(Bloomberg) — The Federal Reserve Bank of New York may be forced to deliver documents related to American International Group Inc.'s government bailout after the chairman of a House oversight committee said he would issue a subpoena.
Edolphus Towns, ...
WASHINGTON (Bloomberg) - US Treasury Secretary Timothy Geithner said regulation of the US financial system needs a broad overhaul to heal a crippling lack of confidence caused by the credit crisis.
"To address this will require comprehensive reform,"...
This is the full text of the Budget Statement delivered by Finance Minister Paula Cox in the House of Assembly yesterday.
To His Honour the Speaker and Members of the Honourable House of Assembly
Mr. Speaker
This is my sixth National Budget and it is...
Mr. Speaker
This is my sixth National Budget and it is set amidst an array of very challenging economic and financial circumstances. The global economy is in recession and there is sustained turmoil in world capital and financial markets.
The lack of...
LONDON (Bloomberg) — The three-legged emblem on the red Isle of Man flag in Allan Bell's office has a motto that the British tax haven's treasury minister hopes stays true.
"Whichever way you throw me, I stand," Bell said.
That resilience is now bein...
Mr. Speaker, Honourable members of the House of Assembly,
It is a privilege to deliver my second Reply to the Speech from the Throne on behalf of the United Bermuda Party.
Bermuda is facing challenging times and we as Her Majesty's Loyal Opposition w...
This is the full text of the Budget Statement delivered by Finance Minister Paula Cox in the House of Assembly yesterday:
To His Honour the Speaker and Members of the Honourable House of Assembly
Nelson Mandela: "Sometimes it falls upon a nation to ...
LONDON (Bloomberg) - Griffin Mining Ltd., a Bermuda-based company mining zinc in China, slumped the most in more than six years after saying profit will miss analysts' estimates as it suspends sales of the metal this year.
The shares declined 17 perc...
BRUSSELS ¿ The European Union's planned new reform treaty is in real danger of being toppled next year by Ireland, undermining moves to pluck the 27-country bloc out of a two-year institutional crisis.
At present, Ireland is the only country set to h...
This is the full text of the Budget Statement delivered by Finance Minister Paula Cox in the House of Assembly yesterday.To His Honour the Speaker and Members of the Honourable House of Assembly INTRODUCTIONMr. Speaker, Our Place in the World Bermuda...
