-
The weekend's unprecedented upheaval--culminating Sunday night in the collapse of Lehman Brothers and the sale of Merrill Lynch to Bank of America--bared the Achilles heel of the industry: Brokers finance their daily operations using funding that is apt to disappear quickly and with little warning.
FORBES: Magazine Article
-
An even bigger concern is how the debt-ridden railways ministry will secure more funding with bonds from the finance ministry, China Daily notes.
BBC: China media: Railways ministry
-
The German Finance Minister, Wolfgang Schaeuble, told the Athens daily Ta Nea that he believed the austerity measures were not just working but making up for decades of policy lapses.
BBC: Cyprus bank crisis: the legacy
-
Writing in the Daily Telegraph, he said solving the eurozone finance crisis should be the priority.
BBC: EU referendum: Tensions ahead of MPs' vote on Monday
-
Who in their right mind would enter the daily deal space now, or worse, finance such an endeavor?
FORBES: A Daily Deal Resuscitation Guide
-
Partly because of perceptions that the International Monetary Fund has become too powerful, governments are now considering a wider role for the BIS. Pakistan Finance Minister Sartaj Aziz says that the BIS could provide daily reports on the trading levels of each currency to give monetary authorities a better grasp of currency market movements.
CNN: In Search of a Tougher Cop
-
In a survey of pawnshop customers, Elaine Kempson, from Bristol University's Personal Finance Research Centre, found that over half had pawned possessions to buy daily necessities, including food.
ECONOMIST: Why pawnshops' business is booming
-
But Forbes.com also has an abundance of unique and timely content, including 12 news departments that daily are chock-full of hard-hitting, original stories on business and finance.
FORBES: WOULDN'T YOU KNOW IT?
-
There is also a lot of upbeat coverage in The Beijing News, China Daily and other media on a mooted Brics reserve fund, as well as a development bank that will finance infrastructure projects among the five members as well as developing countries.
BBC: China media: Brics as 'global force'