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European Debt Crisis

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    Feb 26, 2013 |Story| Los Angeles Times

  1. Bernanke warns Congress that budget cuts pose danger [Updated]

    WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke warned Tuesday that the upcoming budget cuts under the so-called sequestration would create a "significant" burden on an economy that is growing only moderately.
    This post has been updated, as indicated below.
    WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke warned Tuesday that the upcoming budget cuts under the so-called sequestration would create a "significant" burden on an economy that is growing only moderately. In his semi-annual economic report...

    Tags: Inflation and Deflation, Labor Markets, Financial Markets, Public Finance, Unemployment Benefits

    2. Feb 16, 2013 |Story| Los Angeles Times

  2. G-20 moves to allay fears of 'currency war'

    WASHINGTON -- Top finance officials of the Group of 20 largest economies sought Saturday to allay fears of a currency war, pledging not to target exchange rates to gain a competitive advantage in trade.
    WASHINGTON -- Top finance officials of the Group of 20 largest economies sought Saturday to allay fears of a currency war, pledging not to target exchange rates to gain a competitive advantage in trade. But the joint statement, issued at the end of a G-...

    Tags: G20, Finance, Russia, Vladimir Putin, Interior Policy

    3. Feb 10, 2013 |Column| Chicago Tribune

  3. MarksJarvis: S&P 500 closes in on all-time high

    After turning squeamish early in the week, investors returned to the stock market and sent the Standard & Poor's 500 index to 1,517 Friday, the highest level since November 2007.
    After turning squeamish early in the week, investors returned to the stock market and sent the Standard & Poor's 500 index to 1,517 Friday, the highest level since November 2007. It hasn't hit the all-time high of 1,565 of October 2007, but it was an...

    Tags: Spain, Italy, LinkedIn Corp., Companies and Corporations, Finance

    4. Feb 6, 2013 |Column| Chicago Tribune

  4. MarksJarvis: Investors nervous at peak but keep investing

    It's not unusual to lose your balance while standing on a peak.
    It's not unusual to lose your balance while standing on a peak. And so it goes with the stock market. Investors suffered some fear of heights Monday and sent the Dow Jones industrial average tumbling. It was the worst day of this year, with a triple-...

    Tags: Italy, Fiscal Cliff, Debt Market, European Central Bank, Barack Obama

    5. Feb 4, 2013 |Column| Allentown Morning Call

  5. Germany will never let ECB shut Deutsche Bank

    The first people to tell the public that the world's oldest bank was cooking its books weren't the bank's executives, its outside auditors at KPMG, its regulators at the Bank of Italy, or anyone else who had a duty to keep the place honest. They were...

    Tags: Italy, Finance, Personal Service, Germany, European Central Bank

    6. Dec 31, 2012 | Orlando Sentinel

  6. Why holding Gov. Rick Scott to creating 1.7 million jobs is silly talk

    Central Florida Political Pulse - Orlando Sentinel
    By Aaron Deslatte, Tallahassee Bureau Chief TALLAHASSEE – This month, we started a series of reports attempting to evaluate Gov. Rick Scott on the ‘7-7-7′ economic plan that was the political mantelpiece of his 2010 campaign. It's a good...
    7. Jan 30, 2013 |Story| Tribune Media Services

  7. The vicious cycle of Greed and Fear

    Retire Smart
    The stock market has been on a roll, reaching new five-year highs and approaching all-time nominal (not inflation-adjusted) highs, which is tempting many investors to jump back into the fray. TrimTabs reports that investors have poured a record-setting...

    Tags: Labor Markets, Investments, Stock Market, Federal Reserve, China

    8. Jan 23, 2013 |Story| Petoskey News

  8. IMF sees modest 2013 improvement for world economy

    WASHINGTON (AP) — The International Monetary Fund is projecting a modest rise in global economic growth for 2013, but also warning that problems in the eurozone and the United States could derail momentum.
    WASHINGTON (AP) — The International Monetary Fund is projecting a modest rise in global economic growth for 2013, but also warning that problems in the eurozone and the United States could derail momentum. The report Wednesday, an update of the...

    Tags: International Monetary Fund, Japan, Barack Obama, International Organizations, Washington, DC

    9. Jan 22, 2013 |Story| Los Angeles Times

  9. 11 EU nations to plan tax on financial transactions

    LONDON – Pressing ahead where others have balked, 11 European countries received the green light Tuesday to plan a financial transaction tax that could generate billions of dollars in revenue for cash-strapped governments.
    LONDON – Pressing ahead where others have balked, 11 European countries received the green light Tuesday to plan a financial transaction tax that could generate billions of dollars in revenue for cash-strapped governments. Led by Germany and...

    Tags: Portugal, Finance, Germany, European Union, Business Institutions

    10. Dec 21, 2012 |Story| Los Angeles Times

  10. Restaurants in China, U.S., Europe reflect global economy

    Looking for evidence of China’s economic prowess, Europe’s malaise and consumer ennui in the U.S.? Use the international restaurant industry as a barometer, according to a report this week.
    Looking for evidence of China’s economic prowess, Europe’s malaise and consumer ennui in the U.S.? Use the international restaurant industry as a barometer, according to a report this week. China’s economy, coming off a period of...

    Tags: Kentucky Fried Chicken, Fiscal Cliff, China Earthquake (2010), Consumers, Food Industry

    11. Jan 23, 2013 |Story| Los Angeles Times

  11. Investors say U.S. fiscal woes pose biggest risk to global economy

    WASHINGTON -- Investors around the world say the fiscal woes of the U.S. -- highlighted by the ongoing fight over the debt limit -- pose the biggest risk to the global economy this year, according to poll results released Wednesday.
    WASHINGTON -- Investors around the world say the fiscal woes of the U.S. -- highlighted by the ongoing fight over the debt limit -- pose the biggest risk to the global economy this year, according to poll results released Wednesday. More than a third of...

    Tags: John Boehner, Fiscal Cliff, Credit Ratings, Parties and Movements, Investments

    12. Jan 22, 2013 |Story| Los Angeles Times

  12. Stock markets in Europe and Canada edge higher

    Stock and bond markets in the U.S. were closed Monday for the Martin Luther King Jr. holiday, but trading took place in the rest of the world.
    Stock and bond markets in the U.S. were closed Monday for the Martin Luther King Jr. holiday, but trading took place in the rest of the world. European stocks rose while German bonds declined as European finance ministers met for the first time this...

    Tags: Finance, Brazil, Bonds, General Electric Company, United Kingdom

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European Debt Crisis Photos
Cypriot security guards stand outside the parliament bu...
(March 18, 2013)
Cyprus Bailout Deal Raises Fears For Eurozone
The sovereign debt crisis worsened as economic pain spr...
(July 19, 2012)
European debt crisis
delivers a speech at a special forum preceding the 2012...
(July 6, 2012)
Making a point