Ukraine reached a deal with creditors to restructure its debt—a key requirement for the country to continue getting support from the IMF.» Read More
Some European citizens are looking to escape their economic troubles by joining an Italian commune.
Richard Staite, U.S. banks analyst at Atlantic Equities, outlines why investors are reallocating away from Europe and towards U.S banks, citing strong capital return to shareholders, better transparency and expected strong earnings recovery in the next two years as main reasons.
Cyprus's plan to impose capital controls threatens to test the ties that bind Europe's monetary union and could see euros on the Mediterranean island valued differently to those in the rest of the bloc.
Britain opens a judicial inquiry into the death of Russian oligarch Boris Berezovsky on Thursday to establish how he died in the locked bathroom of his vast mansion.
Henry Dixon, co-founder and fund manager at Matterley Asset Management, tells CNBC that risk premiums should be rising on the back of what's happening in Cyprus and Italy and says there's a lot of balance sheet support to be found in U.K. shares.
Michael Gallagher, director of research at IDEAglobal, says the yield curve for Italian bonds should steepen in the short-term as markets are getting increasingly concerned with the political deadlock in the country and believe any government formed in the short term will be weak and unstable.
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.
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CNBC anchors Steve Sedgwick and Karen Tso break down the volatile market moves seen across the globe this week
Steen Jakobsen , chief economist at Saxo Bank, says the recent market correction is a good sign coming out of the global financial crisis.
Mike Fries, CEO of Liberty Global, and Jeff Bewkes, CEO of Time Warner, discusses the sell-off of media stocks and how to monetize content.