CRISIS - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/CRISIS News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) Op-ed: Euro needs more help to avoid another crisis http://www.sltrib.com/sltrib/opinion/57831813-82/euro-area-bank-banking.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/57831813-82/euro-area-bank-banking.html.csp">Op-ed: Euro needs more help to avoid another crisis</a></h4> <h5><span class="updated" title="2014-04-17T18:13:01.875-06:00">Updated Apr 17, 2014 06:13PM MDT</span></h5> <div class ="entry-content">Europe is putting the finishing touches on a new banking union, with the aim of restoring confidence in the euro area’s banks, reviving lending and ensuring the common currency’s survival. It’s a step forward that doesn’t go nearly far enough. In approving a raft of banking-union legislation this week, the European Parliament has ratified an important understanding: If the member states of the euro area want to share a currency, they’ll have to share some risks and responsibilities. Among other...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57831813@www.sltrib.com Thu, 17 Apr 2014 18:13:01 MDT Deal reached on calming Ukraine tensions — for now http://www.sltrib.com/sltrib/world/57833629-68/ukraine-russia-agreement-russian.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/57833629-68/ukraine-russia-agreement-russian.html.csp">Deal reached on calming Ukraine tensions — for now</a></h4> <span class="author vcard"><span class="fn">By LARA JAKES </span></span> <span class="author vcard"><span class="fn">and JOHN HEILPRIN</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-04-17T19:32:25.601-06:00">Updated Apr 17, 2014 07:32PM MDT</span></h5> <div class ="entry-content">Geneva • In a surprise accord, Ukraine and Russia agreed Thursday on tentative steps to halt violence and calm tensions along their shared border after more than a month of Cold War-style military posturing triggered by Moscow’s annexation of Crimea. Russia’s pledge to refrain from further provocative actions drew support but also a measure of skepticism from President Barack Obama, who said at a news conference at the White House that the United States and its allies were prepared to ratchet u...</div> <h5><a rel="item-license" href="#license-578336292014-04-17T19:32:25.601-06:00" id="#license-2014-04-17T19:32:25.601-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57833629@www.sltrib.com Thu, 17 Apr 2014 19:32:25 MDT Regulators act to require stronger bank capital http://www.sltrib.com/sltrib/money/57792232-79/banks-financial-capital-crisis.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/57792232-79/banks-financial-capital-crisis.html.csp">Regulators act to require stronger bank capital</a></h4> <span class="author vcard"><span class="fn">By MARCY GORDON</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-04-08T16:14:01.728-06:00">Updated Apr 8, 2014 04:14PM MDT</span></h5> <div class ="entry-content">Washington • Regulators are acting to require U.S. banks to build a sturdier financial base to lessen the risk that they could collapse and cause a global meltdown. The eight biggest banks will have to meet stricter measures for holding capital — money that provides a cushion against unexpected losses — under a rule that regulators adopted Tuesday. The Federal Reserve, the Federal Deposit Insurance Corp. and the Treasury’s Office of the Comptroller of the Currency voted separately to require th...</div> <h5><a rel="item-license" href="#license-577922322014-04-08T16:14:01.728-06:00" id="#license-2014-04-08T16:14:01.728-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57792232@www.sltrib.com Tue, 08 Apr 2014 16:14:01 MDT Nocera: Cobalt a bolt from GM’s bad old days http://www.sltrib.com/sltrib/opinion/57788632-82/cobalt-company-general-motors.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/57788632-82/cobalt-company-general-motors.html.csp">Nocera: Cobalt a bolt from GM’s bad old days</a></h4> <span class="author vcard"><span class="fn">By JOE NOCERA</span></span> <span class="source-org vcard"><span class="org fn"> The New York Times</span></span> <h5><span class="updated" title="2014-04-07T22:53:01.848-06:00">Updated Apr 7, 2014 10:53PM MDT</span></h5> <div class ="entry-content">The Chevrolet Cobalt is in many ways the perfect representation of the bad, old days of General Motors, when quality didn’t much matter, market share was more important than profitability, and financial decisions came before design and even safety decisions. First manufactured in 2004, the car was a clunker from the start. “Owners complained about power steering failures, locks inexplicably opening and closing, doors jamming shut in the rain - even windows falling out,” according to Danielle Ivo...