Morgan Stanley To Pay $2.6 Billion Mortgage Settlement
(Adds details) Feb 25 (Reuters) – Morgan Stanley said it will pay $2.6 billion to the U.S. government to resolve potential claims stemming from the sale of mortgage bonds before…
Tag: crisis
German Chancellor Angela Merkel Meets With Pope Francis, Finds His Vision For Europe ‘Very Encouraging’
(Reuters) – German Chancellor Angela Merkel met Pope Francis on Saturday and, apparently responding to his criticism of a heartless “dictatorship of the economy”, called for stronger regulation of financial…
German Chancellor Angela Merkel Meets With Pope Francis, Finds His Vision For Europe ‘Very Encouraging’
(Reuters) – German Chancellor Angela Merkel met Pope Francis on Saturday and, apparently responding to his criticism of a heartless “dictatorship of the economy”, called for stronger regulation of financial…
Hungary Keeps Visit by Putin Low-Key as It Seeks to Repair Relations With West
WARSAW — When Vladimir V. Putin played host at the Kremlin early last year to Hungary’s prime minister, Viktor Orban, the notion of a reciprocal visit that would bring the…
5 things to know for your New Day
UKRAINE CRISIS Marathon peace talks aimed at ending the bloody crisis in eastern Ukraine concluded yesterday in a breakthrough: A ceasefire that’s due to start Sunday and an agreement for…
Pakistan Braces for Major Water Shortages
ISLAMABAD, Pakistan — Energy-starved Pakistanis, their economy battered by chronic fuel and electricity shortages, may soon have to contend with a new resource crisis: major water shortages, the Pakistani government…
It’s A Big Week For Pope Francis At The Vatican
VATICAN CITY (RNS) Pope Francis on Monday (Feb. 9) began what could be a key week for his reformist papacy, starting with meetings with his hand-picked kitchen cabinet of nine…
In Yemen, Hard Times as Rebels Take Charge. But What Else Is New?
SANA, Yemen — Twelve-year-old Nefisa Nasser lined up four jerrycans by a faucet on the side of a busy street, patiently waiting her turn to fill them with water. She…
The Shame Of America’s Family Detention Camps
The president’s new policies apply only to immigrants who have been in the United States for more than five years; they do nothing to address the emerging crisis on the…
S.&.P. Announces $1.37 Billion Settlement With Prosecutors
Standard & Poor’s, a rating agency accused of inflating its assessment of mortgage investments that spurred the 2008 financial crisis, said on Tuesday that it had agreed to pay $1.37…
New York Mayor Bill De Blasio Says Back-Turning By Police Was ‘Really Inappropriate’
Weeks removed from an open revolt from his own police force that had officers turning their backs on him, Mayor Bill de Blasio now declares he has moved past the…
Roger Goodell’s Season From Hell
On almost any other morning, Roger Goodell would have welcomed an impromptu chat with Robert Kraft, the owner of the New England Patriots. But this was the morning of September…
Boomerang home buyers are coming back
A home in Vegas: RealtyTrac identified several markets with the most potential for boomerang buyers. They include cities that were hit hard by the foreclosure crisis, but now have home…
S&P cuts Russia’s credit rating to junk
The nation’s currency has plunged to all-time lows, raising concerns that it is headed for a full-blown financial crisis. It’s lost over 40% of its value against the U.S. dollar….
HuffPost Exclusive: Greece Pre-Election Poll
These days, most polls are centered on the intent to vote and the popularity of political leaders. We at The Huffington Post Greece understand the people’s need to know these…
As Ebola Slows, UN Builds Treatment Clinics Despite Criticism That It ‘Makes No Sense’
Liberia may be winning its war against Ebola, but ongoing construction on new patient treatment centers has left some discontented. “It just makes no sense,” Laurence Sailly told The Washington…
Boko Haram massacre: 7 questions worth asking
Elizabeth Donnelly is the Africa Assistant Head and a Research Fellow of the Africa Programme at Chatham House, with a focus on West Africa’s politics. She writes on Nigeria’s politics…