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Non-Manufacturing Services ISM Fails to Meet Expectations

MishTalk

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Non-Manufacturing Services ISM Fails to Meet Expectations; New Orders Plunge. Abolish The Fed Sign the Petition. Daily Bell.

Meeting 60
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Spain Raids Social Security Reserve Fund to Meet Deficit Targets; New Rules Compound Deficit Woes for Spain, Italy

MishTalk

Monetary magic of borrowing money from trust funds allegedly helps Spain come closer to meeting its budget deficit targets reports Eurointelligence. The visit included meetings with officials from Valencia and Madrid regions. Other countries at risk of breaking EU finance rules included Finland, Luxembourg and Malta.

Meeting 75
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Greece Empties IMF Reserve Account to Pay IMF; Liquidity "Terribly Urgent" Says Finance Minister

MishTalk

Greece emptied an IMF holding account to repay 750 million euros ($840 million) due to the fund, a Greek central bank official said, avoiding default but underscoring the dire state of the country's finances. The last time Greece made a significant withdrawal from its SDR holdings was in November 2011.

Finance 28
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Scranton Needs 117% Property Tax Hike to Balance Budget

MishTalk

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Scranton taxpayers could face a 117 percent increase in taxes next year as the citys finances continue to spiral out of control.

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Mish's Global Economic Trend Analysis: Avalanche of City Debt.

MishTalk

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Philadelphia : 5th Largest City in US is Effectively Bankrupt; Mayor Holds Closed Meeting With Wall Street to Discuss Asset Sales.

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Mish's Global Economic Trend Analysis: Italy Faces Huge Losses on.

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Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Strategist News : Best Business Blogs 2011. -->. GoldMoney: The Best Way to Buy Gold & Silver. Automatic Earth.

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Mish's Global Economic Trend Analysis: Problems in Italy Go On.

MishTalk

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Needing revenue to meet its budget deficit targets, Italys Finance Undersecretary Says Budget Crunch May Require More From Rich.