As Spaniards move their money out of troubled institutions, officials worry about the ripple effect of a full bank run.
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In Spain, Bank Transfers Reflect Broader Fears
Posted by kagan 1 day 14 hours ago (http://www.nytimes.com)Travel Picks: Top 10 graduate destinations
Posted by melisa 7 days ago (http://www.reuters.com)
SAN FRANCISCO (Reuters) - You're in the final phase of revision before exams and the glorious release from academia. Soon it will be time for graduates to celebrate the successful completion of their...
Spain beset by bank crisis, downgrades, bond pressure
Posted by cagan 8 days ago (http://www.reuters.com)
MADRID (Reuters) - Spain's borrowing costs shot up at a bond auction on Thursday and its troubled banks suffered a double blow, with shares in part-nationalized Bankia diving and 16 lenders - including the euro zone's biggest - having their credit ratings cut.
Euro Watch: Spanish Bank Problems Add to Gloom in Euro Zone
Posted by kagan 8 days ago (http://www.nytimes.com)
The leader of the Coalition of the Radical Left in Greece challenged European leaders to find ways to preserve the euro area in its present form, while relieving Greeks of their hardships.
DealBook: How Bank Handles Bad Bet Is Fraught With Peril
Posted by kagan 11 days ago (http://dealbook.nytimes.com)
A bank that is forced to dump an outsize position could drive prices lower, increasing the size of its eventual losses.
Travel Picks: Top 10 cycling destinations
Posted by melisa 13 days ago (http://www.reuters.com)
(Reuters) - While most travelers know that Copenhagen and Amsterdam are ideal for exploring by bicycle, the rise of bike-sharing and bike tours in other cities is making discovering other...
British played central role in foiled bomb operation: sources
Posted by cagan 15 days ago (http://news.yahoo.com)
WASHINGTON (Reuters) - British intelligence played a central role in the undercover operation to foil an underwear bomb plot involving al Qaeda's Yemeni offshoot, counterterrorism sources told Reuters. The undercover informant in the plot linked to Al Qaeda in the Arabian Peninsula, or AQAP, was a British citizen, possibly of Saudi origin, the sources said on condition of anonymity. The informant
European Countries Seek Easing of Provision Included in Iranian Oil Embargo
Posted by cagan 15 days ago (http://www.nytimes.com)
Britain and other European Union members fear that a ban on insurers covering Iranian oil ships could have harmful economic effects.
Jenin Loses Leader as West Bank Violence Returns
Posted by yuksel 15 days ago (http://www.nytimes.com)
A relative mourning Qadoura Moussa, a governor in Jenin who died of heart attacks while investigating gunfire directed at his home.The death of a respected West Bank governor, Qadoura Moussa, is the latest sign that lawlessness is creeping back into Jenin, a beacon of Palestinian self-rule.
Europe May Need More Power to Deal With Bank Crisis
Posted by kagan 16 days ago (http://www.nytimes.com)
After failed efforts to restore confidence in their sickly banks, European governments face growing pressure to give officials more powers to shore up shaky lenders.
Bank of England Holds Rates Steady
Posted by kagan 16 days ago (http://www.nytimes.com)
Britain’s central bank kept its main interest rate unchanged at 0.5 percent on Thursday, and also opted to keep its bond-purchasing program unchanged.
European leaders who have fallen since 2008 financial crisis
Posted by cagan 18 days ago (http://www.telegraph.co.uk)Travel Picks: Top 10 "ugly" buildings to visit
Posted by melisa 21 days ago (http://www.reuters.com)
(Reuters) - A recent opinion piece in the New York Times resurrected the age-old debate about whether ugly buildings deserved preservation if deemed historically important. While the staff and...
European Central Bank Leaves Interest Rate Unchanged
Posted by kagan 22 days ago (http://www.nytimes.com)
The president of the European Central Bank said that opting for the “easier road” of raising taxes to balance budgets would not solve Europe’s problems.
Britain's Osborne hits out as EU bank capital talks stall
Posted by cagan 23 days ago (http://news.yahoo.com)
BRUSSELS (Reuters) - Britain's George Osborne accused fellow EU finance ministers of trying to water down Europe's bank capital rules and said this would make him "look like an idiot", as talks about a law to stop another financial crisis unraveled in Brussels. In remarks at the negotiating table, Osborne, who says he wants much tougher controls to avoid a repeat of the current crisis, fumed that
European Regulators May Reopen Google Street View Inquiries
Posted by kagan 23 days ago (http://www.nytimes.com)
Revelations in the United States that a Google employee had informed colleagues that his program would collect personal data has cast doubt on the company’s excuses.
Strategies: Central Banks Are Calming Markets, Despite Europe’s Woes
Posted by cagan 27 days ago (http://www.nytimes.com)
Despite recent news from Europe that could have shaken investors, the markets have remained relatively steady.
Travel Picks: Top 10 wedding anniversary spots
Posted by melisa 28 days ago (http://www.reuters.com)
NEW YORK (Reuters) - As Britain's Prince William and his wife Catherine approach their first year of marriage on Sunday, online travel adviser Cheapflights has come up with a list of its top 10...
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