Finance

Pope Francis to close Vatican Bank

Pope Francis prepares to tackle some of the Catholic Church's major problems and he starts with the Vatican Bank, which…

12 years ago

Cyprus initial bailout plan was not smart, says ECB President Mario Draghi

ECB President Mario Draghi has said the initial plan to make small savers pay for the Cyprus bailout was "not…

12 years ago

Bank of Japan to expand country’s money supply to stimulate economy growth

The Bank of Japan (BOJ) has announced it will dramatically expand the country's money supply, as it tries to stimulate…

12 years ago

Cyprus agrees on challenging rescue plan to release bailout

Cyprus has officially agreed to a set of measures that will release a 10 billion-euro ($12.8 billion) IMF-EU bailout. The…

12 years ago

Dow Jones and S&P 500 set new all-time highs on Wall Street

Dow Jones and Standard & Poor's 500 share indexes have set new all-time highs on Wall Street. Now the stock…

12 years ago

Cyprus Finance Minister Michalis Sarris resigns

Cyprus Finance Minister Michalis Sarris has decided to resign after completing talks on the controversial IMF-EU bailout deal. Michalis Sarris…

12 years ago

Stockton, CA, becomes the most populous US city ever to enter bankruptcy protection

California city of Stockton has become the most populous US city ever to enter bankruptcy protection after a judge has…

12 years ago

Cyprus crisis: Russia will not compensate its citizens who lost money in banking crisis

The Russian government has announced it will not compensate its citizens who have lost money in the Cyprus banking crisis.…

12 years ago

Unusual tax write-offs made and allowed by the IRS

A list of unusual IRS (Internal Revenue Service) claims that did get approved includes the woman who claimed her breast implants…

12 years ago

Bank of Cyprus haircuts big depositors up to 60%

Bank of Cyprus depositors with more than 100,000 euros ($128,200) could lose up to 60% of their savings as part…

12 years ago