Finance

Finance - Financial Crisis

Mario Draghi, the ECB’s president, said the financial landscape has been transformed, citing a sharp drop in bond yields across the EMU periphery, a stock market rally and recovery of bank deposits in Greece and Spain. Capital flight has begun to reverse.

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Finance - Financial Crisis

The agency warned of a toxic mix of fiscal risks coming together over the next two months that could derail ...

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Finance - Comment

In regard to the depth of the downturn, the comparison is very different between countries. In the US and Germany, ...

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Finance - Comment

If, like me, you have come to see the single currency as unsustainable in its present form, both politically and ...

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Finance - Financial Crisis

Jean-Claude Juncker, EuroGroup chief, has signalled that Europe is no longer willing to be the last economic player holding the ...

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Finance - Comment

But no, America’s economic prospects are actually getting worse. That was the clear implication of disappointing official growth numbers published ...

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Finance - Financial Crisis

Mario Draghi, the European Central Bank’s chief, said a collapse of EU debt talks with Cyprus or a forced restructuring ...

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Finance - Economics

While GDP only increased by 0.2pc on the quarter, various distortions probably reduced it substantially.

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Finance - Financial Crisis

Premier Wen Jiabao told German Chancellor Angela Merkel that Europe must "strike a balance" between fiscal tightening and measures to ...

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Finance - Financial Crisis

The country’s retail sales plunged 10.7pc in December from a year earlier as austerity bites deeper, one of the worst ...

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Finance - Economics

The profound shift in economic strategy by the world’s top creditor nation could prove a powerful tonic for the global ...

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Finance - Economics

The UK remains locked in the grip of petrol panic. Just the prospect of a tanker drivers’ strike, with the ...

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Finance - Financial Crisis

There must be an EU “currency commissioner” with sweeping powers to strike down national budgets; a “large step towards fiscal ...

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Finance - Comment

To many, Bob Diamond, Barclays’ swashbuckling former boss, was the embodiment of capitalism, red in tooth and claw. His spectacular ...

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Finance - Comment

For years, many economists agreed, arguing that economic growth doesn’t generate more well-being for ordinary folk, a conclusion which came ...

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Finance - Comment

Unemployment and even the budget deficit aren't as bad as feared, retail sales are increasing and the stock market is ...

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Finance - Economics

The Bank of Japan (BoJ) is to buy a further 10 trillion yen (£79bn) of bonds, bringing the total accumulated ...

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Finance - Comment

But there is perhaps a more important announcement set to be made at the same time – the next Governor ...

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Finance - Financial Crisis

President Anibal Cavaco Silva called for urgent action to halt the “recessionary spiral”, warning Europe’s leaders that the current course ...

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Finance - Financial Crisis

The jobless rate has reached an all-time high of 26.6pc in Spain, rising to 56.5pc for youth. It is much ...

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