 RT Russia paid the last portion of its debt to the international monetary fund back in 2005 and since then it has been contributing to the organization providing moneyfor countries which economies experienced financial problems. ... See all stories on this topic » | ||
| G20 summit leaves rescue fund dangling EurActiv Eurozone leaders meeting on 26-27 October gave the green light to leverage the rescue fund, or European Financial Stability Facility (EFSF), Europe by creating a "special investment vehicle" designed to lure money from China, Brazil and Middle Eastern ... See all stories on this topic » | ||
| Euro Finance Chiefs Focus on 'Bazooka' as Crisis Persists San Francisco Chronicle European leaders' failure to resolve the two-year-old debt crisis threatens to drag down the global economy and trigger another financial downturn. World leaders at a Group of 20 meeting last week demanded euro governments do more to staunch the ... See all stories on this topic » | ||
| G20 seeks more talks on eurozone crisis Financial Times G20 nations were “nowhere near a consensus” on using IMF resources to fund the European financial stability facility, Mr Flaherty told the FT in an interview. “There is a view, which I share, that the eurozone countries are relatively rich in world ... See all stories on this topic » | ||
| Europe: Debt Crisis 1, G-20 Zero WPTZ The Champlain Valley The Oct. 27 plan includes a series of measures to address the crisis, including debt relief for Greece, new capital requirements for banks and plans to build afinancial "firewall" around vulnerable euro area economies. Less than a week after it was ... See all stories on this topic » | ||
| Republicans Say 'Occupy Obama' Business Insider “The largest banks are larger than they were when Obama took office and are nearing the level of profits they were making before the depths of the financial crisis in 2008, according to government data.” (Zachary A Goldfarb, “Wall Street's Resurgent ... See all stories on this topic » | ||
| Greece crisis: Euro has new politburo but no solution yet Economic Times Sarkozy himself said that day that France and Germany were at odds over how to leverage the euro zone's financial rescue fund. The French wanted to let the European Financial Stability Facility operate as a bank and borrow money from the ECB. ... See all stories on this topic » | ||
| Behind the Afghan Banking Crisis Middle East Online He dreamed of being the founder of an industrial and financial empire. He has spent most of his adult life abroad: first in Moscow where in a student room in the 1980s he founded a money transfer company that capitalised on imports of Afghan fabric ... See all stories on this topic » | ||
| Unique perspective of Greece's financial crisis Scranton Times-Tribune By David Falchek (Staff Writer) Two University of Scranton professors specializing in economics and global finance have watched the crisis unfolding a world away in Greece with unique interest. Iordanis Petsas, Ph.D., and Ioannis Kallianiotis, Ph.D., ... See all stories on this topic » | ||
| Middle Class Pays for Financial Market Mistakes: Simon Johnson BusinessWeek 7 (Bloomberg) -- At one level, all financial crises are the same. A relatively small group of people, typically bankers, find the opportunity to take very big risks. For a while, financiers show high profits, justifying rising stock prices for their ... See all stories on this topic » | ||
| Emerging market investors hit by fears Ninemsn The main reason emerging market stocks have suffered deeper losses isn't because their economies are suddenly sluggish. It may seem unfair, but when fear of another financial crisis strikes money managers, they tend to flee emerging markets and stay ... See all stories on this topic » | ||
| Amid political turmoil and financial contagion, EU finance chiefs try to 'stop ... Winnipeg Free Press (AP Photo/Virginia Mayo) BRUSSELS - Financial officials from around Europe met Monday in Brussels for urgent talks on how to ease Europe's debt crisis, calm markets and — as one of them put it — "stop the rot." After a week of economicand political ... See all stories on this topic » | ||
| Tony Abbott, Joe Hockey tempting economic armageddon with petty politicking Courier Mail As Business Council of Australia chief executive Jennifer Westacott put it: "Australia has acted in such a way as a global citizen in the past by agreeing to contribute through the IMF during the Asian financial crisis and should be prepared to do so ... See all stories on this topic » | ||
