 Wall Street Journal The Federal Reserve has caused every single boom and bust that has occurred in this country since the bank's creation in 1913. It pumps new money into the financialsystem to lower interest rates and spur the economy. Adding new money increases the ... See all stories on this topic » | ||
| Eurozone to banks: Take bigger loss on Greek debt Seattle Post Intelligencer Pressure on finance ministers was high, after the report from Greece's debt inspectors — the European Commission, the European Central Bank and the International Monetary Fund — showed that the country's economic situation had deteriorated ... See all stories on this topic » | ||
| ||
| European Finance Chiefs Meet on Debt Crisis Voice of America And this is why the summit will most likely disappoint financial market participants." Tim Ohlenburg of London analyst group the Center for Economic and Business Research says more radical measures are needed for investors to regain confidence in... See all stories on this topic » | ||
| MONEY MARKETS-Interbank lending rates up before EU summit Reuters The Federal Reserve's influential vice chair, Janet Yellen, said on Friday that Europe'sfinancial crisis threatened to spill over into the United States, potentially by forcing anxious banks to tighten credit at a time when the economic recovery ... See all stories on this topic » | ||
| Overseas Allies Reluctant to Try US Debt Diet Wall Street Journal Boosting their capital reserves could leave them with less money to lend, crimping their growth further. In a worst-case scenario, some observers say, a big European bankfailure could trigger a broader financial crisis, plunging the global economy ... See all stories on this topic » | ||
| Europe's Large Banks - Are The Titans Crumbling? Seeking Alpha Stratfor says all roads lead to a banking crisis - some are just shorter than others. European financial entities will continue to kick the can down the road as long as they can - they have no choice. Will Large European Bank Failures Precipitate ... See all stories on this topic » | ||
| IMF praise “prudent” monetary policy The Zimbabwean But there was no indication that such threats were imminent – indeed, the IMF regards the current state of the Mozambican financial sector as “healthy and stable”. Lledo congratulated the Bank of Mozambique for its “timely monetary policy” and for its ... See all stories on this topic » | ||
| EU officials scramble to solve the crisis CNNMoney The two leaders are also not on the same page over how to restructure Greek government debt, according to the latest chatter in financial markets. Still, many investors remain optimistic about an effort to strengthen European banks, which is expected ... See all stories on this topic » | ||
| Crisis In Europe Puts Global Economy In Danger Huffington Post Should that come to pass in Greece, it would be enough to stick French banks with substantial losses that would surely spread to multiple shores. Should that happen in Italy, we may look back at the financial crisis of 2008 and see it as a mere dress ... See all stories on this topic » | ||
| Financial watchdog says inflation could lead to misselling MindfulMoney He wants the new Bank of England committee - the Financial Policy Committee - to have the ability to vary bank capital on a countercyclical basis. That means that when the economy is doing well, the regulator could require banks to hold more capital to ... See all stories on this topic » | ||
| For investors, playing it 'safe' can be risky Boston.com The average yield on a money-market account is just 0.54 percent, according to Bankrate.com. Even the best-paying online savings accounts pay 1 percent or less. As recently as the summer of 2008, just before the financial crisis hit full-force, ... See all stories on this topic » | ||
| Eurozone to banks: Take bigger loss on Greek debt Ocala Pressure on finance ministers was high, after the report from Greece's debt inspectors - the European Commission, the European Central Bank and the International Monetary Fund - showed that the country's economic situation had deteriorated dramatically ... See all stories on this topic » | ||
| ||
| Latin America Well Poised To Weather Global Financial Storm Wall Street Journal Having learned many lessons from past financial crises and that of 2008, Latin American banks, businesses and governments have built up what amounts to a solid base of insurance against external shocks. Financial institutions now depend more on local ... See all stories on this topic » | ||
