Christopher Werth

Latest Stories (242)

Spain's bailout: Good idea or moral hazard?

Jun 11, 2012
Now that Spain has received a favorable bailout deal, will other countries in Europe expect the same?

How to outsmart a password hacker

Jun 8, 2012
Following the theft of 6.5 million passwords from LinkedIn along with hacks at the dating site eHarmony and the music site Last.FM, we get advice from an industry insider on how to protect yourself -- tell a lie.

Euro crisis tests role of ECB

Jun 6, 2012
There was no cut in interest rates from the European Central Bank today, but some would like the ECB to take action soon.

Indian slum becomes hot property

Jun 5, 2012
In Mumbai, the square-mile area known as Dharavi has a million residents and myriad small businesses, but authorities plan to redevelop the slum.

Queen's Diamond Jubilee brings joy and complaints

Jun 4, 2012
Britain is marking Queen Elizabeth’s 60-year reign, but some complain the celebrations and extra public holidays cost too much in a recession.

Companies delay IPO due to Facebook, Euro crisis

Jun 1, 2012
Yesterday discount travel website Kayak announced it’s putting off going public. In the UK, luxury jeweler Graff Diamonds has made a similar move, and today Formula One announced it’s shelving its IPO.

GM signs deal to sponsor Manchester United

May 31, 2012
General Motors announced today a major Chevrolet sponsorship deal with the popular English soccer team, Manchester United.

Government debt costs soar in Spain, slump in U.S.

May 30, 2012
Spain now pays more than 6.6 percent on its 10-year bonds. The U.S. pays just over 1.6 percent. Eurozone debt, however, may yet hurt both sides of the Atlantic.

Obama sends economic adviser to Europe

May 30, 2012
With borrowing costs spiking for Spain and Italy, the Obama administration has sent a top treasury official to Europe to encourage European leaders to take decisive action on their financial mess.

European Commission recommends banking union

May 30, 2012
The European Commission has recommended today that banks in the eurozone create a union to help regulate and bolster failing banks.