europe debt crisis dragging world economies downnew data show the eurozone woes intensifying a global slowdown, with signs that even germany, china and other pillars of growth are in trouble. washington - the eurozone debt crisis is intensifying a global slowdown, with new signs that even powerhouse germany may be faltering, adding to worries about china and other major pillars of economic growth.analysis: with or without euro, europe must raise its gamelondon (reuters) - the opening last week in northeastern spain of a 37-million-euro stretch of motorway to nowhere is an irresistible metaphor for the euro, an ambitious project conceived in better times that is now seemingly running out of road. with spain heavily in debt, the authorities could not afford to finish the highway but opened the completed 6 km section near lleida in any case to ...suntech says europe could deal lethal blowshanghai (reuters) - china's suntech power holdings co ltd, the world's biggest solar panel maker, said europe could follow the united states in levying punitive tariffs on chinese solar panel imports, dealing a "lethal" blow to the industry. the united states hit chinese solar companies with anti-dumping tariffs of about 31 percent last week, further denting the outlook for an industry...europe’s maquina infernal has crippled spainspain is spiralling into the vortex of debt-deflation. this has nothing to do with greece. it is not the result of fiscal extravagance over the past decade, or other such wagnerian myths. |
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