Banking Latest News: Central Banks Criticize Europe for Political Gridlock on Economy
The Bank for International Settlements, a group representing central banks including the Federal Reserve and the European Central Bank, warned political leaders that they should not expect central banks? cheap-money policy to hold the global economy together forever. The organization, based in Basel, Switzerland, said in its annual report that politicians should finally do their share of ?the hard but essential work of adjustment.? European Central Bank policymaker Joerg Asmussen said on that closer integration within Europe called for European Union institutions - in particular its parliament - to be strengthened to ensure democratic control and accountability. "The increasing level of integration within Europe calls for a new institutional design to ensure legitimization, accountability and democratic control," the German ECB Executive Board member said at an event organized by the Kiel institute for the World Economy. Om Thursday, Euro finance ministers agreed on broad guidelines on how to use the bloc's permanent bailout fund to rescue banks from failure, delivering on a long-promised goal to stabilize the bloc's financial system.
Savoy - Savoy LIVE Concert
Tune in on Friday, August 22nd to watch Savoy perform LIVE from the House of Blues, in West Hollywood, California. Catch a new LIVE concert from Live Nation, on Yahoo Live daily, 365 days a year.
2014 VMAs: Girls on the Red Carpet
The ladies take on the Red Carpet and tell us what makes the MTV VMA's so cool and what it takes to get ready for such an edgy and energetic show!
‘Ice Bucket Challenge’ Raises Millions
With people as varied as former President George W. Bush and Justin Bieber, the viral “Ice Bucket Challenge” has now raised more than $41.8 million for Lou Gehrig’s disease.
Iggy Azalea - A.K.A. Iggy Azalea
Music video by Iggy Azalea performing A.K.A. Iggy Azalea. © 2014 VEVO
Matt Nathanson - I Wanna Dance With Somebody - Live from the House of Blues Cleveland #YahooLive
In the middle of "Room at the End of the World", Matt Nathanson does what he calls a battle cry to honor the late Whitney Houston with the song "I Wanna Dance With Somebody." Catch a new LIVE concert from Live Nation, on Yahoo Live daily, 365 days a year.
Iggy Azalea’s Amusing Reaction to Her VMA Nominations
Find out how the rapper learned of her seven nominations. The VMAs air live on MTV on Sunday Aug 24 at 9pm ET / 8pm CT.
Bill & Melinda Gates Foundation Pledge Up to $1 Million Dollars to DonorsChoose
Yahoo Global News Anchor Katie Couric talks with Melinda Gates about the DonorsChoose pledge, education, the Ebola virus outbreak in West Africa and the ALS Ice Bucket Challenge.
Guilty toddler denies eating chocolate donut
Watch as this adorable 4-year-old tries to convince her mother that she did not eat a chocolate donut, despite the evidence on her face! Once she realizes that she's been caught, her explanation is even better! Credit to 'mgmeaux'.
52 Unbelievable Video Game Things At The World's Best Video Game Store
It’s a video game museum in New York where everything is for sale.