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Japan stimulus has investors eyeing Europe
Stephen Beard Apr 9, 2013
The value of the Japanese yen fell to its lowest level in four years after a huge monetary stimulus package was unveiled last week, and the effects of the stimulus are starting to be felt far away from Japan.
Portugal court throws austerity cuts for a loop
Alison Roberts Apr 8, 2013
Portugal's economic future is in doubt this morning after the country's high court ruled that many of the government's bailout cuts are unconstitutional.
Japan central bank hopes a bold bond buy will solve an old problem
Rupert Wingfield-Hayes Apr 4, 2013
Japan is fed up with deflation and a sluggish economy, and its central bank is getting aggressive. Today, the Bank of Japan launched a sweeping bond-buying program to pump money into the economy.
Euro unemployment rises to record high 12 percent
Stephen Beard Apr 2, 2013
The jobless rate across the 17 counties that use the euro currency rose to 12 percent in January and February of 2013, adding to signs that the region's economic slump may not be over.
Cyprus calm but crisis effects ripple
Stephen Beard Mar 29, 2013
Banks are open for the second day in Cyprus after two weeks of closure. From the outside, things appear to be calm. The President of Cyprus said this morning that the country will not leave the euro.
Cyprus banks re-open to crowds of eager customers
Rob Young Mar 28, 2013
Banks in Cyprus have just re-opened for the first time in two weeks. Although there are tough restrictions on just how much cash customers can withdraw and what they can do with that money once they have it.
A view from inside the crisis in Cyprus
Nigel Cassidy Mar 26, 2013
Fears of capital flight keep banks closed in Cyprus until Thursday. How are local businesses and individuals reacting to the shutdown?
What just happened in Cyprus? An explainer
Paddy Hirsch Mar 25, 2013
The moral of the story of the near collapse of Cyprus' banking system is that when a saving rate looks too good to be true, it probably is.
Cyprus avoids bankruptcy with $13 billion bailout deal
Stephen Beard Mar 25, 2013
After more than a week of turmoil, eurozone finance ministers reached a last minute deal to grant Cyprus a $13 billion bailout.
It's going to be a long weekend for Cyprus
Kai Ryssdal Mar 22, 2013
The European Central Bank has given the small island nation until Monday to agree on a new plan to raise billions of dollars and avoid bankruptcy.
