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Tuesday, December 17, 2013

EU ministers set to define banking union

EU ministers set to define banking union


EU ministers set to define banking union

Posted: 17 Dec 2013 10:01 AM PST

The ideal is to combine eurozone financial scrutiny to create one bank supervisor, one resolution authority, one rescue fund and one guarantee to depositors

‘Fragile five’ countries face taper crunch

Posted: 17 Dec 2013 11:37 AM PST

Central banks of Brazil, India, Indonesia, South Africa and Turkey have been the busy hiking rates to counter plunging currencies

French seek permanent EU defence fund

Posted: 17 Dec 2013 11:07 AM PST

Hollande is poised to demand that the EU sets up permanent fund to finance operations such as intervention in Central African Republic

Spy ruling creates a dilemma for Obama

Posted: 17 Dec 2013 10:44 AM PST

Ruling has presented new political dilemma for a White House that has struggled to respond to cascade of revelations about National Security Agency

Carney warns of ‘great risk’ to unwinding

Posted: 17 Dec 2013 10:23 AM PST

It will be 'material news' when central bank of advanced economy begins to sell debt,' says BoE chief, warning of challenges 'in terms of execution'

Russia cuts deal to finance Ukraine

Posted: 17 Dec 2013 08:07 AM PST

Moscow will buy $15bn of Ukraine's bonds and slashes gas prices, in a deal that will sharply increase Russia's influence over the ex-Soviet republic

Threats to US stability abate, says report

Posted: 17 Dec 2013 08:48 AM PST

Treasury department's Office of Financial Research said it had developed a prototype Financial Stability Monitor, a new tool that will track threats

Sick children face pain and lack of cure

Posted: 17 Dec 2013 03:19 AM PST

A shortage of drugs and expertise means sick children face a double tragedy: no chance of a cure but with the possibility they will also die in pain

US Senate poised to pass budget

Posted: 17 Dec 2013 10:22 AM PST

The legislation sets spending levels for next two years, reduces the chances of a government shutdown and brings some stability to US fiscal policy

Postcode data show London housing boom

Posted: 17 Dec 2013 04:39 AM PST

One corner of London has more mortgage debt than the whole of Wales, according to postcode-specific data compiled by the Council for Mortgage Lenders

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