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Eurozone's unemployment climbs to 12.1%, a fresh record high
WASHINGTON -- The Eurozone's unemployment rate hit a record high of 12.1% in March as the region continued to struggle with recession, government officials said Tuesday. The seasonally adjusted jobless rate for the 17-nation group topped the previous...
Tags: Money and Monetary Policy, Federal Reserve, Finance, Unemployment, Energy
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Quiet M'sian market seen leading up to general election
The Star, Kuala Lumpur, Malaysia / Asia News NetworkPETALING JAYA (The Star/ANN) -- Investors and traders should expect a relatively quiet stock market leading up to the general election in Malaysia (GE) this Sunday with the index likely to end the week with a mild upward bias at best. This will come...Tags: Politics, Media Industry, Economy, Business and Finance, Malaysia, Credit Ratings
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The end of macro magic
WASHINGTON -- The International Monetary Fund recently held a conference that should concern most people despite its arcane subject -- "Rethinking Macro Policy II." Macroeconomics is the study of the entire economy, as opposed to the examination of...
Tags: Money and Monetary Policy, Federal Reserve, Finance, International Monetary Fund, Economic Policy
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A right and proper death of the euro
William PfaffPARIS -- When the proposal was initially made for a common European currency, it seemed to this writer to be a good idea, with the flaw that it wouldn't work. Although inexpert in economics (being a product of the age of arithmetic), it struck me as an...Tags: Angela Merkel, Italy, Politics, France, Germany
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Greek bank stocks plunge after merger freeze
ATHENS — Greek bank stocks plunged 30% on Monday, the maximum allowed in a day, after plans to merge the country's two biggest lenders were suddenly frozen. The surprise freeze came amid testy talks between the government and international...
Tags: Restructuring and Recapitalization, Economy, Business and Finance, International Monetary Fund, Finance, National Bank of Greece SA
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Greek bank stocks plunge as merger is frozen
ATHENS – Fears concerning Greece’s efforts to fix its faltering economy flared anew Monday as bank shares sank 30% -- the maximum allowed in a day -- after plans to merge the country’s two biggest lenders were suddenly frozen. Investors...
Tags: International Monetary Fund, National Bank of Greece SA
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Bank of Japan unveils bold plan to lift economy, combat deflation
Japan's central bank took a massive bet to reset its economy and pull out of nearly two decades of deflation. The Bank of Japan announced an aggressive and ambitious plan Thursday to expand its purchase of long-term bonds and double the amount of...
Tags: Money and Monetary Policy, Japan, Federal Reserve, Finance, Business
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The Improvisers
WASHINGTON -- The bailout of Cyprus -- if it can be called that -- bore all the trappings of Europe's standard response to its economic crisis. The last-minute, melodramatic rescue was complex, contentious and controversial. Decisions were taken that, for...
Tags: Politics, Federal Reserve, Finance, The Washington Post, Business
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Betray your bank before your bank betrays you
What's a Slovenian with several hundred thousand euros in the bank supposed to do? Spread it out among at least a few different banks, that's what. Or move the money out of the country, while it's still possible. Imagine what must be on the minds of...Tags: Spain, Cyprus, Italy, Economy, Business and Finance, Central Bank
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Cyprus bailout: How the tiny country got here
As banks opened their doors Thursday for the first time in nearly two weeks in Cyprus, the odyssey over the nation's financial crisis and ensuing bailout took its newest turn. If you haven’t followed the economic drama in this Mediterranean island,...
Tags: Cyprus, Cypriot Banking Crisis (2013), European Union
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Cyprus bailout raises fears of tapping savings accounts in other troubled countries
The prospect of losing money in a bank savings account was once considered unthinkable, but the possibility sent Americans into a panic in the 2008 financial crisis, and the threat recently surfaced anew. This time the focus is on European banks and the...
Tags: Spain, Cyprus, Italy, Economy, Business and Finance, Cypriot Banking Crisis (2013)
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Cyprus, creditors reach draft deal for avoiding economic collapse
ATHENS — After hours of tortuous threats and talks, Cyprus reached a draft deal with its international lenders Monday to keep the island’s failing banks from collapsing and its economy anchored to Europe’s single currency....
Tags: Cyprus, Nicos Anastasiades, Cypriot Banking Crisis (2013), International Monetary Fund, European Union
Apr 30, 2013
|Story| Los Angeles Times
Apr 30, 2013
|Story| McClatchy-Tribune
Apr 22, 2013
|Column| Orlando Sentinel
Apr 16, 2013
|Column| Tribune Media Services
Apr 8, 2013
|Story| Los Angeles Times
Apr 8, 2013
|Story| Los Angeles Times
Apr 4, 2013
|Story| Los Angeles Times
Apr 3, 2013
|Column| Orlando Sentinel
Apr 1, 2013
|Column| Allentown Morning Call
Mar 28, 2013
|Story| Los Angeles Times
Mar 27, 2013
|Column| Chicago Tribune
Mar 24, 2013
|Story| Los Angeles Times