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57788632@www.sltrib.com Mon, 07 Apr 2014 22:53:01 MDT Kerry, Russian counterpart meet on Ukraine crisis http://www.sltrib.com/sltrib/world/57749777-68/ukraine-russian-lavrov-kerry.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/57749777-68/ukraine-russian-lavrov-kerry.html.csp">Kerry, Russian counterpart meet on Ukraine crisis</a></h4> <span class="author vcard"><span class="fn">By MATTHEW LEE</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-03-30T16:35:51.819-06:00">Updated Mar 30, 2014 04:35PM MDT</span></h5> <div class ="entry-content">Paris • Russia on Sunday set out demands for a diplomatic resolution to the crisis in Ukraine, saying the former Soviet republic should be unified in a federation allowing wide autonomy to its various regions as U.S. Secretary of State John Kerry and Russian Foreign Minister Sergey Lavrov met in Paris in another bid to calm tensions. After a brief call on French Foreign Minister Laurent Fabius, Kerry sat down with Lavrov at the residence of the Russian ambassador to France to go over Moscow’s re...</div> <h5><a rel="item-license" href="#license-577497772014-03-30T16:35:51.819-06:00" id="#license-2014-03-30T16:35:51.819-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57749777@www.sltrib.com Sun, 30 Mar 2014 16:35:51 MDT Eurozone recovery ‘gathering speed’ http://www.sltrib.com/sltrib/money/57722921-79/eurozone-recovery-economic-growth.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/57722921-79/eurozone-recovery-economic-growth.html.csp">Eurozone recovery ‘gathering speed’</a></h4> <span class="author vcard"><span class="fn">By PAN PYLAS</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-03-24T09:04:02.319-06:00">Updated Mar 24, 2014 09:04AM MDT</span></h5> <div class ="entry-content">London • Further evidence emerged Monday that the economic recovery across the 18-country eurozone is accelerating and, perhaps more importantly, spreading to the bloc’s debt-laden laggards. Financial information company Markit, which publishes a closely watched monthly survey of economic conditions across the region, even suggested that the economic recovery is running at a near three-year high. It is now forecasting quarterly economic growth of 0.5 percent, which equates to an annualized incr...</div> <h5><a rel="item-license" href="#license-577229212014-03-24T09:04:02.319-06:00" id="#license-2014-03-24T09:04:02.319-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57722921@www.sltrib.com Mon, 24 Mar 2014 09:04:02 MDT Bloomberg: If Fed’s stress tests were real, most big banks would fail http://www.sltrib.com/sltrib/opinion/57707727-82/banks-stress-tests-fed.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/57707727-82/banks-stress-tests-fed.html.csp">Bloomberg: If Fed’s stress tests were real, most big banks would fail</a></h4> <span class="author vcard"><span class="fn">From Bloomberg View</span></span> <h5><span class="updated" title="2014-03-20T11:04:02.02-06:00">Updated Mar 20, 2014 11:04AM MDT</span></h5> <div class ="entry-content">The following editorial appears on Bloomberg View: This week, the Federal Reserve will present the results of stress tests designed to ensure that the largest U.S. banks won’t turn the next financial crisis into an economic disaster. There’s just one problem: If the tests were realistic, most of the banks would fail. Previous stress tests helped to restore confidence in the U.S. banking sector after it almost collapsed in 2008. The idea is to show what would happen to standard measures of financ...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57707727@www.sltrib.com Thu, 20 Mar 2014 11:04:02 MDT No mention of Crimea crisis at Iran nuclear talks http://www.sltrib.com/sltrib/world/57699854-68/iran-nuclear-crisis-talks.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/57699854-68/iran-nuclear-crisis-talks.html.csp">No mention of Crimea crisis at Iran nuclear talks</a></h4> <span class="author vcard"><span class="fn">By ALISSA J. RUBIN </span></span> <span class="author vcard"><span class="fn">and RICK GLADSTONE</span></span> <span class="source-org vcard"><span class="org fn"> The New York Times</span></span> <h5><span class="updated" title="2014-03-18T22:29:15.293-06:00">Updated Mar 18, 2014 10:29PM MDT</span></h5> <div class ="entry-content">Vienna • Talks on a permanent nuclear agreement with Iran resumed Tuesday in Vienna, heavily shadowed by the Ukraine crisis between the West and Russia. But European and U.S. officials said their differences with the Kremlin had no effect on the unified position they all take aimed at ensuring that the Iranians can never make atomic bombs. Iran’s delegation to the two-day talks here made no public mention of the East-West crisis over the fate of Ukraine’s Crimean Peninsula, which the Russian gov...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57699854@www.sltrib.com Tue, 18 Mar 2014 22:29:15 MDT ‘Crisis’ preview: No, Dermot Mulroney doesn’t know Dylan McDermott http://www.sltrib.com/sltrib/entertainment2/57666713-223/crisis-hostages-mulroney-mcdermott.