Word: euros
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...cellar," says economist Marc Touati, director general of research and strategy group Global Equities in Paris. Touati adds that recent developments - including American and European bail out plans for banking and financial systems valued together at over $4 trillion and the drop in oil prices and value of the euro - have given markets lots of reason to be bullish big time. "But they're are acting like spoiled kids throwing a tantrum: They've gotten gifts and excessive daily attention, but they just rant harder. Let's leave them a bit to work through it, calm down, and get back...
...economic glass as half full or empty almost daily. When investors eventually return to reasoned trading, some observers think, the wider picture won't be as dark as many people expect. Touati notes, for example, the rescue plans, rate cuts, drop in oil prices, and fall of the euro are all positive developments for businesses. The downward pressure on stock prices across the board, meanwhile, suggests speculative markets are already factoring in anticipated declines in company results as the economy slow down. In other words, Touati says, a lot of the pain now being felt prepares the gain...
...PARIS, FRANCE Crash Diet Wrapped in a brown apron as he greets visitors with a warm, booming voice, François Bonduel owns the kind of Parisian restaurant beloved by tourists and locals alike. But these days - with the euro still strong and economies seizing up around the globe - the foreign visitors that typically make up a third of Bonduel's clientele have been thinning out and spending less. To make matters worse, many French visitors to his restaurant, Au Bon Saint-Pourçain - a stone's throw from the Saint-Sulpice church in Paris' tony sixth arrondissement...
...amid the shocking developments of the past few months, the dollar has surprisingly gained strength. It has rallied more than 16% against the euro since its trough in early July and made impressive advances against the Australian dollar, South Korea's won and other currencies. There's a fairly simple explanation for this: it's not that people want to own dollars, its just that they want to own the alternatives even less. There's certainly nothing mysterious about the dollar's recent strength against the euro. Between July 1, 2006, and July 1, 2008, the dollar lost 19% against...
Paris, France Wrapped in a brown apron as he greets visitors in a warm, booming voice, François Bonduel owns the kind of Parisian restaurant beloved by tourists and locals alike. But these days - with the euro still relatively strong and economies seizing up around the globe - the foreign visitors that typically make up a third of Bonduel's clientele have been thinning out and spending less. To make matters worse, many French visitors to his restaurant, Au Bon Saint-Pourçain - a stone's throw from the church of St. Sulpice in Paris' tony sixth arrondissement...