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U.S. declines to label China a currency manipulator
WASHINGTON -- The Obama administration may be getting tougher with China on trade, but its approach in dealing with Beijing on the thorny currency issue remains patient diplomacy. The Treasury Department, in its semiannual report Friday on exchange-...
Tags: Europe, Mitt Romney, Republican Party, China, Foreign Exchange Market
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Merkel comes under increasing fire on euro crisis
BERLIN — If it seems to German Chancellor Angela Merkel that the world is against her, she may be right. Her insistence that debt-ridden European nations cut their way out of financial crises helped cost her conservative political party two state...
Tags: Market and Exchange, David Cameron, Finance, Regional Elections, Economy, Business and Finance
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Spain's prime minister: No bailout, but liquidity would be nice
Mariano Rajoy, Spain’s prime minister, has found a new ally in his quest for lower borrowing rates and liquidity in his recession-racked country: France’s new President Francoise Hollande. A week after his inauguration, Hollande met with...
Tags: European Union, Europe, Nicolas Sarkozy, Germany, Mariano Rajoy
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Euro crisis imperils recovering global economy, OECD warns
World NowMost major economies are enjoying growth and recovery after four years of turmoil but the improvements are uneven and the Eurozone crisis could spill outside Europe "with very serious consequences for the global economy," the Organization for Economic... -
Europe's debt crisis joins governments and banks at the hip
LONDON — The alarm over potential bank runs in Greece and Spain this week has highlighted an often-overlooked fact: Europe's debt crisis is also, in many ways, a major banking crisis. In capitals such as Athens, Madrid and Rome, large portions of...
Tags: National Government, Credit and Debt, Madrid (Spain), Finance, Economy, Business and Finance
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Obama expected to push for growth at G-8 summit
WASHINGTON — For months, President Obama has been urging his European allies to balance their zeal for spending cuts with policies to spur economic growth. His pleas have mostly been ignored. But now, as Obama prepares to host the Group of 8...
Tags: G20, Financial Markets, Finance, Economy, Business and Finance, France
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The glory that was Greece
When Germany'schancellor, Hannelore Kraft, met France's president, Francois Hollande, in a sunny Berlin earlier this week, they agreed on a compelling strategy to save the Eurozone. With no elections due in any Eurozone country for the next two years,...
Tags: European Union, Market and Exchange, CNBC (tv network), Athens (Greece), Economy, Business and Finance
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Dominique Strauss-Kahn countersues hotel maid for $1 million
Dominique Strauss-Kahn, the man who might well have become president of France, is suing the woman whose allegations of sexual assault cost him his reputation as a global financier and his roles as diplomat and political figure. In a suit filed in New...
Tags: Dominique Strauss-Kahn, François Hollande, France, Midtown, Sexual Assault
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A third Greek leader tries to put together a government
World NowSocialist leader Evangelos Venizelos takes his turn Thursday in trying to form a government in Greece after two other bids before him failed. Failure by Venizelos would mean that another election is likely.... -
Greek Socialist leader says coalition talks making headway
World NowThe four-day struggle of Greek politicians to stitch together a coalition government gained sudden momentum Thursday as concerned creditors began to reduce the flow of rescue loans that keep this cash-strapped country afloat.... -
Portugal's sick economy triggers health crisis
LISBON — For Francisco Reposo, the 30% pay cut he was forced to take this year amid government austerity measures is the least of his worries. The high school science teacher is also on dialysis, awaiting a kidney operation, and Portugal's financial...
Tags: European Union, Hospitals and Clinics, Flu, Finance, Economy, Business and Finance
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Austerity-weary Greeks go to the polls in crucial election
World NowGreeks began heading to the polls Sunday to vote in a crucial election amid Europe's ongoing debt crisis. Polls show that voters will probably punish the two main parties for signing Greece up to brutal austerity cuts demanded as a condition of two...
May 25, 2012
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May 23, 2012
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May 23, 2012
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May 22, 2012
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May 19, 2012
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May 18, 2012
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May 17, 2012
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May 15, 2012
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May 10, 2012
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May 10, 2012
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May 13, 2012
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May 6, 2012
| Los Angeles Times
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