| EU Creates "Dictatorship" Under Guise of Financial Stability The New American Astute analysts have pointed out that the EU's economic crisis was caused largely by centralization and central banking. But instead of de-centralizing power, EU bosses and “eurocrats” have been threatening to impose ever-greater supranational ... See all stories on this topic » | ||
| MICHAEL PETTIS: Germany Must Do It, Not China Business Insider If it experiences a liquidity crisis in which it is unable to bridge a short-term financing gap, I would argue that it should not turn to the IMF or to European or Chinese central banks for funding but rather to the US government, or more likely to its ... See all stories on this topic » | ||
| ||
| Growing wealth disparity underlies Occupy protests, experts say Montreal Gazette Such changes might not be enough, say some economic experts. That's because, they say, a deeper underlying cause is behind both the Wall St. protests and the weak financial oversight: a huge and growing wealth disparity between rich and poor. ... See all stories on this topic » | ||
| Global: Support from Central banks but lack of concrete deal at G-20 FXstreet.com The statement also emphasizes that “the ongoing tensions in financial markets are likely to dampen the pace of economic growth in the euro area in the second half of this year and beyond”. The wording “and beyond” shows that the eventual impact on euro ... See all stories on this topic » | ||
| ||
| Aus, Asia investors wedded to local stocks Ninemsn Volatile financial markets driven by Europe's debt crisis and the recent US debt ceiling debate encouraged more conservatism among investors, Graham Heunis, HSBC Bank Australia's head of retail banking and wealth management said. ... See all stories on this topic » | ||
| Mayor Bloomberg Makes The Big Lie; Blames 2008 Meltdown on Congress, NotBanks Forbes TERMINATE THE STUPID PRACTICE OF PAYING INTEREST ON OUR OWNMONEY TO PRIVATE BANKS .A PRACTICE THAT CAN ONLY END WITH AFINANCIAL BUST ! State Banks are taxpayer owned and are for taxpayers to make and retain any profit. The Federal Reserve Bank as it ... See all stories on this topic » | ||
| Pakistani government exploits railways crisis to pursue privatisation World Socialist Web Site Facing its own financial crisis, compounded by the world economic turmoil and massive floods in recent years, the government has failed to maintain basic facilities, including infrastructure. Zardari's regime has been under intense pressure from the ... See all stories on this topic » | ||
| Rabobank Plans Europe's First Samurai Since July: Japan Credit BusinessWeek Spreads on euro-denominated financial bonds surged 197 basis points to 403 in the three months ended Sept. 30, the biggest quarterly increase since the index's inception on Dec. 31, 1995, according to Bank of America Merrill Lynch's EMUFinancial ... See all stories on this topic » | ||
| ||
| ||
| Wenzhou credit crisis eases up China Daily In order to solve the problem of limited bank loans available for SME, an emergent fund with 1 billion-yuan lending facility to SME was launched by the government, to help enterprises needing immediate financial support. In addition, over 5 billion ... See all stories on this topic » | ||
| Europe's Woes Make Their Way Across the Mediterranean AHN | All Headline News Europe's seemingly intractable financial crisis is threatening to make itself felt across the Mediterranean in the economies of North Africa that can least afford another blow, economists say. Struggling to recover from the chaos and uncertainty of the ... See all stories on this topic » | ||
| Push on for Tobin tax Asia Times Online By Cleo Fatoorehchi CANNES - While the Greek bailout and stimulus package dominated discussion among the Group of 20 (G-20) major industrialized and emerging market economies at the high-level summit in Cannes, France, last week, the proposed financial ... See all stories on this topic » | ||
| Big banks don't care about bad economy The Daily Progress As a member of Virginia Organizing's corporate accountability campaign, I chose to move my money from Wells Fargo because their practices demonstrate the same corporate greed that brought about this financial crisis. Wells Fargo CEO John Stumpf's total ... See all stories on this topic » | ||
| Macquarie Bond Risk Rises Faster Than Goldman: Australia Credit BusinessWeek The Reserve Bank of Australia on Nov. 4 cut its forecasts for economic growth and inflation for the next two years as financial turmoil abroad makes businesses more reluctant to hire and consumers wary about spending. The RBA said gross domestic ... See all stories on this topic » | ||
