Late-2000s financial crisis http://www.globalpost.com/taxonomy/term/23146/all en GLOBAL MARKETS-U.S. bonds, world shares fall after Fed minutes http://www.globalpost.com/dispatch/news/thomson-reuters/130103/global-markets-us-bonds-world-shares-fall-after-fed-minutes <p>* World shares slip as Fed hints at tighter policy * 10-yr Treasury yields hit highest since May * Dollar index extends rally By Rodrigo Campos NEW YORK, Jan 3 (Reuters) - U.S. Treasury debt prices slid and world stocks reversed course and dipped on Thursday after minutes from the latest meeting of the Federal Reserve's policy committee showed rising concern about the Fed's policy of buying bonds to stimulate growth. The Federal Open Market Committee's minutes also extended a rally in the U.S.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/global-markets-us-bonds-world-shares-fall-after-fed-minutes" target="_blank">read more</a></p> Business Company Location Dow Jones Industrial Average Economic history Economics Economy of the United States Emergency Economic Stabilization Act Federal Reserve System Government Labor Late-2000s financial crisis Law Person Career Person Location Quotation Subprime crisis impact timeline United States United States public debt US Federal Reserve Thomson Reuters Fri, 04 Jan 2013 04:15:23 +0000 5731095 at http://www.globalpost.com CORRECTED-UPDATE 3-US auto sales close out 2012 on positive note http://www.globalpost.com/dispatch/news/thomson-reuters/130103/corrected-update-3-us-auto-sales-close-out-2012-positive-note <p>(Removes reference to 2012 in paragraph 5, to make clear that entire paragraph refers to 2013 industry projections) * Industry on pace to turn in best year since 2007 * Toyota, Honda gained market share in 2012 * Toyota's U.S. December sales up 9 pct, GM up 5 pct * Economic uncertainty in 2013 may dampen sales By Bernie Woodall and Ben Klayman DETROIT, Jan 3 (Reuters) - U.S.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/corrected-update-3-us-auto-sales-close-out-2012-positive-note" target="_blank">read more</a></p> Automotive industry Bankruptcy Business Car classifications Chrysler Group LLC Company Affiliates Company Competitor Conference Call Ford Motor Co Ford Motor Company General Motors General Motors Co GM Honda Honda Motor Co Ltd. Hyundai Motor Company Late-2000s financial crisis Natural Disaster Nissan Motors Person Career Person Location Pickup truck Quotation Toyota Toyota Motor Corp Transport United States Volkswagen Thomson Reuters Fri, 04 Jan 2013 04:15:30 +0000 5731097 at http://www.globalpost.com Looser bank buffer rules no panacea for Europe woes http://www.globalpost.com/dispatch/news/thomson-reuters/130107/looser-bank-buffer-rules-no-panacea-europe-woes <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* Basel agreement seen giving banks more capacity to lend</p> <p>* But weak economy weighs on credit demand</p> <p>* Uncertain outlook also means banks nervous about lending</p> <p>* Rules changes may have bigger impact in U.S. than Europe</p> <p>By Paul Carrel and Marc Jones</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/looser-bank-buffer-rules-no-panacea-europe-woes" target="_blank">read more</a></p> Asset-backed security Bank Business Central banks Economics Entertainment European Central Bank Finance Financial economics Fixed income securities Labor Late-2000s financial crisis Law Person Career Quotation Securitization Structured finance United States housing bubble Thomson Reuters Mon, 07 Jan 2013 17:21:45 +0000 Thomson Reuters 5731375 at http://www.globalpost.com REFILE-US STOCKS-Wall St falls after 5-yr high, earnings in focus http://www.globalpost.com/dispatch/news/thomson-reuters/130107/refile-us-stocks-wall-st-falls-after-5-yr-high-earnings-focus <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p/> <p>* Bank of America shares up on $11 billion Fannie Mae<br /> settlement</p> <p>* Amazon stock hits all-time high on Morgan Stanley view</p> <p>* Indexes off: Dow 0.47 pct, S&amp;P 0.45 pct, Nasdaq 0.41 pct</p> <p>By Rodrigo Campos</p> <p>NEW YORK, Jan 7 (Reuters) - U.S. stocks fell on Monday as<br /> traders cashed in recent gains that lifted the S&amp;P 500 to a<br /> five-year high on Friday and awaited Tuesday's start of the<br /> fourth-quarter earnings season.