Reuters - The euro zone will pursue measures to tackle its sovereign debt crisis this week by offering more cash to the IMF and long-term liquidity to banks, while moving towards tighter fiscal rules, after ratings agency Fitch cast doubt on it ability to forge a decisive response.[Read more...]
The decision to unfreeze the assets of two Libyan banks is “another significant moment” in the country’s transition, the Foreign Secretary said.[Read more...]
“Locations in the best areas of London continue to be in demand from both international and UK domestic buyers who are attracted by the stability of the London market, the relative value in sterling against other currencies and the desire to hold property in one of the world’s [...]
Reuters - Stock index futures rose on Wednesday after China unexpectedly cut its banks’ reserve requirements in hopes of boosting an economy running at its weakest pace since 2009.[Read more...]
Reuters - Stocks fell and the euro weakened on Wednesday after Standard & Poor’s hit some of the world’s leading banks with a credit downgrade and euro zone leaders’ move to ramp up the regional bailout fund drew a tepid response.[Read more...]
‘The government will underwrite the loans the banks make to small businesses in order to cut the interest rates the small businesses pay,’ George Osborne said on the Andrew Marr Show Photo: GEOFF PUGH [...]
‘The government will underwrite the loans the banks make to small businesses in order to cut the interest rates the small businesses pay,’ George Osborne said on the Andrew Marr Show Photo: GEOFF PUGH [...]
The U.K. Treasury will guarantee bank lending to small and midsize companies in a bid to reduce the costs of such debt and stimulate lending to a part of the British economy that has struggled to get new funds, according to a person familiar with the matter. The government will use its balance sheet to [...]
Chancellor George Osborne will unveil a £20 billion credit easing scheme in his Autumn Statement. Photo: EDDIE MULHOLLAND By Matthew Sparkes 10:19AM GMT 27 Nov 2011 [...]
YORK, England (Reuters) - The proportion of Britons who own their own homes is likely to be permanently reduced as a result of the financial crisis, Bank of England policymaker David Miles said on Tuesday. Addressing a property industry conference in York, northern England, Miles said banks were unlikely to issue many high loan-to-value mortgages [...]
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Israel envoys ‘target of attacks’~RS~q~RS~~RS~z~RS~25~RS~)
Banking reforms given green light~RS~q~RS~~RS~z~RS~21~RS~)
Czech statesman Vaclav Havel dies
Elated, last US troops leave Iraq, ending war
(AP)
Last US troops elated to leave Iraq as war ends
(AP)
Final U.S. Troops Leave Iraq
Last US troops leave Iraq as war ends
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Last US troops withdraw from Iraq~RS~q~RS~~RS~z~RS~23~RS~)
Philippines steps up flood rescue
Senate OKs payroll tax cut, huge spending bill
(AP)
Cairo Protesters, Police Clash; 9 DeadPolice Clash With Cairo Protesters; 9 DeadClashes in Cairo Leave 8 Dead
Senate OKs $1T budget bill, payroll tax cut
(AP)Senate OKs short-term extension of payroll tax cut
(AP)