Showing posts with label European. Show all posts
Showing posts with label European. Show all posts

Sunday, February 12, 2012

European Markets Go Nuts As EFSF Ratification Looks Assured

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Sunday, October 2, 2011

10 Stunning European Soccer Arenas That Put American Stadiums To Shame

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Earlier this month, the ultra-modern Juventus Stadium opened in Turin.

It is just the latest in a line of unique, boundary-pushing European soccer arenas that have been built in recent years.

These stadiums are consistently more interesting than their gray, bland American counterparts.

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Saturday, October 1, 2011

BON APPETIT: 10 European Delicacies That Face Bans In The U.S.

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Europe is renowned for gastronomical finesse. Sampling the specialties of the continent can be wonderful providing that proverbial party in your mouth.

Sadly, not every dish can make it across the Atlantic in perfect form. There are rules, you see. Some of Europe's most celebrated (or notorious) delicacies have to be modified before they reach American mouths. Other are banned completely.

There's no doubt that if you dig hard enough you'll be able to find some of this stuff in the U.S., but, nevertheless, here's 10 European delicacies that face bans in America.

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TODAY'S EUROPEAN CHAOS: Bank Downgrades, Talk Of Eurobonds, Market Turbulence

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Another wild day in Europe so far.

Moody's kicked things off with an expected downgrade to Societe Generale and Credit Agricole. BNP Paribas declined over 4% after the company announced a plan to sell $95 million in assets to raise its Tier 1 capital ratio 9% by 2012.

European Commission President Jose Manuel Barroso provided some good news in the past hour with plans to present options for the introduce eurobonds. Barroso offered this inspirational speech via Reuters: "This is a fight for the jobs and prosperity of families in all our member states. This is a fight for the economic and political future of Europe. This is a fight for what Europe represents in the world. This is a fight for European integration itself."

UPDATE: Nicolas Sarkozy is said to have promised to do everything to save Greece. European markets and the euro rallied on this headline.

European markets are up nearly 1% after lots of turbulence.

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Sunday, September 18, 2011

China Just Gave A $1 Billion Loan To A Troubled European Country

Belarus.

Rather than bailing out Italy as markets hoped last week, China gave a $1 billion loan to Belarus, along with grants and building contracts, according to the AFP:

A statement said Wu Bangguo also announced agreements to build a communications satellite, a paper factory and a hotel in Minsk in a meeting with leading members of the Belarus parliament.

"The Chinese government has taken the decision to accord Belarus a preferential loan of one billion dollars for the realisation of joint projects, as well as a grant of 70 million yuans," the statement quoted Wu as saying.

He also said China gave Alexander Lukashenko's iron-fisted regime full backing for its stance on domestic and international questions and its resistance to foreign meddling.

Giving money to this hyperinflation-suffering Eastern European dictatorship will have little impact on markets. The IMF has refused to offer money to Belarus until the country agrees to reforms. Instead China buys favors and contracts in a poor country, as they have done in developing nations around the world.


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Thursday, September 15, 2011

The 20 Greenest European Capital Cities

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The Economic Intelligence Unit (EIU) has recently come up with a Green City Index for every continent. They also took time to assess the capital cities of Europe, they came up with the following list.

Each city was assessed based on 30 indicators divided into eight subcategories: Carbon dioxide emissions, energy, buildings, transportation, water, air, waste/land use and environmental governance.

We've also thrown in a couple of fun facts about the cities' environmental policies and initiatives for you.

NB: The Green City Index included Zurich, rather than Bern, as the city to represent Switzerland. Since we don't want to be making stuff up, we're going to include it instead of Bern too.

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Tuesday, September 13, 2011

The 20 European Countries Who Drink The Most Beer

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germanbeergirl.jpgMost people don't like drinking alone, so, in which European countries can you be assured of company when you're enjoying a cold one?

Have a look at this list and you can work out which European nation is drinking the most per capita.

We've also thrown in the number of breweries in each country and the tax revenue they generate. (nb. this only represents breweries associated with the Brewers of Europe and not independent brewers).

There's certainly some surprising stats in there. Can you guess who's at number one?

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Sunday, September 11, 2011

Euro Tanking, And European Equities Sliding Again After A Huge Day Of News

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Thursday was a huge day around the world, with Obama's jobs speech, Bernanke's speech, Trichet's tirade, and some mediocre data, not to mention a new 9/11 terror threat.

Anyway, markets aren't so hot. The big European indices are off somewhere in the neighborhood of -.5%, give or take 0.1%.

US futures actually remain higher at the moment, and gold continues to rally.

The euro is down notably, below $1.39.

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Thursday, September 1, 2011

European Soccer Teams Spent $2 BILLION On Players Alone This Summer

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Deliotte estimates that first-division clubs in England, Spain, and Italy spent nearly $2 billion on player transfers this summer.

England led the way, with the 20 EPL teams spending $790 million combined — a 33-percent increase from last year.

Five clubs — Manchester City, Manchester United, Chelsea, Liverpool, and Arsenal — accounted for two-thirds of the league's total bill.

The transfer window closed yesterday at 11 p.m., meaning no more players can be bought or sold until January.

Click here for some more wild Premier League facts. >>

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Wednesday, August 31, 2011

European Markets Are On A Big Late Rally

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European Social Media Powerhouse Wikio Changes Name And Focus, Raises Big Round

  x You have successfully emailed the post. Wikio Group, the European social media powerhouse, has a big announcement this morning. It's changing its name and focus and is raising almost $25 million. 

Wikio is a rollup of social media properties by Pierre Chappaz, who previously sold price comparison engine Kelkoo to Yahoo for over $400 million.

The company started out as a Digg-like aggregator but it seems that, as in the US, the aggregator model never broke past a niche appeal to bloggers and tech early adopters. Wikio also acquired Overblog, a popular free blogging service, and announced a plan to start a Demand Media-like product.

Now Wikio is changing its name to Ebuzzing, the social media marketing company it bought and which brought in the lion's share of its business. Ebuzzing brings together brands and bloggers for advertising and promotions. It seems that Wikio (now Ebuzzing) is turning itself into a social media advertising network. 

The pivot was probably at least partially brought on by Google's search algorithm revamp, which cut Wikio's traffic in half.

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