</p> </p/><p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/refile-us-stocks-wall-st-falls-after-5-yr-high-earnings-focus" target="_blank">read more</a></p> Bank of America Business Relation Buybacks Company Location Economic history Economics Economy of the United States Fannie Mae Investment Late-2000s financial crisis Morgan Stanley Mortgage industry of the United States Person Career Primary dealers Quotation Stock market crashes Technology USD Thomson Reuters Mon, 07 Jan 2013 17:21:36 +0000 Thomson Reuters 5731373 at http://www.globalpost.com GLOBAL MARKETS-U.S. stocks fall from 5-year high; euro firms http://www.globalpost.com/dispatch/news/thomson-reuters/130107/global-markets-us-stocks-fall-5-year-high-euro-firms <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* Wall Street shares retreat from 5-year high</p> <p>* Euro rises on bets ECB might leave rates alone</p> <p>* Oil prices slip with stocks, growth view caps losses</p> <p>* Dollar pulls back from 2-1/2-year high versus yen</p> <p>By Richard Leong</p> <p>NEW YORK, Jan 7 (Reuters) - U.S. stock prices receded from<br /> five-year highs on Monday, while the euro rose against the<br /> dollar on bets the European Central Bank might refrain from<br /> signaling more interest rate cuts on Thursday.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/global-markets-us-stocks-fall-5-year-high-euro-firms" target="_blank">read more</a></p> Business Company Location Dow Jones Industrial Average Economic consequences of the 2006 Thai coup d'├ętat Economic history Economics Economy of the European Union Euro European Union Flash Crash Futures contract Labor Late-2000s financial crisis Law Person Career Quotation Stock market Stock market crashes Thomson Reuters Tue, 08 Jan 2013 01:46:22 +0000 Thomson Reuters 5731420 at http://www.globalpost.com GLOBAL MARKETS-U.S. stocks fall from 5-year high; euro rises http://www.globalpost.com/dispatch/news/thomson-reuters/130108/global-markets-us-stocks-fall-5-year-high-euro-rises <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* Wall Street shares dial back from 5-year high</p> <p>* Euro rises on bets ECB might leave rates alone</p> <p>* Oil prices slip with stocks, growth view caps losses</p> <p>* Dollar pulls back from 2-1/2-year high versus yen</p> <p>By Richard Leong</p> <p>NEW YORK, Jan 7 (Reuters) - Wall Street stock prices<br /> retreated from five-year highs on Monday, while the euro rose<br /> against the dollar on bets the European Central Bank might<br /> refrain from signaling more interest rate cuts on Thursday.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/global-markets-us-stocks-fall-5-year-high-euro-rises" target="_blank">read more</a></p> Business Company Location Dow Jones Industrial Average Economic consequences of the 2006 Thai coup d'├ętat Economic history Economics Economy of the European Union Euro European Union Foreign exchange market Futures contract Labor Late-2000s financial crisis Late-2000s recession in Europe Law Person Career Person Location Quotation Stock market Thomson Reuters Tue, 08 Jan 2013 14:03:50 +0000 Thomson Reuters 5731559 at http://www.globalpost.com ANALYSIS-Doom scenario far-fetched but euro gloom to deepen http://www.globalpost.com/dispatch/news/thomson-reuters/130108/analysis-doom-scenario-far-fetched-euro-gloom-deepen <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* Social cohesion to be tested as debt strains take toll</p> <p>* Greece under microscope; some worry over Spain</p> <p>* Welfare state cushions pain but long-term cost is high</p> <p>By Alan Wheatley</p> <p>LONDON, Jan 7 (Reuters) - It would be fair to say that U.S.<br /> hedge-fund manager Kyle Bass does not expect the explosion in<br /> global debt in recent years to turn out well.