Owen Davis

391-420 (out of 574)

Reporting on Wall Street and finance for International Business Times.

Is Greek Bailout Deal Viable? IMF President Christine Lagarde Gives Unequivocal 'No'

Asked if the proposed bailout deal was viable, Christine Lagarde, head of the International Monetary Fund, told an interviewer, "The response is quite categorical: No."

European Central Bank President Mario Draghi Offers Bolstered Lifeline To Greece, Defends ECB Policy

Mario Draghi said the European Central Bank "continues to act on the assumption that Greece is and will remain a member of the euro area."

Greek Debt Crisis: Does Anyone Find Greece's Bailout Deal Credible?

“What we learned in the last week is that not all the creditors are falling in line.”

Greek Debt Crisis: Asset Sale Plan Central To Bailout Strains Credulity

Greece's creditors have tasked the government with scrounging up $55 billion in assets to serve as collateral -- a total some see as fantastical.

Greek Debt Crisis: Secret IMF Paper Casts Doubt On Bailout Demands

A secret International Monetary Fund paper calls for "debt relief on a scale that would need to go well beyond what has been under consideration to date."

Greek Debt Crisis: What Does The Bailout Agreement Mean For Pensioners?

The Greece deal calls for "comprehensive pension reform" and is likely to ignite a political firestorm.

Greek Debt Crisis: Following Bailout Agreement, Greece Faces Steep Political Hurdles At Home

As Alexis Tsipras returns to Athens with a bailout deal in hand, he faces another bruising battle with his own party and the Greek people.

Greek Debt Crisis: Eurogroup Finance Ministers Demand Greece Implement Austerity Measures Before Bailout Talks Can Begin

Eurozone finance ministers are expected to deliver a stark message to Greece this weekend: It's time to put up or shut up.

Greek Debt Crisis: Greece's Proposed Bailout Deal Punts On Larger Economic, Monetary Challenges

“It’s delaying the inevitable -- things have deteriorated too far.”

For Nervous Investors, China Stock Market Rout Eclipses Greek Debt Crisis

“China’s economy would create collateral damage that is much greater than a Grexit would be to the euro.”

Greek Debt Crisis: What Will A Third Eurozone Bailout And More Austerity Do To The Greek Economy?

As Greece returns to the negotiating table with eurozone finance chiefs, the prospect of more austerity brings back painful memories.

Traders work on the floor of the New York Stock Exchange, October 3, 2013.

New York Stock Exchange Suspends All Trading

All trading on the New York Stock Exchange was shut down without immediate explanation Wednesday morning.

Greek Debt Crisis: Greece Submits Last-Ditch Bailout Request As Grexit Looms

The one-page letter outlining the request, leaked to the media Wednesday, gives a broad overview of the bailout’s proposed terms and the economic reforms Greece promises to make.

Greek Debt Crisis: Greece’s Pension System Was Once A Bloated Mess, Now It’s A Crucial Lifeline For Struggling Families

As the Greek debt crisis wears on, a critical pressure point has emerged: pensions. And while Greeks work longer hours than their northern neighbors, they also retire years earlier.

Greek Debt Crisis: What Currency Will Greeks Use If Greece Leaves The Eurozone?

As eurozone negotiations continue to founder, Greeks are weighing other money options, from a revived drachma to local barter systems.

European Central Bank Raises 'Haircut' On Greek Collateral, Ratcheting Up Pressure On Greek Banks

By raising the "haircut" on the collateral Greek banks must hold, the European Central Bank effectively limited their solvency.

Greek Crisis: After Referendum, Government Shakeup, Greece Prepares For Uncertain Future

Armed with a decisive referendum result rejecting austerity, Greece now enters a crucial negotiating week with one familiar face missing.

Greek Debt Crisis: How Will Global Financial Markets React To The Referendum?

Greek voters will hit the polls Sunday to evaluate the eurozone's latest debt offer. The market is paying close attention.

Rhode Island Gov. Gina Raimondo's Campaign Contributions From Financial Services Industry Come Under Scrutiny

A new report posits that Gov. Gina Raimondo of Rhode Island received an outsized sum of campaign donations from the financial industry.

Greek Debt Crisis: How Did Greece Get Here And Where Is It Going?

From Syriza to the Grexit to the troika, all your questions about the turmoil consuming Europe are answered.

Trans-Pacific Partnership: Leaked Trade Deal Draft Shows Big Pharma's Sway

A chapter of the Trans-Pacific Partnership supplied to Politico reportedly includes provisions that could keep drug costs high at home and abroad.

Hillary Clinton Emails: 2009 Cache Shows Top White House Staff Emailing Private Address

A batch of Hillary Clinton's emails shows White House staffers knew of her non-government email address.

Greek Default: IMF Confirms Greece Missed Debt Payment

Greece missed its scheduled debt repayment Tuesday, making it the first advanced economy to default in the IMF's seven-decade history.

NSA Wins Approval For 6 More Months Of Bulk Telephone Data Collection

A federal court ruled the spy agency could continue vacuuming up Americans' call records for another 180 days, pending a switch to private data collection.