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Posts Tagged ‘issues in Spain’

IMF: “Spain’s Economy Needs Far-Reaching and Comprehensive Reforms”

Posted by Larry Doyle on May 25th, 2010 9:00 AM |

Global markets are down 2-3% overnight. What is going on?

From a military standpoint, all eyes are focused on the Korean Peninsula after North Korea’s admission of sinking a South Korean vessel in late March. How will the world respond? Will the U.S. issue some sort of warning shot across the North Korean bow? Will the international community, and especially those who treasure freedom, rally and aggressively denounce the North Korean’s aggression or will we witness what amounts to a ‘kumbaya’ session?

From an economic standpoint, all eyes are focused on the Euro-zone where fiscal pressures remain elevated. Today the focus is Spain. (more…)






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