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After having its credit rating lowered to junk status, Hungary is the latest European country to see its borrowing costs climb higher.

The country was downgraded by Moody's Investors Service from Baa3 to Ba1 with a negative outlook a week after it had to ask the International Monetary Fund ("IMF") for help.

That answer depends on where you stand.

The markets have been very headline-driven lately. It seems as though whenever a figurehead at home or abroad speaks about bailouts, recapitalizations, etc., markets seem to swing wildly. This is not a surprise as nobody knows where to put their money because of the vast uncertainty still in the markets.

You Can't Put Out a Greece Fire With Money

Posted by Benzinga on October 11th, 2011

This morning we got an announcement from the "troika" that Greece would get the €8 billion ($11 billion) in aid it was promised under the first Greek bailout in 2010, with the payment likely coming in November.

BioClinica, Inc. (Nasdaq:BIOC) announced that BioClinica WebSend has been included in more than 90% of its 2011 imaging core lab business signings. WebSend benefits clinical trials by speeding access to clinical imaging data while reducing errors and costs by securely sending medical images over the Internet, rather than using courier services.

Hopes of an eventual reconciliation between North Korea and South Korea were given new life after envoys from the two countries met to discuss North Korea ending its nuclear arms program.

Play Free Trade Agreements With These ETFs

Posted by Benzinga on September 9th, 2011

Long held up due to partisan bickering on Capitol Hill, it looks like free trade agreements with Colombia, Panama and South Korea are inching closer to passage. Earlier this week, the House passed the Generalized System of Preferences (GSP), which reduce tariffs on imports from 130 countries and could open the door for these trade agreements to be passed.

The price of gold has crossed $1,900 per ounce mark for the first time on growing concerns about a slowdown in the global economy.

French Banks Deserve the Skepticism

Posted by Benzinga on August 12th, 2011

There has been no shortage in comparisons of the current banking crises in the US and Europe to those of 2008. Just like in 2008, we have major bank executives appearing in the media to tell us all is well despite extreme volatility in their equity values. Another similarity: no one seems to be convinced by their pep talks.

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