Ireland

How Charitable Are Americans?

America's charitable giving can be emotional, highly variable, and astonishing. Here are the facts about who gives what, and tips on how to be an effective philanthropist.

It's International Women's Day: How Does the U.S. Wage Gap Compare?

Happy International Women's Day, America: Overall, your women are doing pretty well. But when it comes to wage equality -- how much women earn compared to men -- the land of the free and the home of the brave ranks a startling 61st worldwide, behind nations like Madagascar, Cambodia and Guyana.

5 Foreign Stocks You Can Snap Up at Bargain-Basement Prices

when a country's stock market gets crushed due to wider economic concerns, some promising often stocks get unfairly punished. Here are five foreign companies whose shares are trading now at attractive prices, along with explanations for why they're such bargains.

Don't Fear a Moody's Downgrade - Fear a China Slowdown

Credit rating agency Moody's is threatening to downgrade U.S. debt if Washington doesn't get its act together soon -- which could (perhaps) increase the government's borrowing costs. That would be troublesome, but the really scary U.S. debt problem is China's economic slowdown.

Netflix's New Goal: Rule Britannia, and Ireland Too

Netflix hopes its latest move doesn't turn out to resemble a British comedy. The video buffet operator introduced its streaming service in Ireland and the U.K. on Monday. And while overseas expansion is old hat for Netflix, this time, the challenges are bigger.

Cautious Investors Stay Focused on Europe's Woes

Stock markets in Europe traded in fairly narrow ranges Monday as Germany's leader warned that Greece may not get its next batch of bailout cash. Chinese shares surged after authorities pledged to increase bank lending to entrepreneurs. Europe's stumbling efforts to get a handle on its debt crisis remains the focus of interest in the markets.

5 Ways Europe's Woes Will Hit Your Finances in 2012

By most indications, the U.S. economy is recovering fairly well for the time being. But across the Pond in Europe, another story is unfolding that has the stock market worried -- and it should have your attention, too.

Poker Champ Pays No Taxes on $8.7 Million

There's Herman Cain's 9-9-9 Plan. There's the Buffett Rule. But Pius Heinz's All for Me deal is our favorite. Heinz recently won the World Series of Poker in Las Vegas, earning $8,715,636 -- tax-free.

Why the European Debt Crisis Is Far From Over

The European debt crisis is back: Portugal is in political turmoil, and may need a major bailout, and Spain may too. But the E.U.'s strong healthy are rebelling against propping up their weaker neighbors. The real issue, though, is that the E.U. hasn't yet addressed the fundamental flaw built into it at the euro's creation.

S&P Downgrades Ireland's Debt to A-

Standard & Poor's downgraded Ireland's debt rating by one notch on Wednesday due to concerns over possible increased capital requirements by the country's banks.

Best and Worst Global Stock Markets of 2010

The big national stock market winners of 2010 scored returns far above those of U.S. markets by piggybacking on China's ferocious growth. But rebounding American equities look mighty impressive next to the year's real losers: the victims of the eurozone debt crisis.

Ireland's Credit Rating Downgraded 3 Notches by Fitch

Fitch Ratings has downgraded Ireland three notches from A to BBB , citing the costs of restructuring the Irish banking system, the country's weak growth prospects, and uncertainty about its economy due to the deepening financial crisis, despite the international economic assistance it received last month.

Ireland's Austerity Budget:
Not Likely to Avoid Default

Despite its planned austerity budget, the long-term solvency of Ireland is still in doubt. Simply put, the losses which Irish taxpayers must cover are larger than the nation's economy can support, making sovereign debt default likely even with a promised bailout from the EU and IMF.

ECB Leaves Rates Unchanged; Markets Await Word from Trichet

The European Central Bank left interest rates unchanged for a 20th straight month. Officials at the ECB in Frankfurt left the benchmark lending rate unchanged at 1%, Bloomberg News reported. The move was widely forecast by analyst and economists.

Spain to Sell Stake in State Lottery as Debt Crisis Looms

With the fears of a European sovereign debt crisis growing worse, the Spanish government said Wednesday that it's taking several measures to stop the fiscal contagion from reaching its shores, including selling a 30% stake in its national lottery business, Bloomberg reported.

Investors May Need Better Reasons to Buy Stocks

Given all that transpired globally over the Thanksgiving weekend, the idea of holding risky assets like stocks should give investors heartburn. A good Black Friday weekend and strong holiday selling season will draw traders' gazes, but that's no sure shot.

Ireland's Credit Rating Cut by Standard & Poor's

Ireland%u2019s credit rating was lowered two notches by Standard & Poor%u2019s, as the country prepares to offer a four-year budget aimed at slashing the deficit. "The Irish government looks set to borrow over and above our previous projections to fund further bank capital injections into Ireland%u2019s troubled banking system," S&P said, according to Bloomberg News.

How Bad Could Ireland Get? See Iceland

Despite widespread anxiety about the Greek debt crisis last summer, global markets recovered with minimum damage. Now, investors facing another crisis in Ireland may be tempted to draw a comforting lesson from the Greek experience. But it may not be that simple.

Can Hong Kong Gently Deflate Its Real Estate Bubble?

Hong Kong took a new step this week to let some air out of its real estate bubble, levying a heavy tax on property flippers -- a move that has already sent asking prices there downward. But Hong Kong's real estate risks are dwarfed by those in Mainland China.

Ireland to Overhaul Banking Sector as Part of Rescue Package

Ireland officially applied for a rescue package worth tens of billions of dollars from the EU and IMF in a bid to stabilize its banking system and avoid economic meltdown. The exact value of the rescue package isn%u2019t clear. Goldman Sachs Group (GS) estimated that it may total 95 billion euros, ($135 billion), Bloomberg News reported.

Can China Control an Overheating Economy?

As if the Irish debt crisis weren't enough, investors are worried once again about rising inflation in China. But officials in Beijing are quietly building an impressive record of economic management, and some analysts are convinced they can meet the latest challenge.