Highlights
A collection of news and information related to European Debt Crisis published by this site and its partners.
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Scams blocking Chinese investors' path to U.S. green cards
Jianwei Li and two other wealthy Chinese businessmen thought they had a sure thing when they wired $1 million each to a California firm that had promised to build a fine Chinese restaurant in the Bay Area city of San Bruno. The project had an alluring...
Tags: Finance, Crime, Law and Justice, Patrick Leahy, Economy, Business and Finance, Immigration
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Global Voices: Filmmakers chronicle Chinese run on French wine
What might have been a grueling, 25-hour flight from Sydney to London two years ago instead brought filmmaker and viticulturist Warwick Ross to a project that blended his passions for storytelling and wine as perfectly as the grapes for a nice Chardonnay-...
Tags: Movies, Consumer Goods Industries, Beverage Industry, France, Wines
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Apple shares tumble as stocks fall for second day in last three
The stock market endured its second broad decline in three days, as investors fretted about weak earnings in the U.S. and deepening economic stagnation in Europe. Companies ranging from Apple Inc. to Bank of America Corp. were battered as investors fled...
Tags: Insider Trading, Apple Inc., Financial Markets, Stock Market, Bank of America Corp.
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Harsh words fly between Germany and France over economic plans
BERLIN -- Europe's most important relationship is under increasing strain after French officials accused Germany's leader of "egotistical intransigence" and leaders in Berlin shot back by describing France as the continent's "biggest problem child."...
Tags: Career and Workplace, Francois Hollande, Germany, Angela Merkel, Berlin (Germany)
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Lawmakers in Cyprus pass bailout plan
ATHENS -- Despite sweeping public discord, Cyprus lawmakers on Tuesday approved a controversial $13-billion bailout imposed by international lenders to keep the island financially afloat, and its economy anchored to Europe’s single currency....
Tags: Finance, Crime, Law and Justice, Cypriot Banking Crisis (2013), Economy, Business and Finance, Pervez Musharraf
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S&P 500 sets all-time closing high [video chat]
NEW YORK -- The broad Standard & Poor's 500 index broke a half-decade-old record, another sign of stocks' continuing rally this year. The S&P 500 added 6.34 points, or 0.41%, to 1,569.19 Thursday, the last trading day of the first quarter. The S&P 500...
Tags: Fiscal Cliff, Finance, Credit Ratings, Federal Reserve, Economy, Business and Finance
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Jobless rate hits new record in Eurozone
LONDON -- Joblessness in the 17-nation Eurozone hit a record high in January and February, according to statistics released Tuesday that gave a grim snapshot of the region’s continued economic malaise. The unemployment rate rose to 12% in the...
Tags: Career and Workplace, Labor Markets, Cypriot Banking Crisis (2013), European Union, Cyprus
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S&P 500 trades above all-time closing high
NEW YORK -- The benchmark Standard & Poor's 500 index burst through a half-decade-old record as stocks continued their strong rally. The broad S&P index is on track to finish the day above its all-time closing high of 1,565.15 recorded Oct. 9, 2007....
Tags: Finance, Economy, Business and Finance, Automatic Data Processing, Inc., Stock Market, U.S. Congress
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China's top airlines say profits fell sharply in 2012
China's three major state-owned airlines reported steep drops in annual profit last year, citing the weak global economy, higher jet fuel prices and smaller foreign currency gains. China Southern, the country's largest carrier, said Wednesday that...
Tags: China, Air Transportation Industry, Money and Monetary Policy
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Cyprus wakes to bailout hangover
This post has been updated and corrected. See the notes below and at the bottom for details.ATHENS -- Defending a last-resort deal with international lenders, bleary-eyed officials on Cyprus said Monday that they had managed to avert a devastating default for the tiny Mediterranean nation and kept it from being forced out of Europe's single-...Tags: Finance, Moscow (Russia), Cypriot Banking Crisis (2013), Pakistan, Economy, Business and Finance
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Cyprus locked in tense talks with international lenders
ATHENS -- Officials from Cyprus and international lenders were locked in long and tortuous talks Sunday, trying to strike a deal on a rescue plan that would keep the island’s failing banks from collapsing while maintaining membership in Europe&...
Tags: Finance, European Central Bank, Cypriot Banking Crisis (2013), Central Bank, Bankruptcy
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Cyprus lawmakers delay emergency vote on bank-deposit tax
This post has been updated. See the note below for details.ATHENS -- Lawmakers in Cyprus are scheduled to hold an emergency vote Monday on whether savers on the Mediterranean island will pay a levy of up to nearly 10% on bank deposits as part of a controversial international bailout plan that has enraged...Tags: Politics, Market and Exchange, Economy, Business and Finance, Cyprus, Vladimir Putin
Apr 23, 2013
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Apr 20, 2013
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Apr 17, 2013
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Apr 30, 2013
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Apr 30, 2013
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Mar 28, 2013
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Apr 2, 2013
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Mar 28, 2013
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Mar 27, 2013
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Mar 25, 2013
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Mar 24, 2013
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Mar 18, 2013
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