US asks Deutsche to pay $14 billion in settlement

The German bank says it has no intention of paying a penalty anywhere near the amount demanded by the US DoJ for its role in selling poor quality mortgage-backed securities to investors ahead of the 2008 financial meltdown.

Spain's Housing Crisis: Ghost towns revive after 2008 financial crisis

Spain was hit hard by the global financial crisis a decade ago. The housing boom went bust almost overnight - and developers went bankrupt, leaving more than 3 point 4 million building projects unfinished. Today, the economy is showing signs of recovery....

Iceland's economy still reeling from 2008 crisis | Money Talks

The 2008 financial crisis began in the US, but its impact was felt around the world. And, as Mobin Nasir reports, many are still trying to recover. And Harold James, professor at Princeton University and TRT World Editor-at-large Craig Copetas give us fur...

Worst week for US stocks since 2008 crisis

Third straight rout end worst week for Dow, Nasdaq since the financial crisis a decade as a host of concerns ranging ranging from political bickering to interest rate hike dampen investors' mood.

US still feeling effects of 2008 crisis | Money Talks

September 15 marks the 10th anniversary of the collapse of Lehman Brothers. It was the fourth largest US investment bank at the time, and its demise is considered one of the defining moments of the 2008 financial crash. The US economy has since staged one...

Money Talks: OPEC agrees to first oil output cut since 2008

After months of uncertainty, the oil cartel OPEC, has agreed to cut production by more than one million barrels a day from current levels- the first cut in eight years. Prices have immediately shot up. Interview with Azhar Sukri....

Former top Barclays bankers face fraud trial over 2008 Qatar rescue

The case is a rare example of a criminal prosecution of senior bankers at a global bank over conduct during the worldwide financial crises in 2008.

Tasked with resolving the Gulf dispute, why did Anthony Zinni resign?

A retired four star marine general who served in the Middle East and criticised the Iraq war, Zinni gave up on brokering peace between the estranged gulf allies.

Kosovo Independence: Restaurant uses food as international protest

Today, many people have access to cuisines from around the world, no matter where they live. And for Serbians in Belgrade, one restaurant is serving diners using food from some of the smallest countries on the planet as an international protest. #Kosovo...

Post-crisis bank rules reversed in the US | Money Talks

It's been a decade since the 2008 financial crisis. Yet, it continues to affect the world economy to this day. Moves are under way to remove banking regulations put in place following a $700 billion taxpayer bailout. US President Donald Trump has reversed...

Financial crisis: What lessons did we learn?

The global financial crisis provoked anger toward big banks and governments. Given the fall-out led perhaps to Brexit, to the rise of populism, to the arrival of Donald Trump how much have the rules changed? Are we any more secure? #financialcrisis #lehma...

Eurozone growth at 10-year high in 2017 | Money Talks

Economic growth in the Eurozone accelerated to its fastest pace in 10 years in 2017. Latest figures show the region is firing on all cylinders as economic activity is picking up, even in countries most impacted by the global financial crisis of 2008. Mobi...