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Tag Archive | "economy"

Ireland votes on scrapping upper house of parliament

Friday, October 4, 2013

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Irish Catholic nuns exit a polling station after casting their ballots for the Seanad (senate) referendum in Dublin, Ireland, on October 4, 2013

Cash-strapped Ireland voted in a referendum on Friday on whether to back Prime Minister Enda Kenny's controversial proposals to abolish the upper house of parliament.

Greece sends message to doubters with arrest of neo-Nazi

Saturday, September 28, 2013

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The leader of ultra-right wing Golden Dawn party Nikos Michaloliakos is escorted by masked police officers to the prosecutor from the police headquarters in Athens on September 28, 2013

With the arrest of a neo-Nazi leader on Saturday, the Greek government is sending a message of strength despite longstanding financial turmoil to many at home and abroad, analysts claim.

Five years after Lehman: bank regulation incomplete

Thursday, September 12, 2013

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A Wall Street sign is shown in front of the New York Stock Exchange on February 4, 2013

Five years after Lehman Brothers collapsed, the huge job of preventing the financial sector from bringing down the US economy again remains an unfinished work.

IMF warns G20 of slowing emerging economies

Wednesday, September 4, 2013

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IMF Managing Director Christine Lagarde (C) arrives at Saint Petersburg's airport to attend the G20 on September 4, 2013

The International Monetary Fund warned the Group of 20 Wednesday that emerging economies were slowing more than expected and under pressure from US plans to slow its stimulus.

Needy Spanish pupils go to summer school for lunch

Sunday, September 1, 2013

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Children eat during school time in the Parish of San Antonio Abab, in Sevilla, on August 29, 2013

While other children are at the beach or campsite for their summer holidays, eight-year-old Jose Alberto is back in the classroom in the August heat.

Economic worry shifts to emerging markets at Russian G20

Sunday, September 1, 2013

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Leaders from the BRICS group of emerging powers, Durban, South Africa, March 27, 2013

Long hailed as the hungry new tigers of the global economy, the world's biggest emerging markets will be the chief economic focus at the G20 summit in Russia this week as their once surging prospects suddenly dim.

Spain logs rare current account surplus

Friday, August 30, 2013

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A picture taken on May 29, 2012 shows a coin of euro with a Spanish national flag in the background

Spain recorded a current account surplus in January-June this year for the first time on record as exports and investor confidence in the recession-hit country strengthened, officials said.

Italian rates rise in six-month bond auction

Wednesday, August 28, 2013

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A trader uses telephones in a bank trading roomin Milan, Italy on May 31, 2010

Italy raised 8.5 billion euros ($11.4 billion) as planned at an auction of six-month bills on Wednesday, but the interest rate demanded by investors rose to 0.886 percent from 0.799 percent in July.

Loans to eurozone businesses drop sharply: ECB

Wednesday, August 28, 2013

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Mario Draghi, President of the European Central Bank, ECB in Frankfurt, Germany, July 4, 2013

Lending to businesses in the debt-mired eurozone contracted sharply in July, data published by the European Central Bank showed on Wednesday, a potential source of concern for economic recovery.

Turkish lira falls despite bank action, amid Syria tension

Wednesday, August 28, 2013

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Turkish liras are being counted at a stock-exchange office in Istanbul, on April 30, 2007

The Turkish lira fell further against the dollar on Wednesday, despite assurances by the central bank and amid tension over Syria.

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