2008 Financial Crisis

Statements on coronavirus show Donald Trump can't handle the truth and neither can America's right-wingers

Over the weekend, Donald Trump once again declared that the coronavirus is perfectly under control, that any impressions to the contrary are due to the “Fake News Media” out to get him

Asian markets skid again; selling restrained by hopes of central bank rate cuts, stimulus talks

Speculation of more central bank rate cuts and possible fiscal stimulus saw US Treasury yields edge up from historic lows, and oil prices paused after the steepest fall since the 1991 Gulf war.

US presidential hopeful Amy Klobuchar unveils 137-point priority list; climate change, gun control on top of Democratic senator's agenda

US Senator Amy Klobuchar unveiled on Tuesday a 137-point list of priorities she would address in her first 100 days in office if elected president. The policies touch on matters ranging from high-profile topics like climate change, healthcare and gun regulations to the classification of federal tax offices. She will face off on 26 June against nine other candidates in the first debate of the nominating contest.

World failed to eliminate tax havens post 2008 financial crisis: Spanish PM Pedro Sanchez

In a special address at the WEF Annual Meeting here, Spanish Prime Minister Pedro Sanchez warned that the world is in danger of forgetting the lessons that were learnt from the financial crisis of 2008.

The Great Indian NPA Mess: How MUDRA scheme, Kisan credit cards could pose the next round of risk for banking sector

The loans extended under the government’s MUDRA scheme and Kisan Credit Cards pose a potential credit risk. These growing liabilities need to be examined with greater urgency.

Dodd Frank law on its way out as US Congress nears dismantling of post-crash bank rules

Congress was taking a final step Tuesday toward dismantling a chunk of the rules framework for banks installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes.