Finance

  • U.N. inspectors would have access to suspect Iranian military sites: Iran, major powers reach nuclear deal
    Nuclear_deal_draft 2015-07-20 04:44:18 UTC
    U.N. inspectors would have access to suspect Iranian military sites. 5+1 major powers, United States, United Kingdom, China, France, Russia and Germany, and Iran have reached a nuclear deal after more than a decade of on-off negotiation, granting Tehran sanctions relief in exchange for curbs o...

  • DEAL REACHED OVER THIRD GREEK BAILOUT
    %e2%80%9calmost__almost%e2%80%9d_a_deal 2015-07-13 17:36:16 UTC
    DEAL REACHED OVER THIRD GREEK BAILOUT In the last few moments, eurozone leaders have agreed that Greece should receive a new aid programm. President Donald Tusk has tweeted the news himself: <i>"EuroSummit has unanimously reached agreement. All ready to go for ESM programme for #Greece w...

  • Rift between France and Germany widens over Greece
    Rift_between_france_and_germany_widens_over_greece 2015-07-13 07:59:23 UTC
    Rift between France and Germany widens after Germany wants to push Greece out of Eurozone. Arriving for Sunday's meeting, France's President Francois Hollande dismissed any suggestion of a "time-out" for Greece. "There is no temporary Grexit, there is a Grexit or there is not a Grexit," he sa...

  • Nobody can beat the Germans when it comes to pessimism - Greek PM wins backing for concessions; EU, IMF and ECB give positive signals
    Untitled 2015-07-11 07:20:20 UTC
    Nobody can beat the Germans when it comes to pessimism - Greek Prime Minister Alexis Tsipras wins backing for concessions; The European Commission, the European Central Bank and the International Monetary Fund - believe the plan is "serious and credible" and give positive signals. Tsipras won bac...

  • European Leaders Give Greece Five Day Ultimatum
    Europe-gives-greece-5-days 2015-07-08 08:09:26 UTC
    European Leaders Give Greece Five Day Ultimatum! Greece arrived up without a written plan. The stark ultimatum emerged from a special eurozone summit in Brussels on Tuesday. EU President Donald Tusk said the final deadline to reach an agreement on a new bailout for Greece "ends this week." ...

  • China Stocks Falling, European Stock Steadied
    Joseph_stiglitz 2015-07-07 11:14:52 UTC
    European stock and bond markets steadied on Tuesday before a euro zone leaders summit to discuss the Greek debt crisis while a further fall in Chinese shares reminded investors of other dark clouds on the horizon. Oil recovered some ground after Monday's stomach-churning selloff prompted by Gr...

  • Timeline Of Greek Economic Crisis - How Did Greece Get Into Trouble?
    Timeline_of_greek_economic_crisis 2015-07-09 01:37:17 UTC
    The financial crisis is hitting Greece in the most dramatic way and is now a public debt crisis. The crisis, however, didn't have its roots in Greece, but rather in the U.S. and from there, it spread around the world. At the time, it didn't seem to concern Greece. These were the first uncerta...

  • The European Central Bank (ECB) issued a statement to confirm that it will maintain emergency liquidity assistance to Greek banks at the current level of around 90 billion euros (100 billion dollars)
    The_european_central_bank_(ecb) 2015-07-07 10:05:11 UTC
    The European Central Bank (ECB) issued a statement to confirm that it will maintain emergency liquidity assistance to Greek banks at the current level of around 90 billion euros (100 billion dollars). The Governing Council of the European Central Bank decided today to maintain the provision of...

  • Greek Finance Minister Yanis Varoufakis Resigns - Accused Greece Creditors Of "Terrorism"
    Greek_finance_minister_yanis_varoufakis_resigns 2015-07-06 08:27:57 UTC
    Greek Finance Minister Yanis Varoufakis, who accused Greece' creditors of "terrorism", has announced his resignation, removing a major obstacle to any last-minute deal to keep Athens in the euro zone. The shock move comes a day after Greeks voted to reject the conditions of a bailout package prop...

  • 5+1 world powers and Iran Nuclear talks extended
    Negotiators_of_iran_and_six_world_powers 2015-07-02 02:55:22 UTC
    Iran and 5+1 world powers are working towards an accord that would see Tehran halt sensitive nuclear work for at least a decade in exchange for the lifting of economic sanctions, potentially the biggest breakthrough in decades of hostility between Washington and Tehran. The world powers and Iran ...

  • Germany "gives up listening to the confusing signals from the Greek government" - "If you break it, you own it"- Is Angela Merkel to blame for "breaking" Greece?
    Angela-merkel 2015-07-05 08:00:06 UTC
    Oxi Or Nai - Greek Referendum: Results - Greece's Future In EU In Doubt. No Or Yes - Would a rejection set Greece on a path out of the euro? <hr><h4><a href="http://global-gathering.com/news/16066">Greek Referendum: Results</a></h4><hr> Less than 24 hours after he wrote a conciliatory lett...

  • Greece Towards Leaving The Eurozone, Capital Controls Put In Place
    Greece_towards_leaving_the_eurozone_-_capital_controls_put_in_place 2015-07-02 03:02:28 UTC
    Greece Towards Leaving The Eurozone, Capital Controls Put In Place. Banks are expected to shut while capital controls ( A maximum of €60 can be withdrawn from an account in one day and overseas transfers of cash prohibited, except for vital, pre-approved commercial transactions.) are put in pl...

