Bloomberg reported that European leaders signaled rising confidence that their region’s crisis is near an end, while Fed Chairman Ben S. Bernanke warned that a U.S. recovery isn’t assured.
The euro area’s woes are “almost over” after a slow initial response by policy makers, Italian Prime Minister Mario Monti said in Tokyo. German Chancellor Angela Merkel said that the crisis is ebbing and her country’s borrowing costs will probably rise as its status as a haven wanes, Bloomberg noted.
In an interview, Bernanke is quoted by Bloomberg as saying, “it’s far too early to declare victory.” The jobless rate remains too high and policy makers don’t rule out further options to boost growth.
To read the full Bloomberg article click here.
No tags available
A few weeks ago I was lucky enough to attend my first spring training event. I watched the New York Mets play their home opener against the Detroit Tigers in Port St. Lucie, Florida. It was so much fun. Traditions... read more
One of the more controversial topics in leasing is the enforcement of an automatic renewal, or evergreen, clause in a document entitled “Lease Agreement.” The typical automatic renewal clause will state something like the following: “If no default exists under... read more