Ecomomic Crisis
Daily News and Updates
Special:
- Into the euro abyss
- Obama risks all on new jobs stimulus
Friday - September 30, 2011:
- Analysis For markets, euro zone: QE no longer unthinkable
- Analysis: Stagnant U.S. jobs market bodes ill for world economy
- House prices fall at fastest rate ever across England and Wales
- Nokia to cut 3,500 jobs, close Romania plant
- Poverty affects 46 million Americans
- Ruble and stocks continue slide
- UK set to clash with Germany and France over E.U. plans for City trading tax
- Victory for Angela Merkel as Germany backs the eurozone bailout
Thursday - September 29, 2011:
- Chinese Banks Close to Collapse_ Fears of zero growth
- Brussels proposes EU financial tax
- Commission to propose EU 'stability bonds'
- Parliament approves economic governance ‘six-pack’
- Stocks drop, led by commodities on economic fear
Wednesday - September 28, 2011:
- Following Israel's 'economic miracle'
- Goldman Sachs plans deeper cost cuts
- U.S. on knife edge of contraction Fed economist
- BAE Systems confirms 3,000 UK job losses
- Families face £728 a year squeeze on spare cash
- Sign of the times: Now Dairy Milk CHOCOLATE bars get supermarket security tags as recession bites
- Strong ruble needs $100 oil says central bank head
Tuesday - September 27, 2011:
- EU looking at trillions in shock-and-awe plan to end crisis
- Only ECB has power to 'scare' global stock markets, warns IMF
- 'Massive jobs shortfall' predicted for global economy
- Moody's downgrades 8 Greek banks
- Weak pound is here to stay warns Bank of England expert
- Central bank raises upper end of ruble basket band amid ruble slide
- Insight Chasing high corn prices, U.S. farmers skip rotations
Thursday - September 22, 2011:
- Fed takes new tack to avoid U.S. economic slump
- Greece sharpens austerity; IMF warns on banks
- Israel Has Dumped 46 Percent of Its U.S. Treasury Bills; Russia 95 Percent
- Managed default likely scenario for Greece in next year: Citi analyst
- Moody's cuts BofA, Wells Fargo and Citi ratings
- Public borrowing rockets to record high
- Russia Faces Recession for Two Years With $50 Oil, IMF Says
- Toll of Arab Spring on Mideast economies grows
Wednesday - September 21, 2011:
- Italy downgraded, IMF says Europe behind the curve
- US and Europe risk double-dip recession, warns IMF
- Outside View: Why gold is so high and Obama so low
- Ruble to weaken on shrinking trade surplus: analysts
- Ruble plunges to new ten-month low
- Economic Crisis a controlled demolition
- Global stock markets braced for further turmoil after S&P downgrades Italy
- Greece to front-load austerity, troika to return
- Housing starts drop - underscores economic woes
Tuesday - September 20, 2011:
- Banks suffer shares hit as FTSE plunges 109 points over Greek debt fears
- Greeks Discuss Drastic Moves to Receive Aid
- Drug company Roche stops deliveries to some Greek hospitals
- Moody's stays negative on states, local governments
- Tyco to split into three companies; shares rise
- Vince Cable's plan to wipe out 'rewards for failure'
- Into the euro abyss
- Obama risks all on new jobs stimulus
Monday - September 19, 2011:
- Week Ahead: Fed Expected to Launch New Program While Europe Debt Troubles Bubble
- Greeks Discuss Drastic Moves to Receive Aid
Sunday - September 18, 2011:
- EU officials seek to dispel fears of credit crunch
- Vince Cable calls for urgent economic stimulus package
- Euro
- Moody's postpones decision on Italy's downgrade for month
- Cost of basics in your shopping basket up 10%
- Consumer mood up but outlook at 31-year low
Saturday - September 17, 2011:
- Central banks expand dollar operations
- Japan, Switzerland and US take steps to protect EU banks
- 'Save the Doomed Euro by Setting up a New Super-State'
- Spain raises taxes on the rich
- World braces for second wave of the crisis
- Postal Service move would delay mail by a day
Friday - September 16, 2011:
- European banks face major reckoning
- Europe's leaders battle to keep faith with euro as Greek bailout flounders
- Britain draws up survival plans for life after the euro to avoid plunging into another recession
- Deputy minister says ruble in for sharp devaluation in 2 years
- Deal reached on 'six-pack' of economic governance laws
- 111,000 state jobs go in record losses as Government cuts public sector
- Millions face higher fuel bills as EDF pushes gas bills up by 15%
Thursday - September 15, 2011:
- World Bank chief says world economy in danger zone
- Wen offers help to Europe on debt
- EU's Barroso Will present options on euro bonds
- Highest unemployment increase for two years after jobless rate surges by 80,000
- French bank downgrades keep investors wary
- Unemployment rises above 2.5m milestone
- Unions call for 'day of action' on November 30
- Expert: Perry right about Social Security
- Emerging nations crafting plan to come to Europe's aid
