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 23 hours ago (http://www.nytimes.com)
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.
Trayvon Martin Case Shadowed by Police Missteps
Posted by cagan 10 days ago (http://www.nytimes.com)
Mistakes by the Police Department in Sanford, Fla., and circumstances beyond its control, could make it more difficult to pursue a case against George Zimmerman.
Police disperse protesters at anti-Putin sit-in
Posted by cagan 10 days ago (http://news.yahoo.com)
MOSCOW (Reuters) - Russian riot police broke up an Occupy-style protest against President Vladimir Putin on Wednesday, forcing dozens of people out of a central Moscow park where they had staged a sit-in round-the-clock for a week and detaining at least 15. Dispersal of the makeshift encampment was the latest step in a government crackdown on protests over Putin's return to the presidency on May
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.
Jenin Loses Leader as West Bank Violence Returns
Posted by yuksel 16 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.
Baltimore Police Corruption Case Tests Commissioner
Posted by cagan 17 days ago (http://www.nytimes.com)
The sheer number of officers involved in a kickback scheme at the Baltimore Police Department stunned department veterans and civilians alike.
Euro fans face 'criminal' police
Posted by kagan 20 days ago (http://edition.cnn.com)
Football fans traveling to Ukraine for this summer's European Championships have been warned they will face a "criminal" police force mired in so many abuse scandals that their behavior threatens to ruin the showpiece tournament.
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 24 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
Bronx zoo van crash: police release names of seven victims
Posted by cagan 26 days ago (http://www.telegraph.co.uk)
Seven people, including three young children, who died when their minivan plunged 60ft and landed in a ravine on the grounds of a zoo, have been named by police.
I.M.F. and World Bank Meetings End With Little Agreement
Posted by kagan 33 days ago (http://www.nytimes.com)
The International Monetary Fund won significant pledges this weekend, but meetings ended without a consensus on how to speed up the economic recovery or stamp out the European debt crisis.
German police rescue DJ from "sex mad" woman's home
Posted by melisa 39 days ago (http://www.reuters.com)
BERLIN (Reuters) - A Munich disc jockey held for five hours as a sex slave by a 47-year-old German woman said on Monday he would press charges of sexual coercion and deprivation of freedom against a...
Dorset Police Solve Mystery of Invisible Manuscript
Posted by cagan 41 days ago (http://www.nytimes.com)
Forensic experts, analyzing indentations in the paper, helped recover the work of a blind British woman who did not know she had begun writing a novel with a pen that had run dry.
Controversial artist imagines Moscow as new Rome
Posted by melisa 41 days ago (http://www.reuters.com)
MOSCOW (Reuters) - Artist Alexei Beliayev-Guintovt is shunned by many in the Russian art scene for the fascist symbolism of his past work.
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