Tag Archives: Italy

How Long Before Cash Transactions Are Illegal?

Posted on January 18, 2012 by DRenegade
Posted in Editorial, Financial | Tagged , , , , | Comments Off on How Long Before Cash Transactions Are Illegal?

This Won’t Be Pretty on Monday Morning

Posted on January 13, 2012 by DRenegade

Will this be the last straw to decouple gold from the stock market? Unless some very strong measures are finalized over the weekend, next week’s financial markets may become a bloodbath. David DeGerolamo S&P Cuts Credit Ratings for Nine Euro … Continue reading →

Posted in Editorial, Financial | Tagged , , , , , , , , , , , , | Comments Off on This Won’t Be Pretty on Monday Morning

Egan-Jones Cuts Italy To Double-B From Double-B-Plus

Posted on November 28, 2011 by DRenegade

Egan-Jones Ratings Co. cut the sovereign debt rating of Italy to double-B from double-B-plus, the company confirmed Monday. The downgrade came as Italian bond yields have soared in recent weeks, which could have long-term repercussions on the country’s ability to … Continue reading →

Posted in Editorial, Financial | Tagged , , | Comments Off on Egan-Jones Cuts Italy To Double-B From Double-B-Plus

U.S. Stock Futures Extend Losses After Italy Cut

Posted on September 19, 2011 by DRenegade

S&P Downgrades Italy; Euro, Futures Tumble The negative outlook reflects Standard & Poor’s view of risks to the Italian government’s fiscal targets over 2011-2014, as well as the uncertainties on the timely implementation of growth-enhancing reforms. In our view, these … Continue reading →

Posted in Editorial, Financial | Tagged , , , , , , | Comments Off on U.S. Stock Futures Extend Losses After Italy Cut

Italy Downgraded by Standard & Poor’s

Posted on September 19, 2011 by DRenegade

While the media has focused the world’s attention on the economic collapse of Greece, Standard & Poor’s has downgraded Italy’s credit rating. If Italy falls, the exposure to France’s banking institutions will affect the entire European Union. David DeGerolamo Italian downgrade … Continue reading →

Posted in Editorial, Financial | Tagged , , , , , , | 1 Comment

Don’t Look at Greece, Look at Italy

Posted on September 12, 2011 by DRenegade

The impending economic collapse about to occur in Greece has been responsible for the sharp decline in European stock markets. In an effort to redirect the world’s attention, the Italian economic situation became the main news story today. Whether Greece … Continue reading →

Posted in Editorial, Financial | Tagged , , , , | Comments Off on Don’t Look at Greece, Look at Italy