Grexit would be ugly and costly
www.euronews.com Europe's banks are scrambling to make sure they are prepared for a Greek exit from the eurozone. They would take...
[LESS INFO] 0 VIEWS | ADDED 16:56:13 05/23/12
Grexit would be ugly and costly
www.euronews.com Europe's banks are scrambling to make sure they are prepared for a Greek exit from the eurozone. They would take a big direct financial hit from that, but experts have said the real worry is that Greece would the first of the dominos, to be followed by Portugal, Ireland, Spain and Italy. The return of the drachma - which would immediately be massively devalued against the euro - means Greeks would not be able to repay foreign loans. Philippe Waechter - Director of Economic Research at NATIXIS told euronews: "Even though Greece is not a very big part of the euro area economy (GDP), if it left there would be shock waves and it would create a new situation; it would change the balance of power within the EU; so the question is - would the cost of Greece leaving (the eurozone) be greater or less than the cost of Greece staying in?" At the end of last year, European banks had total exposure to Greece of around 80 billion euros. French banks stand to lose most. Credit Agricole heads the list as it owns Emporiki Bank whose customers have nearly 19 billion euros in outstanding loans. Some economists feel that the European Central Bank's role has to change to prevent contagion spreading from Greece to other weaker eurozone countries. One suggestion is that the bank could become a lender of last resort, like the Federal Reserve in the United States. With most of Greek's private creditors having taken heavy writedowns as part of the country's second, 130 billion ... From: Euronews Views: 421 8 ratings Time: 01:18 More in News & Politics
Grexit would be ugl...
1 Views 16:56:13 05/23/12
Grexit would be ugly and costly
www.euronews.com Europe's banks are scrambling to make sure they are prepared for a Greek exit from the eurozone. They would take...
[LESS INFO] 1 VIEWS | ADDED 16:56:13 05/23/12
Grexit would be ugly and costly
www.euronews.com Europe's banks are scrambling to make sure they are prepared for a Greek exit from the eurozone. They would take a big direct financial hit from that, but experts have said the real worry is that Greece would the first of the dominos, to be followed by Portugal, Ireland, Spain and Italy. The return of the drachma - which would immediately be massively devalued against the euro - means Greeks would not be able to repay foreign loans. Philippe Waechter - Director of Economic Research at NATIXIS told euronews: "Even though Greece is not a very big part of the euro area economy (GDP), if it left there would be shock waves and it would create a new situation; it would change the balance of power within the EU; so the question is - would the cost of Greece leaving (the eurozone) be greater or less than the cost of Greece staying in?" At the end of last year, European banks had total exposure to Greece of around 80 billion euros. French banks stand to lose most. Credit Agricole heads the list as it owns Emporiki Bank whose customers have nearly 19 billion euros in outstanding loans. Some economists feel that the European Central Bank's role has to change to prevent contagion spreading from Greece to other weaker eurozone countries. One suggestion is that the bank could become a lender of last resort, like the Federal Reserve in the United States. With most of Greek's private creditors having taken heavy writedowns as part of the country's second, 130 billion ... From: Euronews Views: 482 8 ratings Time: 01:18 More in News & Politics
Coyote Goalie Mike ...
0 Views 11:39:10 05/23/12
Coyote Goalie Mike Smith Loses His Glove 5/22/12
Mike Smith loses his glove trying to cover up and survives the scramble afterwards. From: NHLVideo V...
[LESS INFO] 0 VIEWS | ADDED 11:39:10 05/23/12
Coyote Goalie Mike Smith Loses His Glove 5/22/12
Mike Smith loses his glove trying to cover up and survives the scramble afterwards. From: NHLVideo Views: 319 8 ratings Time: 00:32 More in Sports
Investigation: Bett...
0 Views 22:11:58 05/22/12
Investigation: Better Cell Service Costing Climbers Lives
A joint report by ProPublica and PBS Frontline investigates how clamoring for better cell service and f...
[LESS INFO] 0 VIEWS | ADDED 22:11:58 05/22/12
Investigation: Better Cell Service Costing Climbers Lives
A joint report by ProPublica and PBS Frontline investigates how clamoring for better cell service and faster speeds is costing climbers' safety. The death toll peaked as users were scrambling for 3G, so what will happen with the push to 4G LTE? From: mashable Views: 208 5 ratings Time: 01:38 More in News & Politics
Facebook Vs Google:...