| Blame Bernanke and Federal Reserve for Economic Crisis U.S. News & World Report He serves on the House Committees on Foreign Affairs and Financial Services as well as on the Joint Economic Committee, and he is the chairman of the Financial Services Subcommittee on Domestic Monetary Policy and Technology. ... See all stories on this topic » | ||
| Fed's Yellen Says QE3 May Be Warranted If Easing Needed BusinessWeek Oct. 21 (Bloomberg) -- Federal Reserve Vice Chairman Janet Yellen said a third round of large-scale securities purchases might become warranted if necessary to boost a USeconomy challenged by unemployment and financial turmoil. The central bank should... See all stories on this topic » | ||
| Kuwait considering investments in Europe - fin min Reuters India By Martina Fuchs and Stanley Carvalho ABU DHABI (Reuters) - Kuwait is considering buying assets in Europe after prices fell in response to the region's debt crisis, but it has not made specific decisions, the country's finance minister told Reuters. ... See all stories on this topic » | ||
| IMF Executive Board Concludes 2011 Article IV Consultation with Indonesia International Monetary Fund On October 7, 2011, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Indonesia. 1 Continuing the impressive performance during the global financial crisis, Indonesia's economy expanded 6.1 percent ... See all stories on this topic » | ||
| Banks crisis a 'weapon of mass destruction' Gulf Daily News Pumping more money into an economy will have short-term relief, but what about long-term? Let's talk about 20 to 30 years' time. Each financial crisis has got progressively worse than the previous one. If the past is any indicator of the future, ... See all stories on this topic » | ||
| Polish Banks Seen Remaining Under Foreign Ownership Wall Street Journal Either the finance ministry, using money from the budget or the central bank, could buy a bank and then float it on the Warsaw Stock Exchange, he said. "But it's not going to happen. It's at the level of casual talk over drinks, while [real action] ... See all stories on this topic » | ||
| Terence Corcoran: Inflated sense of self Financial Post Kenneth Rogoff , former chief economist at the IMF now at Harvard, has urged the US Fed to set an inflation target of 5% or even 6% to help ease the current economic crisis. At 6%, by the way, money loses 50% of its value every 12 years. ... See all stories on this topic » | ||
| Are We Facing Our Worst Financial Crisis SBWire (press release) “One of those reasons was that the bank sees growing signs of a worldwide economicslowdown.” Tubbergen states that the Governor added that this is the “most seriousfinancial crisis since the 1930s, if not ever.”. The article also states, “Financial ... See all stories on this topic » | ||
| ||
| Without credit card donations, WikiLeaks facing funding crisis MiamiHerald.com The total financial cost of what WikiLeaks calls a blockade is uncertain, but the lack of resources mixed with turmoil that has surrounded the organization has kept the website from accepting new documents from would-be leakers for much of the year, ... See all stories on this topic » | ||
| Japan Drafts $157.7 Billion Extra Budget Wall Street Journal The extra budget is the second largest ever, surpassed only by one compiled in 2009 after the global financial crisis. It earmarks ¥11.73 trillion ($157.84 billion) for reconstruction of disaster-hit infrastructure and damage prevention measures. ... See all stories on this topic » | ||
| Achieving change: Is a global Robin Hood Tax the way to go? Montreal Gazette Asked again about the FTT last week, he said: "It smacks of some sort of punitive action - It makes no sense in ensuring that banks are adequately capitalized which is what is important to people, all of us - so we avoid another financial crisis. ... See all stories on this topic » | ||
| 'Margin Call' Takes Aim At The Financial System, Hopes To Humanize Bankers Huffington Post ... sort of economy-damaging decision. "You don't have the whole sort of modernfinancial system around-the-world-risk collapse, so that there wasn't money coming out of ATMs -- you don't have that come from some sort of criminal behavior," he said. ... See all stories on this topic » | ||
| ||
| ||
| Volcker Rule, Once Simple, Now Boggles Gainesville Sun “We need a strong financial sector,” he said. “But it should be in service to the realeconomy, the productive economy. The large banks have become trading platforms. They make the real money on the trading desks. The depositors, the consumers, ... See all stories on this topic » | ||
