7 Reasons Why Europe's Recent Rally Could Be Short-Lived

With European leaders promising a debt crisis solution by the end of the month and all 17 countries having voted for the expansion of the EFSF, some renewed optimism has recently boosted the euro and European stock markets.

However, Europe's debt situation remains extremely complicated as it into its crucial EU summit on October 23.

Morgan Stanley's Global Currency Research team has outlined some major issues that they think will throw off Europe's path to a final solution.

In fact, they think the recent rally in the euro is just a short-term bear market rebound.  They see the euro at $1.30 in Q4 of this year and $1.25 in Q1 2012.

Please follow Money Game on Twitter and Facebook.
Follow Mamta Badkar on Twitter.
Ask Mamta A Question >

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

A Scary Look At All Of The Recent Airport Security Breaches That Could Have Been Disastrous

  x You have successfully emailed the post.

Security at airports worldwide has been beefed up since September 11th, 2001. Billions of dollars have been spent, thousands of new security guards have been trained, and our collective awareness has been greatly heightened.

But none of that means we've become safer. In the last 10 years, the number one killer of airport security -- basic lapses in individual human judgment -- has meant more than a few close calls for flights around the world. In fact, a report from the Transportation Security Administration stated that over 25,000 people had been involved in security breaches since 2001.

Please follow Business Insider on Twitter and Facebook.

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

Steve Jobs Was Housebound In Recent Weeks (AAPL)

  x You have successfully emailed the post.

News about Steve Jobs is still coming in after the bombshell that he's stepping down as CEO.

Bloomberg is now reporting that Jobs was housebound for the last few weeks, but worked a full day today before his resignation was announced.

The story emphasized that he didn't resign because his condition is suddenly getting worse.

Here's the relevant bit:

The day of the announcement, Jobs was in Apple’s Cupertino, California office for the entire work day, and he attended a regularly scheduled board meeting, according to a person close to Jobs, who was not authorized to speak about the executive’s health. While Jobs has been housebound for the last few weeks and his condition is weak, the resignation was not indicative of a sudden worsening, this person said.

Don't Miss: Actually, Apple Will Be Fine Without Steve Jobs

Please follow SAI on Twitter and Facebook.
Follow Jay Yarow on Twitter.
Ask Jay A Question >

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.