The problem of how Europe handles the increasing number of people risking life and limb for a new life abroad has reached a flashpoint.» Read More
Dionyssis Dimitrakopoulos, senior lecturer in politics at Birkberck College, University of London, says the Cyprus crisis has been badly handled and that the euro zone problem is that nobody thinks of the management of the common currency in the medium to longer term.
As fears grow that the Cyprus crisis could spread to other parts of the euro zone, renowned investor Mark Mobius says that a default is the only way to solve the single-currency bloc's problems.
Shyam Devani, fx technical analyst at Citi, tells CNBC Cyprus has no choice but to impose capital controls as it can't devalue its currency. This crisis shows a lack of clarity, planning and leadership on a wider European scale, he said.
Brendan Brown, Head of Economic Research at Mitsubishi UFJ Securities International says Cyprus is the end game of the Greek bond bubble. He says concentrate on the ramifications on Italy and Spain. Richard Martin, Managing Director at IMA Asia joins in the conversation.
Chris Weston, Head of Sales and Research at IG Markets says the banking industry in Europe is going to have to change. Dhiren Sarin, Chief Technical Strategist, Asia Pacific at Barclays tracks the trends in Italian and German Bonds. Richard Martin, Managing Director at IMA Asia joins in the conversation.
Uncertainties surrounding the Cyprus bailout are set to continue for some time, but one way to play the fallout is to buy the Australian dollar, one analyst told CNBC.
Never let a good crisis go by without firing up the cool graphics.
After months of calm in global markets, concerns about the future of the euro zone are back with a vengeance as fears grow that the turmoil in Cyprus could spread to other parts of the region.
Peter Morici, Professor at the Smith School of Business at the University of Maryland makes the case for Cyprus leaving the euro zone. He says the troika manufactured the banking crisis in Cyprus.
Lutfey Siddiqi, MD of FX, Asia Pacific at UBS Investment Bank is bearish on the euro. He warns of the psychological contagion from the Cyprus banking crisis that could spread to the rest of Southern Europe.
CNBC's Michelle Caruso-Cabrera reports banks will reopen on Thursday in Cyprus, and the country has readied capital controls to avert a bank run; and Nile Gardiner, Heritage Foundation; Jeffrey Kleintop, LPL Financial; and Jack Bouroudjian, Bull and Bear Partners CEO, provide perspective.
PVH Corp. CEO Manny Chirico, offers insight on his company's acquisition of Warnaco, and also on international growth. "Jeans is a category that goes in cycles, and I think we're buying Warnaco at just the right time," he says.
As banks in Cyprus open their doors, Jim Cramer explains how to trade the three most likely reactions from the market.
A look at how to play Cliffs Natural, with the "Fast Money" traders; and Chuck Jeannes, Goldcorp CEO, discusses what is having an effect on gold price now, and how investors should play it.
Dissecting the day's major business news, with the Fast Money traders; and CNBC's Michelle Caruso-Cabrera has the latest in Cyprus, saying the banks are set to reopen on Thursday.
Cyprus has set capital controls for tomorrow's reopen of its banks. CNBC's Michelle Caruso-Cabrera has the details.
Cyprus reopens its banks on Thursday with capital controls in place and guards at branches to help avert bank runs.
Heavy security is visible as the Cyprus central bank gets a truckload of cash delivered ahead of tomorrow's scheduled reopening of the nation's banks. (1:12)
CNBC's Michelle Caruso-Cabrera reports that has been no official announcement that the banks will reopen on Thursday.
European shares closed lower on Wednesday as investors grow increasingly worried over the political stalemate in Italy, adding to concerns about Cyprus, which is poised to impose capital controls on its banks.
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European stocks closed higher on Thursday after an onslaught of earnings, but Spanish stocks underperformed to close lower.
CNBC's Phil Han reports on the two candidate cities vying for the 2022 winter Olympics and who might have the lead.
Peter Oppenheimer, chief global equities strategist at Goldman Sachs, discusses Chinese equities.