| ||
| Michael Lewis' 'Boomerang': 'Money Thrown Out in Hope, Coming Back in Anger' PBS NewsHour And I realized I was reading a story that explained their relationship to the currentfinancial mess. They didn't borrow a lot of money. The German financial people kind of crept right up to all the filth in the financial system, with some fascination, ... See all stories on this topic » | ||
| Why "Constructive Inaction" is No Longer in the Feds' Lexicon Daily Reckoning - American Edition Many of the chiefs urged their European peers to amass even larger bailout firepower than the $605 billion European Financial Stability Facility (EFSF). Other chiefs suggested that the IMF play a much larger role than it has to date. ... See all stories on this topic » | ||
| What If We Paid Off The Debt? The Secret Government Report NPR (blog) The US Treasury bond is a pillar of the global economy. Banks buy hundreds of billions of dollars' worth, because they're a safe place to park money. Mortgage rates are tied to the interest rate on US treasury bonds. The Federal Reserve — our central ... See all stories on this topic » | ||
| ||
| Will Ousting Blankfein As CEO Help Goldman Sachs Pull Out Of Its Misery? Forbes Nontheless, shares of Goldman have been battered since early 2008, when the financial crisis started to implode. The stock traded as high $250 a share in 2007, but by late 2008 — at the height of the financial meltdown – the stock plunged to a low of ... See all stories on this topic » | ||
| FirstCity Bank Pres. Enters Guilty Pleas Patch.com It is precisely this type of deception and greed by key bank insiders that contributed to and exacerbated the financial crisis. Fraud in connection with TARP will be aggressively investigated and prosecuted by SIGTARP and its law enforcement partners.... See all stories on this topic » | ||
| Ghadafi's Death and Finance BankInfoSecurity.com (blog) Gadhafi's death is just another example of how diverse events affect the global financialinfrastructure. From economic fluctuations and the global mortgage crisis to international cybergangs and the emergence of the iPad and iTouch, everything affects ... See all stories on this topic » | ||
| UBS, Commercial Bank, Microsoft, Wal-Mart in Court News BusinessWeek Shabudin and Yu were the first senior bank officials charged with fraud at a financialinstitution that got money from the government's Trouble Assets Relief Program, known as TARP. The program was meant to shore up financial institutions hit with ... See all stories on this topic » | ||
| Why the world watches the Europeans with dread Kansas City Star From where did Greece borrow all of that money? European banks. So when the worldfinancial crisis hit and Greece's economy grew ever more strained, those banksrefused to lend Athens any more money. Without more loans, Greece couldn't make its debt ... See all stories on this topic » |
| Europe rejects U.S. approach to financial crisis, stirring doubts ... “In financial crises, it is more risky to act gradually and incrementally ... for saving thefinancial system and that all the banks had to take the money, ... www.washingtonpost.com/.../gIQACZQVmL_story.html |
| IMF Survey: G-20 Reaffirms Commitment to Resolve Crisis Finance ministers and central bank governors of the Group of Twenty (G-20) industrialized and ... IMFSurvey Magazine: In the News ... People walk near the French Ministry of Economy, Finance, and Industry in Bercy, France. ... taking concrete steps to build a more stable and resilient international monetary system both to ... www.imf.org/external/pubs/ft/survey/so/.../NEW101511A.htm |
| U.S. rejects plan to strengthen IMF in euro zone crisis | Reuters PARIS (Reuters) - Proposals to double the size of the IMF as part of a broader ... People walk near the French Economy, Finance and Industry Ministry at Bercy ... A communique and round of closing news conferences are expected around 11 ... The Franco-German crisis plan is likely to ask banks to accept bigger losses on ... www.reuters.com/article/.../us-g-idUSTRE79C74G20111014 |
| U.S. rejects plan to strengthen IMF in euro zone crisis - Yahoo! News News. PARIS (Reuters) - Proposals to double the size of the IMF as part of a ... People walk near the French Economy, Finance and Industry Ministry at Bercy before ... The Franco-German crisis plan is likely to ask banks to accept bigger losses on .... Guess which nation they are looking at to pony up the money for that one. ... news.yahoo.com/euro-zone-crisis-set-dominate-g20-paris-mee... |
No comments:
Post a Comment