 Wall Street Journal However, officials from the three lenders said the country must speed up economicreforms. In statement Tuesday the troika said the money will be available for Greece after euro-zone finance ministers and the IMF approve the latest review of the Greek ... See all stories on this topic » | ||
| Greece to get loan Trichet says crisis systemic Moneycontrol.com Europe's top financial watchdog warned that the euro zone's sovereign debt crisis had become systemic and threatened global economic stability unless decisive action was taken urgently. European Central Bank President Jean-Claude Trichet issued the ... See all stories on this topic » | ||
| Economic crisis: What is the end game? MindfulMoney Given Sir Mervyn King, Governor of the Bank of England, believes this could the worstfinancial crisis ever - even beating the 1930s for gloom - and the economy is in breakdown, so what we want to know is: Yesterday various reports told us the UK was... See all stories on this topic » | ||
| Is the global economy facing a global banking crisis? TIME (blog) Banks all over the world seem to be stumbling. Not only is the global economicrecovery faltering under the weight of persistent unemployment, high commodity prices and debt crisis-induced austerity measures, but the global financial system, ... See all stories on this topic » | ||
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| Live: Slovakia Votes on Rescue Fund Wall Street Journal (blog) "In statement Tuesday the troika said the money will be available for Greece after euro-zone finance ministers and the IMF approve the latest review of the Greek economy. 'The next tranche will be available, possibly, at the start of November,' it said ... See all stories on this topic » | ||
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| Brazil's Lessons for Europe Huffington Post (blog) The difference is that now, since the crisis is at the center and not at the periphery of the system, the global risks and repercussions are much bigger. In the past, national officials -- central banks and finance ministers -- sought to vigorously ... See all stories on this topic » | ||
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| Swazi crisis man-made disaster - Mswati News24 Mbombela - Africa's last absolute monarch King Mswati III has labelled Swaziland'sfinancial crisis a "man-made disaster". The king made the statement at the University of Swaziland's 31st graduation ceremony at Kwaluseni Campus in Matsapha over ... See all stories on this topic » | ||
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| The second crisis of socialism Gold made simple News The world is facing the worst financial crisis since at least the 1930s “if not ever,” the Governor of the Bank of England said last week when he explained to an increasingly sceptical and weary public the Bank's decision to print yet more fiat money ... See all stories on this topic » | ||
| China Adds Japanese Debt for First Time in 10 Months Amid Global Turmoil Bloomberg China will continue to “seek diversification in the management of reserve assets, strengthen risk management, and minimize the negative impacts of the fluctuations in the international financial market on the Chinese economy,” People's Bank of China... See all stories on this topic » | ||
| Goldman Sachs Earnings Collapse in Wells Fargo's Record Year BusinessWeek ... zero until 2013 to combat stalling economic growth. Debate among European policy makers about how to solve deteriorating government finances and whether to add capital to banks also sparked fears that a misstep could lead to a new financial crisis. ... See all stories on this topic » | ||
| Bearish economy has investors worried, but financial analysts say situation ... New York Daily News Europe is facing a financial crisis. Our government is gridlocked, and the Fed has very few options. Stocks have fallen sharply, and outflows from US equity funds in the past four months are higher than they were in 2009. But Tom Lee, the excellent US ... See all stories on this topic » | ||
| Monetary policy and financial dislocation - speech by David Miles The FINANCIAL David Miles begins by noting just how long the financial crisis has lasted. “That crisisbegan in August of 2007, became intense in the autumn of 2008 and has not subsided yet. It is over four years since Northern Rock failed in the UK – that is today ... See all stories on this topic » | ||
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| EU leaders delay summit to agree crisis plan Reuters Rather than a politically embarrassing taxpayer bailout, France would prefer to shunt the bill onto the euro zone rescue fund, the European Financial Stability Facility (EFSF), which will soon be able to lend money to governments to help banks. ... See all stories on this topic » | ||
