EU bank watchdog warns over Bitcoin

The European Union's banking watchdog on Friday issued a warning over virtual currency trading amid huge swings in the value of Bitcoin, a lack of regulation and money laundering risks.

Not all banking crises involve panics: study

A banking crisis is often seen as a self-fulfilling prophecy: The expectation of bank failure makes it happen. Picture people lining up to withdraw their money during the Great Depression or customers making a run on Britain's ...

Rethinking investment risk

Financial innovation is supposed to reduce riskā€”in theory, at least. Yes, new financial instruments based on the housing market helped cause the financial crisis of 2008. But in the abstract, those same instruments have ...

Bitcoin trading platform defrauds China investors

An online Bitcoin trading platform aimed at Chinese investors has suddenly closed, leaving hundreds with more than 20 million yuan ($3.3 million) in combined losses, a newspaper said on Thursday.

Haiti 'still in crisis' 10 years after earthquake

When a 7.0 earthquake reduced Haiti to rubble, sparking one of the biggest international aid efforts in history, some experts predicted it would take the country a decade to get back to its feet.

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