financial crisis

The Switzerland-based investment banking company Credit Suisse said on Monday that it will pay $495 million to settle a dispute concerning mortgage-backed securities.   The dispute dates back to the financial crisis in…

The British pound rose on Thursday in volatile trade as investors awaited the impending deadline for the Bank of England (BoE) to end an emergency bond-buying program. A day earlier, the British currency fell to an almost two-week low but…

Issued on: 14/10/2022 - 08:13 Almost three years into Lebanon’s trifecta of economic, social and political crises, many Lebanese are desperate to find solutions. With no…

Issued on: 10/10/2022 - 11:53 Former Federal Reserve chief Ben Bernanke along with Douglas Diamond and Philip Dybvig won the 2022 Nobel Economics Prize "for research on banks…

Observers of the UK's political and economic scene have gotten used to chaos over the last few years. The past two weeks may well top the lot. It's worth going back to where it began. The first meaningful policy moment for Liz Truss's new…

<!-- -->Nouriel Roubini expects the US and global recession to last all of 2023.Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a "long and ugly" recession in the US and globally occurring at the end…

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<!-- -->Ending the oversight will strengthen Greece's international market position.(File)Athens: Greece on Saturday concluded 12 years of European Union fiscal surveillance that was imposed in return for bailouts after a crushing…

US stocks have posted their worst first half in more than 50 years, while their European counterparts finished with their worst one since the global financial crisis in 2008. Investors fear that interest rate hikes by central banks to tame…

US stocks have posted their worst first half in more than 50 years, while their European counterparts finished with their worst one since the global financial crisis in 2008. Investors fear that interest rate hikes by central banks to tame…