Governments in Athens, Madrid and Lisbon struggled on Friday to quell fears of a looming debt crisis in Europe that is pummeling the euro and rippling across global markets, as authorities vowed to impose fiscal austerity and plug their yawning budget deficits. The problem, however, is that investors don’t appear to believe them.
Senior officials at [...]
Posts Tagged ‘investor’
Debt crisis unsettles European economy
February 7th, 2010 by Financial Writer
Tags: borrowing, debt crisis, european economy, financial reckoning, investor, us exporters
more...Warren Buffett: The financial panic is over
November 13th, 2009 by Financial Writer
Capitalism is still alive and well, say the world’s two richest men, despite lingering shocks from the longest, deepest recession since the Great Depression.
“The financial panic is behind us,” said famed investor Warren Buffett, who recently made what he called an “all-in wager” on the U.S. economy by acquiring railroad Burlington Northern Santa Fe. “The [...]
Tags: american businesses, financial panic, investor, us economy, warren buffett