Key Economic News To Watch This Week: March 26
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A quick preview of the key economic events for the upcoming week:
With recent economic data showing the slow and uncertain recovery of the European economy, EU leaders can ill afford a wrong move. The highlight for the week: Financial markets are looking forward to an expansion of the European bailout rescue funds, a move that EFSF chief Klaus Regling has said is necessary to calm markets.
With debt yields once again rising in Spain, Portugal and Italy, the eurozone crisis is far from over.
Monday, March 26
A quick preview of the key economic events for the upcoming week:
With recent economic data showing the slow and uncertain recovery of the European economy, EU leaders can ill afford a wrong move. The highlight for the week: Financial markets are looking forward to an expansion of the European bailout rescue funds, a move that EFSF chief Klaus Regling has said is necessary to calm markets.
With debt yields once again rising in Spain, Portugal and Italy, the eurozone crisis is far from over.
Monday, March 26
Pope Benedict XVI begins three-day visit to Cuba.
US president Barack Obama on second day of three-day trip to South Korea.
Italian prime minister Mario Monti, begins his six-day tour in Asia.
The 2012 Nuclear Security Summit takes place in Seoul, the largest summit in the security field that discusses international cooperative measures to protect nuclear materials and facilities from terrorist groups.
Tuesday, March 27
Arab League finance ministers meet in Baghdad
Wednesday, March 28
Annual EU-South Korea summit is held in Seoul. José Manuel Barroso, President of the European Commission Herman Von Rompuy, President of the European Council are expected to attend.
Thursday, March 28
BRIC nations hold their annual summit in New Delhi.
Asean finance and central bank deputies meet in Phnom Penh.
Related News: ASEAN+3 Beef Up Defences Against Currency Volatility
Establishment of a European Cybercrime Centre.
Friday, March 30
EU members meet in Copenhagen to vote on the expansion of the European Financial Stability Facility and the European Stability Mechanism.
Related News: Merkel Succumbs To International Pressure As EU Raises Financial Firewall
Hon Hai Precision Industry, of Foxconn Technology Group, reports its financial results. Foxconn is the popular, but controversial, maker of electronic components for companies like Microsoft and Apple.
Related Infographic: Apple’s A Billionaire, But Its Workers Are Dead Broke
Related News: Is There Such A Thing As An Ethical iPhone?
Sunday, April 1
By-election in Myanmar could see Aung San Suu Kyi returned to parliament.
Myanmar to float currency.
Related News: U.S. Lifts Sanctions on Burma
Related News: Billionaire Investor George Soros Sets Up Philanthropic Arm In Burma
Related Story: International Sanctions May Ruin Myanmar’s Opportunity For Change: Joseph Stiglitz