| China Stocks Look to Brighter 2012 Equities.com It should be noted that these positive developments do not represent a massive stimulus program like the one in 2008 and 2009 during the global financial crisis. China has to be careful not to re-ignite inflation stoked by that stimulus package. ... See all stories on this topic » | ||
| Occupy protesters march through Indianapolis, berate banks Ball State Daily News ... movement's push to get people to transfer their money from big national banksto local banks and credit unions in protest of the multibillion-dollar profits bankshave enjoyed since receiving federal bailout funds during the 2008 financial crisis.... See all stories on this topic » | ||
| ||
| BNY Mellon, MF Global, Bank Capital, Silver: Compliance BusinessWeek Global regulators said in June banks deemed too big to fail must hold as much as 2.5 percentage points in additional capital as part of efforts to prevent anotherfinancial crisis. The additional capital buffers will range from 1 percentage point to... See all stories on this topic » | ||
| Danish Recession Threat Has Firms Pleading for Bank Credit BusinessWeek Denmark's banks are unlikely to get more state aid after receiving four rescue packages since 2008, Finance Minister Bjarne Corydon signaled last week. Without the funds needed to stay afloat, Denmark risks more bank defaults, Standard & Poor's said in ... See all stories on this topic » | ||
| The Great Deflation Huffington Post By the end of year four of the Great Depression, the banking crisis was over. The 1933 Glass-Steagall Act, deposit insurance, and the Reconstruction FinanceCorporation stabilized the financial system. Bank failures ceased -- while in the current ... See all stories on this topic » | ||
| ||
| Why Wall Street Can't Handle the Truth Wall Street Journal As the financial crisis started rumbling in 2007, I was working at Deutsche Bankand went on CNBC in November to air my concerns. I said the total cost of thecrisis could approach $400 billion, a number that was much higher than anyone else's estimate ... See all stories on this topic » | ||
| ||
| Banks' ECB overnight deposits hit 2011 high MarketWatch 6, 2008, in the wake of Lehman Brothers' collapse, which escalated the financial crisis. The amount of deposits has been elevated, around the EUR200 billion mark, since late October, as banks favor parking their money with the ECB over lending it to ... See all stories on this topic » |
| IMF head seeks helping hand in Russia — RT By RT Reforms of the world's financial system and aid for the Europe's debt-stricken countries are in the spotlight of negotiations between the Russian president andIMF chief. Christine Lagarde is visiting ... Financial crisis: time to drop the banks? The UK .... Russia paid the last portion of its debt to the international monetary fund back in 2005 and since then it has been contributing to the organization providing money for countries which economies experienced financial problems. After the ... News RSS : Today |
| Debt crisis: live - Telegraph http://www.telegraph.co.uk/finance/financialcrisis/8846201/Debt-crisis-live.html? service=artBody ... Cameron says eurozone must help itself before IMF does ...The data on the real economy in Italy do no justify this nervousness. ... economyafter last month making the surprise decision to increase the Bank's moneyprinting ... www.telegraph.co.uk/finance/.../8846201/Debt-crisis-live.html |
| Harper says no Canadian money for European bailout - World ... Major StoriesIn The News ... The financial crisis facing Greece and other countries, including Italy, was the key issue at the meeting. ... to pump moremoney into the International Monetary Fund that could, in turn, be used to fund the ... remains critical to restoring confidence and growth in the global economy," Harper added. ... www.cbc.ca/news/world/.../g20-imf-italy-greece-financial.html |
| No new euro zone money for debt crisis at G20 | Reuters Breakingviews euro zone bank stress test calculator ... Related News ... Leaders of the world's major economies, meeting on the French Riviera, told Europe to ...Global stocks and the euro fell as doubts resurfaced about Europe's financial ...The Italian leader said the IMF had offered to lend Italy money but he had refused .... www.reuters.com/article/.../us-g-idUSTRE7A20E920111104 |
| BBC News - G20 'agrees to boost' International Monetary Fund The debt crisis also continues to threaten the much bigger Italian economy. Rome has been finding it increasingly difficult to borrow money in financial markets, and... US President Barack Obama warned that the eurozone financial crisisthreatened to ... and to bolster Europe's bailout fund and support the bankingsector. ... www.bbc.co.uk/news/business-15567822 
     |
No comments:
Post a Comment