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DAN BILEFSKY Cyprus on Monday said it was formally requesting a bailout from the European Union in a bid to bolster its struggling banks, making it the fifth euro zone country to request a rescue. The announcement came after weeks of concern that the crisis in Greece and a potential Greek exit from the euro could bring down the economy in the small island nation, whose banks are heavily exposed [...] via AP: A slim victory for the main conservative party in an election in Greece should relax fears that a country will stop using the euro for the first time and possibly unleash global financial turmoil. But when it comes to Greek politics – and European economic policy – it’s never that easy. So the bumpy ride for financial markets isn’t over yet. The conservative New Democracy party, which supports a bailout agreement [...] Euro crisis far from over, stock analysts warn WASHINGTON (AP) — A slim victory for the main conservative party in an election in Greece should relax fears that a country will stop using the euro for the first time and possibly unleash global financial turmoil. But when it comes to Greek politics – and European economic policy – it’s never that easy. So the bumpy ride for financial markets isn’t over yet. The [...] Patrick Henningsen So much water has passed under the bridge of history since the George Washington helped to cut a young nation out of the fraying fabric of the British Empire back in 1776. Although his image is emblazoned on the money we touch every day, most American’s know very little about the country’s First President. The image of our Founding Fathers is so often portrayed as old and grey, but in reality, it was [...] |
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