1 Views 23:41:27 05/18/12
Facebook Vs Google: Who Got IPO Shares?
Via Reuters: "The scramble for shares in what is one of largest initial public offerings in US history quickly divided th...
[LESS INFO] 1 VIEWS | ADDED 23:41:27 05/18/12
Facebook Vs Google: Who Got IPO Shares?
Via Reuters: "The scramble for shares in what is one of largest initial public offerings in US history quickly divided the haves from the have-nots on Thursday. Those with big brokerage accounts and a long history as customers of Wall Street firms likely got at least part of their orders for Facebook shares filled, but would-be buyers who had no such ties were lucky to get any...Google, whose founders made "Don't be evil" a core principle, in 2004 issued its stock through a more transparent process known as a modified Dutch auction. Underwriters gathered bids from investors regardless of their connections or size of their portfolios. That created more of a level playing field for potential investors. Google's shares were priced at $85, climbed to $100 on Day 1 and are now trading at about $623. Facebook is selling its shares through a traditional Wall Street IPO, a more subjective process, one managed by investment bankers...".* The Young Turks Cenk Uygur breaks it down on The Young Turks. *Read more from Joseph A. Giannone: www.reuters.com Subscribe to The Young Turks: bit.ly Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Facebook: www.facebook.com Twitter: twitter.com From: TheYoungTurks Views: 16588 591 ratings Time: 03:37 More in News & Politics
Eagleheart: Oatmeal...
0 Views 17:41:46 05/18/12
Eagleheart: Oatmeal and Gunshots
Chris and Brett comfort Susie and a gentleman at the diner is given scrambled eggs with a side of bullet holes. From: ad...
[LESS INFO] 0 VIEWS | ADDED 17:41:46 05/18/12
Eagleheart: Oatmeal and Gunshots
Chris and Brett comfort Susie and a gentleman at the diner is given scrambled eggs with a side of bullet holes. From: adultswim Views: 161 2 ratings Time: 00:43 More in Entertainment
Free Ride Enduro - ...
0 Views 21:12:26 05/17/12
Free Ride Enduro - Hard Enduro Flanker
Watch the first live broadcast of a Hard Enduro as we bring the Red Bull Hare Scramble, the final chapter of the Erzberg R...
[LESS INFO] 0 VIEWS | ADDED 21:12:26 05/17/12
Free Ride Enduro - Hard Enduro Flanker
Watch the first live broadcast of a Hard Enduro as we bring the Red Bull Hare Scramble, the final chapter of the Erzberg Rodeo at RedBull.com Subscribe: www.youtube.com From: redbull Views: 26307 730 ratings Time: 02:48 More in Sports
Lei shortage in Hawaii
0 Views 19:32:25 05/16/12
Lei shortage in Hawaii
Hawaii lei vendors scrambling to fill lei demand. From: kitvtv Views: 30 0 ratings Time: 03:01 Mo...
[LESS INFO] 0 VIEWS | ADDED 19:32:25 05/16/12
Lei shortage in Hawaii
Hawaii lei vendors scrambling to fill lei demand. From: kitvtv Views: 30 0 ratings Time: 03:01 More in News & Politics
Lei shortage in Hawaii
0 Views 19:32:25 05/16/12
Lei shortage in Hawaii
Hawaii lei vendors scrambling to fill lei demand. From: kitvtv Views: 24 0 ratings Time: 03:01 Mo...
[LESS INFO] 0 VIEWS | ADDED 19:32:25 05/16/12
Lei shortage in Hawaii
Hawaii lei vendors scrambling to fill lei demand. From: kitvtv Views: 24 0 ratings Time: 03:01 More in News & Politics
Jonathan Quick ston...
0 Views 13:36:55 05/14/12
Jonathan Quick stones Kyle Chipchura with his blocker. 5/13/12
After a mad scramble, Jonathan Quick reaches up with his blocker hand while lying on his side to s...
[LESS INFO] 0 VIEWS | ADDED 13:36:55 05/14/12
Jonathan Quick stones Kyle Chipchura with his blocker. 5/13/12
After a mad scramble, Jonathan Quick reaches up with his blocker hand while lying on his side to somehow stone Kyle Chipchura. From: NHLVideo Views: 192 5 ratings Time: 00:36 More in Sports
"Euro and Democracy...
