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Cyprus finance minister to stay in Russia ‘as long as it takes’ to reach deal – The Guardian

Russia and Cyprus were set to launch a second day of talks in Moscow on Thursday over a multibillion-dollar loan to help save the Mediterranean island from a financial crisis that could have a disastrous impact across Europe. The Cypriot finance minister, Michael Sarris, held inconclusive negotiations with top Russian officials on Wednesday, but said […]

Manappuram Finance Poised for Biggest Two-Day Plunge in a Decade – Bloomberg

Manappuram Finance Ltd. (MGFL) plunged for a second day after the Indian lender that accepts gold as collateral said falling prices of the yellow metal may trigger an increase in defaults and reduce fourth-quarter earnings. The shares dropped 11 percent to 24.6 rupees at 11:38 a.m. in Mumbai, extending yesterday’s 20 percent plunge. The stock […]

What aspects of personal and public finance should be taught in schools? – The Guardian

From the basics of choosing a lucrative bank account to playing the stock market, knowing how to manage your purse strings wisely is an essential life skill for any young person growing up in a nation still struggling to recover from a global economic crisis. Even Michael Gove agrees, adding personal budgeting and money management […]

Toward a National Weather Forecaster for Finance – Bloomberg

Toward a National Weather Forecaster for Finance – Bloomberg

At the time of World War I, many meteorologists had all but given up on the idea of accurate and scientific weather forecasting. Then a physicist and ambulance driver by the name of Lewis Richardson, in spare moments between terrifying bouts rescuing the injured, undertook a momentous project. His aim was to calculate, by simulating […]

The end of an era? – The Economist (blog)

PAUL KRUGMAN writes: Let me make a broader point: we’ve now seen three island nations around Europe become huge international banking hubs relative to their GDPs, then get into crisis because their domestic economies don’t have the resources to bail out those metastasized banking systems if something goes wrong. This strongly suggests, to me at […]

Senate Finance chief wants trade promotion bill this year – Reuters

WASHINGTON | Tue Mar 19, 2013 12:02pm EDT WASHINGTON (Reuters) – Senate Finance Committee Chairman Max Baucus said on Tuesday he hoped to pass legislation this year to boost the White House’s ability to negotiate new trade agreements, renewing a law known as trade promotion authority that expired in 2007. Baucus said he wanted to […]

Housing-finance regulator to Congress: Get to work – MarketWatch (blog)

Housing-finance regulator to Congress: Get to work – MarketWatch (blog)

Bloomberg News Ed DeMarco, acting director of the Federal Housing Finance Agency, in 2012 A besieged federal housing-finance regulator told U.S. lawmakers Tuesday that more direction is needed from Congress about the future of government-backed mortgage buyers Fannie Mae and Freddie Mac. “Provide some parameters,” Edward DeMarco, acting director of the Federal Housing Finance […]

Housing Will Limp Along at Best: Gary Shilling – Yahoo! Finance (blog)

Aside from the €10 billion Cyprus bailout, U.S. housing data will be another key factor for the markets this week. Housing starts rose 0.8% in February to an annual rate of 917,000 homes, the U.S. Commerce Department reported Tuesday. That’s a 27.7% increase from the year before. On Monday, the National Association of Homebuilders said […]

Cyprus Finance Ministry Official Sees Risk of Levy Vote Delay, Longer Bank … – Wall Street Journal

Email Newsletters and Alerts The latest news and analysis delivered to your in-box. Check the boxes below to sign up. New! To sign up for Keyword or Symbol Alerts click here. To view or change all of your email settings, visit the Email Setup Center. Cyprus Finance Ministry Official Sees Risk of Levy Vote Delay, […]

JobsOhio turns over private finance records to auditor – Toledo Blade

Home → News→ StateLoading… COLUMBUS — Ohio’s nonprofit job creation agency turned over information on its private finances today in response to an order by the state auditor, but it continued to insist the records are not public. JobsOhio spokeswoman Laura […]