“A mounting crisis at one of Portugal’s biggest banks and signs of a deepening economic slowdown in Europe have sent tremors through financial markets, triggering a sharp fall on European bourses and a flight to safety across the world. Portugal’s regulator suspended trading of Banco Espirito Santo after its share price crashed 17pc in Lisbon, reviving worries about the underlying health of Europe’s banks. Data released on Thursday showed that industrial output for May fell 1.7pc in France and 1.2pc in Italy. It has fallen for three months in a row in Germany, hit by Russia’s recession and weakness in China and Japan.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Egypt Ambassador: Objective of Crackdown 'Wasn't to Use Massive Force'
Feds sending free mobile phones to dead people: congressman
U.S. sends anti-missile destroyer near North Korean coast
Obamacare-nullifying bill to be introduced in Virginia
First-ever cyberattack on US election points to broad vulnerabilities
Bank of England helped the Nazis to sell plundered gold
Pacific Group to Convert 1/3 of Hedge-Fund Assets to Gold
A war the Pentagon doesn’t want
Australian spies participating in global deal to tap undersea cables
Washington Park officer accused of 'tasing' handcuffed women
The sun is setting on dollar supremacy, and with it, American power
India Department of Post to stop gold coin sales
No compensation for innocent man who lost spleen in SWAT raid
Declassified Documents: NSA Spied On MLK Jr., Senators, Journalists
World Health Organization: Daily sugar intake 'should be halved'