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Somali peace deal needed to prevent famine repeat: AfDB bossTuesday, July 19, 2011 @ 10:09PMIt is a relentless civil war that has forced Somalia to the brink of famine and not just poor rainfall. -AFP

Moynihan Insists: No New BofA CapitalTuesday, July 19, 2011 @ 6:41PMAfter reporting an $8.83 billion loss, CEO Brian Moynihan told skeptics that Bank of America's capital gap is manageable

Moral Hazard, Government Style In EstoniaTuesday, July 19, 2011 @ 4:15PMThe investors purchased their shares in a competitive bid. But they were subsequently met with repea

Goldman Sachs Plans Job Cuts as Debt Trading Misses EstimateTuesday, July 19, 2011 @ 4:11PMGoldman Sachs Group Inc., the U.S. bank that makes most of its money from trading, said it will cut about 1,000 jobs after a plunge in fixed-income revenue that was bigger than analysts estimated.

FOREX: Euro Likely to Look Past ZEW Data, Focus on Spain Debt SaleTuesday, July 19, 2011 @ 8:28AMFOREX: Euro Likely to Look Past ZEW Data, Focus on Spain Debt Sale

Instant view: Housing starts hit 6-month highTuesday, July 19, 2011 @ 7:58AMNEW YORK (Reuters) - Housing starts rose more than expected in June to touch a six-month high and permits for future construction unexpectedly increased, a government report showed on Tuesday, likely reflecting growing demand for rental apartments.

S. Korea Bans Banks Buying Kimchi Debt From Local CompaniesMonday, July 18, 2011 @ 8:49PMSouth Korea said it will prohibit financial companies from buying foreign-currency bonds sold by local issuers for domestic use as the government seeks to curb external debt and gains in the won.

Consumer is Alive and KickingMonday, July 18, 2011 @ 12:51PMDespite personal debt and credit issues, discretionary spending charges retail earnings and stocks.

Nigeria: I Won't Shield Any Corrupt Official, Says JonathanSaturday, July 16, 2011 @ 12:59AMFor the second time in two days, President Goodluck Jonathan has hinted that he would have a zero tolerance for corruption.