| Battling Capital CounterPunch The debt crisis had many parents, but first among them was the high-octane power offinance. The oil price rise of 1973-74 earned the oil-exporting states vast sums ofmoney, which went into the North Atlantic banks as petro-dollars. ... See all stories on this topic » | ||
| How to Tame the Volatile Stock Market Smartmoney.com Dramatic ups and downs have occurred less frequently of late than during the financial crisis of a few years ago, the dotcom stock bubble that popped in 2000 and, of course, the Great Depression, which was such a big deal that it gets capitalized in ... See all stories on this topic » | ||
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| Where's the money? Vancouver Sun "We are definitely in a crisis," said Greg Smith, managing director of BrookfieldFinancial and president of the Canadian Venture Capital and Private Equity Association (CVCA). Total VC spending in Canada experienced a 2% year-over-year dip in the last ... See all stories on this topic » | ||
| How Long Can the Rally Based on EU Hopes Last? CNBC.com The big change has been a hope that euro zone leaders are about to get ahead of the sovereign debt crisis, come up with a credible plan for Greece, recapitalize the banksand increase the money available to the European Financial Stability Fund [cnbc ... See all stories on this topic » | ||
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| Banking Chiefs Must Come Clean on Risks Wall Street Journal Heightened disclosure has often been used by banks to soothe investors' nerves. During the last crisis, financial groups produced warts-and-all accounts of their mortgage-backed securities as investors clamored to understand how toxic their balance ... See all stories on this topic » | ||
| Buyout deal for insolvent bank is test case for state's revised bank guarantee ... The Copenhagen Post On Saturday evening it looked like Max Bank, based in Næstved, was about to become the tenth Danish bank to go bankrupt since the financial crisis began in autumn 2008. That outcome was avoided in the eleventh hour by a buyout deal sweetened by state ... See all stories on this topic » | ||
| Carlyle/Blackstone, THL are Morgan Keegan finalists Reuters But the financial markets have worked against Regions since it announced its strategic plans. In the past few months an intensifying debt crisis in Europe and fears about a weakening US economy have spooked markets, hurting both the Morgan Keegan ... See all stories on this topic » | ||
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| Indonesia makes surprise rate cut to counter global risks Reuters "So far, the impact of the global economic turmoil is more felt in the financialmarkets, while the real sector is not yet impacted. However, a weakening globaleconomy is estimated to impact the domestic economy in 2012," said BankIndonesia in ... See all stories on this topic » | ||
| New bank capital rules to have 'modest impact' Sydney Morning Herald Nevertheless, they note that the overall benefits to the overall economy are far larger. ''The benefits of the global systemically important banks framework relate primarily to the reduction in the exposure of the financial system to systemic crises ... See all stories on this topic » | ||
| Does a New Bank Tax Save Merchants Money? Inc.com A late addition to the Dodd-Frank Act--the regulation meant to address the roots of thefinancial crisis--took effect this month. But it doesn't always help merchants. By Eric Markowitz | @EricMarkowitz | Recently Bank of America introduced one of its ... See all stories on this topic » | ||
| UK's Osborne faces uneasy autumn despite QE boost Reuters In a bleak explanation of the BoE's move to embark on another round of quantitative easing, Governor Mervyn King said the financial crisis was proving the worst since the depression-hit 1930s. The deficit is looking harder to erase, and calls for ... See all stories on this topic » | ||
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| The Final Sprint To Save Europe's Banks (And The World Economy Too...) Worldcrunch The health of the entire global economy is riding on it. By J. Dams, F. Eder and T. Kaiser BERLIN - Three years after the crash of the US investment bank Lehman Brothers, the financial crisis is hitting hard again. If, in the fall of 2008, ... See all stories on this topic » | ||
| Fannie, Freddie Threaten Taxpayers Again Investor's Business Daily Financial Crisis: While "Occupy Wall Street" tries to live up to its name, the real causes of our financial woes remain on America's balance sheet, unreformed and threatening trillions of dollars more in losses. Fannie Mae and Freddie Mac, ... See all stories on this topic » | ||
