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.
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.
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.
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.
Mar 8, 2013 The Dow Jones Industrial Average has hit yet another all-time high -- and the world is following suit. Global shares are at their highest level since June of 2008, thanks to strong market performance in France, Germany, the U.K., and Japan.
Feb 27, 2013 Taxpayers face a double whammy thanks to the sequester. The budget cuts could delay IRS refunds. That's after the fiscal cliff debate delayed the start of filing season.
Feb 26, 2013 Poll results in Italy show power is split between a number of parties, including one led by former Italian Prime Minister, Silvio Berlusconi.
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.
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.
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?