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/analysis-doom-scenario-far-fetched-euro-gloom-deepen" target="_blank">read more</a></p> Business Company Location Contact Details Economic history Economics Economy of the European Union Euro Humanities Late-2000s financial crisis Law Man Made Disaster Person Career Person Location Quotation Technology Unemployment Thomson Reuters Tue, 08 Jan 2013 14:05:59 +0000 Thomson Reuters 5731572 at http://www.globalpost.com White House declines comment on possible AIG suit http://www.globalpost.com/dispatch/news/thomson-reuters/130108/white-house-declines-comment-possible-aig-suit <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>WASHINGTON, Jan 8 (Reuters) - The White House declined to comment on Tuesday on a possible lawsuit by insurer American International Group against the U.S. government that alleges the terms of the firm's 2008 bailout were unfair, but defended the rescue.</p> <p>"I won't comment on a lawsuit that's pending," White House spokesman Jay Carney told reporters at a briefing.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/white-house-declines-comment-possible-aig-suit" target="_blank">read more</a></p> American International Group Business Disaster Economics Entertainment Environment Health Late-2000s financial crisis Politics Thomson Reuters Tue, 08 Jan 2013 18:45:31 +0000 Thomson Reuters 5731761 at http://www.globalpost.com RPT-Telecoms rally helps European shares hit fresh highs http://www.globalpost.com/dispatch/news/thomson-reuters/130109/rpt-telecoms-rally-helps-european-shares-hit-fresh-highs <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* FTSEurofirst 300 up 0.7 percent</p> <p>* Telecoms rally on regional network talk</p> <p>* Bank gains with LLoyds up on UBS upgrade</p> <p>* UK retailers fall as Sainsbury reports slower growth</p> <p>By David Brett</p> <p>LONDON, Jan 9 (Reuters) - Rallying telecom stocks and a bullish start to the new earnings season propelled Europe's top shares to fresh closing highs on Wednesday.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130109/rpt-telecoms-rally-helps-european-shares-hit-fresh-highs" target="_blank">read more</a></p> Economics Investment Late-2000s financial crisis Politics Thomson Reuters Wed, 09 Jan 2013 18:00:30 +0000 Thomson Reuters 5732250 at http://www.globalpost.com FACTBOX-Euro zone debt crisis: upcoming events http://www.globalpost.com/dispatch/news/thomson-reuters/130110/factbox-euro-zone-debt-crisis-upcoming-events <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>Feb 7 (Reuters) - Following are forthcoming events related to the debt crisis in the euro zone: GERMANY: POLITICS: Feb. 11-12 - Finance Minister Wolfgang Schaeuble attends two-day meeting of EU finance ministers in Brussels. DEBT SUPPLY: Feb. 11 - Germany issues 4 billion euros of new 6-month Bubill Feb. 12 - Germany sets coupon on 2-year Schatz Feb. 12 - Germany auctions 1 billion euros of 0.75 pct linker Feb. 13 - Germany issues 5 billion euros of new 2-yr Schatz EUROPEAN UNION: Feb.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/factbox-euro-zone-debt-crisis-upcoming-events" target="_blank">read more</a></p> Business Disaster Economic history Economics Economy of the European Union European Union Late-2000s financial crisis Social Issues Thomson Reuters Thu, 10 Jan 2013 16:45:21 +0000 Thomson Reuters 5732710 at http://www.globalpost.com INTERVIEW-Cyprus's presidential frontrunner backs bailout terms http://www.globalpost.com/dispatch/news/thomson-reuters/130110/interview-cypruss-presidential-frontrunner-backs-bailout-terms <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Michele Kambas</p> <p>NICOSIA, Jan 10 (Reuters) - The frontrunner in Cypriot presidential elections promised on Thursday to back terms of a bailout deal with international lenders, but said privatisations would not be a priority for his administration.</p> <p>Cyprus is seeking financial aid which could potentially reach 17 billion euros, equivalent to the annual output of its economy, after its banks booked massive exposure to Greece, and fiscal slippage shut it out of international capital markets.