Search Results for 'Crisis'

Central Bank Becomes an Unlikely Hero in Euro Crisis

BERLIN — Throughout the month, countries caught in the eye of the European financial storm, including Italy, Spain and France, have repeatedly defied expectations, selling big batches of bonds to the public at interest rates signifi [...]

Posted On : Jan, 21 2012 | Comments : 0

'Saudi banks can weather euro zone debt crisis shocks'

This stable outlook for the Saudi banking system is further supported by Moody's Investors Service's new report published Monday. The report says that the outlook for the Saudi banking system remains stable based on the country [...]

Posted On : Dec, 06 2011 | Comments : 0

Central Banks Step Up Battle to Contain Crisis

The central banks for the U.K. and the euro zone scrambled to inject new life into their fading economies, both acting Thursday to try to stave off recession or a credit crunch while awaiting the next moves of the region's embattled g [...]

Posted On : Oct, 07 2011 | Comments : 0

'Draconian' UK bank reforms will push lenders into a crisis

Less than two weeks before the publication of the final report of the Independent Commission on Banking, senior politicians and financiers have warned that its recommendations could imperil Britain's banks. Andrew Tyrie MP, the cha [...]

Posted On : Sep, 01 2011 | Comments : 0

WSJ: Renewed Fears Europe's Banks Too Weak To Withstand Debt...

A dramatic sell-off in European financial markets on Thursday renewed fears that Europe's banks are too weak to withstand the Continent's debt crisis, increasing the chances that the region's leaders will be forced to pursue r [...]

Posted On : Aug, 19 2011 | Comments : 0

Foreign Banks Tapped Fed’s Secret Lifeline Most at Crisis Pe...

U.S. Federal Reserve Chairman Ben S. Bernanke’s two-year fight to shield crisis-squeezed banks from the stigma of revealing their public loans protected a lender to local governments in Belgium, a Japanese fishing-cooperative finan [...]

Posted On : Apr, 01 2011 | Comments : 0

Tougher EU bank tests could ease crisis

With its plan to take another close look at the health of banks, the European Union could make a big leap ahead in its response to the government debt crisis. But for the tests to be meaningful this time around, governments and regulator [...]

Posted On : Dec, 10 2010 | Comments : 0

Central banks face crisis of confidence

Central banks around the world are facing the worst crisis of confidence since the 1930s, as investors, households and firms question their commitment and ability to deliver price stability. Whether it is inflation or deflation, outsider [...]

Posted On : Sep, 30 2010 | Comments : 0

Banks risk £100bn in eurozone crisis

Britain's banks have accumulated £100bn of exposure to Spain, Portugal and Greece, analysis showed as another debt downgrade rocked the financial markets. Research from Credit Suisse said that Barclays Capital and Royal Ba [...]

Posted On : Apr, 29 2010 | Comments : 0

Walker's World: New food crisis looms

We tend to forget that the worldwide plunge into recession last year was the result of three separate phenomena that combined to breed disaster. The financial crisis was joined by a food crisis and a fuel crisis as the prices of food and en [...]

Posted On : Apr, 07 2009 | Comments : 0

Central bank changes tack on credit crisis

Bank of Canada Governor Mark Carney is rearming to fight a recession that is proving tougher than the central bank anticipated. Mr. Carney cut the benchmark mark lending rate by half a percentage point yesterday, dropping the target for ov [...]

Posted On : Mar, 04 2009 | Comments : 0

World Bank warns on 'human crisis' of high food prices

World Bank president Robert Zoellick urged governments to act to contain a mounting "human crisis" today, as he warned that 44 million of the world's poorest people would be driven into malnutrition this year, as a result of high [...]

Posted On : Oct, 09 2008 | Comments : 0

Neonatal cots under pressure but no crisis

Pressure on neonatal intensive care unit numbers is tight but manageable, the Government said today.National health's spokesman Tony Ryall said there were no cots available throughout New Zealand according to the neonatal service website A [...]

Posted On : Jul, 31 2008 | Comments : 0

For Abu Dhabi and Citi, Credit Crisis Drove Deal

A falling dollar, a growing pile of oil revenue and an interest in not being overshadowed by neighboring Dubai’s increasingly high profile spurred Abu Dhabi to break with its low-key investing tradition to purchase a big $7.5 billion [...]