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Tag Archive | "politics"

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.

Italy ‘faces financial storm’ over Berlusconi

Monday, August 26, 2013

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A demonstration in support of Silvio Berlusconi outside his home in Rome, on August 4, 2013

Instability in Italy over Silvio Berlusconi's future could trigger early elections next year and punish the country on the financial markets starting this week, a top US economist warned on Monday.

G20 puts growth before austerity as recovery splutters

Sunday, July 21, 2013

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Participants of the G20 Finance Ministers and Central Bank Governors' meeting, pictured in Moscow, on July 20, 2013

Facing a fragile recovery and the threat of a new economic slowdown, the G20 this weekend agreed to prioritise boosting growth and jobs and for now to pay less attention to reducing swollen budget deficits.

Swiss bank seeks charges against ex-employee

Saturday, July 13, 2013

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Pierre Condamin-Gerbier, former official of Reyl et Cie, appears on July 3, 2013 at the National Assembly in Paris

Swiss bank Reyl and Cie, under investigation in France for enabling tax fraud, said on Saturday it had filed a criminal complaint against a former employee who testified in the case.

Senators propose new banking regulations

Thursday, July 11, 2013

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New York Stock Exchange's bull stands under police barricades' protection November 21, 2011

A bipartisan group of US senators introduced a "21st Century Glass Steagall Act" on Thursday aimed at rebuilding a wall separating traditional banks from riskier activities like investment banking.

Swiss parliament holds up US bank deal

Wednesday, June 5, 2013

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Pedestrians walk past an embossed Bank sign in the street on October 13, 2012 in Zurich

The lower house of the Swiss parliament refused Wednesday to debate a government deal settling a dispute with Washington over the alleged complicity by Swiss banks in tax evasion by Americans.

Legal fees scam rocks PNG government

Thursday, May 23, 2013

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Papua New Guinea Prime Minister Peter O'Neill, shown in Port Morseby in 2011

Papua New Guinea Prime Minister Peter O'Neill has threatened to sack everyone in his finance department over a $32 million scam involving top officials and lawyers, reports said Thursday.

EU seeks to unleash crackdown on tax evasion

Tuesday, May 14, 2013

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Luxembourg's PM Jean-Claude Juncker (L) and EU Council President Herman Van Rompuy, seen in Brussels, on May 13, 2013

European finance ministers on Tuesday bid to unlock a trillion-euro annual crackdown on tax evasion, under pressure from EU leaders looking for new measures to boost job creation and growth at their Brussels summit next week.

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