0 Views 06:39:47 05/11/12
"Euro and Democracy at Risk" Say Greek Politicians in Wake of Elections
For more news and videos visit ☛ english.ntdtv.com Follow us on Twitter ☛ http Add us on ...
[LESS INFO] 0 VIEWS | ADDED 06:39:47 05/11/12
"Euro and Democracy at Risk" Say Greek Politicians in Wake of Elections
For more news and videos visit ☛ english.ntdtv.com Follow us on Twitter ☛ http Add us on Facebook ☛ on.fb.me Sunday's election in Greece brought no clear winners, leaving politicians scrambling to form coalitions with the many new parties that have emerged in response to severe austerity measures. Some established Greek politicians claim the instability means that the euro and democracy itself are at risk. Content: With coalition government talks in Greece entering their third day on Wednesday, radical leftist Alexis Tsipras is scheduled to meet mainstream party leaders. However, after he set the condition of tearing up the EU/IMF bailout package, there is little chance of clinching a deal. Politicians attending Victory Day celebrations in Athens spoke of their concerns: [Yiannis Tragakis, New Democracy MP]: "Logic will have to prevail so that a solution can be found because if the solution is not found the European orientation of our country is in danger. We at New Democracy have suggested a centre-right administration which will protect our place in Europe and the eurozone. I repeat, I hope and believe logic will prevail." [Vyronas Polydoras, Vice President of Parliament]: "We have to organise a strong democracy that can solve problems and which will save this (democratic) system." The highly inconclusive results of Sunday's election have brought into parliament a whole spectrum of parties deeply opposed to Greece's sever austerity measures. For example, the ultra ... From: NTDTV Views: 129 4 ratings Time: 02:40 More in News & Politics
AppAdvice Daily: Ap...
0 Views 01:38:41 05/10/12
Games can keep you occupied when you're alone, but the best games are played with friends. Today we are featuring some of our favorite take your turn and wait...
[LESS INFO] 0 VIEWS | ADDED 01:38:41 05/10/12
Games can keep you occupied when you're alone, but the best games are played with friends. Today we are featuring some of our favorite take your turn and wait kind of games, also known as asynchronous games. All the big hitters are there. What are some of your favorites? Let us know in the comments.
Max Talbot Scores O...
0 Views 12:12:54 05/09/12
Max Talbot Scores Opening Goal 5/8/12
Max Talbot opens the scoring in the first, chipping in a loose puck during a scramble in front. From: NHLVideo ...
[LESS INFO] 0 VIEWS | ADDED 12:12:54 05/09/12
Max Talbot Scores Opening Goal 5/8/12
Max Talbot opens the scoring in the first, chipping in a loose puck during a scramble in front. From: NHLVideo Views: 302 0 ratings Time: 00:31 More in Sports
Brad Richards Beats...
0 Views 12:28:50 05/08/12
Brad Richards Beats Braden Holtby to Tie Game 5/7/12
Brad Richards scores during a wild scramble to send Game 5 into overtime. From: NHLVideo Views: ...
[LESS INFO] 0 VIEWS | ADDED 12:28:50 05/08/12
Brad Richards Beats Braden Holtby to Tie Game 5/7/12
Brad Richards scores during a wild scramble to send Game 5 into overtime. From: NHLVideo Views: 1220 17 ratings Time: 00:55 More in Sports
Passengers Scramble...
0 Views 17:33:20 05/07/12
Passengers Scramble For Flights After Security Problem
Some passengers who made it in time to catch their flights didn't make it on board because of a problem at...
[LESS INFO] 0 VIEWS | ADDED 17:33:20 05/07/12
Passengers Scramble For Flights After Security Problem
Some passengers who made it in time to catch their flights didn't make it on board because of a problem at security. From: wlwttv Views: 14 1 ratings Time: 01:15 More in News & Politics
Passengers Scramble...
0 Views 17:33:20 05/07/12
Passengers Scramble For Flights After Security Problem
Some passengers who made it in time to catch their flights didn't make it on board because of a problem at...
[LESS INFO] 0 VIEWS | ADDED 17:33:20 05/07/12
Passengers Scramble For Flights After Security Problem
Some passengers who made it in time to catch their flights didn't make it on board because of a problem at security. From: wlwttv Views: 14 1 ratings Time: 01:15 More in News & Politics