Financial Crisis

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 2018-01-24 09:22 

Express

Expert who predicted 2008 crash concludes we are heading for ANOTHER financial MELTDOWN...

THE WORLD is on the cusp of another financial crisis due to another developing housing market bubble, according to a financial expert who predicted the worst financial crisis since the Great Depression....

 2018-01-24 09:00 

Wall Street Journal

IMF Urges Action on Europe's Generation Gap...

Austerity measures undertaken by governments in the wake of the global financial crisis and high rates of long-term unemployment have widened the gap in incomes between the old and the young across Europe, according to the International Monetary Fund....

 2018-01-24 09:00 

Bloomberg

Volcker Rule Rollback Gains Steam With Help From a Top Bank Ally...

Wall Street watchdogs appointed by President Donald Trump are evaluating a specific proposal for easing the Volcker Rule, one of the financial industry's most-hated restrictions because it put shackles on bank trading after the 2008 financial crisis....

 2018-01-24 04:26 

South China Morning Post

Oscar nomination delights maker of Chinatown bank documentary, who's proud of a film that 'people really love'...

Filmmaker Steve James was watching the Academy Award nominations on television when he found out his film Abacus: Small Enough to Jail was in the running for this year's Oscar best documentary."I sat there with my wife and it was a sweet moment. S...

 2018-01-24 02:37 

NY Post

Evidence suggests a massive scandal is brewing at the FBI...

During the financial crisis, the federal government bailed out banks it declared "too big to fail." Fearing their bankruptcy might trigger economic Armageddon, the feds propped them up with taxpayer cash. Something similar is happening now at the ...

 2018-01-24 01:00 

Vancouver Sun

Attorney General slams predecessor for hiding ICBC finance recommendations...

The former Liberal government wrecked the finances of public auto insurer ICBC by choosing to ignore recommendations delivered as early as 2014 on how to avoid a financial crisis, says Attorney Gen......

 2018-01-24 00:24 

The Age

World must 'wake up to threat' posed by Google, Facebook, warns billionaire...

Silicon Valley billionaire Marc Benioff has compared the current crisis of trust facing the tech giants to the financial crisis of a decade ago, urging regulators to wake up to the threat from Google, Facebook, and the other dominant firms....

 2018-01-23 19:37 

Marketwatch.com

Key Words: Did too much leverage cause the financial crisis? Trump's FDIC pick isn't sure...

Jelena McWilliams, President Trump's pick to head the Federal Deposit Insurance Corp., won't quite say whether excess leverage on Wall Street caused the 2008 financial crisis....

 2018-01-23 17:59 

The Telegraph

RBS to sell London HQ as cost-cutting drive continues...

Taxpayer-owned RBS is ditching the London headquarters from which disgraced former boss Fred Goodwin ran his bloated banking empire prior to the financial crisis....

 2018-01-23 15:30 

Business Report (IOL)

#WEF - Could 2018 be the year of the next financial crisis?...

Keynote speakers at the World Economic Forum discussed whether 2018 could be the year for the next financial crisis....

 2018-01-23 14:40 

Atlanta Journal Constitution

Michigan woman facing financial crisis wins lottery jackpot...

It has been a difficult year for a Michigan woman, who has struggled to pay the bills while taking c......

 2018-01-23 14:38 

The Sun

Boost for economy as borrowing reaches lowest point in 10 years and the pound soars in value...

PHILIP HAMMOND got a double boost today as borrowing tumbled and the pound soared. Government borrowing has plunged by a third reaching the lowest levels since before the credit crisis a decade ago. Within hours, the Treasury's independent forecasters...

 2018-01-23 14:22 

KOKI/KMYT/KOKI/KMYT

[ Tulsa ]

Michigan woman facing financial crisis wins lottery jackpot...

It has been a difficult year for a Michigan woman, who has struggled to pay the bills while taking care of her mother full time....

 2018-01-23 14:22 

WFOX

[ Jacksonville ]

Michigan woman facing financial crisis wins lottery jackpot...

It has been a difficult year for a Michigan woman, who has struggled to pay the bills while taking care of her mother full time....

 2018-01-23 14:22 

WHBQ

[ Memphis ]

Michigan woman facing financial crisis wins lottery jackpot...

It has been a difficult year for a Michigan woman, who has struggled to pay the bills while taking care of her mother full time....

