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Cyprus economic crisis: 'Still recovering' one year on

Sep 15, 2014 at 18:32 | Source: BBC

They may have painted out every single sign on the large abandoned bank building up for sale in the centre of Nicosia, but a year on from a chaotic 10bn euro ($13.9bn; £8.4bn) EU and IMF bailout - nobody has forgotten the name of Laiki. Laiki was th...

Hope for safety rating lift

Sep 15, 2014 at 07:52 | Source: Calcutta Telegraph News

New Delhi, Sept. 14: Officials of America’s Federal Aviation Administration (FAA) are expected to review the steps taken by India to improve flight safety. The FAA had downgraded the country’s aviation safety rating to Category 2 in Janu...

Espirito Santo debts sold via Jersey

Sep 15, 2014 at 02:36 | Source: BBC

Three companies implicated in the downfall of the Portuguese bank, Banco Espirito Santo (BES), are registered in Jersey. They bought debts from the bank, and other Espirito Santo companies, and repackaged them as investments for branch customers. Fol...

Ireland's Early IMF Loan Pay-Off Gets Initial EU Approval

Sep 13, 2014 at 22:00 | Source: Bloomberg

European Union finance ministers reached a provisional deal that would allow Ireland to make an early repayment of International Monetary Fund bailout loans. The ministers, meeting in Milan, said an early pay-off of most of the 22.5 billion euros ($2...

Vinod Rai's scoop: UPA scams began within 70 days of Manmohan becoming PM

Sep 13, 2014 at 16:55 | Source: FirstPost

Vinod Rai, the former Comptroller and Auditor General (CAG) who made waves with his scathing reports on the 2G, coal blocks, and Commonwealth Games scams under UPA, has actually put his finger on what could be yet another scam a scam that is less li...

Vinod Rai scoop: UPA scams began within 70 days of Manmohan becoming PM

Sep 12, 2014 at 19:32 | Source: FirstPost

Vinod Rai, the former Comptroller and Auditor General (CAG) who made waves with his scathing reports on the 2G, coal blocks, and Commonwealth Games scams under UPA, has actually put his finger on what could be yet another scam a scam that is less li...

Vinod Rai scoop: UPA scams started within 70 days of Manmohan Singh becoming PM

Sep 12, 2014 at 16:39 | Source: FirstPost

Vinod Rai, the former Comptroller and Auditor General (CAG) who made waves with his scathing reports on the 2G, coal blocks, and Commonwealth Games scams under UPA, has actually put his finger on what could be yet another scam a scam that is less li...

The Vinod Rai scoop: UPA scams started in 70 days of Manmohan Singh as PM

Sep 12, 2014 at 14:26 | Source: FirstPost

Vinod Rai, the former Comptroller and Auditor General (CAG) who made waves with his scathing reports on the 2G, coal blocks, and Commonwealth Games scams under UPA, has actually put his finger on what could be yet another scam a scam that is less li...

The Vinod Rai scoop: UPA scams started within 70 days of Singh as PM

Sep 12, 2014 at 12:55 | Source: FirstPost

Vinod Rai, the former Comptroller and Auditor General (CAG) who made waves with his scathing reports on the 2G, coal blocks, and Commonwealth Games scams under UPA, has actually put his finger on what could be yet another scam a scam that is less li...

The Vinod Rai scoop: UPA corruption began within 70 days of Singh as PM

Sep 12, 2014 at 11:35 | Source: FirstPost

Vinod Rai, the former Comptroller and Auditor General (CAG) who made waves with his scathing reports on the 2G, coal blocks, and Commonwealth Games scams under UPA, has actually put his finger on what could be yet another scam a scam that is less li...

IMF in Talks With African Nations to Expand Bailouts for Ebola Crisis

Sep 12, 2014 at 02:45 | Source: Wall Street Journal

The International Monetary Fund on Thursday warned the West African Ebola epidemic requires a "large scale" global intervention to control a crisis that is ravaging economies in the region. The IMF, the world's emergency len...

IMF In Talks With African Nations to Expand Bailouts on Ebola Crisis

Sep 11, 2014 at 23:38 | Source: Wall Street Journal

The International Monetary Fund on Thursday said it is in talks to boost emergency bailouts for Sierra Leone, Guinea and Liberia as the Ebola crisis in West Africa slashes the countries' economic prospects and overwhelms government financing....

IMF In Talks with African Nations to Expand Bailouts On Ebola Crisis

Sep 11, 2014 at 22:01 | Source: Wall Street Journal

The International Monetary Fund on Thursday said it is in talks to boost emergency bailouts for Sierra Leone, Guinea and Liberia as the Ebola crisis in West Africa slashes the countries' economic prospects and overwhelms government financing....

RadioShack seeks rescue and warns of bankruptcy

Sep 11, 2014 at 21:52 | Source: BBC

US electronics retailer RadioShack has said that it is in talks to restructure the firm but warned that if an investment is not secured soon, it could be forced to declare bankruptcy. The chain has struggled to offload its costly real estate portfoli...

TSB to open up to 30 new branches, while 300 other banks shut

Sep 10, 2014 at 13:57 | Source: BBC

TSB - the bank formerly owned by Lloyds - has confirmed that it is in the process of opening up to 30 new branches. It is not prepared to divulge where they will be, as it is in the process of negotiating to acquire the sites. Experts believe the new...

RBS Debt to British Taxpayer Threatened by Scottish Vote

Sep 09, 2014 at 14:01 | Source: Bloomberg

U.K. taxpayers are seeing the chance of recouping their money from the world's biggest bank bailout recede as Scottish voters stand on the brink of dissolving the 307-year-old union. Royal Bank of Scotland Group Plc shares have erased most of...

RBS Debt to British Taxpayer Threatened by Scottish Vote

Sep 09, 2014 at 14:00 | Source: Business Week

U.K. taxpayers are seeing the chance of recouping their money from the world's biggest bank bailout recede as Scottish voters stand on the brink of dissolving the 307-year-old union. Royal Bank of Scotland Group Plc shares have erased most of...

Raghuram Rajan says monetary stimulus may backfire, provoke forex savings

Sep 07, 2014 at 10:45 | Source: Economic Times

BOSTON: Aggressive monetary policy by developed economies may hurt global growth by pushing emerging markets to pile up foreign-exchange reserves instead of spending, Reserve Bank of India governor Raghuram Rajan said. Rajan, a regular critic of the ...

Spain Outperforming Euro Area Boosts Draghi's Case for Reforms

Sep 03, 2014 at 14:53 | Source: Bloomberg

Mario Draghi's calls for structural reforms in crisis-hit countries are finding support in economic data. Gauges of manufacturing and services activity in Spain and Ireland, where governments have boosted competitiveness in exchange for bailo...

Ukraine rebels say they are poised to recapture Donetsk airport

Sep 03, 2014 at 00:15 | Source: FirstPost

BRUSSELS/DONETSK Ukraine (Reuters) - EU officials proposed sanctions on Tuesday to starve Russian firms of cash as punishment for Moscow's role in Ukraine, where rebels said they were storming Donetsk airport, potentially their biggest prize since tu...

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