Pages
Cyprus bank customers asked to help bail out banks
Stephen Beard Mar 18, 2013
Anyone with cash in a bank account in Cyprus could lose up to 10 percent of it, as a one off tax to help fund a bank bailout.
Cyprus bailout tax causes alarm around the world
Julia Coronado Mar 18, 2013
Julia Coronado, chief economist with the investment bank BNP Paribas, explains how the situation in Cyprus is rippling out to other economies around the world.
Cyprus bailout: Depositors face tax, hurry to withdraw cash
Stephen Beard Mar 18, 2013
Financial markets in Asia and Europe fell sharply today thanks to the unusual terms of the EU bailout of Cyprus. A tax of up to 10 percent on bank deposits in Cyprus was proposed to defray some of the cost of the bailout.
5 things you need to know about Cyprus' economy
Katie Long Mar 18, 2013
As Cyprus debates a controversial bailout plan to tax savings accounts, here are the five things you need to know about Cyprus, its economy, and why it is important to the global economic recovery.
Stressed out? Banks get the Fed's diagnosis
Sabri Ben-Achour Mar 7, 2013
As the Federal Reserve issues its annual stress test results for big banks, the question is do they have enough cash to survive a deep recession, a 50 percent stock market fall and 12 percent unemployment?
Will you take a hit from the sequester?
Juli Niemann Feb 27, 2013
Federal Reserve Chairman Ben Bernanke has warned members of Congress that the sequester's spending cuts, which kick in on Friday, will harm the already fragile economic recovery.
Federal Reserve Chief Ben Bernanke takes the stand
David Gura Feb 26, 2013
In his semi-annual report to Congress, Ben Bernanke reaffirmed the Federal Reserves bond buying policy, but said monetary policy alone cannot prop up the economy.
Italy election deadlock reignites debt crisis fears
Christopher Werth Feb 26, 2013
The European debt crisis has calmed down a lot in the past few months, but elections in Italy have ended in deadlock and uncertainty is back.
With no clear victor, uncertainty wins Italy's election
Mark Duff Feb 26, 2013
Global stock markets are falling this morning after preliminary election results in Italy indicate no political party won a clear majority in parliament.
Italy election: Bombastic billionaire Berlusconi versus austerity
Stephen Beard Feb 22, 2013
Italian media magnate and former Prime Minister Silvio Berlusconi is seeking re-election at the polls this weekend. But will the country take him back or stick with their austerity agenda?
