The increasingly homogenized landscapes and built environments of the glamour zone in global cities tend to obscure the fact of multiple articulations with their global slums.
In effect, we are all Europeans now, as the euro zone crisis threatens global economic security and threatens to evolve into a renewed global economic crisis.
Jeff Tjornehoj, senior research analyst for Lipper, cautioned that Vanguard's fund could lose out should Treasury yields rise sharply and unexpectedly in the future, though he said yields are unlikely to jump any time soon given the uncertainty about the euro zone and the global economic outlook.
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What would be more costly, a smallish global effort now to help turn the promising euro zone rescue fund into a market-calming firewall, or a massive bailout next year from another global financial crisis and market meltdown as was required in 2008?
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Lawyers, accountants, management consultants and other professional-services grunts are drawn to London partly for the same reasons financial-services firms cluster there the global ubiquity of English and a time zone midway between the rich old world and emerging Asia.
"The global economy is not out of the danger zone, " IMF Managing Director Christine Lagarde said.
The October 2012 Global Financial Stability Report (GFSR) finds increased risks to the global financial system, with the euro-zone crisis the principal source of concern.
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The rise of China as a major global manufacturer, for example, pushed euro-zone economies in opposite directions.
As our low mimetic cultural objects saturate global consciousness, can we also reckon a high-zone balancing act that executes Design theory on the concourses of daily life?
In the summer of 2011 the economic recovery had stalled again, the euro-zone debt crisis was at full boil, global stock markets were down (the Dow down 19% from a top in early May).
His play-it-safe posture reflects the company's worries over the euro zone's debt crisis which has clouded the global economic outlook.
The euro zone has long been the weakest part of the global economy, but the OECD's leading indicators for the currency area rose in February for the 10th successive month.
Yeandle said that many respondents felt finance is so global that a linked trading hub is required in each main time zone.
The U.S. payrolls numbers will cap a week of focus on global jobs data, including numbers Wednesday showing that the euro-zone unemployment rate reached a record high in March.
Instead, the bulk of the recent rally gains in the greenback have been seen amid safe-haven flows amid the uncertainty regarding the Euro-zone situation and what its outcome could have on the global economy.
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Currently, global growth is threatened by several macro headwinds such as Euro-zone debt crisis and concerns over U.S. growth both of which can decelerate growth in export-reliant Asian economies and fuel inflation due to prolonged easy money policies.
Economists around the world talk of a systemic crisis, and predict a default by Greece or Italy would result in collapse of the euro zone and a severe recession in Europe that would engulf the entire global economy.
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And the stability of the euro zone is therefore an important factor of stability for the whole of the global economy.
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What with gold prices failing to make new highs, the euro zone crisis must be as near-to-finished as the broader global financial crisis.
The mainstream media has been spiking the football in the proverbial end zone ever since a paper released last Friday claimed two-thirds of global temperature stations show some warming occurred during the past century.
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Investors are hoping that a recent decision by central banks of the United States, the euro zone and Britain to lend billions in multiweek loans will boost activity in the global debt markets.
Global Insight economist Howard Archer said the latest data and survey evidence indicated that the euro zone would probably see a sharper fall in GDP in the current quarter than in the third quarter.
The eastern boundary of the Global Geopark extends beyond the settlement of Durness and Loch Eriboll to follow the Moine Thrust Zone, an internationally significant geological structure that helped 19th century geologists determine how the world's great mountain ranges were formed.
With little news coming out overnight, investors were left looking ahead to Europe, where euro-zone second-quarter flash growth data are scheduled to be released later in the global day, and to the U.S., where retail sales figures will be examined to assess the health of the world's largest economy.
The Organization of Economic Cooperation and Development will release their global growth forecast figures on Tuesday, along with U.S. existing home sales and Euro zone consumer confidence survey results.
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Worries about the euro zone's sovereign-debt crisis and slowing growth in the U.S. have sent global investors into the safe harbor of the U.S. government bond market.
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