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Thursday, May 31, 2012

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Bailout

Pro-bailout parties lead in opinion polls ahead of Greek vote

Greece is headed for fresh elections on June 17 as no party won an outright majority in Greece`s May...

Violence offers glimpse of Greece`s reform challenge

Greeks swept rocks and broken glass from the streets of Athens on Monday after a night of violence.

Greeks hurl petrol bombs as lawmakers weigh austerity

Greek lawmakers looked set to endorse a new austerity deal on Sunday to secure an EU/IMF bailout.

Sharad Yadav opposes govt move to bailout Kingfish

The JD (U) chief described as "big insult to Indian masses" any effort to bail out the company.

Bailout needed for aam admi, not for airlines: BJP

BJP came out strongly against any government attempt to bail out debt-ridden Kingfisher Airlines.

Greek leaders yet to agree on new Premier

Monday came and went without any accord on who will lead a new national unity coalition, despite ple...

Hopes rise for breakthrough in Greek political drama

Greek opposition has called for snap polls, whereas Papandreou has said this would be a "catastrophe...

Afghan lawmakers OK funds for Kabul Bank bailout

Kabul Bank nearly collapsed in 2010 because of mismanagement and hundreds of millions of dollars in ...

Portuguese vote in shadow of bailout

The Portuguese are expected to reject caretaker Prime Minister Jose Socrates in the snap ballot and ...

Portugal edges toward bailout after govt quits

Economist Juergen Michels said a bailout for Portugal is firmly on the cards.

Ireland`s new leader vows to hit ground running

Fine Gael party sweeps to power in elections dominated by economic woes.

Ireland`s Fine Gael gets 36.1% of vote: Exit poll

State media reported predictions of a turnout of around 70 percent in polls.

World needs `bailout plan` for species loss: IUCN

Facing what scientists say is the 6th mass extinction, earth is in need of bailout.

IMF proposes two new bank taxes to fund bailouts

Banks around the world could face two new taxes to cover the cost of any future bailouts under propo...

Not in bailout talks with EU states, says Greece

Greece is not involved in bailout talks with European Union states, Greek Finance Minister George Pa...

Geithner, NY Fed defend actions on AIG payments

Timothy Geithner denied any role in disclosures about American International Group`s payments to ban...

Air India may require over $1 bn to stay afloat: CAPA

National carrier Air India, which is awaiting a Rs 800-crore equity infusion from the government, ma...

After grim year, Detroit attempts a happy face

US auto executives and elected officials at the Detroit auto show on Monday sought to draw a curtain...

JAL to get 3.3 bln dollars in public funds: Reports

Japan Airlines is likely to get about 3.3 billion dollars of new public money from a state-backed bo...

US takes controlling stake in GMAC in third bailout

The US government threw troubled GMAC a third lifeline, of 3.8 billion dollars, and took a controlli...

Feinberg OKs compensation at some bailout firms

US pay czar Kenneth Feinberg has approved compensation plans for several executives and top-paid emp...

Wall Street fat cats see frugal compensation diet in 2009

The bailed out fat cats on the Wall Street woke up to stringent compensation norms this year sans he...

Citi to raise $20 bn to pay back US government

Citigroup intends to raise $20.5 billion in the stock market as part of its plan to repay bailout mo...

Brussels approves Royal Bank of Scotland revamp

The European Commission on Monday approved the restructuring of the state-owned Royal Bank of Scotla...

Asian markets rebound after Dubai`s $10bn bailout

Asian stocks rebounded from early losses Monday after Dubai announced it was receiving $10 billion i...

Citigroup to repay $20 bn in bailout money

Citigroup said on Monday it is repaying $20 bn in bailout money it received from the Treasury Deptt.

Abu Dhabi gives Dubai USD 10 bn bailout

The move was the least expected of all options the cash-strapped Dubai had on the table.

ING to repay $7.35 bn bailout money

ING will repay 5 billion euros (USD 7.35 billion) in state support on December 21, confirming its an...

US extends bailout authority to October 2010

US Treasury Secretary Timothy Geithner on Wednesday extended the authority of a 700-billion-dollar f...

US to extend $700 bn bailout programme till Oct `10: Geithner

US Treasury Secretary Timothy Geithner has said the government will extend the USD 700 billion bai...

Bailout program extended to October: Geithner

Treasury Secretary Timothy Geithner announced Wednesday that the administration will extend the gove...

US bank bailout estimate cut by $200 bn

The projected long-term cost of the U.S. government`s bailout of the nation`s big banks is going to ...

Citi trying to convince US on repaying USD 20 bn bailout funds

To free itself from government control, financial services major Citigroup is trying to convince U...

US bank bailout estimate cut by $200 billion

The projected long-term cost of the US government`s bailout of the nation`s big banks is going to be...

Japan to give JAL $7.7 bn loan support

The Japanese government is expected to guarantee about 700 billion yen (7.73 billion dollars) in loa...

Bailout of UK banks with taxpayers money `justified`

The government bailout of British banks in the wake of the financial crisis is "justified" and the...

Bailouts for British banks hit 850 billion pounds

Britain`s support for its banks has hit 850 billion pounds in the wake of the global financial crisi...

Bank of America to repay $45 bn govt bailout funds

Bank of America Corp said it would repay USD 45 bn of taxpayer bailout funds, a move that could free...

Geithner says $700 bn bailout program will end soon

Treasury Secretary Timothy Geithner affirmed on Wednesday the administration`s intent to soon end th...

AI says first tranche of Rs 400 cr infusion likely by January

Cash-strapped national carrier Air India on Tuesday said it is likely to receive Rs 400 crore in the...

Bair calls US bank bailout "not a good thing"

Leading US bank regulator Sheila Bair said on Friday that the government`s capital injections into t...

Treasury to order bailed-out firms to slash pay

The Treasury Department is expected in the next few days to order companies that received huge gover...

Treasury to order bailed-out firms to slash pay

The Treasury Department is expected in the next few days to order companies that received huge gover...

Bailout in US helped but at a great cost

A government watchdog said the USD 700 billion bailout for the financial industry played a major rol...

Ailing Japan Airlines requests government bailout

Japan Airlines, Asia`s largest carrier, said Thursday it was seeking an injection of emergency funds...

Indians favour govt-aid for failing banks, industries: Survey

In the backdrop of many developed nations throwing lifelines to financial institutions in fighting t...

G-20 nations pledge to continue with stimulus measures

Concerned over recessionary pressures, Finance Ministers of G-20 countries, including India, on Satu...

BofA offers to repay part of govt bailout package: Report

Bank of America has proposed to repay part of the US government bailout money.

Govt to bail out AI, bailout may go upto Rs 50 bn: Report

The government has agreed to inject funds into the ailing national carrier Air India, newspapers rep...

Russia to double bailout to diamond industry

Russia Prime Minister Vladimir Putin said on Friday the government would double bailout to the diamo...

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Shahrukh and Mamata - IPL circus
It seemed as if India had won the World Cup.

KKR celebrations mock Bengali pride
The WB govt’s KKR celebration was ‘overboard’.

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