Bailout

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36m
Guardian Unlimited
Market turmoil: shares slide again as recession fears growGood morning, and welcome to our rolling coverage of the world economy, the fin
Market turmoil: shares slide again as recession fears grow
Guardian Unlimited / Posted 36 minutes ago
Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. There’s no end in sight to the market turmoil. European stocks are expected to fall at the start of trading, with worries over... Read more
59m
Market Watch
Mediobanca profit dented by bailout contributionMILAN--Italian bank Mediobanca Banca di Credito Finanziario SpA said Thursday t
Mediobanca profit dented by bailout contribution
Market Watch / Posted 59 minutes ago
MILAN--Italian bank Mediobanca Banca di Credito Finanziario SpA said Thursday that its contribution to a bank bailout fund weighed on second-quarter net profit, countering a revenue gain. Net profit for the three months ended Dec. 31, fell to... Read more
1h
Market Watch
Mediobanca Banca di Credito profit fallsMILAN--Italian bank Mediobanca Banca di Credito Finanziario SpA on Thursday pos
Mediobanca Banca di Credito profit falls
Market Watch / Posted an hour ago
MILAN--Italian bank Mediobanca Banca di Credito Finanziario SpA on Thursday posted a lower second-quarter net profit, in spite of rising revenue, mainly due to a one-time contribution to a banks' bailout fund. The bank said its net profit for the... Read more
4h
Canberra Times
Oil-producing nations struggling for market power as prices dropA gas flare at the central processing plant for oil and gas in the Salym oilfie
Oil-producing nations struggling for market power as prices drop
Canberra Times / Posted 4 hours ago
A gas flare at the central processing plant for oil and gas in the Salym oilfields in western Siberia. Photo: Bloomberg Washington: There's a lot of handwringing these days over the barrel bombing of innocent communities in Syria; over the flight... Read more
59 related stories
5h
The Age
Oil-producing nations struggling for market power as prices dropA gas flare at the central processing plant for oil and gas in the Salym oilfie
Oil-producing nations struggling for market power as prices drop
The Age / Posted 5 hours ago
A gas flare at the central processing plant for oil and gas in the Salym oilfields in western Siberia. Photo: Bloomberg Washington: There's a lot of handwringing these days over the barrel bombing of innocent communities in Syria; over the flight... Read more
59 related stories
5h
The Hill
Cruz: Trump's healthcare position fits with Clinton and SandersRepublican presidential candidate Ted Cruz on Wednesday compared rival Donald T
Cruz: Trump's healthcare position fits with Clinton and Sanders
The Hill / Posted 5 hours ago
Republican presidential candidate Ted Cruz on Wednesday compared rival Donald Trump to Democrats Bernie Sanders and Hillary Clinton on healthcare. “Even now as a candidate, Donald says we ought to have full-on socialized healthcare,” he told host... Read more
6h
Zero Hedge
"Negative Rates Are Dangerous" OECD Chair Warns "Our Entire System Is Unstable"William R. White is the chairman of the Economic and Development Review Committ
"Negative Rates Are Dangerous" OECD Chair Warns "Our Entire System Is Unstable"
Zero Hedge / Posted 6 hours ago
William R. White is the chairman of the Economic and Development Review Committee at the OECD in Paris. Prior to that, Dr. White held a number of senior positions with the Bank for International Settlements (“BIS”), including Head of the Monetary and... Read more
284 related stories
7h
The Malaysian Insider
IMF warns to cut Ukraine aid over corruption Published: 11 February 2016 9:15 AM Christine Lagarde, IMF managing director
IMF warns to cut Ukraine aid over corruption
The Malaysian Insider / Posted 7 hours ago
Published: 11 February 2016 9:15 AM Christine Lagarde, IMF managing director is concern about Ukraine's slow progress in improving governance and fighting corruption as well as reducing the influence of... Read more
6 related stories
9h
Channel NewsAsia
IMF's Lagarde said Ukraine expresses commitment to reformsWASHINGTON: The head of the International Monetary Fund said on Wednesday that
