Financial Crisis

Cyprus government to fight court's pay cut ruling

Mar 30, 2019

Cyprus' finance minister says authorities will act to "neutralize" an administrative court decision that declared unconstitutional cuts to government workers' salaries that were made amid a 2012 financial crisis

Vice President Pence to give Venezuela speech in Houston

Mar 28, 2019

U.S. Vice President Mike Pence will visit Houston next week to give a speech on the political turmoil and economic crisis in Venezuela

Trump seeks to end government control of mortgage companies

Mar 27, 2019

President Donald Trump issued an order for the government to end its 10-year conservatorship of the mortgage companies Fannie Mae and Freddie Mac

Greece limits foreclosure protection after financial crisis

Mar 27, 2019

Greek lawmakers begin debating tougher new regulations for household insolvency after major financial crisis leaves nearly half of mortgages and commercial loans in distress

Pharmaceutical Roche latest to add to Brazil's economic woes

Mar 26, 2019

Swiss pharmaceutical company Roche says it will stop producing medicines at its Rio de Janeiro unit in Brazil, another blow to a country whose economy appears to be in its most sluggish decade in 120 years

Survey: Business economists see slowdown in growth this year

Mar 25, 2019

Survey: Business economists see slowdown in growth in contrast to Trump administration's rosy view

Trump to nominate conservative Stephen Moore for Fed board

Mar 22, 2019

Trump to nominate Stephen Moore, a conservative economic analyst, for Fed board

Spain seeks to bring back people who left during crisis

Mar 22, 2019

Spain is trying to lure back home thousands of Spaniards who went abroad to find work when the country's economy went into a recent downturn

New Fed forecast for 2019: Slower growth and zero rate hikes

Mar 21, 2019

Fed's new forecast for 2019: Slower economic growth and zero rate increases for borrowers

UN rights chief: US sanctions could deepen Venezuelan crisis

Mar 20, 2019

The United Nations' high commissioner for human rights worries recent U.S. sanctions aimed at toppling Venezuelan President Nicolas Maduro could harm the nation's people

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