Investors should stay focused on the dynamics within European politics that shaped the rescue. Other indebted economies — like Spain, Portugal and Italy — could find themselves in a similar situation, after all. And politics …
Ireland will restructure its banking sector as part of a massive economic aid package from the EU and IMF.
Irish banks will shrink, merge or be sold off, Finance Minister Brian Lenihan said, according to The Associated Press.
The banks are saddled …
As if the Irish debt crisis weren’t enough, investors are worried once again about rising inflation in China. But officials in Beijing are quietly building an impressive record of economic management, and some analysts are conv…
Investors take note: Despite the calls for order, national policymakers are dealing with an increasingly haphazard scenario loaded with counterproductive results and unintended consequences. The result could be a slide toward p…
The International Monetary Fund cut its forecast for world economic growth, saying that the economic recovery will slow as governments cut their budgets.
The IMF cut its outlook for the U.S. economy to 2.2% growth in 2011, from a previous estimate of…