The biggest emerging markets are uniting to tackle under-development and currency volatility with plans to set up institutions that encroach on the roles of the World Bank and Inte[...]
Cypriots and foreigners wait in line to withdraw money from an ATM of a Laiki (Popular) Bank branch in the old city of the capital, Nicosia. Depositors in the Bank of Cyprus, the b[...]
Police have searched the Paris home of the head of the International Monetary Fund as part of a fraud investigation centred on a supporter of former president Nicolas Sarkozy. Chri[...]
In 2008, anticapitalist campaigner Enric Durán borrowed €492,000 ($642,306) from 39 different financial entities with absolutely no hope or intention of paying it back. But—as you [...]
Cyprus is to receive a €10 billion (£8.7 billion) bail-out from the eurozone to recapitalise its ailing banking system in return for a series of drastic measures which will hit the[...]
While headline stories about averting the dangers of an international “currency war” dominated news coverage of the recently concluded G20 meeting in Moscow, the real unreported st[...]
Australia and Japan witnessed marginal declines in gold reserves during November. Japan’s gold reserves dropped to gold reserves were at $42.46 billion in November while Aust[...]
United Nations report calls for Internet surveillance, saying lack of “internationally agreed framework for retention of data” is a problem, as are open Wi-Fi networks [...]
For the millions of Europeans now protesting against brutal austerity measures, awarding the Nobel Peace Prize to the European Union must seem no less unthinkable had the Committee[...]
Somewhere deep in the bowels of the world’s Western central banks lie vaults holding gargantuan piles of physical gold bars… or at least that’s what they all claim. The gold bars a[...]