IMF's Lagarde said Ukraine expresses commitment to reforms
Channel NewsAsia / Posted 9 hours ago
WASHINGTON: The head of the International Monetary Fund said on Wednesday that she had been reassured by Ukraine's president that he was committed to following a reform path to keep the nation's US$17.5 billion bailout on track. "We agreed on the... Read more
2 related stories
9h
The Star
IMF's Lagarde said Ukraine expresses commitment to reformsWASHINGTON (Reuters) - The head of the International Monetary Fund said on Wedn
IMF's Lagarde said Ukraine expresses commitment to reforms
The Star / Posted 9 hours ago
WASHINGTON (Reuters) - The head of the International Monetary Fund said on Wednesday that she had been reassured by Ukraine's president that he was committed to following a reform path to keep the nation's $17.5 billion bailout on track. "We agreed... Read more
2 related stories
11h
Business Insurance
MetLife challenges U.S. 'too big to fail' designation in courtPhoto by Naeblys | Shutterstock.com (Reuters) — The U.S. government and the co
MetLife challenges U.S. 'too big to fail' designation in court
Business Insurance / Posted 11 hours ago
Photo by Naeblys | Shutterstock.com (Reuters) — The U.S. government and the country's largest life insurer squared off in federal court on Wednesday over whether regulators can designate nonbanking firms as “too big to fail,” one of the major... Read more
4 related stories
11h
The Charleston State Journal
US investments in fossil fuel mining, exploration see dramatic drop in 2015Reds caravan connects team With WV fansReds caravan connects team With WV fans
US investments in fossil fuel mining, exploration see dramatic drop in 2015
The Charleston State Journal / Posted 11 hours ago
Reds caravan connects team With WV fansReds caravan connects team With WV fans JIM WORKMAN / The State Journal With West Virginians still digging out of the recent snow storm, a glimmer of hope remains that spring is around the corner. That’s what... Read more
36 related stories
11h
Channel NewsAsia
MetLife challenges US 'too big to fail' designation in courtWASHINGTON: The U.S. government and the country's largest life insurer squared
MetLife challenges US 'too big to fail' designation in court
Channel NewsAsia / Posted 11 hours ago
WASHINGTON: The U.S. government and the country's largest life insurer squared off in federal court on Wednesday over whether regulators can designate non-banking firms as "too big to fail," one of the major reforms that followed the financial... Read more
4 related stories
11h
Zero Hedge
Charlie Munger On Trump As President: "Anyone Who Makes Money Running A Casino Isn't Morally Qualified"It's amazing, but nearly a year into the Trump campaign the pundits still don't
Charlie Munger On Trump As President: "Anyone Who Makes Money Running A Casino Isn't Morally Qualified"
Zero Hedge / Posted 11 hours ago
It's amazing, but nearly a year into the Trump campaign the pundits still don't get it: the louder established members of the broken, crony capitalist status quo rail against Trump, the higher his popularity. And there are few more entrenched crony... Read more
12h
Reuters
MetLife challenges U.S. 'too big to fail' designation in courtThe MetLife building is seen in New York, March 8, 2010. WASHINGTON The U.S. g
MetLife challenges U.S. 'too big to fail' designation in court
Reuters / Posted 12 hours ago
The MetLife building is seen in New York, March 8, 2010. WASHINGTON The U.S. government and the country's largest life insurer squared off in federal court on Wednesday over whether regulators can designate non-banking firms as "too big to fail,"... Read more
4 related stories
12h
The Charleston State Journal
WV Insurance Federation announces industry impactReds caravan connects team With WV fansReds caravan connects team With WV fans
WV Insurance Federation announces industry impact
The Charleston State Journal / Posted 12 hours ago
Reds caravan connects team With WV fansReds caravan connects team With WV fans JIM WORKMAN / The State Journal With West Virginians still digging out of the recent snow storm, a glimmer of hope remains that spring is around the corner. That’s what... Read more
