http://www.miamiherald.com/business/international/index.html http://media.miamiherald.com/images/logos/rss_sitelogo.gif http://www.miamiherald.com/business/international/index.html 140 25 News, sports and entertainment from MiamiHerald.com en-us Copyright 2008 MiamiHerald.com International Business 60 Sat, 11 Oct 2008 23:24:37 EDT http://blogs.law.harvard.edu/tech/rss McClatchy Interactive's PubSys miamifeedback@miamiherald.com http://www.miamiherald.com/business/international/story/718867.html http://www.miamiherald.com/business/international/story/718867.html Thu, 09 Oct 2008 03:01 EDT For months, Wall Street and Main Street have blamed subprime borrowers and risky mortgages for the financial meltdown that has erased trillions of dollars of savings and sent the world's financial system teetering. http://www.miamiherald.com/business/international/story/718925.html http://www.miamiherald.com/business/international/story/718925.html Thu, 09 Oct 2008 03:01 EDT The Federal Reserve took bold action again Wednesday in hopes of staving off a global financial collapse. And again U.S. financial markets failed to calm, extending losses for a sixth straight day while shrugging off a Fed-led, globally coordinated half-point cut in interest rates. http://www.miamiherald.com/business/international/story/718865.html http://www.miamiherald.com/business/international/story/718865.html Thu, 09 Oct 2008 03:01 EDT Subprime borrowers could be in for another clobbering next month when a new round of interest rate changes boosts their monthly mortgage payments to unaffordable levels, more evidence that constricted credit markets are taking a heavy toll on homeowners. http://www.miamiherald.com/business/international/story/717366.html http://www.miamiherald.com/business/international/story/717366.html Wed, 08 Oct 2008 03:01 EDT This volcanic island near the Arctic Circle is on the brink of becoming the first ''national bankruptcy'' of the global financial meltdown. http://www.miamiherald.com/business/international/story/717375.html http://www.miamiherald.com/business/international/story/717375.html Wed, 08 Oct 2008 03:01 EDT More than a decade after its last major economic crisis, East Asia is spooked by the prospect of a new global financial storm coming its way. http://www.miamiherald.com/business/international/story/712855.html http://www.miamiherald.com/business/international/story/712855.html Sat, 04 Oct 2008 03:01 EDT The Dutch government said Friday that it will buy the operations of Fortis NV in the Netherlands for 16.8 billion euros ($23.2 billion) after a previous bailout failed and the troubled bank teetered on the edge of insolvency. http://www.miamiherald.com/business/international/story/712385.html http://www.miamiherald.com/business/international/story/712385.html Sat, 04 Oct 2008 03:01 EDT Companies that provide financial data to banks are bracing for a squeeze after many of their major clients -- Lehman Brothers, Merrill Lynch, UBS and dozens of hedge funds -- have collapsed, been sold or cut thousands of jobs in the financial crisis. http://www.miamiherald.com/business/international/story/712857.html http://www.miamiherald.com/business/international/story/712857.html Sat, 04 Oct 2008 03:01 EDT Congress on Friday approved extending trade preferences for Colombia, Peru and more than 100 other developing nations, preventing a suspension of the program at the end of this year. http://www.miamiherald.com/business/international/story/712392.html http://www.miamiherald.com/business/international/story/712392.html Sat, 04 Oct 2008 03:01 EDT Peru's central bank may cut reserve requirements for bank deposits to give the Andean country's banks more liquidity as international loans become costlier, bank President Julio Velarde said Friday. http://www.miamiherald.com/business/international/story/711905.html http://www.miamiherald.com/business/international/story/711905.html Fri, 03 Oct 2008 18:51 EDT For all the talk of alternative energy, the traditional sources of oil and gas are here to stay for the foreseeable future, experts told the 12th Annual Americas Conference on Friday. http://www.miamiherald.com/business/international/story/711353.html http://www.miamiherald.com/business/international/story/711353.html Fri, 03 Oct 2008 03:01 EDT France on Thursday formally called an exceptional weekend summit to hash out a common European Union response to the spreading U.S. financial crisis, amid divisions among European officials about how closely to coordinate their action. http://www.miamiherald.com/business/international/story/711184.html http://www.miamiherald.com/business/international/story/711184.html Fri, 03 Oct 2008 03:01 EDT Brazilian construction company Odebrecht says it has accepted terms from the Ecuadorean government to end a dispute over a troubled hydroelectric plant. http://www.miamiherald.com/business/international/story/711182.html http://www.miamiherald.com/business/international/story/711182.html Fri, 03 Oct 2008 03:01 EDT The Dominican Republic is shipping sugar to the European Union under a new economic partnership that officials say could eventually triple the country's sugar exports. http://www.miamiherald.com/business/international/story/711347.html http://www.miamiherald.com/business/international/story/711347.html Fri, 03 Oct 2008 03:01 EDT Irish lawmakers approved a comprehensive bank guarantee Thursday, granting taxpayer protection to all deposits and debts of Irish-owned banks. http://www.miamiherald.com/business/international/story/711169.html http://www.miamiherald.com/business/international/story/711169.html Fri, 03 Oct 2008 03:01 EDT Italy's finance minister said Thursday that the credit crisis remained contained in his country, while bank Unicredit, whose market value has plummeted amid the credit crisis, got a mixed bag of news as its shares seesawed. http://www.miamiherald.com/business/international/story/711350.html http://www.miamiherald.com/business/international/story/711350.html Fri, 03 Oct 2008 03:01 EDT A Thai dairy producer said Thursday it plans to return 122 tons of newly imported powdered milk to China even before tests have determined whether they are contaminated with the banned chemical melamine. http://www.miamiherald.com/business/international/story/711173.html http://www.miamiherald.com/business/international/story/711173.html Fri, 03 Oct 2008 03:01 EDT Swiss insurer Zurich Financial Services AG on Thursday wrote down US$615 million in losses relating to troubled U.S. companies hit by the credit crisis. http://www.miamiherald.com/business/international/story/711171.html http://www.miamiherald.com/business/international/story/711171.html Fri, 03 Oct 2008 03:01 EDT NEW DELHI --India banned smoking in public places on Thursday, leaving public health officials with a much tougher task: get the nation's estimated 120 million smokers to stub out their cigarettes. http://www.miamiherald.com/business/international/story/710045.html http://www.miamiherald.com/business/international/story/710045.html Thu, 02 Oct 2008 03:01 EDT The U.S. financial crisis has reached the coasts of the Caribbean -- paralyzing work on a 125-room hotel, marina and condominium project on West Caicos island. Logwood Hotel Development is the owner of the unfinished Ritz Carlton Molasses Reef hotel and condominiums in the Turks and Caicos. http://www.miamiherald.com/business/international/story/710046.html http://www.miamiherald.com/business/international/story/710046.html Thu, 02 Oct 2008 03:01 EDT The amount of money sent home to families in Latin American countries by relatives living abroad is projected to grow by its slowest rate on record this year, according to a report to be released this week by the Washington bank that tracks such transfers.