IMF Can No Longer Avoid Larger Role In Resolving Europe Debt Crisis Huffington Post Uncertainty is turning into frustration and near-panic among policymakers outside Europe as larger European economies such as Italy, Spain and France come under attack byfinancial markets and bank funding stresses worsen. Until now, Europe has tried ... See all stories on this topic » | ||
European Debt Crisis Threatens US Money Market Funds Huffington Post WASHINGTON (Mark Felsenthal) - When Lehman Brothers collapsed in 2008 and shattered the belief that US money market funds would never "break the buck," Washington rushed to limit the damage. But as Europe's debt crisis threatens to put the US financial ... See all stories on this topic » | ||
McFarlane issues storm warning for banks The Australian FORMER ANZ Bank chief executive John McFarlane, eyeing the financial storm engulfing Europe, has urged Australian banks to resist risky activities as they chase growth in a "constrained" domestic market. Labelling the crisis as "very serious", ... See all stories on this topic » | ||
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IMF And Fed Data: A Wake-Up Call For Long Term Investors Seeking Alpha This represents a 35% increase in reserves since 2008 when the world economic crisisbegan and a 112% increase since 2005. One might be inclined to believe that since thebanks are flush with reserves, there should be enough money to overcome the huge ... See all stories on this topic » | ||
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Money tip: How consumers can find a banking champ The Seattle Times Small banks are known for down-home service. Round 5: Ownership: Big banks are obligated to make as much money as they can for shareholders, which often is on the backs of customers. And if you're mad at big banks for their role in the financial crisis... See all stories on this topic » | ||
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PM: Crisis-ridden nations should learn what to do from Turkey Today's Zaman Nations around the world, most of them in the West, were forced to bail out many bankswhile multiple financial institutions collapsed. The latest worries surrounding the globaleconomy's health are, however, because of public indebtedness, ... See all stories on this topic » | ||
Union Finance Minister Shri Pranab Mukherjee's Speech at Business World Best ... Press Information Bureau (press release) The Global Financial Stability Report of the International Monetary Fund states that thefinancial crisis is deepening. The indications are that we may have to face prolonged repercussions. Unlike the financial crisis in 2008-09 when the banking system ... See all stories on this topic » | ||
What will he do next? Business Recorder (blog) In a rare show of fair consultations in Pakistan, Finance Minister Dr Abdul Hafeez Shaikh chaired an unusual but important meeting in Islamabad with former governors of the State Bank of Pakistan before he proceeded to Dubai to meet IMF officials for ... See all stories on this topic » | ||
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As the euro crisis ripples spread, are your savings completely safe? The Independent "Banks from the European Economic Area (but not outside Europe) can opt for a different type of protection, known as the Passport scheme," explains Andrew Hagger offinancial information site Moneynet. "In essence, it means if they went bust, ... See all stories on this topic » | ||
First Tennessee chairman Mike Rose reflects on 4 years at city's top bank Memphis Commercial Appeal By Ted Evanoff Retiring First Tennessee Bank chairman Michael D. Rose helped guide the bank through the 2008 financial crisis. After losing half a billion dollars in the nation's 2008 financial crisis, First Tennessee Bank looked ripe for a takeover. ... See all stories on this topic » | ||
Examining the big lie: How the facts of the economic crisis stack up Washington Post The big lie of the financial crisis, of course, is that troubling technique used to try to change the narrative history and shift blame from some of the bad ideas and terrible policies that helped create it. Based on the scores of comments, ... See all stories on this topic » | ||
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Fortunes, and Tables, Turn for Portugal and Angola New York Times “We should take advantage of this moment of financial and economic crisis to strengthen our bilateral relations,” he said gingerly, mindful that Angola's economy is predicted to grow 12 percent next year while his own country's is expected to shrink ... See all stories on this topic » | ||
'No one's safe' in this economic crisis Financial Times Probably the US. The trade linkages are about equally strong, but the financial linkage is stronger. My colleague Hyun Song Shin at Princeton has pointed out to me lately that the shadow banking system in the US is largely European banks. ... See all stories on this topic » | ||
Brazil's FX Reserves: Take Care When Investing In Real Assets Seeking Alpha Although about half of the reserves are longer term government debt that will be stable in a financial crisis of some sort, the rest of the reserves can be extremely volatile. In fact, this volatility could be seen clearly this year between last July ... See all stories on this topic » | ||
No sign of crisis in banks in Serbia EMportal ... banks, whose majority stake holders are foreign banks, told Tanjug on Saturday that they are not planning to reduce the scope of their business in Serbia, nor are they intending to withdraw their capital due to a new wave of financial crisis in the ... See all stories on this topic » | ||
