WASHINGTON—Critical differences between European leaders threatened to stymie efforts to combat the euro zone’s debt woes, despite mounting international pressure to contain a broadening crisis. Enlarge ImageClose Associated Press German Finance Minister Wolfgang Schauble. After a weekend of tense meetings among world finance officials here, euro-zone leaders were weighing options to maximize [...]
LIVERPOOL, England (Reuters) - The Labour Party would use any windfall from the sale of government stakes in banks to pay down debt, the party’s economics spokesman Ed Balls will say on Monday.[Read more...]
WASHINGTON—Critical differences between European leaders threatened to stymie efforts to combat the euro zone’s debt woes, despite mounting international pressure to contain a broadening crisis. Enlarge ImageClose Associated Press German Finance Minister Wolfgang Schauble. After a weekend of tense meetings among world finance officials here, euro-zone leaders were weighing options to maximize [...]
Image 1 of 3 Residents are rescued from a flooded area in Nagoya, central Japan Photo: REUTERS Image 1 of 3 Typhoon Roke Photo: NASA/REUTERS Image 1 of 3 Soldiers reinforce the banks of the Shonai river in Nagoya, central Japan Photo: REUTERS [...]
LONDON—The risk premiums attached to the sovereign debt of developed economies will be “persistently higher and more volatile” in the future, the Bank for International Settlements warned in its quarterly report, released Sunday. “Sovereign credit risk and its implications now pose a significant and urgent challenge to banks,” far beyond the risks it had posed [...]
Britain’s banks should ring-fence their high street and investment divisions as part of a far-reaching reform package which should be put in place by 2019, a Government-appointed commission has said.[Read more...]
AP - Investigators on Thursday searched for flight recorders in the shattered remains of an airliner that crashed on the banks of the Volga River, killing 43 people including most of one of Russia’s premier hockey teams.[Read more...]
After Annalea Mace’s employer reduced her hours two years ago, Ms. Mace and her husband pared their spending, sold jewelry on eBay and cashed in savings bonds she received at age two. That still wasn’t enough, so the couple went to the bank in hopes of saving their house from foreclosure. Enlarge ImageClose [...]
Reuters - LONDON (Reuters)- European stocks tumbled 4 percent on Monday, with banks plumbing a more than two year low, as fears for the future of the euro zone bubbled up against a background of weak economic growth and threats to the banking sector.[Read more...]
The officials poured cold water on calls from Christine Lagarde for “mandatory” recapitalisation”. Photo: AP By Roland Gribben 8:52PM BST 29 Aug 2011 Comments The officials poured cold water on calls [...]
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‘Serious questions’ over NZ spill
Libyans claim gains in Gadhafi hometown offensive
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Fierce street fighting in Sirte
Snipers in last-ditch bid to defend Gaddafi hometown
(Reuters)
FBI searches for missing Mo. baby in Kan. landfill
(AP)
Libyans face heavy resistance in Gadhafi hometown
(AP)Snipers slow government attack on Gaddafi hometown
(Reuters)
Libyan government forces launch big assault on Sirte
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Libya troops renew Sirte assault
Doubtful social conservatives giving Romney chance
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Libya troops renew push for Sirte
Split in cultural conservatives could help Romney
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Tank fire hits Gaddafi stronghold
Discord Riddles Libyan Factions
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Libya battle hits heart of Sirte
Nobel honors African, Arab women for peace
(Reuters)
Economy adds 103,000 jobs, but it’s not enough
(AP)