 2018-01-23 14:22 

WSOC-TV

[ Charlotte, NC ]

Michigan woman facing financial crisis wins lottery jackpot...

It has been a difficult year for a Michigan woman, who has struggled to pay the bills while taking care of her mother full time....

 2018-01-23 14:22 

Fox 25 Boston

Michigan woman facing financial crisis wins lottery jackpot...
 2018-01-23 14:22 

Fox 25 Boston

Woman facing financial crisis wins lottery jackpot...
 2018-01-23 11:38 

The Telegraph

The world's tech giants are 'abdicating responsibility', says Salesforce boss Marc Benioff...

Silicon Valley billionaire Marc Benioff has compared the current crisis of trust facing the tech giants to the financial crisis of a decade ago, urging regulators to wake up to the threat from Google, Facebook, and the other dominant firms....

 2018-01-23 11:16 

Reuters

Oil at $70 is no quick fix for Gulf economies...

Rising oil prices are easing fears of a financial crisis in the Gulf, but they look unlikely to trigger another economic boom in the region, a quarterly Reuters poll of private economists shows....

 2018-01-23 11:00 

Vancouver Sun

Liberals scrubbed 2014 report into ICBC financial crisis...

VICTORIA — An independent review of the Insurance Corp. of B.C. three years ago recommended caps on minor injury claims and premium hikes for high-risk drivers — moves that could have h......

 2018-01-23 10:34 

AP

The Latest: Modi draws crowd for keynote speech at Davos...

DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local):11:35 a.m.Indian Prime Minister Narendra Modi is drawing a crowd in Davos.IMF Managing......

 2018-01-23 10:29 

CBS 8

[ San Diego ]

The Latest: Financial crisis expert downplays crash fears...

Stock markets around the world are flying high amid a synchronized global upturn but a leading U.S. investor is warning of a potential "reckoning"....

 2018-01-23 10:17 

AP

The Latest: Financial crisis expert downplays crash fears...

DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local):11:15 a.m.An expert on global financial crises is downplaying fears that the world is se......

 2018-01-23 09:07 

News12.com

[ Westchester ]

The Latest: Financial crisis expert downplays crash fears...

Stock markets around the world are flying high amid a synchronized global upturn but a leading U.S. investor is warning of a potential "reckoning"....

 2018-01-23 08:36 

CNBC

Banks 'don't even have a plan A' for another financial crisis, Rogoff says...

Financial institutions have fewer tools to deal with a crisis than ever before, according to the Harvard economist....

 2018-01-23 05:00 

Forbes

The Fatal Conceit of the Government Mortgage Complex...

The new FHFA proposal, much like older Senate plans, seeks to preserve and expand as much of the old housing finance system as possible. If that system hadn't been ground zero of the 2008 financial crisis, maybe this new alliance between FHFA, Treasur...

 2018-01-23 01:32 

New Indian Express

[ Kerala ]

GST, demonetisation affected economy: Guv...

A slew of measures, including legislation to ensure minimum wages for teachers, were announced. But there were no announcements on new major projects due to the state's financial crisis....

 2018-01-23 00:01 

The Times

World economic growth 'best in eight years', Christine Lagarde tells Davos...

The world is enjoying its best period of growth since emerging from the global financial crisis because of US tax cuts and rapid expansion in Europe and Asia, according to the International......

 2018-01-23 00:01 

The Times

Alternative to government bonds could prevent crisis...

Europe's next financial crisis may be averted with the help of a new "safe asset" aimed at breaking a vicious circle of lending by banks to their national governments, the governor of the Central......

 2018-01-22 21:22 

San Antonio Express-News

Don't party too hard is Davos warning as world growth rises...

The combination of optimism and caution will set the tone for a week of meetings a decade after the worst financial crisis since the Great Depression....

 2018-01-22 21:22 

San Antonio Express-News

Don't party too hard is Davos warning as world growth rises...

The combination of optimism and caution will set the tone for a week of meetings a decade after the worst financial crisis since the Great Depression....

 2018-01-22 21:14 

Reuters

UPDATE 2-S.Africa's Eskom looks to borrow $1.7 bln to ease financial crisis...

* National Treasury to support Eskom's bid to persuade localbanks* Utility may approach international banks at later stage* Eskom to meet JSE's deadline to submit interim results* Suspended CFO Singh resigns with immediate effect(Adds resignation ...

