European Crisis

Long-term investing is dead: Gundlach

Borrowing from Shakespeare to analyze debt is a rare skill, but one that is within the grasp of Jeffery Gundlach, chief executive officer and chief investment officer, Doubleline Funds.

By Vikram Barhat |April 25, 2012

3 min read

Eurozone gets too much attention

Canada’s not alone in its resistance to commit more money to the International Monetary Fund’s efforts to combat a European debt crisis, says Federal Finance Minister Jim Flaherty. The U.S. and several other countries have also ruled out doling out to the IMF, which succeeded last week in securing an additional US$430 billion to its […]

April 23, 2012

2 min read

US regulators review swaps rules

US regulators want to give foreign banks and overseas subsidiaries of US lenders a break from strict new derivatives rules, which include higher capital requirements, the mandated posting of margins and tighter business conduct standards that’ll take a bite out of bank earnings. The Commodity Futures Trading Commission is looking to grant a temporary exemption […]

By Staff |April 23, 2012

1 min read

Italian startup challenges euro

Today’s startups are tomorrow’s IPOs—companies that will grow, become established and have an impact on the economy. And a venture capital advisory firm in Italy is urging budding Italian entrepreneurs to support the use of Sardex, a new currency based on bartering, in order to expand its use and help Europeans face their financial challenges.

April 20, 2012

2 min read