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/entertainment2/57666713-223/crisis-hostages-mulroney-mcdermott.html.csp">‘Crisis’ preview: No, Dermot Mulroney doesn’t know Dylan McDermott</a></h4> <span class="author vcard"><span class="fn">By Scott D. Pierce</span></span> <span class="source-org vcard"><span class="org fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-03-15T12:33:08.694-06:00">Updated Mar 15, 2014 12:33PM MDT</span></h5> <div class ="entry-content">Do you know the difference between Dylan McDermott and Dermot Mulroney? Hint: McDermott is the one who has a sense of humor about that question. The two actors sort of resemble each other. They’re about the same age. They’re about the same height. They both have dark hair. They have sort of similar names. They were the subject of a “Saturday Night Live” sketch — a faux game show in which contestants were asked, “Dylan McDermott or Dermot Mulroney?” And the contestants couldn’t tell them apart. ...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57666713@www.sltrib.com Sat, 15 Mar 2014 12:33:08 MDT Keating: Is Crimea the end or the beginning? http://www.sltrib.com/sltrib/opinion/57693955-82/russia-crimea-ukraine-russian.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/57693955-82/russia-crimea-ukraine-russian.html.csp">Keating: Is Crimea the end or the beginning?</a></h4> <span class="author vcard"><span class="fn">By Joshua Keating</span></span> <span class="author vcard"><span class="fn"> Slate</span></span> <h5><span class="updated" title="2014-03-17T15:35:24.758-06:00">Updated Mar 17, 2014 03:35PM MDT</span></h5> <div class ="entry-content">By Joshua Keating Slate WASHINGTON — Now that Crimean voters have overwhelmingly backed a union with Russia — not exactly shocking, given that there wasn’t even an option on the ballot for those favoring the status quo — the annexation of the peninsula seems to be all but accomplished. The region formally applied to join Russia Monday, and President Vladimir Putin has said he will respect the result. The EU and U.S. have announced travel bans and asset freezes against a number of senior offici...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57693955@www.sltrib.com Mon, 17 Mar 2014 15:35:24 MDT Russian troops engage in war games near Ukraine http://www.sltrib.com/sltrib/world/57678610-68/ukraine-russia-crimea-russian.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/57678610-68/ukraine-russia-crimea-russian.html.csp">Russian troops engage in war games near Ukraine</a></h4> <span class="author vcard"><span class="fn">By MIKE ECKEL </span></span> <span class="author vcard"><span class="fn">and VLADIMIR ISACHENKOV</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-03-13T18:21:02.11-06:00">Updated Mar 13, 2014 06:21PM MDT</span></h5> <div class ="entry-content">Simferopol, Ukraine • Russia conducted new military maneuvers near its border with Ukraine on Thursday, and President Vladimir Putin said the world shouldn’t blame his country for what he called Ukraine’s “internal crisis.” In Crimea, where the public will vote on Sunday whether to break away from Ukraine and become part of Russia, jittery residents lined up at their banks to withdraw cash from their accounts amid uncertainty over the future of the peninsula, which Russian troops now control. “...</div> <h5><a rel="item-license" href="#license-576786102014-03-13T18:21:02.11-06:00" id="#license-2014-03-13T18:21:02.11-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57678610@www.sltrib.com Thu, 13 Mar 2014 18:21:02 MDT Airlines industry lowers profit forcast due to Ukraine crisis http://www.sltrib.com/sltrib/money/57670867-79/airlines-billion-profit-oil.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/57670867-79/airlines-billion-profit-oil.html.csp">Airlines industry lowers profit forcast due to Ukraine crisis</a></h4> <span class="author vcard"><span class="fn">By JOHN HEILPRIN</span></span> <span class="source-org vcard"><span class="org fn"> Associated Press</span></span> <h5><span class="updated" title="2014-03-12T10:48:02.55-06:00">Updated Mar 12, 2014 10:48AM MDT</span></h5> <div class ="entry-content">Geneva • The global airlines industry on Wednesday lowered its profit forecast for this year after the Ukrainian crisis caused a spike in the price of fuel. The cost of crude oil, jet fuel and other energy sources jumped last week after Russia took effective control of Ukraine’s Crimean Peninsula. Investors feared escalating U.S. and European sanctions on Russia, one of the world’s largest energy suppliers. “The situation in the Ukraine is causing instability that is pushing up the price of oil....</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57670867@www.sltrib.com Wed, 12 Mar 2014 10:48:02 MDT Holder: Heroin an urgent ‘public health crisis’ http://www.sltrib.com/sltrib/world/57659855-68/drug-heroin-holder-public.