36 related stories
12h
New York Post
MetLife's 'too-big-to-fail' fight with feds gets off to good startWASHINGTON — Score one for MetLife in its fight with the feds to overturn its “
MetLife's 'too-big-to-fail' fight with feds gets off to good start
New York Post / Posted 12 hours ago
WASHINGTON — Score one for MetLife in its fight with the feds to overturn its “too-big-too-fail” label. A federal judge in Washington on Wednesday seemed to side with the life insurance giant by suggesting that the government had it out for the... Read more
4 related stories
12h
Chicago Tribune
Bernie Sanders' fraudulent Wall Street claimsWhen I started working at the Chicago Tribune many years ago, I checked a box o
Bernie Sanders' fraudulent Wall Street claims
Chicago Tribune / Posted 12 hours ago
When I started working at the Chicago Tribune many years ago, I checked a box on some company form that allocated a percentage of each paycheck to a 401(k) retirement account. Pay period after pay period, year after year, the money has automatically... Read more
12h
Business Spectator
Why Greece is back in crisis modeAdmittedly, Europe’s migration crisis is far more interesting and important, bu
Why Greece is back in crisis mode
Business Spectator / Posted 12 hours ago
Admittedly, Europe’s migration crisis is far more interesting and important, but we have to talk about Greece again. Amid all other crises plaguing Europe at the moment, the financial problems engulfing Athens had temporarily slipped off the front... Read more
12h
EuroNews
Turkey blames US for ‘sea of blood’ in regionMoscow criticised for flattening kiosks Spanish speleologists rescued from Fre
Turkey blames US for ‘sea of blood’ in region
EuroNews / Posted 12 hours ago
Moscow criticised for flattening kiosks Spanish speleologists rescued from French abyss IMF warns Ukraine to tackle corruption or bailout stops Italian paramilitary police arrest 109 suspected Mafia members France: MPs back constitutional changes... Read more
12h
EuroNews
Moscow criticised for flattening kiosksSpanish speleologists rescued from French abyss IMF warns Ukraine to tackle co
Moscow criticised for flattening kiosks
EuroNews / Posted 12 hours ago
Spanish speleologists rescued from French abyss IMF warns Ukraine to tackle corruption or bailout stops Italian paramilitary police arrest 109 suspected Mafia members France: MPs back constitutional changes to strip passports from those convicted... Read more
12h
EuroNews
IMF warns Ukraine to tackle corruption or bailout stopsThe International Monetary Fund has warned Ukraine that it will block its $40bn
IMF warns Ukraine to tackle corruption or bailout stops
EuroNews / Posted 12 hours ago
The International Monetary Fund has warned Ukraine that it will block its $40bn bailout programme if Kyiv fails to confront crippling corruption. IMF chief accuses Kiev of dragging feet on reforms and threatens to withdraw financial aid... Read more
13h
Brandon Sun
Eurozone concerns building again after period of calmFrom left, French Economy Minister Emmanuel Macron, French Finance Minister Mic
Eurozone concerns building again after period of calm
Brandon Sun / Posted 13 hours ago
From left, French Economy Minister Emmanuel Macron, French Finance Minister Michel Sapin and German Finance Minister Wolfgang Schaeuble, attend a joint media conference during the French German economic summit at the finance ministry in Paris,... Read more
13h
Crain's Detroit Business
What will new Red Wings arena be called? Banks, Little Caesars, Amway among possibilitiesPhoto by Michael Lewis II/Crain's Detroit Business From where center ice will b
What will new Red Wings arena be called? Banks, Little Caesars, Amway among possibilities
Crain's Detroit Business / Posted 13 hours ago
Photo by Michael Lewis II/Crain's Detroit Business From where center ice will be, the north side of the new Red Wings arena in downtown Detroit takes shape as one of the many spectator vantage points. The arena will be able to seat about 20,000 fans... Read more
14h
Crain's Detroit Business
What will the new Red Wings arena be called?Photo by Michael Lewis II/Crain's Detroit Business From where center ice will b
What will the new Red Wings arena be called?
