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Europe debt crisis

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Ex-Bank of England member: Central bank action an ominous sign

Dec 9, 2011
Markets breathed a sigh of relief last week as central banks around the world agreed to joint action to fight the European debt crisis. But according to someone on the front lines in 2008, this could mean things are worse than we know.
Posted In: European Central Bank, Bank of England, Europe debt crisis

How China is feeling the euro debt crisis

Dec 9, 2011
The crisis in Europe has hurt worldwide demand for goods, and workers in China are protesting against the lost wages that come with decreased output
Posted In: China, Europe debt crisis, protests, manufacturing

Most euro leaders agree on plan for fiscal austerity

Dec 9, 2011
Britain and three other countries are out of the picture, but those remaining believe the new treaty will mean much more balanced budgets on the continent in the future.
Posted In: Europe debt crisis, fiscal union

EU RIP? Europe deal fractures union

Dec 9, 2011
A new fiscal pact leaves the U.K. and three other nations out in the cold, as European leaders scramble to convince investors that they have diffused the debt bomb at the European summit in Brussels
Posted In: Europe debt crisis

European summit almost gets the job done

Dec 9, 2011
A deal was reached among the majority of countries in the European Union at today's summit, but a few countries are sticking on the sidelines.
Posted In: Europe debt crisis, david cameron

Germany's tough role in euro debt crisis

Dec 8, 2011
Critics have been complaining that Germany has grown too dominant in the EU, a sharp turn from previous complaints that the country wasn't doing enough to solve the problem.
Posted In: Europe debt crisis, Germany

Smaller euro countries fear pressure from France, Germany

Dec 8, 2011
Representatives from countries like Finland fear that tomorrow's summit could force their hand on some issues, and create a new culture in the eurozone where powerful countries trump the rest.
Posted In: Europe debt crisis, Finland

PODCAST: Bigger stockpiles, butter shortage

Dec 8, 2011
Jon Corzine heads to Congress today to answer for the collapse of brokerage firm MF Global. The European Union is looking to the International Monetary Fund for bailout help, and that could have ripple effects in the U.S. Reporter Sally Herships looks at what other businesses can gain from big-box storse like Costco and Walmart. And the countdown to a big European summit is nearing its end.
Posted In: butter, Retail, Oil, Europe debt crisis

Citigroup announces planned layoffs

Dec 7, 2011
Citigroup is just the latest is a long line of big banks announcing layoffs in recent months.
Posted In: Citigroup, Europe debt crisis

PODCAST: Waiting to exhale on Europe, the CFPB, and payroll tax cuts

Dec 7, 2011
President Obama continues his quest to extend payroll tax cuts, and delivered a big speech on the economy yesterday in Kansas. Republican Presidential Candidate Newt Gingrich is ahead in the polls, but far behind in raising funds for his campaign. The fate of the Consumer Financial Protection Bureau remains unknown, and today the FDA decides whether one drug should be sold over-the-counter.
Posted In: payroll tax, Europe debt crisis

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