debt crisis

 
European 'bank union' could prevent another debt crisis
European 'bank union' could prevent another debt crisis
Germany is working on a plan that would allow the completion of a euro zone banking union without changing existing European Union law, potentially...
Savings tax mooted to save Cypriot banks sunk by Greek debt
Savings tax mooted to save Cypriot banks sunk by Greek debt
Cyprus's banks were heavily exposed to the Greek debt crisis because of the large bond holdings of Greek debt, both public and private....
Ghastly garnishee abuse exposed
Ghastly garnishee abuse exposed
A South African multinational company's decision to bring in a law firm to assist more than 13 000 staff members who had garnishee orders...
Spend, spend, spend ... it is the only way out of the depression
Spend, spend, spend ... it is the only way out of the depression
By now you will probably have read an awful lot about the financial crisis. Perhaps I have been reading all the wrong stuff, but until now I have...
Europe forges fiscal union to end debt crisis
Europe forges fiscal union to end debt crisis
Working almost to exhaustion and persuading countries one by one, European leaders agreed on Friday to redefine their continent -- hoping that by...
Oil inches closer to $102 ahead of EU debt summit
Oil inches closer to $102 ahead of EU debt summit
Oil prices inched higher to near $102 a barrel on Thursday in Asia ahead of an interest rate decision in Europe and a crucial summit on the...
The rising trend of falling supply
The rising trend of falling supply
These days the news is full of dire warnings about another financial meltdown emanating from the sovereign debt crisis in Europe. Professor Nouriel...
Papandreou out as coalition gathers to put out Greek fires
Papandreou out as coalition gathers to put out Greek fires
The Greek prime minister and opposition have agreed on the formation of a new coalition government in a bid to break the political deadlock and...
Brace yourself South Africa, we're in for a rough ride
Brace yourself South Africa, we're in for a rough ride
It is time for South Africa to knuckle down and work together in order to weather any pending financial storms, Finance Minister Pravin Gordhan...
Global slump may retard Africa's growth
Global slump may retard Africa's growth
As the economic clouds darken over Europe and the United States, there are concerns a double-dip recession in the West could cast a shadow over...
Rand's 'annus volatilis' set to continue
Rand's 'annus volatilis' set to continue
The rand, thanks to its volatility in recent days, has quickly become one of the worst performing global currencies and, without a resolution to...
Rates steady in spite of rand's freefall
Rates steady in spite of rand's freefall
The Reserve Bank kept interest rates steady on Thursday, after a sharp overnight depreciation of the rand and amid darkening expectations for the...

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