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Bailout
: Calculated RiskMisc: Egypt, Europe and More
By Anonymous
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On Egypt ...? From al Jazeera, another day: Live blog Feb 3 - Egypt protests
? From the Telegraph: Egypt crisis: violent clashes over country's future
Anti-government protesters who had been assembling relatively calmly for days found themselves under assault by demonstrators in favour of the regime of President Hosni Mubarak. In the most dramatic clashes thugs on horse and camelback charged and whipped the protesters, and dropped concrete blocks onto them.On Europe, another attempt to find a resolution to the financial crisis ...
By nightfall, several buildings were ablaze from petrol bombs, with the army making belated attempts to act as a barrier between the two sides.
? From the WSJ: Summit Marks Key Moment for Euro Zone
European leaders in Brussels on Friday are expected to confirm the broad outline of a strategy for solving the debt crisis, in a move that is seen as a decisive moment for the euro zone.I'll believe it when I see the details.
...
The solvent majority is offering to boost the effective size of the euro zone's bailout fund for crisis-hit countries?known as the European Financial Stability Facility, or EFSF?and to broaden its mandate. In return, Germany, with French support, is calling for a shake-up of how national governments manage their economies, to make the weaker countries more competitive and future crises less likely.
And earlier on U.S. data ...
? Daily Color: D-List Data
Full post as published by Calculated Risk on February 02, 2011 (boomark / email).
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