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Feds say they’re finally going after bad guys on Wall Street
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Feds say they’re finally going after bad guys on Wall Street

Max Ehrenfreund | The Washington Post - September 11, 2015

WASHINGTON, D.C. – Twenty-five years ago, lawyers for the George H.W. Bush administration were rounding up more bankers than you could fit in a whole fleet of stretch…

China’s journey from new normal to stock market crisis epicenter
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Business
1959 views

China’s journey from new normal to stock market crisis epicenter

Bloomberg News - August 26, 2015

"When the wind of change blows, some build walls while others build windmills." In late January, Chinese Premier Li Keqiang shared that proverb with global leaders in…

Europe, US markets rally on China rate cut
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Business
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Europe, US markets rally on China rate cut

Roland Jackson and Bill Savadove | AFP - August 25, 2015

LONDON – European and U.S. shares rebounded on bargain-hunting Tuesday as China cut interest rates after fears of a slowdown in the world's second-biggest economy sparked a "Black…

Banks reopen, taxes rise as Greece pays billions to creditors
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Business
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Banks reopen, taxes rise as Greece pays billions to creditors

Katy Lee | AFP - July 20, 2015

ATHENS, Greece – Greece's government hiked taxes and paid billions of euros to its creditors on Monday, as banks reopened just days after the debt-laden country reached a…

After Greece’s apparent ‘No’ to bailout terms, Germany and France call for a eurozone summit on Greece
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Business
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After Greece’s apparent ‘No’ to bailout terms, Germany and France call for a eurozone summit on Greece

AFP - July 5, 2015

BERLIN, Germany -- German Chancellor Angela Merkel discussed the outcome of Greece's referendum with French President Francois Hollande in a telephone call Sunday evening, with both agreeing the…

Global markets fall as Greece closes banks and twin defaults loom
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Business
1977 views

Global markets fall as Greece closes banks and twin defaults loom

Ylan Q. Mui and Michael Birnbaum | The Washington Post - June 30, 2015

Also read: What if there's no deal on rescuing Greece by June 30 deadline? WASHINGTON, D.C. — Greece appeared likely to default on its debt on Tuesday, sending…

Puerto Rico’s governor says Washington must help with staggering debt
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Business
1781 views

Puerto Rico’s governor says Washington must help with staggering debt

Steven Mufson and Michael A. Fletcher | The Washington Post - June 30, 2015

The Puerto Rico governor Alejandro Garcia Padilla on Monday portrayed his territory's economic condition as even more dire than previously revealed, and in a televised address appealed…

What if there’s no deal on rescuing Greece by June 30 deadline?
Business
1478 views
Business
1478 views

What if there’s no deal on rescuing Greece by June 30 deadline?

Jenny Paris and Alessandro Speciale | Bloomberg - June 25, 2015

The Greek crisis has been punctuated by deadlines that have come and gone without any change in the country's position within the euro region. The latest one…

Greek talks ‘go backwards’ as default looms
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Business
1750 views

Greek talks ‘go backwards’ as default looms

Danny Kemp and Alex Pigman | AFP - June 25, 2015

BRUSSELS, Belgium – Greece and its EU-IMF creditors failed to break the deadlock in emergency talks on Thursday to reach a bailout deal, raising fresh fears of a…

Europe’s pointless exercise in Greek austerity
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2033 views
Business
2033 views

Europe’s pointless exercise in Greek austerity

Matt O'Brien | The Washington Post - June 23, 2015

WASHINGTON, D.C. — History repeats itself, first as tragedy, then as farce, and finally as trolling. That, at least, is the case in Greece, where its lenders…