Britons are still angry at bankers for creating the 2008 global financial crisis, and politicians appear to be listening.
Bringing Britain’s bankers to book
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Monthly Archives: February 2013
Spain and Italy’s politics relaunch the Euro crisis
Echoes of investors’ last-year anxieties over the European Union’s crisis have returned as political upheavals befall Spain and Italy.
Defusing China’s new labor activists
Foxconn union elections may be more about Beijing taking the sting out of a new wave of activism in China’s manufacturing industry than about democratizing labor practices.
China’s banks patriotically bail out local governments
Photo Credit: AFP/Getty Images/Frederic J. Brown
Four trillion yuan ($682 billion) of bank loans made to China’s three top tiers of local government – provinces, municipalities and counties – fell due for repayment at the end of last year. Three quarters of it couldn’t be repaid, the Financial Times estimated last week. That is approaching half a trillion dollars worth of debt.
Argentina censured by the IMF, sanctions could follow
In an unprecedented move, the International Monetary Fund has censured Argentina for the quality of its official inflation and growth statistics.
U.S. stocks’ collapse and recovery in one chart
As you were. Dow Jones Industrial Average, Oct 9, 2007-Feb 1, 2013
Almost there. The Dow Jones Industrial Average is closing in on its record high of 14,164.53 reached on October 9, 2007.
Ad Bowl Sunday: Wrapping some football around the commercials
Baltimore Ravens fill in between the ads. Photo Credit: Getty Images/Al Bello
Advertisers will pay an average of $3.8 million for a 30-second spot on the televised showing Sunday of the National Football League‘s Super Bowl, the climax of the football season in the U.S.
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