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Market and Exchange

A collection of news and information related to Market and Exchange published by this site and its partners.

Top Market and Exchange Articles

Displaying items 157-168
  • Euro near a 2-year low; EU calls for a 'banking union'

    The European Union’s executive body is calling for a “banking union” to centralize efforts to deal with the region’s economic turmoil – especially in Spain, which is racked by high unemployment and severe debt. It’s...
  • European Central Bank tosses hot potato back to governments

    European Central Bank tosses hot potato back to governments
    The European Central Bank is keeping its benchmark interest rate steady at 1%, handing off the responsibility of righting the struggling Eurozone to its disparate governments. Mario Draghi, the bank’s president, said Wednesday that although the...
  • Euro zone unemployment at record high 10.9%

    Euro zone unemployment at record high 10.9%
    Unemployment in the 17 countries that make up the euro zone was at a record high of 10.9% in March, according to a new report that likely has incumbents in Sunday’s elections breaking into a cold sweat. The jobless rate is up from 10.8% in February...
  • Food is getting more expensive internationally, says World Bank

    Food is getting more expensive internationally, says World Bank
    The cost of food around the world is rising again, due to bad weather, soaring oil costs and strong demand in Asia for imports, according to the World Bank. Global food prices soared 8% between December and March after dipping late last year from...
  • Will higher gasoline prices change the way we live?

    Will higher gasoline prices change the way we live?
    Rising gasoline prices may finally kill the milkman,  as an article in The Times notes. As gas prices continue to climb – 26 cents in the last week in California, 57 cents in the last year – they may also fundamentally change the way we live....
  • Europe ponders 'banking union' to avert further euro crises

     
    European leaders called Wednesday for the 17-nation Eurozone to create a "banking union" to collectively stabilize struggling financial institutions and protect national governments from taking on excessive debt to bail out their banks....
  • Left-wing Greek leader gives up on forming a government

     
    Greece's Alexis Tsipras of the leftist Syriza party gave up Wednesday on forming a government. Tsipras had pledged to tear up the country's bailout agreements with its international creditors....
  • Euro crisis imperils recovering global economy, OECD warns

     
    Most major economies are enjoying growth and recovery after four years of turmoil but the improvements are uneven and the Eurozone crisis could spill outside Europe "with very serious consequences for the global economy," the Organization for Economic...
  • Greece in last-ditch effort to form a government

     
    Greece's president began a last-ditch effort Sunday to broker a deal for a coalition government after last week's inconclusive elections. The financially ailing nation is without a government at a time when it most needs one....
  • New data add to worries about European economies

     
    With European leaders squabbling over how to revive their withering economies, new market indicators Thursday showed the steep challenge they face, including signs that even powerhouse Germany may be heading for trouble....
  • Eurozone crisis: A love-hate relationship imperils the currency

     
    Global focus: The Irish voted "with a heavy heart" this week to tough out the hardships of remaining a member of the Eurozone. Greek and French voters protested the pain of austerity by throwing out leaders who had been slashing jobs and services to...
  • British ministers join soccer boycott that is riling Ukraine

     
    British ministers pledged Thursday to boycott the early games in the upcoming Euro 2012 soccer tournament over concerns for jailed former Prime Minister Yulia Tymoshenko, despite Ukrainian pleas that soccer and politics shouldn't mix....