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EU Looks To A Bank Tax To Pay For Future Bailouts

AP | AOIFE WHITE | Posted 05.25.2011 | Business

BRUSSELS — Banks should pay a levy to help prevent future bailouts and shield taxpayers from the burden of multibillion euro (dollar) rescues, t...

Reality Check: Who Are the Factual Journalists?

Ali Safavi | Posted 05.25.2011 | World
Ali Safavi

In "Who are the Terrorists," Kenneth Timmerman rehashes absurd tabloid allegations against the main Iranian opposition group, the Mujahedin-e Khalq.

European Economy Needs Major Reforms, Warns EU Leader

AP | AOIFE WHITE | Posted 05.25.2011 | Business

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European Debt Crisis: 'One False Move' Could Trigger Another U.S. Downturn

washingtonpost.com | Howard Schneider and Neil Irwin | Posted 05.25.2011 | Business

For the average American, that seemingly distant sequence of events could translate into another hit on the 401(k) plan, a lost factory shift if expor...

EU Bank "Stress Tests": Only 7.6% Fail

AP | PAN PYLAS | Posted 05.25.2011 | Business

LONDON — The results are in: Only seven of 91 European banks flunked the "stress tests" aimed at clearing up market fears about the strength of ...

Analysis: Markets Won't Wait For EU On Debt

AP | BRADLEY S. KLAPPER and JILL LAWLESS | Posted 05.25.2011 | Business

GENEVA — Can anything stop the euro's decline? With the single currency facing the biggest crisis of its existence, European governments this m...

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

DK Matai | Posted 05.25.2011 | Green
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

Euro Crisis: EU About To Experience An American-Style Credit Crunch

McClatchy | Kevin G. Hall | Posted 05.25.2011 | Business

Q: Isn't this reminiscent of the turbulent fall of 2008? A: Yes. The fear gripping Europe is leading to a rise in short-term lending rates, and tha...

EU Wants To Flood Derivatives Market With Light

AP | AOIFE WHITE | Posted 05.25.2011 | Business

...

Trichet: Europe's Economy In Deepest Crisis Since World War II

AP | Posted 05.25.2011 | Business

BERLIN — The President of the European Central Bank is quoted as saying that he still sees Europe's economy in its deepest crisis since World Wa...

Volcker

bloomberg.com | Simon Clark | Posted 05.25.2011 | Business

May 14 (Bloomberg) -- Former Federal Reserve Chairman Paul Volcker said he's concerned that the euro area may break up after the Greek fiscal crisis t...

Argentina: Greek Financial Rescue Is Doomed To Fail

AP | MICHAEL WARREN | Posted 05.25.2011 | Business

AVELLANEDA, Argentina — Gregorio Lopez has a message for the Greek workers who are protesting deep cuts in salaries and pensions that come with ...

Another Blow To The EU -- Portugal Gets Downgraded

AP | BARRY HATTON | Posted 05.25.2011 | Business

LISBON, Portugal — Moody's credit rating agency downgraded Portugal's debt on Tuesday, casting fresh doubt on the country's ability to weather i...

European Debt Crisis: EU Plans Closer Spending Scutiny

AP | AOIFE WHITE | Posted 05.25.2011 | Business

BRUSSELS — European Union officials urged a crackdown on widespread government overspending, calling Wednesday for much closer economic coordina...

Europe Financial Defense Package: Agreement Reached On Massive Preemptive Bailout

AP | AOIFE WHITE | Posted 05.25.2011 | Business

BRUSSELS — A bold $1 trillion rescue by the European Union halted the slide of the euro on Monday and sent markets soaring worldwide in a gambit...

Fed Opens Line Of Credit To Europe

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on...

Welcome to the Post-Unipolar World: Great for the U.S. and for the Rest

Leon T. Hadar | Posted 05.25.2011 | World
Leon T. Hadar

The U.S. should not retreat from the world. But by embracing a policy of "constructive disengagement" from some parts of the world, America could help itself and the rest of the world.

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

EU CAPS Bank Bonuses: Company Performance To Dictate Bonus Pay

AP | AOIFE WHITE | Posted 05.25.2011 | Business

BRUSSELS — European Union lawmakers have voted overwhelmingly to cap bankers' short-term cash bonuses from next year, a move that European leade...

Greek Debt Crisis: Fears Intensify That Crisis Will Hit U.S.

AP | CHRISTOPHER S. RUGABER | Posted 05.25.2011 | Business

WASHINGTON — The stock market's slump this week reflects a widespread concern among many economists that the European debt crisis could slow the...

Greek Financial Crisis: It's Not About Greece Any More

New York Times | Peter Boone and Simon Johnson | Posted 05.25.2011 | Business

The Greek "rescue" package announced last weekend is dramatic, unprecedented, and far from enough to stabilize the eurozone. The Greek government an...

Spain Could Go The Way Of Greece

nytimes.com | RAPHAEL MINDER | Posted 05.25.2011 | Business

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Debt Crisis and Threat of Bankruptcy Encourages Europe To Create Greater Economic Reform

AP | DANIEL WOOLLS and COLLEEN BARRY | Posted 05.25.2011 | Business

MADRID — In the ashes of Europe's debt crisis, some see the seeds of long-term hope. That's because the threat of bankruptcy is forcing governm...