German economy likely to shrink less this year than during 2009 crisis - IfW

The German economy will likely decline by 5.5% this year due to the coronavirus pandemic, the IfW economic institute said on Thursday, meaning the slump would be less dramatic than during the 2009 ...

Europe Must Resist Temptation of Easing Bank Regulation, Policymakers Say

AMSTERDAM (Reuters) -Europe needs to tighten regulation of non bank financial firms to level the playing field with ...

How California's wildfires could spark a financial crisis

Wildfires across the U.S. West are among the sparks from climate change that could ignite a U.S. financial crisis by damaging home values, state tourism and local government budgets, an advisory panel ...
Barron's

Citi Earnings Push Shares to Highest Level Since 2008 Financial Crisis

Shares of Citigroup rose 1.5% Tuesday to their highest level since the 2007-2009 financial crisis, as investors digested quarterly earnings that topped analysts’ estimates. The stock’s rise was a ...
The Chosun Ilbo on MSN

South Korea Construction Starts Hit Lowest Since 2009 Financial Crisis

This year’s domestic construction start performance has been the lowest since 2009, immediately after the global financial crisis. Analysis shows the construction industry downturn is deepening as ...