Wednesday - September 14, 2011:
- China in talks over buying Italian debt
- French banks hit amid worries over Greek exposure
- Brussels calls for still more austerity
- I.M.F. Chief's Change of Tune on Bank Capital
- International alarm over euro zone crisis grows
- Merkel tries to calm fears over Greek default as market jitters continue
- Inflation hits three-year high of 4.5 per cent
- Census US poverty rate rises to 15.1 per cent; number of uninsured hits high of 49.9 million
- JPMorgan Q3 trading revenue down 30 percent
Tuesday - September 13, 2011:
- ECB official urges further public sector pay cuts in Ireland
- Russia says euro-crisis could 'detonate' in neighbouring countries
- Geithner heads to Europe as debt fears mount
- Global economy looks increasingly gloomy
- IMF insists on increasing gas prices for Ukraine before giving money
- UK to push through bank reforms
- JPMorgan CEO says bank rules anti-American: report
- Russian ruble, shares fall in morning trade
- Shares tumble on fears over Greek default
- Stocks, euro rebound on Italy-China speculation
- TUC leader warns of mass walkouts over pension reforms
- High Food Prices Expected to Climb Further
Monday - September 12, 2011:
- Market may calm someday, but not this week
- Greece on verge of default as doubt grows over €8bn bailout
- Greece to hike taxes again-FinMin
- Analysis: Stark ECB exit hits shaky euro zone at worst time
- Israeli Kiosks Offer Cash for Gold
- ManorCare to lay off ‘several hundred’ in U.S.
Sunday - September 11, 2011:
- Bank shares hit as report backs calls for major shake-up of the industry
- Benefits cap 'could make 80,000 children homeless'
- Employers Say Jobs Plan Won’t Lead to Hiring Spur
- Greece braced for mass protests as austerity cuts bite
Saturday - September 10, 2011:
- S&P raises Israel's credit rating from A to A+
- BofA discussing about 40,000 job cuts
- Europe debt crisis fears hammer euro, stocks
- G7 offers little to calm markets on growth, debt
- Typical family will see living standards drop as incomes fall 'by £4,600 a year by 2013'
Friday - September 9, 2011:
- 4 Rising Food Costs That Will Hurt Your Wallet
- Debt Crisis Leading to 'United States of Europe'
- Deficit reduction plan to stay says Osborne as UK heads to double-dip recession
- ECB signals rates on hold, nervous about economy
- Fitch warns of downgrades for China, Japan
- LG Electronics cuts 30 percent of overseas mobile staff report
- High streets are doomed, says shopping tsar Mary Portas
- Sydney clogged as thousands march
- Saab bankruptcy likely 'in days'
- Bank of America Plans No New Branch Closings
Thursday - September 8, 2011:
- US falls to 5th in global competitiveness, survey shows
- Fed considers buying more long-term Treasury bonds to lower rates
- S&P Met With Bond Firms
- Stocks Slide, 10-Year Yield Reaches Record Low on Euro Region's Debt Woes
- Merkel outlines steps to 'stability union'
- Mass strikes, protests hit Italy, Spain over EU-imposed austerity
- Italy strike: THREE million protest over austerity package
- Mich. governor signs 48-month welfare limit
Tuesday - September 6, 2011:
- Double-dip recession fears see £49bn wiped off shares
- US recession fears savage world financial markets
- Stock markets hit hard by fresh recession and eurozone debt fears
- Asian shares fall amid euro zone, banking worries
- Bankers Urge Quick Action on Europe’s Debt Crisis
- Equities hammered by euro zone and banking worries
- Analysis: Pension funds in new crisis as deficit hole grows
- G7 to seek ways to prop up global growth source
- Postal Service could shut down by winter
- US sources- Turkey's sharp economic downswing undercuts its regional status
Saturday - September 3, 2011:
- Fed asks BofA to list contingency plan report
- White House forecasts high unemployment through 2012
- White House sharply cuts growth forecast
- Zero job growth sparks U.S. bonds, gold rally
- UK construction new orders suffer biggest fall since 1980
- US, big banks play chicken over mortgages
- Greek debt targets missed, says independent report
- More than a quarter of graduates still haven't found a job three YEARS after leaving university
Friday - September 2, 2011:
- Outside View An American policy of decline by design
- S&P Just Rated A Bundle Of Subprime Mortgages Higher Than The U.S.
- Average house prices dip 0.6 per cent due to sluggish demand for homes
- Portuguese government announces massive public cuts
- Weak manufacturing data raises double-dip fears
Thursday - September 1, 2011:
- Investors slash equities in August melt Reuters poll
- Unemployment rates soar in Spain and Greece
- U.S. Companies Add Fewer-Than-Estimated 91,000 Workers in August, ADP Says
- UK plunges into debt danger zone after Labour's 10-year borrowing binge
- Homelessness could spread to middle class, Crisis study warns
Archives --
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