Ends Speculation About Eurobonds Ahead of EU Summit

June 27, 2012 0

Merkel and Hollande German Chancellor Angela Merkel bluntly told German law makers on Tuesday that Europe would not share debt liability for debt “as long as I live”, removing any speculation that Germany may be open to sharing some of the heavy debt […]

Rome Summit: Adopting a Growth Plan for Euro Area

June 25, 2012 0

On Friday leaders of France, Germany, Italy, and Spain met together in Rome for a brief summit and agreed to promote a plan to boost economic growth across the euro area. The leaders also discussed agenda items for the 27 member countries that will […]

Islamist Mohammed Morsi gains victory in Egypt’s election

June 24, 2012 0

Mohammed Morsi of the Muslim Brotherhood won Sunday’s presidential runoff in Egypt, alleviating fears of massive rioting on the streets  in Cairo but setting the stage for the largest Arab country to potentially face more political confrontations between Islamists and secular military supporters who […]

Influential Euro Zone Leaders Meet in Rome Ahead of EU Summit

June 22, 2012 0

Rome, Italy Leaders from Germany, France, Italy and Spain will meet today in Rome for a one day summit to discuss common ways to contain the euro zone crisis and address new solutions in advance of next week’s pivotal EU Summit. Chancellor Angela Merkel from Germany will […]

Fed Extends Operation Twist

June 21, 2012 0

Washington D.C Federal Reserve Chairman Ben Bernanke announced on Wednesday  that the Federal Reserve will extend  Operation Twist through the remainder of 2012 to lower long term borrowing costs and help boost the U.S. economy. Operation Twist involves the Central Bank purchasing long term treasury securities (bonds) […]

Microsoft’s Surface Tablet Uncovered

June 19, 2012 0

Microsoft Surface Yesterday in Los Angeles Microsoft unveiled a new tablet called Surface to better compete with Apple’s dominant i-Pad which has increasingly taken market-share away from the PC market and Microsoft’s established software business. Microsoft CEO Steve Ballmer […]

Greece Elects Pro-Bailout Party

June 17, 2012 0

Greece’s conservative party New Democracy gained a victory over leftist Syriza party in Sunday’s Greek elections, alleviating fears of a Greek exit from the euro zone and restoring confidence that Greece will remain committed to its bailout package. Greece held its second […]

Greek Election Outcome Could Strain European Union

June 17, 2012 0

Greeks will head to the polls later today for their second parliamentary election since May in a closely watched p0litical contest that will leave a lasting imprint on Greece’s willingness to accept austerity measures from an international bailout package. Euro zone leaders […]

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