A series of data releases this week will show how the world’s economies are faring in the face of an uncertain future, writes <b>Matt Quigley</b>.
The head of the OECD has said that the eurozone needs to build "the mother of all firewalls" to prevent the crisis from spreading throughout the bloc.
The world’s leading economies are pressing Europe to act boldly within eight days to resolve the eurozone’s sovereign debt crisis.
A mass anti-austerity protest, called by unions, has taken to the streets, as EU ministers cut short talks on the euro zone debt crisis.
Timothy Geithner told EU finance ministers to end talk about a eurozone break-up and work with the European Central Bank to fight the debt crisis.
Unscheduled talks seen as a bid to address US concerns.
United States Treasury Secretary Timothy Geithner said on Monday that the global recession seemed to be losing force.
The United States on Monday offered generous financing for private investors to help cleanse banks of up to -trillion in toxic assets.
Edward M Liddy, chairperson and CEO of AIG, has become the reluctant defender of princely employee bonuses that Congress finds indefensible.
The G7 meet in Rome this week to kick off a run of high-profile meetings among leaders wrestling to get recession-hit economies back on their feet.
The Obama administration plans to limit pay to 000 a year for executives of government-assisted financial institutions.
Japan plans to use public money to help the companies hardest hit by the global financial crisis.
Barack Obama enters his first full week in office on Monday battling to win over Republicans hostile to his plan to haul the US out of recession.
Barack Obama on Thursday ordered the closing of Guantánamo prison and named veteran trouble-shooters for the Middle East and Afghanistan.
Barack Obama’s economic team is working on an overhaul of the -billion programme, with the aim of doing more to spur the flow of credit to the US.
US president-elect Barack Obama has chosen seasoned policymakers Timothy Geithner and Lawrence Summers as his two top economic lieutenants.
The head of the crisis-hit investment bank Bear Stearns has blamed short sellers and market manipulators for spreading negative financial rumours to induce a collapse of the…
