“Crisis” on The Daily Caller

If the national foreclosure crisis were a baseball game, we would be in about the top of the sixth. And we may have to go to extra innings. (more)

The budget crises that have nearly paralyzed states such as California and Illinois are likely to get worse, not better, in 2011 — despite the massive cuts that have already been made. (more)

DUBLIN (AP) — Ireland’s international bailout boosted its bank stocks Monday but outraged many hard-pressed taxpayers, who questioned why the government’s pension reserves must be ravaged as part of a deal that burdens the whole country with the mistakes of a rich elite. (more)

BRUSSELS (AP) — Europe’s debt crisis hit a critical juncture Tuesday, as finance ministers tried to keep Ireland’s market turmoil from triggering a domino effect that could topple other vulnerable nations like Portugal and rock the region’s currency union and shaky economic recovery. (more)

WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system. (more)

ATHENS, Greece (AP) — Greece’s recession deepened in the second quarter, according to official estimates released Thursday, as the country felt the painful consequences of the government’s drive to reduce its debt load with aggressive austerity cuts. (more)

DUBLIN (AP) — The Moody’s agency cut Ireland’s credit rating Monday, citing the country’s swelling national debt, the unpredictable cost of its bank-bailout plans and its weak growth prospects for the next three to five years. (more)

LISBON, Portugal (AP) — Moody’s credit rating agency downgraded Portugal’s debt on Tuesday, casting fresh doubt on the country’s ability to weather its debt crisis as the economy weakens. (more)

BRUSSELS (AP) — European Union finance ministers are under pressure at Monday talks to fix a compromise with EU lawmakers over new financial oversight agencies due to be set up at the end of the year. (more)

PAMPLONA, Spain (AP) — Hordes of humans will sprint ahead of thundering beasts this week at Pamplona’s famed running of the bulls, but Spain’s most storied fiesta is being overshadowed by a crisis in the bullring. (more)

LONDON (AP) — Europe’s governments are struggling to deal with a mountain of debt made worse by the past three years of global financial and economic turmoil. (more)

MADRID (AP) — Parliament approved emergency measures to cut Spain’s soaring deficit by only one vote Thursday, saving the Socialist government from an embarrassing defeat but revealing the depth of resistance to austerity plans aimed at resolving Europe’s debt crisis. (more)

LONDON (AP) — Six weeks of vacation a year. Retirement at 60. Thousands of euros for having a baby. A good university education for less than the cost of a laptop. (more)

GENEVA (AP) — Can anything stop the euro’s decline? (more)

BERLIN (AP) — The €750 billion ($1 trillion) shock-and-awe rescue package to prevent the Greek debt crisis from spreading only bought eurozone countries more time, it didn’t solve their underlying debt problems, German Chancellor Angela Merkel and a European Central Bank official said Sunday. (more)

BRUSSELS (AP) — A bold $1 trillion rescue by the European Union halted the slide of the euro on Monday and sent markets soaring worldwide in a gambit that may ultimately be seen as the moment Europe truly became a union. (more)

LOS ANGELES (AP) — An unprecedented financial crisis afflicting the nation’s largest court system is in the hands of the policy making California Judicial Council, with Los Angeles court officials awaiting its decision on their plea for an infusion of cash. (more)

ATHENS, Greece (AP) — Clashes between riot police and rock-throwing, masked youths broke out during a demonstration Thursday in central Athens by tens of thousands of striking workers protesting austerity measures that the Greek government has said it has no choice but to implement. (more)

LOS ANGELES (Reuters) – Los Angeles, the second-largest city in the United States, is confronting a mounting budget deficit that threatens to force thousands of job cuts, deplete its fiscal reserve and further damage its credit rating. (more)

Global investors’ fears about a potential full-blown government debt crisis in Europe fueled a massive rush for safety on Thursday, driving stocks, commodities and other assets sharply lower. (more)