Topic: Bank for International Settlements
Will this crisis ever be over?! The nations of the eurozone seem to be fighting endless battles to address fears about government finances. The worry is that unsustainable national debt loads will result in default, a financial panic, or a costly repair effort that puts a squeeze on the economy in Europe and beyond. Here's a backgrounder on the problem, its consequences, and possible ways forward.
09/29/2011 07:37 pm
Germany has blamed others for the global financial crisis, but German loans funded much of the reckless spending. It must now agree to a common mechanism for Europe to pay its way out of crises. Refusing this responsibility endangers Germany and the entire euro project.
08/23/2011 04:17 pm
The world clawed its way off a financial precipice two years ago, says a new report, but major nations still have to do some important work to put the global economy on a sound footing.
06/26/2011 11:31 am
The country has been living beyond its means for years, leaving future generations to pay
04/06/2011 09:41 am
Portugal's economy has collapsed, and it looks like the country will be bailed out by the European Union
03/24/2011 03:57 pm
France's recovery is lagging far behind Germany and Britain.
12/22/2010 02:04 pm
Remember all that stuff about getting our deposit banking institutions out of the opaque derivatives trading business and back to, oh I don't know, banking?
12/22/2010 09:05 am
Naoto Kan stamped his authority on government policy, making the yen less of a one-way bet — even if the effects of intervention prove to be short-lived.
09/15/2010 02:58 pm
Home prices will have a harder time rising as population growth slows, a new study finds.
08/07/2010 05:30 pm
President Obama is set to sign the financial reform bill into law soon, but critics worry it will stifle the flow of credit that is key to economic recovery.
07/15/2010 07:56 pm