Crain's Detroit Business / Posted 14 hours ago
Photo by Michael Lewis II/Crain's Detroit Business From where center ice will be, the north side of the new Red Wings arena in downtown Detroit takes shape as one of the many spectator vantage points. The arena will be able to seat about 20,000 fans... Read more
3 related stories
14h
Channel NewsAsia
Portugal parliament overturns veto on adoption by gay couplesLISBON: Portugal's parliament on Wednesday overturned the presidential veto on
Portugal parliament overturns veto on adoption by gay couples
Channel NewsAsia / Posted 14 hours ago
LISBON: Portugal's parliament on Wednesday overturned the presidential veto on a bill legalising adoption by same-sex couples, which means conservative President Anibal Cavaco Silva will have to sign it into law before his term ends in March. The... Read more
15h
Pilipino Star
Import-less TnT smothers BlackwaterMANILA, Philippines – Jayson Castro scattered 19 points in the first half and h
Import-less TnT smothers Blackwater
Pilipino Star / Posted 15 hours ago
MANILA, Philippines – Jayson Castro scattered 19 points in the first half and hit a bailout three-pointer at endgame as import-less Tropang TNT overcame Blackwater, 108-102, for a triumphant start in its title-retention bid in the Oppo PBA... Read more
5 related stories
15h
Zero Hedge
John Mack: Don't Worry About Deutsche Bank, It Will Be Bailed Out By The GovernmentWhen it comes to government bail outs of insolvent banks few are as qualified t
John Mack: Don't Worry About Deutsche Bank, It Will Be Bailed Out By The Government
Zero Hedge / Posted 15 hours ago
When it comes to government bail outs of insolvent banks few are as qualified to opine as John Mack who was CEO of Morgan Stanley when the bank, along with all other U.S. TBTF banks, was bailed out with a multi-trillion rescue package in the... Read more
17h
WECT 6 Wilmington
SC State budget improves; bailout forgiveness bill advancesORANGEBURG, S.C. (AP) - The budget picture at South Carolina State University i
SC State budget improves; bailout forgiveness bill advances
WECT 6 Wilmington / Posted 17 hours ago
ORANGEBURG, S.C. (AP) - The budget picture at South Carolina State University is improving. Local media outlets report the board of trustees of the historically black university in Orangeburg was brought up to date on the budget Tuesday. The board... Read more
2 related stories
17h
Reuters
Greek central bank chief says delay in bailout review threatens recoveryBank of Greece Governor Yannis Stournaras attends the annual ordinary general m
Greek central bank chief says delay in bailout review threatens recovery
Reuters / Posted 17 hours ago
Bank of Greece Governor Yannis Stournaras attends the annual ordinary general meeting of the bank's shareholders in Athens February 26, 2015. ATHENS Greece's central bank governor warned on Wednesday that further delay in completing a first review... Read more
17h
Live 5 News Charleston
SC State budget improves; bailout forgiveness bill advancesORANGEBURG, S.C. (AP) - The budget picture at South Carolina State University i
SC State budget improves; bailout forgiveness bill advances
Live 5 News Charleston / Posted 17 hours ago
ORANGEBURG, S.C. (AP) - The budget picture at South Carolina State University is improving. Local media outlets report the board of trustees of the historically black university in Orangeburg was brought up to date on the budget Tuesday. The board... Read more
2 related stories
17h
WBTV Charlotte
SC State budget improves; bailout forgiveness bill advancesORANGEBURG, S.C. (AP) - The budget picture at South Carolina State University i
SC State budget improves; bailout forgiveness bill advances
WBTV Charlotte / Posted 17 hours ago
ORANGEBURG, S.C. (AP) - The budget picture at South Carolina State University is improving. Local media outlets report the board of trustees of the historically black university in Orangeburg was brought up to date on the budget Tuesday. The board... Read more
2 related stories
17h
express
Deutsche Bank boss insists firm is 'rock solid' as fears grow of banking bailout THE head of Germany's flagship bank has been forced to speak out over fears t
Deutsche Bank boss insists firm is 'rock solid' as fears grow of banking bailout
express / Posted 17 hours ago
