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Vulture funds circle Detroit

Reuters wrote 1 week ago: In the past two decades, a group of specialized hedge funds have transformed corporate bankruptcies, … more →

Tags: Investing, Economy, Hedge Funds, Detroit

Germans splurge on Italian homes locals can’t afford

Bloomberg News wrote 1 week ago: Yasemin Rosenmaier has been selling homes in northern Italy since 2005 and she’s finding that there’ … more →

Tags: Economy, mortgages real-estate, EU debt crisis

The worst unemployment crisis in modern history is unfolding right now

Business Insider wrote 2 weeks ago: At 27.2%, Spain is suffering the worst unemployment rate in modern history. Spain is tied with Greec … more →

Tags: business insider, Economy, EU debt crisis

'The place to be': Technology startups take root in Berlin

The New York Times wrote 2 weeks ago: BERLIN — Near the Rosenthaler Platz subway station here, signs of the city’s high-tech future … more →

Tags: Economy, entrepreneur, FP Startups, Germany

Euro founder calls for 'catastrophic' currency to be broken up

The Telegraph wrote 2 weeks ago: Hopes that the creation of the euro would force rational economic behaviour on all sides were in vai … more →

Tags: Economy, EU debt crisis

What taxpayer bailouts? Euro crisis actually saves Germany money

Reuters wrote 2 weeks ago: BRUSSELS — Throughout Europe’s debt crisis, northern European leaders have often said they will not … more →

Tags: Economy, EU debt crisis, Germany

Central banks must adopt new ways of handling, preventing crises: Carney

Canadian Press wrote 2 weeks ago: EDMONTON — Bank of Canada governor Mark Carney says a new age of central banking is being created ou … more →

Tags: Economy, Bank of Canada, Mark Carney

Here's what Canada's new $5 and $10 polymer bills look like1 comment

Canadian Press wrote 2 weeks ago: OTTAWA — Chris Hadfield phoned home to help unveil Canada’s new plastic money. [np_storybar title="P … more →

Tags: Economy, Bank of Canada, International Space Station

'Life is bad': Recession-weary Portugal tests limits of austerity

Reuters wrote 1 month ago: COSTA DA CAPARICA, Portugal — Back in 2008, the 500 or so slum dwellers of Terras do Lelo were final … more →

Tags: Economy, Portugal, EU debt crisis

Wall Street on the dole: America pays out millions in jobless benefits to millionaires

Bloomberg News wrote 1 month ago: The U.S. government paid almost US$80 million in unemployment benefits during the worst of the econo … more →

Tags: Economy, U. S. Economy, Unemployment Insurance, Jobs and Labor

'Operating with bubble gum and duct tape': Detroit weighs costs of public safety as infrastructure crumbles

Bloomberg News wrote 1 month ago: Crews at Detroit’s Engine 54 station chase fires on trucks with broken gas gauges, faulty air brakes … more →

Tags: Economy, Detroit

How Europe's bottom 10 economies are scraping by

Richard Johnson wrote 1 month ago: [related_links /] The leader-of-a-small-eurozone-country-mantra: “We are NOT Cyprus. We have never b … more →

Tags: Economy, Graphics, Cyprus, EU debt crisis

'Greatest bond bubble in history' will burst in economic chaos, warns former Reagan aide

Bloomberg News wrote 1 month ago: America will descend into an era of zero-sum austerity and virulent political conflict, extinguishin … more →

Tags: Economy, Investing, U. S. Economy, u.s. federal reserve

Cyprus president has ‘no intention’ of leaving euro despite ‘unprecedented demands’ on country

Reuters wrote 1 month ago: NICOSIA — The president of Cyprus said on Friday the risk of bankruptcy had been contained and the c … more →

Tags: News, Economy, EU debt crisis, Cyprus

Seeds of Cyprus disaster planted months ago by EU

The New York Times wrote 1 month ago: In accordance with the New York Times licensing agreement, this article has been removed. You can st … more →

Tags: Economy, Cyprus, EU debt crisis

Money was already fleeing Cyprus while president fumbled bailout

Reuters wrote 1 month ago: BRUSSELS/NICOSIA — As new President Nicos Anastasiades hesitated over an EU bailout that has wrecked … more →

Tags: Economy, Cyprus

'There is no future here in Cyprus': Cypriots lose hope despite bailout deal

The Telegraph wrote 1 month ago: We had the Turkish invasion in 1974. But this now feels like the German invasion of 2013 He may be t … more →

Tags: Economy, Cyprus, EU debt crisis

Sergei Magnitsky uncovered Russia-to-Cyprus money laundering, and look what happened to him

Business Insider wrote 1 month ago: The latest eurozone crisis comes down to controversy over bailing out a Cypriot banking system that … more →

Tags: News, Cyprus

Welcome to Cyprus: A sunny place for shady people

National Post Wire Services wrote 2 months ago: Cypriots like to think they are ever so slightly superior to their mainland cousins. More orderly, l … more →

Tags: Economy


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