Posts Tagged ‘Portugal’
Monday, January 10th, 2011
MONDAY
- Portugal promises to pay you a handsome 7% interest rate if you lend it some money by buying a bond. Of course, the country may go bankrupt trying to pay you back. (BBC News)
TUESDAY
- Economic growth in China, U.S., France, and Japan may lead the way to a good year for the rest of the world. (The Wall Street Journal)
WEDNESDAY
- Whew! Portugal doesn’t have to bribe bond buyers with handsome rates after all. European markets stop freaking out about a potential bailout. (The Washington Post)
THURSDAY
- Mother nature shows interest in finance, dumps water on Australia. Flooding could cost the country up to 1% in economic growth this year! (BBC News)
FRIDAY
- You’re not the only one who should be worrying about your credit score – because of rising debt, the U.S. may lose its sparkling AAA credit rating. (The Wall Street Journal)