THE head of Germany's flagship bank has been forced to speak out over fears the firm is heading for collapse after its share price sank to record lows. Deutsche Bank's... Read more
18h
AllAfrica.com
How to Raise Profile of Oil BusinessExperts, who gathered at a forum organized by the Nigerian Association of Petro
How to Raise Profile of Oil Business
AllAfrica.com / Posted 18 hours ago
Experts, who gathered at a forum organized by the Nigerian Association of Petroleum Explorationists (NAPE), have emphasised the need for the Federal Government to provide a conducisive environment to enable oil companies cope with the challenges of... Read more
19h
San Antonio Express-News
Despite protests, Greek PM says reforms 'not optional'A farmer changes oil in his parked tractor during a protest at a vital point, o
Despite protests, Greek PM says reforms 'not optional'
San Antonio Express-News / Posted 19 hours ago
A farmer changes oil in his parked tractor during a protest at a vital point, on a road that links the international airport with the southern and eastern suburbs of the Greek capital, in Koropi, near Athens, Wednesday, Feb. 10, 2016. Farmers in... Read more
15 related stories
19h
Chattanooga Times Free Press
Despite protests, Greek PM says reforms 'not optional'A farmer walks by a line of tractors parked in protest at a vital point, on a r
Despite protests, Greek PM says reforms 'not optional'
Chattanooga Times Free Press / Posted 19 hours ago
A farmer walks by a line of tractors parked in protest at a vital point, on a road that links the international airport with the southern and eastern suburbs of the Greek capital, in Koropi, near Athens, Wednesday, Feb. 10, 2016. Farmers in northern... Read more
15 related stories
19h
Your Hometown Lima Stations
Despite protests, Greek PM says reforms 'not optional'ATHENS, Greece (AP) - Protesting farmers says they're planning to camp outside
Despite protests, Greek PM says reforms 'not optional'
Your Hometown Lima Stations / Posted 19 hours ago
ATHENS, Greece (AP) - Protesting farmers says they're planning to camp outside parliament and hold a 48-hour protest against planned pension reforms. Farmers from around 70 highway and road blockades around the country are planning to bring their... Read more
15 related stories
19h
The Courier Mail
Bank of Greece calls for fast bailout reviewCentral bank wants prompt conclusion so economy can begin 'a new path'. Greece
Bank of Greece calls for fast bailout review
The Courier Mail / Posted 19 hours ago
Central bank wants prompt conclusion so economy can begin 'a new path'. Greece's central bank chief called on Wednesday for a prompt conclusion to the country's first bailout review, or put at risk a projected economic recovery for the second half... Read more
19h
Channel NewsAsia
Greek farmers to harden protests as PM seeks compromiseATHENS: Greek farmers on Wednesday (Feb 10) threatened to escalate a nationwide
Greek farmers to harden protests as PM seeks compromise
Channel NewsAsia / Posted 19 hours ago
ATHENS: Greek farmers on Wednesday (Feb 10) threatened to escalate a nationwide protest against pension reform by blocking ports and airports, as Prime Minister Alexis Tsipras offered a compromise to end the dispute that has backed his government... Read more
20h
Guardian Unlimited
IMF warns Ukraine it will halt $40bn bailout unless corruption stopsThe International Monetary Fund has warned it will halt its $40bn (£28bn) bailo
IMF warns Ukraine it will halt $40bn bailout unless corruption stops
Guardian Unlimited / Posted 20 hours ago
The International Monetary Fund has warned it will halt its $40bn (£28bn) bailout programme to Ukraine unless the conflict-torn eastern European country takes immediate action to tackle corruption. The IMF’s managing director, Christine Lagarde,... Read more
6 related stories
20h
Daily Herald
Despite protests, Greek PM says reforms 'not optional'ATHENS, Greece -- Protesting farmers says they're planning to camp outside parl
Despite protests, Greek PM says reforms 'not optional'
Daily Herald / Posted 20 hours ago
ATHENS, Greece -- Protesting farmers says they're planning to camp outside parliament and hold a 48-hour protest against planned pension reforms. Farmers from around 70 highway and road blockades around the country are planning to bring their... Read more
15 related stories
20h
iol.co.za
Emerging currencies firmLondon - ed against the dollar on Wednesday, with some hitting multi-month high
