European Union countries could be obliged to bail out one another’s struggling banks, according to a draft EU law that marks a big step towards…
Analysis: India inches closer to crisis as rupee retreats
Reuters – 1 hour 42 minutes ago.. .
By Swati Bhat and Emily Kaiser
MUMBAI (Reuters) – India may face its worst financial crisis in decades if it fails to stem a slide in the rupee, leaving t…
November 30, 2011
Money Flows, but What Euro Zone Lacks Is Glue
By STEVEN ERLANGER
PARIS — As European Union leaders prepare for yet another crisis summit meeting next week to discuss fundamental changes in economic governing, there are growing conc…