Cameron's debt blast misfires The Australian Mr Cameron and Mrs Merkel remained at loggerheads on proposals for a Europeanfinancial transaction tax, which Mrs Merkel wants, but which Mr Cameron fears would harm London's banking centre. Mr Cameron wanted to avoid changes to the EU treaty but, ... See all stories on this topic » | ||
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The big lie about the economic crisis, explained Bangor Daily News The market share of financial institutions that were subject to the CRA has steadily declined since the legislation was passed in 1977. As noted by Abromowitz & Min, CRA-regulated institutions, primarily banks and thrifts, accounted for only 28 percent ... See all stories on this topic » | ||
Repeating history New York Post Carl Levin's Permanent Subcommittee of Investigation in April 2010, and before that theFinancial Crisis Inquiry Commission on Jan. 13, 2010. None were indicted for fraud. Then: The Glass-Steagall Act passed in 1933 to break up banks into commercial ... See all stories on this topic » | ||
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Bill Miller's exit marks fresh start for Value Trust fund Baltimore Sun But despite huge winners such as Apple, bets on banking companies as well as Eastman Kodak haven't worked out, as the European financial crisis challenged the global economy anew. Last year, Value Trust trailed 98 percent of its mutual fund peers.... See all stories on this topic » | ||
15 High Yield Stocks Now In Morgan Stanley's 13F Portfolio Seeking Alpha Central banks all around the world are flooding markets with cheap money. The Fed is committed to ultra-low interest rates for at least two more years. Financial markets are dealing with one crisis after another and firms don't have any appetite to ... See all stories on this topic » | ||
Forex Technical and Fundamental Analysis for November 21, 2011 Inside Futures On the other hand, the EU debt crisis still has its negative effect on the financial market and on other economies, which fuels fears over the global economic outlook and driving investors to abandon higher-yielding currencies. On Monday at 15:00 GMT, ... See all stories on this topic » | ||
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When Even the Clearing Houses Start to Malfunction Economic Populist Behind all of this they see the machinations of the big banks and financial interests. Whether this is a correct interpretation of what is going on can be argued. One might also say that both the CME and the large US banks have acted according to their ... See all stories on this topic » | ||
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Elliott Parker: Why is this recession different? Nevada Appeal People assume a depression is just a word for a bad recession, but those who study the history of recessions know it as a downturn caused by a financial crisis. Why is that so different? In a financial crisis, banks and other financial institutions ... See all stories on this topic » | ||
Stock Market Outlook: It All Comes Down To Confidence Seeking Alpha This is where the crisis in confidence begins to unravel, as investors begin to flee thefinancial institutions that are on the hook for much of the sovereign debt across the region. Selling soon begets more selling as banks begin liquidating assets ... See all stories on this topic » | ||
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Sandi Toksvig on the value of money Telegraph.co.uk I suppose the good news about the financial crisis is that all the world leaders are dealing with it. Unfortunately, the bad news is also that all the world leaders are dealing with it. The legendary Greek statesman Demosthenes (born in 384BC) once ... See all stories on this topic » | ||
The euro elephant in the room Malta Independent Online The European Central Bank lacks the firepower and authority to guarantee and under-pin the EU's financial system. A “one-size-fits-all” interest rate inevitably generates destabilising imbalances between member states in the eurozone. ... See all stories on this topic » | ||
Breaking up the euro? Try unscrambling an omelet Malaya Given European banks' exposure to the likes of Italy and Greece, confidence in thefinancial system could easily collapse across the currency bloc and beyond. Bankruns would not be confined to those countries at the center of the debt crisis. ... See all stories on this topic » | ||
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Last of 7 Parts: Answers to Your Questions on Student Loans and Scholarships New York Times (blog) To help readers of The Choice navigate the maze of scholarships available to them — as well as to further their understanding of President Obama's recent proposal to ease the repayment of some student loans — Mark Kantrowitz, a financial aid expert ... See all stories on this topic » | ||
President Obama's Hopeless 'Malaise' Moment Forbes At various times he has blamed the stagnant US economy of 2009-2011 on President Bush, on the financial crisis of 2008, on the Japanese tsunami, the “Arab Spring,” the European debt crisis, the weather – and now, on otherwise productive Americans ... See all stories on this topic » |
IMF Survey: Afghanistan to Get $133.6 Million IMF Loan Afghanistan has started to take corrective steps in wake of Kabul Bank crisis; IMFprogram provides framework to manage economic impact of troop ... to effectively manage the Kabul Bank crisis and strengthen the financial sector based on .... area of anti-money laundering, and enhancing supervision and enforcement; and ... www.imf.org/external/pubs/ft/survey/so/.../CAR111511A.htm |
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