Articles, tagged with "banking system", page 1

Portugal's parliament rejected a new government austerity plan Wednesday, spurring the resignation of Prime Minister José Sócrates and setting off a brand new section in Europe's sovereign-debt crisis. Portugal's Prime Minister Jose Socrates, left, g...

Portugal's parliament rejected a new government austerity plan Wednesday, spurring the resignation of Prime Minister José Sócrates and setting off a new part in Europe's sovereign-debt crisis. Portugal's Prime Minister Jose Socrates, left, gestures b...

New York Times reported that German banks are getting in critical condition. Why? It has also been conveyed that authorities of German institutions calculate the trouble that high standards for funds would bring to meet their requirements. Tough Stand...

It has been reported that Brown is planning a last ditch revamp of his campaign but it all sounds like Custer's last stand as it is beginning to look like the labour party will suffer a massive defeat. He needs to face up to the reality that the Labou...

The Dubai crisis should serve as an eye opener to countries that are too leveraged, said Israeli economists, noting that Israel's continued productivity in the high-tech sector, strict budget policy and banking regulation would mostly shield it from ongoi...

Recently the news has been dominated by developments with the 700 billion dollar bailout package, and rightfully so. 700 billion is an astronomical sum of money. The first problem is that the 700 billion dollar bailout adds a huge amount of money to the...