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EU, IMF agree $1-trillion emergency fund

Policymakers unleashed a rescue package worth about $1-trillion to stabilise markets and prevent the Greek debt crisis from destroying the euro.
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New regulations likely as US probes big stock dive

President Barack Obama said on Friday that regulators would look for ways to prevent a repeat of Thursday's mysterious stock market meltdown.
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Fears of Greek contagion sweep global markets

Greece's economic crisis sent shivers of fear through global markets on Thursday over concern it could spread like wildfire through Europe and beyond.
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Greeks to ramp up protests, euro hit by contagion fear

Greece is likely to grind to a halt on Wednesday as protests intensify against draconian measures to secure financial aid.
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Greece promised rescue package, but investors wary

European nations aim to formally launch the biggest financial bail-out of a country this week and hope it will bring calm to the markets.
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Greece erupts in violent protest

Athens erupted into violence as traditional May Day festivities turned into a bitter protest against draconian austerity measures.
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Greek debt crisis: Europe feels shockwaves

German Chancellor Angela Merkel said on Wednesday Greece's international bail-out must be accelerated for the sake of the entire eurozone.
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Aboard 'sinking ship', Greeks await EU-IMF lifeline

Greece put itself and the EU in uncharted waters this week by becoming the first eurozone country to ask for a loan lifeline involving the IMF.
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G20 wary of overconfidence as Greece cast long shadow

G20 leaders said they had secured a economic recovery but were wary of overconfidence as Greece's crisis put the focus on worsening public finances.
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Goldman to argue it was unsure about housing prices

Goldman Sachs is preparing to defend itself against the US government allegations by arguing that it was unsure where housing prices were headed.
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Sponsored Press Releases

Business takes slack approach on mobile devices
ITWeb
Ipsos announces Quality Award winners 2012
Ipsos
mapIT supports AVIS Unogwaja Challenge
MapIT
Unshaped ADSL with static IP address
OpenWeb
Agile methodology - how to get more done, with less, for less and still keep everyone happy
DST Global Solutions