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/interview-cypruss-presidential-frontrunner-backs-bailout-terms" target="_blank">read more</a></p> Asia Late-2000s financial crisis Political geography Technology Thomson Reuters Thu, 10 Jan 2013 16:45:43 +0000 Thomson Reuters 5732713 at http://www.globalpost.com UPDATE-1 U.S. State Dept backs rule on foreign payments by firms http://www.globalpost.com/dispatch/news/thomson-reuters/130110/update-1-us-state-dept-backs-rule-foreign-payments-firms <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Sarah N. Lynch and Timothy Gardner</p> <p>WASHINGTON, Jan 10 (Reuters) - The State Department on Thursday waded into the debate over a controversial rule to force energy companies to disclose payments made to foreign governments, saying it "directly advances our foreign policy interests" in curbing corruption.</p> <p>The so-called "resource extraction" rule, which was adopted by the U.S. Securities and Exchange Commission in August 2012, stems from a requirement in the 2010 Dodd-Frank Wall Street reform law.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/update-1-us-state-dept-backs-rule-foreign-payments-firms" target="_blank">read more</a></p> Business Corporate crime Hospitality Late-2000s financial crisis Law Politics U.S. Securities and Exchange Commission Thomson Reuters Thu, 10 Jan 2013 21:45:31 +0000 Thomson Reuters 5732878 at http://www.globalpost.com Germany's Schaeuble to meet Greek anti-bailout firebrand http://www.globalpost.com/dispatch/news/thomson-reuters/130111/germanys-schaeuble-meet-greek-anti-bailout-firebrand <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>BERLIN, Jan 11 (Reuters) - German Finance Minister Wolfgang Schaeuble will meet Greek anti-bailout politician Alexis Tsipras in Berlin on Monday and will try to persuade him to back Athens' austerity measures, a finance ministry spokeswoman said on Friday.</p> <p>Tsipras, whose leftist SYRIZA party leads opinion polls in Greece, has led opposition to the spending cuts and tax hikes that Germany has demanded in return for billions of euros in aid to stave off the country's bankruptcy.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130111/germanys-schaeuble-meet-greek-anti-bailout-firebrand" target="_blank">read more</a></p> Business Europe Government Late-2000s financial crisis Thomson Reuters Fri, 11 Jan 2013 13:45:15 +0000 Thomson Reuters 5733140 at http://www.globalpost.com Greece passes tax increases to appease foreign lenders http://www.globalpost.com/dispatch/news/thomson-reuters/130111/greece-passes-tax-increases-appease-foreign-lenders <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Parliament passes tax reforms demanded under bailout deal</p> <p>* Government calls it "fiscal necessity and responsibility"</p> <p>* Opposition says it is "a plan of destitution"</p> <p>By George Georgiopoulos</p> <p>ATHENS, Jan 12 (Reuters) - The Greek parliament has approved a series of unpopular tax hikes to increase government income, one of the main conditions to qualify for continued aid from its foreign lenders.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130111/greece-passes-tax-increases-appease-foreign-lenders" target="_blank">read more</a></p> Capital gains tax Economics Late-2000s financial crisis Social Issues Thomson Reuters Sat, 12 Jan 2013 00:00:04 +0000 Thomson Reuters 5733469 at http://www.globalpost.com UPDATE 2-Greek leftist tells German minister reforms have failed http://www.globalpost.com/dispatch/news/thomson-reuters/130114/update-2-greek-leftist-tells-german-minister-reforms-have-faile <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Tsipras requested meeting with Schaeuble on Berlin visit</p> <p>* Greek leftist dismisses EU/IMF reforms as failure</p> <p>* Schaeuble says no alternative if Greece is to keep euro</p> <p>By Annika Breidthardt and Matthias Sobolewski</p> <p>BERLIN, Jan 14 (Reuters) - Greek leftist leader Alexis Tsipras told German Finance Minister Wolfgang Schaeuble on Monday that Berlin-backed reforms being pursued by the Greek government had failed totally, driving up unemployment and poverty.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130114/update-2-greek-leftist-tells-german-minister-reforms-have-faile" target="_blank">read more</a></p> Business Economics International relations Late-2000s financial crisis Thomson Reuters Mon, 14 Jan 2013 13:45:16 +0000 Thomson Reuters 5734136 at http://www.globalpost.com