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This is Money
Latvia has been urged to tighten its public finances as fears escalate that the recession-hit Eastern European country is facing a huge currency devaluation.
Latvian crisis deepens as Europe debates aid
A financial maelstrom in the Baltic states is rocking Swedens big banks, which suffered a second day of share price falls after the Latvian Governments failure to raise any money in a bond auction.
Swedish banks fear writedowns
The European Central Bank spurned pressure for more radical action to jumpstart the eurozone economy yesterday, sticking to a gradual, step-by-step strategy despite savagely cutting its forecasts for the 16-nation bloc.
ECB slashes forecasts for eurozone
Goldman Sachs raised its oil price forecast for the end of 2009 to $85 a barrel from $65, anticipating dwindling supply and rising demand this year and next.
Oil price tipped to soar on Chinese demand
The Baltic Dry Index is an obscure index of ocean-shipping prices, but financial traders watch like it like a hawk -- and boy is it climbing.
The Most Important Economic Indicator You've Never Heard Of
Regulators continued their battle today over the monitoring of the complex financial instruments blamed for worsening the global credit crisis.
US regulator details plan for derivatives