Could today mark the long-feared Grexit? As Greece defaults on its IMF loans and risks removal from the Eurozone, concerns arise over the global economic impact. Here’s what you need to know.
More drama is unfolding in the Eurozone. Will Greece run out of cash as it nears the April debt deadline? What what will be the impact on global and domestic bond investors?
There are fresh international warnings targeting Canada’s housing market. The International Monetary Fund has stated Canada’s market is overheated by 20%, while Stats Can finds average debt levels hit new highs.
Spain is the latest EU nation to be bailed out – to the tune of 100 billion Euros. While the news caused an increase in investor confidence, what are the implications of such a move for the European economy – and Canada’s as well? Is this a signal that Europe’s financial woes should be increasingly considered a “global problem”?