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Glance: A look at the key institutions involved in the European Union's economy
Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who should be involved. Here is a look at the key institutions involved in Europe's economic policymaking:...Tags: Central Bank, International Organizations, Cyprus, European Central Bank, Politics
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Dollar tops 103 yen, a 4-1/2-year high, on robust U.S. data
ReutersNEW YORK (Reuters) - The dollar rallied across the board on Friday, topping the 103-yen level as it hit a 4-1/2-year high against the Japanese currency, after data showing a robust rebound in U.S. consumer sentiment prompted investors to add to bullish...Tags: Car Safety Tips and Advice, Morgan Stanley Dean Witter & Company, International Organizations, Gold and Precious Material, Australia
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Analysis: Upgrade crowns Turkey's peaceful rise but pitfalls loom
ReutersPARIS (Reuters) - Turkey's achievement of investment-grade status crowns a decade of rapid growth, financial stability and political reform by a "tiger" economy on the seam of Europe and Asia, but the rising power still faces pitfalls in a dangerous...Tags: NATO, Israel, International Organizations, Abdullah ibn Abdulaziz al Saud, Ankara (Turkey)
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ANALYSIS-Upgrade crowns Turkey's peaceful rise but pitfalls loom
ReutersBy Paul Taylor PARIS, May 17 (Reuters) - Turkey's achievement of investment-grade status crowns a decade of rapid growth, financial stability and political reform by a "tiger" economy on the seam of Europe and Asia, but the rising power still faces...Tags: NATO, Wars and Interventions, Israel, International Organizations, Abdullah ibn Abdulaziz al Saud
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Risks for Cyprus are 'unusually high', adoption of austerity plan imperative: IMF
ReutersNICOSIA (Reuters) - The IMF said on Friday that risks for Cyprus were "unusually high" given its weak banking sector and economy and the island's full adoption of an economic austerity plan was imperative. The island's 17.5 billion euro economy faced...Tags: European Debt Crisis, Cypriot Banking Crisis (2013), Finance, International Organizations, European Union
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Top four central banks may change the tune
ReutersLONDON (Reuters) - The world's major central banks may be shifting their tone subtly from "whatever it takes" to "we can only do so much". Financial markets supercharged this year by the extraordinary monetary stimuli of the top four central banks are...Tags: BNP Paribas, Economic Policy, Inflation and Deflation, Central Bank, International Organizations
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INVESTMENT FOCUS-Top four central banks may change the tune
ReutersBy Mike Dolan LONDON, May 17 (Reuters) - The world's major central banks may be shifting their tone subtly from "whatever it takes" to "we can only do so much". Financial markets supercharged this year by the extraordinary monetary stimuli of the top...Tags: BNP Paribas, Inflation and Deflation, Central Bank, International Organizations, European Central Bank
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IMF says Cyprus economic outlook uncertain, faces risk of even deeper recession
Associated PressWASHINGTON (AP) — The International Monetary Fund said Friday that substantial risks still loom for the Cypriot economy even after a multi-billion dollar international bailout aimed at averting a debt default. A new IMF report predicted a deep...Tags: Cypriot Banking Crisis (2013), Finance, International Organizations, Washington, DC, Economy, Business and Finance
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Turkey's Erdogan says sees opportunity for Cyprus deal
ReutersWASHINGTON (Reuters) - Turkish Prime Minister Tayyip Erdogan said on Thursday he saw a good opportunity for progress towards ending the division of Cyprus, a move that could further the exploitation of natural gas and oil in the eastern Mediterranean....Tags: Cypriot Banking Crisis (2013), Nicos Anastasiades, Barack Obama, European Union, Cyprus
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Central banks saved world economy, now beware the fallout: IMF
ReutersWASHINGTON (Reuters) - Central banks got it right when they saved the world economy, but their unprecedented actions risk disruptive cross-border spillovers and potentially heavy losses when the time comes to reverse course, the IMF said on Thursday....Tags: Globalization, Economic Policy, Inflation and Deflation, Central Bank, International Organizations
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Egyptians gloomier as country struggles after revolt: poll
ReutersCAIRO (Reuters) - Egyptians are getting gloomier about their country's future more than two years after an uprising toppled Hosni Mubarak, but most retain a favorable view of the ruling Muslim Brotherhood, according to a poll released on Thursday. Egypt'...Tags: Qur'an, Religious Texts, Mohamed Morsi, Religion and Belief, Mohamed ElBaradei
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Central banks' actions worked, now beware reactions: IMF
ReutersWASHINGTON (Reuters) - Central banks got it right when they saved the world economy, but their unprecedented actions risk disruptive cross-border spillovers and potentially heavy losses when the time comes to exit, the IMF said on Thursday. In the most...Tags: Economic Policy, Globalization, Inflation and Deflation, Central Bank, International Organizations
May 18, 2013
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May 17, 2013
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May 16, 2013
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May 16, 2013
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May 16, 2013
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May 16, 2013
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