Economic Crisis
Daily News and Updates

Tuesday - May 28, 2013:

  1. Stock markets lose nerve on fears of end to quantitative easing

Monday - May 20, 2013:

  1. CBO: Obama Vastly Exaggerated Spending, Deficit Cuts In His Budget

Saturday - May 18, 2013:

  1. California cities looking for economic recovery
  2. Eurozone economy teetering, in recession; on the edge of depression
  3. France slides into recession, Germany returns to weak growth
  4. Jobless Claims in U.S. Jump to Highest Level in Six Weeks
  5. UK unemployment starts to rise again

Tuesday - May 14, 2013:

  1. European Development Bank Halves Russia’s 2013 GDP Growth Forecast
  2. Postal Service Posts $1.9 Billion Loss in Second Quarter

Thursday - May 9, 2013:

  1. TUC warns of 'lost decade' as IMF arrives to scrutinise UK economy
  2. China worries about EU-U.S. plans for free trade pact
  3. John Boehner On Debt Ceiling Let's Pay China First, Then U.S. Troops
  4. Social care chiefs fear system faces collapse, survey shows

Wednesday - May 8, 2013:

  1. Europe is nearing a continent-wide economic depression
  2. Eurozone recession set to deepen as private sector shrinks for 15th month
  3. German euro founder calls for 'catastrophic' currency to be broken up

Tuesday - May 7, 2013:

    Nothing to report this morning.

Monday - May 6, 2013:

  1. Scientists Predict Huge Market Collapse

Sunday - May 5, 2013:

    Nothing to report this morning.

Saturday - May 4, 2013:

  1. EU sees deeper euro zone recession in 2013, slower deficit cuts
  2. States balk at making up for cuts, guard revenues

Friday - May 3, 2013:

  1. ECB cuts interest rates, open to further action
  2. Federal Reserve blames Congress sequester cuts for US economic woes
  3. Business Hiring Slipped to 7-Month Low in April
  4. Struggling factories underline fragility of world growth
  5. City regulator warns homeowners over interest-only mortgages
  6. Analysis: What taxpayer bailouts? Euro crisis saves Germany money
  7. Benefits cap leads to eviction notices in trial area

Thursday - May 2, 2013:

  1. Fed holds steady on stimulus, worried by fiscal drag
  2. U.S. Homeownership Rate Falls to Lowest Since 1995

Wednesday - May 1, 2013:

  1. Euro zone inflation fall, record jobless point to ECB rate cut

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