Olli Rehn, European Union economy chief, tells CNBC that the UK announcement of referendum is creating uncertainty and is not necessarily helpful in terms of stabilizing the economy.
Lionel Barber, editor at The Financial Times, tells CNBC that the key questions will be what kind of powers David Cameron can repatriate from the EU and what about the uncertainty created for business.
Fredrik Reinfeldt, Swedish Prime Minister, tells CNBC he believes UK Prime Minister, David Cameron was taking initiative by calling a referendum and fighting to stay inside the European Union.
Gary Dugan, CIO, Asia & Middle East, Coutts analyzes the reasons why U.K. Prime Minister David Cameron is pushing for a referendum on the country's membership in the EU.
Eurasia Group President Ian Bremner and Stefano Aversa, co-president at Alix Partners, discuss market uncertainty ahead of David Cameron's speech on Friday, plus Italy's political future.
Stephen King, group chief economist at HSBC, tells CNBC that UK trade links with Europe have grown enormously over the last twenty five years in contrast to countries in the emerging world.
Prime Minister David Cameron promised on Wednesday to give Britons a straight referendum choice on whether to stay in the European Union or leave within the next parliament if he is re-elected at the next election in 2015.
Peter Sands, CEO of Standard Chartered, tells CNBC that they are glad to have settled the US issues and the bank continues to grow with a focus on Asia, Africa and the Middle East.
Algerian special forces have found the bodies of two Canadian Islamist fighters after a bloody siege at a desert gas plant, a security source said on Monday, as the death toll reached at least 80 after troops stormed the complex to end the hostage crisis.
Prime Minister David Cameron is leading Britain into a minefield in seeking to renegotiate its terms of membership of the European Union. His gamble could easily end in a bust.
Algeria said on Sunday it expected heavy hostage casualties after its troops ended a desert siege, but Western governments warned against criticizing tactics used by their vital ally in the struggle with Islamists across the Sahara.
The Algerian army carried out a dramatic final assault to end a siege by Islamic militants at a desert gas plant on Saturday, killing 11 al Qaeda-linked gunmen after they took the lives of seven more foreign hostages.
An American and a Frenchman have been found dead, and the Obama administration said Friday it was trying to secure the release of U.S. hostages still being held by Islamic militants at an Algerian gas plant deep in the Sahara.
Gideon Rachman, chief foreign affairs columnist at the Financial Times, tells CNBC that David Cameron's attempt at EU renegotiation is becoming a farce and he risks being humiliated if it fails.
The Obama administration on Wednesday publicly signaled its growing concern about a possible British exit from the EU, just days before David Cameron sets out plans for a referendum on the issue.
Rachel Reeves, shadow chief secretary for the Labour Party, tells CNBC that the government has cut too far and too fast, choking off the economic recovery.
With sluggish growth, an expanding budget deficit and fears of a downgrade, the U.K finance minister will next week use his Autumn Statement to update his plans for the economy with predictions emerging that a tax crackdown on multinationals could be on the cards.
Andrew Lilico, director and principal at Europe Economics, explains to CNBC why it might be in Britain's best interest to relinquish its ties to the European Union.
WASHINGTON- President Barack Obama and Republican challenger Mitt Romney battled down to the wire on Tuesday, mounting a last-minute Election Day drive to get their supporters to the polls in a handful of states that will decide the winner in a neck-and-neck race for the White House.
*Pressure rising for projects to revive UK economy. LONDON, Nov 2- London's mayor accused the British government on Friday of ``utter inertia'' on airport expansion policy with pressure growing for a launch of major infrastructure projects to help shore up the floundering economy.