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Dollar Reaches 10-Month High
The U.S. Dollar is surging to new highs based on the weak Euro.
March 10, 2012- On Friday, the dollar jumped to a 10-month high on the jobs report released by the U.S. government. The jobs report was much better than most analysts had expected and helped the dollar jumped to its highest level against the yen in 10 months.
The dollar also increased against the euro as Fitch downgraded the debt in Greece. Private investors agreed to the restructuring plan offered by the country nevertheless, Greece...
Strikes Over Austerity Measures Hit Greece Again
The Greek people are resisting new austerity reforms.
February 10, 2012- On Friday, Greek workers took to the streets again to protest the latest austerity measures being called for by members of the euro zone. Striking workers stopped ships from docking and halted public transportation just hours after finance ministers from the euro zone told the Greek government that additional austerity measures were needed for Greece to receive their latest bailout package.
Concern over the Greek situation was...