 2018-01-22 21:00 

The Strait Times

UBS to buy back $2.7b of stock as bank tweaks targets...

ZURICH UBS Group chief executive Sergio Ermotti is responding to investor demands for higher returns with the bank's first share buyback since the financial crisis.. Read more at straitstimes.com....

 2018-01-22 20:45 

Gulf Times

AIG to acquire reinsurer Validus for $5.56bn in cash...

American International Group Inc, emerging from years of retrenching after its near demise in the financial crisis, agreed to buy Bermuda reinsurer Validus Holdings Ltd for about $5.56bn in cash....

 2018-01-22 19:43 

San Antonio Express-News

Don't party too hard is Davos warning as world growth rises...

The combination of optimism and caution will set the tone for a week of meetings a decade after the worst financial crisis since the Great Depression....

 2018-01-22 19:20 

AllAccess.com

Marketplace Sets Year-Long Series On 2008 Financial Crisis And Its Impact Today...

MARKETPLACE is marking the tenth anniversary ot the 2008 financial crisis with a special year-long project, "Divided Decade," which will include reports and content examining how ......

 2018-01-22 17:40 

Irish Independent

Eurozone leaders hail Greece's emergence from financial crisis...

Greece is expected to pass the latest review of its bailout programme, putting it on track to emerge from its eight-year rescue this summer, key eurozone leaders have said....

 2018-01-22 12:51 

CNN Money

AIG, once on death's door, is doing deals again...

Insurance company AIG almost went under during the 2008 financial crisis. It then had to dump a lot of assets to pay back the $182 billion bailout from the government. But AIG is finally growing again -- and it is looking to do more deals....

 2018-01-22 11:54 

Reuters

UPDATE 1-S.Africa's Eskom looks to borrow $1.7 bln to ease financial crisis...

South Africa's Eskomwill ask local banks to reopen lending facilities thatwere suspended last year, its spokesman said on Monday, as thestate utility seeks to drag itself out of a crisis that poses arisk to the country's financial stability....

 2018-01-22 11:54 

Reuters

[ UK ]

UPDATE 1-S.Africa's Eskom looks to borrow $1.7 bln to ease financial crisis...

(Gives details, adds background)...

 2018-01-22 09:54 

The Strait Times

UBS to buy back 2 billion Swiss francs of stock as bank rejigs targets...

ZURICH (BLOOMBERG) - UBS Group chief executive officer Sergio Ermotti is responding to investor demands for higher returns with the bank's first share buyback since the financial crisis.. Read more at straitstimes.com....

 2018-01-22 07:01 

The Guardian

Top 1% of Australians own more wealth than bottom 70% combined...

Australia now has 33 billionaires, up from 14 since before the global financial crisis in 2008...

 2018-01-22 06:51 

Bloomberg

How to Attack Greece's Persistent Unemployment? Grow Some Weed...

The Greek economy has been hammered by 10 years of financial crisis, with unemployment topping 20 percent every year since 2012. Now, the government thinks pot growers can help....

 2018-01-22 00:17 

The Age

'The time to act may be now': World Bank worried about global economy...

Almost a decade after the financial crisis, economies in just about every corner of the world are growing - but can it last?...

 2018-01-20 22:12 

Times Herald Record

Laura Medigovich: Count on FDIC to protect your bank deposits...

Have you ever wondered what the Federal Deposit Insurance Corporation, more commonly referred to as the FDIC, does and why it was created?While the organization has garnered much attention in the wake of the financial crisis, the FDIC was originally creat...

 2018-01-20 00:35 

The Daily Mail

Millions of drivers struggling to pay car payments...

Millions of drivers who have bought cars on credit are struggling to afford the payments, research shows. It has triggered fears many could default on their loans, triggering a financial crisis....

 2018-01-19 22:10 

Observer

Architect Patrik Schumacher Doubles Down on Free Market Urbanism...

A self-described former Marxist, Schumacher came into his libertarian beliefs after the 2008 Financial Crisis....

 2018-01-19 22:00 

Fox Business

GE shares stumble to worst week since financial crisis...

General Electric shares tumbled for a fifth straight session on Friday, sending the stock to its biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the we...

 2018-01-19 21:27 

Reuters

[ World ]

GE shares stumble to worst week since financial crisis...

General Electric shares tumbled for a fifth straight session on Friday, sending the stock to its biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the we...

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