Archive for November 25th, 2011

New Overnight Developments Abroad - Daily Update

A Sense of No Hope for the Euro

November 25, 2011

Investors are betting that European and U.S. politicians have no more tricks up their sleeve. Fitch downgraded Portuguese debt, and Moody’s did the same for Hungarian debt.  ECB officials aren’t budging on their insistence that fiscal policymakers, not they, must solve the euro crisis.  Portuguese street protests against budget cuts persist.  The euro lost another […] More