Global Economic Outlook: Greece At The Precipice

Global Economic Outlook: Greece At The Precipice

An emergency Euro Summit, today attempts an 11th hour deal to prevent Greece from defaulting on its debts. Shanghai Composite Index makes a record drop, and world markets try to deal with it all in the face of a looming liquidity crisis. In the Calendar This Week. China's Shanghai Composite Index Plummets. China has a bank holiday today. The traditional Dragon Boat Festival commemorates the life and work of famous Chinese scholar, Qu Yuan. Last week saw a record decline in the Shanghai Composite Index although the chart implies China's attempt at blowing an epic stock market bubble is far....


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