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The end of an era? – The Economist (blog)

PAUL KRUGMAN writes: Let me make a broader point: we’ve now seen three island nations around Europe become huge international banking hubs relative to their GDPs, then get into crisis because their domestic economies don’t have the resources to bail out those metastasized banking systems if something goes wrong. This strongly suggests, to me at […]

Senate Finance chief wants trade promotion bill this year – Reuters

WASHINGTON | Tue Mar 19, 2013 12:02pm EDT WASHINGTON (Reuters) – Senate Finance Committee Chairman Max Baucus said on Tuesday he hoped to pass legislation this year to boost the White House’s ability to negotiate new trade agreements, renewing a law known as trade promotion authority that expired in 2007. Baucus said he wanted to […]

Housing-finance regulator to Congress: Get to work – MarketWatch (blog)

Housing-finance regulator to Congress: Get to work – MarketWatch (blog)

Bloomberg News Ed DeMarco, acting director of the Federal Housing Finance Agency, in 2012 A besieged federal housing-finance regulator told U.S. lawmakers Tuesday that more direction is needed from Congress about the future of government-backed mortgage buyers Fannie Mae and Freddie Mac. “Provide some parameters,” Edward DeMarco, acting director of the Federal Housing Finance […]

Housing Will Limp Along at Best: Gary Shilling – Yahoo! Finance (blog)

Aside from the €10 billion Cyprus bailout, U.S. housing data will be another key factor for the markets this week. Housing starts rose 0.8% in February to an annual rate of 917,000 homes, the U.S. Commerce Department reported Tuesday. That’s a 27.7% increase from the year before. On Monday, the National Association of Homebuilders said […]

Cyprus Finance Ministry Official Sees Risk of Levy Vote Delay, Longer Bank … – Wall Street Journal

Email Newsletters and Alerts The latest news and analysis delivered to your in-box. Check the boxes below to sign up. New! To sign up for Keyword or Symbol Alerts click here. To view or change all of your email settings, visit the Email Setup Center. Cyprus Finance Ministry Official Sees Risk of Levy Vote Delay, […]

JobsOhio turns over private finance records to auditor – Toledo Blade

Home → News→ StateLoading… COLUMBUS — Ohio’s nonprofit job creation agency turned over information on its private finances today in response to an order by the state auditor, but it continued to insist the records are not public. JobsOhio spokeswoman Laura […]

Cypriot finance officials revise bailout terms, propose no levy on savings … – Washington Post

A new draft bill discussed in Parliament’s finance committee proposed to spare all deposits below €20,000 ($25,900) from a levy. Those between €20,000 and €100,000 ($129,290) would still have a 6.75 percent charge imposed, and those above €100,000 would be hit for 9.9 percent, in line with the original plan put forward at the weekend. […]

Finance jobs prop up Oregon economic gauge in January – OregonLive.com

A financial jobs upswing – or a possible data collection quirk – boosted a gauge of Oregon’s economic health in January. The Oregon Measure of Economic Activity improved to an above-average reading thanks in part to an estimated 2,300 new finance sector jobs, adjusted for seasonal factors. But the hiring uptick stands to be revised […]

The ‘Ernie Newton’ campaign finance ban moves forward – Ct Post

HARTFORD — Legislation aimed at stopping convicted felons, like Bridgeport’s Ernest E. Newton II, from taking state funding for election campaigns was endorsed Monday by top election officials. Secretary of the State Denise Merrill and Michael J. Brandi, executive director and general counsel of the State Elections Enforcement Commission, agreed that convicted felons should be […]

Israel finance minister has golden reform opportunity – Reuters

By Steven Scheer JERUSALEM | Mon Mar 18, 2013 4:14pm EDT JERUSALEM (Reuters) – New Israeli Finance Minister Yair Lapid, who once told Benjamin Netanyahu he didn’t “know anything about economics,” has a golden opportunity to push through much-needed structural reforms to lower the deficit and boost the economy. Lapid, who turned to politics only […]