  • EU Refuses Bailout Extension After Greek PM Referendum Call
    Alexis-tsipras-yanis-varoufakis 2015-07-02 03:03:40 UTC
    The euro zone got ready to deal with a Greek debt default next week after refusing to extend credit following Prime Minister Alexis Tsipras&apos;s surprise announcement of a referendum on an offer from creditors that his leftist government rejected. Athens asked for an extension of Greece&apos...

  • U.S. top court backs Obamacare, president says it's here to stay
    President-obama 2015-07-02 03:04:34 UTC
    The U.S. Supreme Court has handed President Barack Obama a major victory by upholding a key portion of his landmark healthcare law. The Court preserved President Barack Obama&apos;s signature healthcare law on Thursday, upholding crucial tax subsidies while turning aside a conservative legal c...

  • EU Leaders Demands Reforms As Greeks Seek Debt Relief
    Greece 2015-06-14 19:33:31 UTC
    Greek negotiators were expected to press international creditors for debt relief on Sunday as European leaders turned increasingly confrontational, trying to force Athens into accepting more austerity and reform in return for cash. Even Germany's Social Democrat leader, hitherto willing to giv...

  • Dramatic vote: Democrats Reject Obama Fast-Track ( TPP )
    Obama- 2015-06-12 21:24:33 UTC
    The House of Representatives on Friday delivered a blow to President Barack Obama&apos;s signature goal of strengthening ties with Asia but could try again as soon as Tuesday to reverse defeat of a measure central to a Pacific Rim trade pact. In a dramatic vote, Obama&apos;s own Democrats, as ...

  • Germany prepares for a Greek state bankruptcy
    Germany-greece 2015-06-12 09:05:00 UTC
    • The German government is holding "concrete consultations" on what to do in the case of a bankruptcy of the Greek state. •Greece was warned by a group of European Union officials in Brussels it had less than 24 hours to come up with a serious counter-proposal. Brussels - The IMF left the n...

  • Foreign Governments Pay Former Senate Leaders to Sell TPP
    Elizabeth_warren 2015-06-11 21:36:43 UTC
    Elizabeth Warren: "From what I hear, Wall Street, pharmaceuticals, telecom, big polluters and outsourcers are all salivating at the chance to rig the [ TPP ] deal in the upcoming trade talks. So the question is why are the trade talks secret? I actually have had supporters of the deals say to me ...

  • Governor Christie in spotlight: N.J. pension decision
    Chris_christie 2015-06-09 08:27:43 UTC
    New Jersey's Supreme Court will release its decision on Tuesday on whether Governor Chris Christie, a likely 2016 presidential candidate, violated public pensioners' contract rights when he slashed $1.6 billion from the state's contribution to the retirement system for this year. The stakes ar...

  • G7 Summit In Germany: Global Warming, Russia Ukraine Conflict, Greece Debt Crisis
    G7-summit-in-germany-russia-ukraine-conflict-greece-debt-crisis-global-warming 2015-06-09 04:40:29 UTC
    Krün, Germany (Reuters) - Leaders of the world's major industrial democracies resolved on Monday to wean their energy-hungry economies off carbon fuels, marking a major step in the battle against global warming that raises the chances of a U.N. climate deal later this year. The Group of Seven'...

  • Greece threatens to skip debt payment, default looms
    Greece 2015-06-04 04:32:27 UTC
    Greece's international creditors signaled on Wednesday they were ready to compromise to avert a debt default even as Athens warned it might skip an IMF loan repayment due this week. Prime Minister Alexis Tsipras visits Brussels later on Wednesday to see senior European officials, where he is e...

  • FBI Investigating FIFA Boss Sepp Blatter
    Fifa-blatter 2015-06-03 09:06:25 UTC
    Sepp Blatter rocked the world of soccer on Tuesday by saying he would step down as FIFA president in the wake of a corruption investigation that now includes the 79-year-old chief himself. Blatter, who has led soccer's world governing body since 1998, is being investigated by U.S. prosecutors ...

  • Victory for Obama on Trade
    Victory-for-obama-on-trade 2015-05-23 06:18:37 UTC
    WASHINGTON — President Obama moved closer to expanded trade negotiating power Friday night after the Senate passed hard-fought legislation that would help complete the most ambitious trade accord in a generation. The deal would link 12 nations on either side of the Pacific into a trading bloc tha...

  • Elizabeth Warren fires back at Obama: Here’s what they’re really fighting about
    Barack-obama-elizabeth-warren 2015-05-11 18:23:48 UTC
    In an interview with Yahoo News that ran over the weekend, President Obama intensified his push-back against Elizabeth Warren and other critics of the massive Trans-Pacific Partnership trade deal, flatly declaring that Warren is “absolutely wrong.” That came after a speech Obama delivered at Nike...

  • US firms created 223,000 new jobs in April
    Us-economy- 2015-05-08 17:05:55 UTC
    U.S. job growth rebounded last month and the unemployment rate dropped to a near seven-year low of 5.4 percent, signs of a pick-up in economic momentum that could keep the Federal Reserve on track to hike interest rates this year. Nonfarm payrolls increased 223,000 as gains in services sector ...