Financial Crisis

Poor Venezuelans launch local currency amid cash crunch

Dec 15, 2017

Residents of one neighborhood in cash-strapped Venezuela say they've found a solution to a lack of paper money by creating a quasi-currency called the panal

Venezuelans seeing bitcoin boom as survival, not speculation

Dec 13, 2017

As inflation in Venezuela reaches catastrophic heights, thousands have begun turning to the world of cryptocurrency to salvage what little value remains from their increasingly worthless bolivars

3 things to watch for from the Federal Reserve on Wednesday

Dec 13, 2017

3 things to watch for from the Fed in its statement, updated forecasts and Yellen news conference

Venezuela orders probe into ex-oil czar, UN ambassador

Dec 12, 2017

The chief prosecutor in Venezuela says his office has launched a probe into the country's former oil czar and ambassador to the United Nations

Years after Lehman: Final rules set on strengthening banks

Dec 7, 2017

A global forum of banking regulators has completed a set of rules aimed at keeping bad banks from needing taxpayer bailouts and hurting the economy

Doubts grow over UK government's preparation for Brexit

Dec 6, 2017

The U.K. official shepherding Britain's departure from the European Union says the government has made no formal assessments of the economic impact of leaving the 28-nation bloc

Senate panel votes to roll back some Dodd-Frank requirements

Dec 5, 2017

A Senate panel has approved legislation that would provide banks and credit unions with relief from some of the stricter regulatory requirements put in place after the 2008 financial crisis

Venezuela's UN ambassador resigns on orders from Maduro

Dec 5, 2017

Venezuela's ambassador to the United Nations is resigning after a rare and bitter feud with President Nicolas Maduro's inner circle

Venezuela talks focus on elections, financial crisis

Dec 1, 2017

Venezuela's socialist government and opposition sought Friday to jumpstart negotiations on resolving the country's economic and political crisis, pressured by international sanctions and looming presidential election

Royal Bank of Scotland to cut jobs, close branches

Dec 1, 2017

The Royal Bank of Scotland says it will eliminate hundreds of jobs and close 259 branches

Weather, 20 December
Houston Weather
+7

High: +11° Low: -2°

Humidity: 83%

Wind: NNE - 7 KPH

Canberra Weather
+27

High: +27° Low: +17°

Humidity: 87%

Wind: W - 20 KPH

Roissy-en-France Weather
+6

High: +6° Low: -5°

Humidity: 87%

Wind: ENE - 7 KPH

Florence Weather
+9

High: +9° Low: +6°

Humidity: 97%

Wind: ENE - 17 KPH

Parga Weather
+7

High: +16° Low: +4°

Humidity: 100%

Wind: SE - 25 KPH