Emerging currencies firm
iol.co.za / Posted 20 hours ago
London - ed against the dollar on Wednesday, with some hitting multi-month highs on expectations of a dovish message from the US Federal Reserve later in the day. Emerging equities were largely unchanged, with China and Hong... Read more
21h
The Star
Greek central bank chief calls for bailout review conclusionATHENS (Reuters) - Greece's central bank chief on Wednesday called for the comp
Greek central bank chief calls for bailout review conclusion
The Star / Posted 21 hours ago
ATHENS (Reuters) - Greece's central bank chief on Wednesday called for the completion of the country's first bailout review, warning that a projected economic recovery in the second half of the year was still fragile. "The projection for an economic... Read more
1d
AllAfrica.com
Leeway Out of Oil-Induced Economic CrisisFrom the Central bank, commercial banks, economic/public affairs analysts to th
Leeway Out of Oil-Induced Economic Crisis
AllAfrica.com / Posted yesterday
From the Central bank, commercial banks, economic/public affairs analysts to the average man on the street, the verdict on Nigeria's development woes has now been unanimously agreed in few lines: That overdependence on oil, profligacy and impunity... Read more
1d
Market Watch
Falling oil prices will bankrupt the likes of Russia, Saudi ArabiaLONDON (MarketWatch) — What might be the next big financial crisis? A bursting
Falling oil prices will bankrupt the likes of Russia, Saudi Arabia
Market Watch / Posted yesterday
LONDON (MarketWatch) — What might be the next big financial crisis? A bursting of the bubble in tech stocks that has built up over the last two years? A total collapse in the stock market, beyond the selloff that has already marked the start of 2016?... Read more
1d
AllAfrica.com
Budget 2016 a Litmus Test for BuhariAfter being initially stigmatised in the "missing budget" saga, the 2016 Approp
Budget 2016 a Litmus Test for Buhari
AllAfrica.com / Posted yesterday
After being initially stigmatised in the "missing budget" saga, the 2016 Appropriation Bill, which is being tooth-combed for passage by the National Assembly, if properly implemented, could revive the economy and rapidly exit Nigeria, for the first... Read more
1d
WBOY Clarksburg
Custard Stand Food Products of Webster Springs, WV to Appear on TV's 'Shark Tank' Feb. 26Reds caravan connects team With WV fansReds caravan connects team With WV fans
Custard Stand Food Products of Webster Springs, WV to Appear on TV's 'Shark Tank' Feb. 26
WBOY Clarksburg / Posted yesterday
Reds caravan connects team With WV fansReds caravan connects team With WV fans JIM WORKMAN / The State Journal With West Virginians still digging out of the recent snow storm, a glimmer of hope remains that spring is around the corner. That’s what... Read more
36 related stories
1d
AllAfrica.com
Unpaid Salaries - Ekiti Teachers Begin Warning StrikeAll public primary schools in Ekiti State, were yesterday shut down, following
Unpaid Salaries - Ekiti Teachers Begin Warning Strike
AllAfrica.com / Posted yesterday
All public primary schools in Ekiti State, were yesterday shut down, following the two-day warning strike embarked upon by teachers over unpaid salaries and entitlements. It was rumoured last week that primary school teachers in the state were set... Read more
1d
AllAfrica.com
Bello's Early Baptism of FireAlhaji Yahaya Bello, sworn in as Kogi State Governor Less than fifteen days in
Bello's Early Baptism of Fire
AllAfrica.com / Posted yesterday
Alhaji Yahaya Bello, sworn in as Kogi State Governor Less than fifteen days in office, the Kogi State Governor, Alhaji Yahaya Bello is already confronted with reality, as he faces a showdown with workers over unpaid salaries. Governments at all... Read more
1d
Ghanaweb.com
Public debt growth cut ‘significantly’ – TerkperGeneral News of Wednesday, 10 February 2016 The growth of Ghana’s public debt
Public debt growth cut ‘significantly’ – Terkper
Ghanaweb.com / Posted yesterday
General News of Wednesday, 10 February 2016 The growth of Ghana’s public debt stock has been slashed by a chunk, Finance Minister Seth Terkper has said. “Public Debt stood at GH¢ 93,064.8 million as of November 2015 mainly as a result of exchange... Read more
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