Lew Calls on Trade-Surplus Nations to Bolster Consumer Demand by Reuters Apr 9th 2013 1:10PM Speaking in Berlin, U.S. Treasury Secretary Jack Lew on Tuesday urged countries with a trade surplus to introduce policies to help domestic consumption.
Could the U.S. Do Like Cyprus and Seize Bank Deposits? by John Grgurich Apr 3rd 2013 4:30PM Cyprus' attempt to raid insured bank accounts has left a bad taste in the mouths of people around the world, and led some to ask: Could it ever happen here in America?
French Tax on Million-Euro Salaries Won't Exempt Soccer Teams by Reuters Apr 2nd 2013 10:59AM France's revamped 75 percent super-tax on annual salaries above €1 million will apply to all companies, including soccer clubs, which were thought to be exempt.
Cyprus' President Appoints Judges to Investigate Economic Crash by The Associated Press Apr 2nd 2013 7:16AM Cyprus' president has appointed a panel of three former supreme court judges to investigate how the country ended up nearly bankrupt.
Eurozone Joblessness Rises to a Record 12% by The Associated Press Apr 2nd 2013 6:02AM Unemployment across the 17 European Union countries that use the euro has struck 12 percent for the first time since the currency was launched in 1999, official figures show.
Bank of Cyprus' Big Depositors to Lose Up to 60% of Savings by The Associated Press Mar 30th 2013 12:10PM Big depositors at Cyprus' largest bank may be forced to accept losses of up to 60 percent, far more than initially estimated, as part of the country's bankruptcy rescue plan.
Cyprus' President Urges Cypriots to 'Share the Burden' by The Associated Press Mar 29th 2013 8:40AM Cyprus' president called on the country to "share the burden" of solving its financial crisis Friday as banks opened for normal business for the second day.