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/57659855-68/drug-heroin-holder-public.html.csp">Holder: Heroin an urgent ‘public health crisis’</a></h4> <span class="author vcard"><span class="fn">By ERIC TUCKER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-03-10T13:41:28.546-06:00">Updated Mar 10, 2014 01:41PM MDT</span></h5> <div class ="entry-content">Washington • Attorney General Eric Holder on Monday called the increase in heroin-related deaths an “urgent and growing public health crisis” and said first responders should carry with them a drug that can reverse the effects of an overdose. The video message posted on the Justice Department’s website reflects the federal government’s concern about the growing prevalence of heroin and prescription painkillers. The number of overdose deaths involving heroin increased by 45 percent between 2006 a...</div> <h5><a rel="item-license" href="#license-576598552014-03-10T13:41:28.546-06:00" id="#license-2014-03-10T13:41:28.546-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57659855@www.sltrib.com Mon, 10 Mar 2014 13:41:28 MDT E.U. follows U.S., slaps sanctions on Russia http://www.sltrib.com/sltrib/world/57643708-68/russia-ukraine-sanctions-moscow.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/57643708-68/russia-ukraine-sanctions-moscow.html.csp">E.U. follows U.S., slaps sanctions on Russia</a></h4> <span class="author vcard"><span class="fn">By MIKE CORDER </span></span> <span class="author vcard"><span class="fn">and JUERGEN BAETZ</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-03-06T21:35:22.567-06:00">Updated Mar 6, 2014 09:35PM MDT</span></h5> <div class ="entry-content">Brussels • The European Union suspended talks with Russia on a wide-ranging economic pact and a visa agreement Thursday in response to its military incursion into Ukraine’s Crimean Peninsula, threatening tougher sanctions unless Moscow swiftly defuses the crisis. The moves at an emergency EU summit came on the heels of visa and financial sanctions the Obama administration imposed on Russians and Ukrainians over the military incursion into Crimea. EU President Herman Van Rompuy said further meas...</div> <h5><a rel="item-license" href="#license-576437082014-03-06T21:35:22.567-06:00" id="#license-2014-03-06T21:35:22.567-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57643708@www.sltrib.com Thu, 06 Mar 2014 21:35:22 MDT Keating: The no-so-Iron Chancellor http://www.sltrib.com/sltrib/opinion/57635394-82/merkel-russia-chancellor-germany.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/57635394-82/merkel-russia-chancellor-germany.html.csp">Keating: The no-so-Iron Chancellor</a></h4> <span class="author vcard"><span class="fn">By Joshua Keating</span></span> <span class="source-org vcard"><span class="org fn"> Slate</span></span> <h5><span class="updated" title="2014-03-05T06:33:01.483-06:00">Updated Mar 5, 2014 06:33AM MDT</span></h5> <div class ="entry-content">BC-RUSSIA-GERMANY,0558 The not-so-iron chancellor (wap) (ATTN: Editorial Page editors) Joshua Keating (c) 2014, Slate WASHINGTON - In contrast to her predecessor Gerhard Schroeder, who saw himself as an advocate for Russia in Europe and was rewarded with a lucrative Gazprom job for his troubles once he left office, German Chancellor Angela Merkel has never had an exactly friendly relationship with Vladimir Putin. Over the years, it’s been marked by serious disputes over human rights and foreign ...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57635394@www.sltrib.com Wed, 05 Mar 2014 06:33:01 MDT Freddie Mac posts $8.6B profit in 4Q http://www.sltrib.com/sltrib/money/57607168-79/freddie-billion-government-quarter.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/57607168-79/freddie-billion-government-quarter.html.csp">Freddie Mac posts $8.6B profit in 4Q</a></h4> <span class="author vcard"><span class="fn">By MARCY GORDON</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-02-27T08:19:02.371-06:00">Updated Feb 27, 2014 08:19AM MDT</span></h5> <div class ="entry-content">Washington • Mortgage giant Freddie Mac posted net income of $8.6 billion for the October through December period, its ninth straight profitable quarter. Earnings were boosted by the continued rise in home prices, which reduced the amounts the company had to set aside to cover losses on mortgages. Freddie’s fourth-quarter profit reported Thursday nearly doubled from earnings of $4.5 billion in the last three months of 2012. McLean, Va.-based Freddie said it will pay a dividend of $10.4 billion ...</div> <h5><a rel="item-license" href="#license-576071682014-02-27T08:19:02.371-06:00" id="#license-2014-02-27T08:19:02.371-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57607168@www.sltrib.com Thu, 27 Feb 2014 08:19:02 MDT