Artesia News

Local news for Artesia New Mexico and the surrounding Pecos Valley

Posts Tagged Financial crisis

Eurozone recession is now longest in currency bloc

May 15

Posted by admin in International | Comments off

A man holds a ten Euro note on as he walks through a market in Paris, Wednesday, May 15, 2013. France's economy has fallen back into recession, spelling trouble for the region. The national statistics agency, Insee, said Wednesday that gross domestic product fell 0.2 per cent in the first quarter of the year. The agency also revised its data for the fourth quarter of last year, saying GDP fell 0.2 per cent, up from a 0.3-per cent retraction. (AP Photo/Michel Euler)

PARIS (AP) — The eurozone is now in its longest ever recession — a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis of 2008-2009.

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Has the gold rush come to an end?

May 13

Posted by admin in Business | Comments off

In this Nov. 8, 2006 file photo, gold bars are on display at the "Gold" exhibit in the American Museum of Natural History in New York. Gold, often touted as the most trustworthy of investments, has looked wild over the past month. After starting April 2013 above $1,600 an ounce, it dropped below $1,361 on April 15 and has steadily recovered to settle at $1,436 on Friday, May 10, 2013. (AP Photo/Seth Wenig, File)

NEW YORK (AP) — When the price of gold plunged $200 last month, many people thought they caught the sound of the gold bubble popping.

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Has the gold rush come to an end?

May 13

Posted by admin in Business | Comments off

In this Nov. 8, 2006 file photo, gold bars are on display at the "Gold" exhibit in the American Museum of Natural History in New York. Gold, often touted as the most trustworthy of investments, has looked wild over the past month. After starting April 2013 above $1,600 an ounce, it dropped below $1,361 on April 15 and has steadily recovered to settle at $1,436 on Friday, May 10, 2013. (AP Photo/Seth Wenig, File)

NEW YORK (AP) — When the price of gold plunged $200 last month, many people thought they caught the sound of the gold bubble popping.

Read the rest of this entry »

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