Posts Tagged ‘fiscal woes’

IMF cuts economic growth forecast for South Korea

Citing escalating fiscal woes in the euro zone, the International Monetary Fund (IMF) lowered its growth forecast for the South Korean economy this year. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Spain’s 10-year bond yields reach above 7 percent

Nathan Andrada – Fourth Estate Cooperative Contributor Madrid, Spain (4E) – After going up as high as 7.108 per cent, Spain’s 10-year government bond yield finished Monday at 7.06 per cent. The rise to the 7 per cent level is regarded as unsustainable by many economists and this comes ahead of a summit by eurozone […]