A judge upheld New York City's legal justification for evicting Occupy Wall Street protesters from a park when police in riot gear broke up a two-month-old demonstration against economic inequality.
The European Parliament on Tuesday voted into law a regulation to curb short selling and trading in credit default swaps (CDS), a financial product for insuring against default.
The European Commission has put forward stricter rules for the credit rating agencies that rank countries' and companies' debt. The rules says agencies, including Standard & Poor's, Moody's and Fitch, should follow stricter standards, be more transparent about their ratings and be held accountable for their mistakes.
Argentina will not take back the millions of Pesos that thousands of tourists spend in neighbouring Uruguay during the summer season. That was the reply to a request from Uruguay’s largest bank branch in the City of Buenos Aires, according to banking sources in Montevideo.