| The Self-Imposed Limits of Reaction to a Crisis Zimbabwe Telegraph First, though Klein tightly summarizes what it is, specifically, that makes a financialrecession so difficult to get out of, I'd like to flesh that point out a bit more. If we learn nothing else from the economic pain we're still going through, ... See all stories on this topic » | ||
| Occupy Chicago spreads message through downtown Chicago Sun-Times 3. FULLY INVESTIGATE AND PROSECUTE THE WALL STREET CRIMINALS who clearly broke the law and helped cause the 2008 financial crisis. 4.OVERTURN CITIZENS UNITED v. US — A 2010 Supreme Court decision which ruled that money is speech. ... See all stories on this topic » | ||
| Obama Jobs Council Calls for Sweeping Changes in Federal Policies Fox News | AP Decrying the human toll of the nation's economic and financial crisis, a group of corporate and labor leaders advising President Obama is calling for sweeping and urgent changes in government policies, from liberalized immigration and less ... See all stories on this topic » | ||
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| Corporate Profit Rebound Slows in 'Grind-It-Out' Economy BusinessWeek The S&P 500 tumbled 14 percent in the three months ended in September, the Stoxx Europe 600 Index fell 17 percent and the MSCI Asia Pacific Index plunged 16 percent, their biggest quarterly drops since the peak of the financial crisis in 2008. ... See all stories on this topic » | ||
| Treasuries Slide for Fifth Day Following Surge in U.S. Stocks Bloomberg By Lukanyo Mnyanda and Wes Goodman - Tue Oct 11 10:53:11 GMT 2011 Oct. 11 (Bloomberg) -- Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management, talks about the outlook for global financial markets. Jacobsen speaks with Susan Li on ... See all stories on this topic » | ||
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| Money-smarter: Families improving financial habits in order to get through ... Greenfield Daily Reporter The Edina, Minn., couple were living off the dividends from financial stocks, such as Wells Fargo, figuring they were ultra-safe. Then those stocks cratered in the financial crisis, the dividends disappeared and their portfolio shrank by 60 percent ... See all stories on this topic » | ||
| Top Currency Forecasters Say Best Over for Dollar as Fed Embraces Easing Bloomberg Reports on everything from jobs to housing and incomes show the world's largesteconomy may be in jeopardy of slipping back into recession, forcing the Fed to print more money for the third time in three years to inject into the financial system ... See all stories on this topic » | ||
| Stocks Start in the Red as Europe Euphoria Ebbs Fox Business I think today people are sobering a little bit,” said Nick Kalivas, vice president offinancial research at MF Global. Volume is expected to pick up on Tuesday as normal business resumes after Columbus Day, which caused US bond markets to close. ... See all stories on this topic » | ||
| Bank of America, Citigroup, Morgan Stanley Could Be Headed Toward Collapse ... AlterNet Way ahead of the rest of the world in terms of making sure they have a strongerfinancial foundation to handle any type of shock. This has been Geithner's strategy since the earliest days of the crisis: work with the Federal Reserve to throw money at... See all stories on this topic » | ||
| Erste Group faces €800m loss after loan writedowns Irish Times The comments came as Erste said it would postpone “by at least one year” its planned early repayment of €1.2 billion in Austrian government help taken during the creditcrisis. The group said it could have repaid the money as planned, but had opted to ... See all stories on this topic » | ||
| Ron Paul Supporters and 'Occupy' Groups Have Common Ground Gather.com Wall Street is a symptom of a much more serious financial disease. The Federal Reserve led by Ben Bernanke has literally thrown money at the current financial crisisin the global economic system. While Congress has authorized a fiat money system,... See all stories on this topic » |
| IMF Survey: Regulators Identify Data Needs to Track Shadow Banks In the wake of the global financial crisis, regulators agree that they need to know ...IMFSurvey Magazine: In the News ... Yet they noted that risk that these so- called shadow banks—such as insurance companies, money market funds, hedge ... the coverage of nonbank financial institutions in economic and financial statistics. ... www.imf.org/external/pubs/ft/survey/so/.../NEW092911B.htm |
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