Former Dallas Fed President offers perspective on current economic downturn.» Read More
Are you itching to try your hand at trading the euro, given all the news about sovereign debt risk and upheaval at the IMF?
Greece creeps closer to default. Is there a currency trade behind the country's woes, with CNBC's Melissa Lee and the Money In Motion traders. Also, cold cash and hot commodities--using currencies to play the recent pullback in commodities, with Dennis Gartman, The Gartman Letter.
We often get a frenzy of negative Europe speculation on a Friday afternoon either from fear of what might emerge over the weekend or mischief-making by Dollar-bulls. And today is no exception.
Worry about Greece's debt struggles, Spanish elections and a Bundesbank warning on German growth combined to drive the euro lower, and put investors on alert ahead of the weekend.
As the IMF gets ready to choose a successor to Dominique Strauss-Kahn, who resigned following his arrest on charges that he sexually assaulted and raped a hotel housekeeper, it would be a good thing to step back for a moment and ask: What should the IMF do?
IMF chief Dominique Strauss-Kahn is expected to leave Rikers today, reports CNBC's Mary Thompson.
Fighting inflation in times when commodity prices increase is part of the future challenges the European Central Bank (ECB) will have to face, Gertrude Tumpel-Gugerell, executive board member of the ECB, said in an exclusive interview with CNBC Friday.
Twice as many business leaders say that the world economy is going to improve in the next six months than think it is going to get worse, according to the FT/Economist global business barometer.
If the monetary policy committee of the Bank of England were paid a performance bonus, its members would deserve nothing. The UK’s inflation outcome has been far from target over a long period. So should the MPC raise rates now to make up for its past failures? No. But its position is becoming very uncomfortable, according to the FT.
The French finance minister, Christine Lagarde, was on a panel at the World Economic Forum in Davos this January when her usual smile turned into a frown. Next to her, Robert E. Diamond Jr., chief executive of Barclays and one of the most powerful bankers in the world, thanked regulators and finance ministers for their role in shaping a better environment after the financial crisis.
German Chancellor Angela Merkel reiterated on Thursday that she wanted a European to become the next IMF chief and that Dominique Strauss-Kahn's exit before the end of his term was an argument in favour of such a move.
Just 20 percent of the Greek electorate believe the country should abide by the terms of the European Union/International Monetary Fund loan agreement and pay off all its debts, according to a poll in a Greek newspaper.
The sight of Dominique Strauss-Kahn, managing director of the International Monetary Fund and prospective candidate for the French presidency, doing the "perp walk" was stupefying. If the charges are true, this capable man is a lunatic. But, unless the case collapses, the event will cast a long shadow, according to the FT.
Following huge losses for the Russian market in 2008, investors have eyed stocks in Moscow skeptically and refused to give them the same rating as those in other BRIC members, Brazil, India and China according to Roland Nash, the chief investment strategist at Verno Capital.
Angela Merkel, German chancellor, has spelt out her strong opposition to restructuring debt in any member state of the eurozone, contradicting speculation that Germany was pushing such a solution in Greece.
Earlier today, I had the pleasure of interviewing former Speaker and now House Democratic leader, Nancy Pelosi. We’ve had several interviews down through the years. And while we’ve disagreed on a number of topics, I do have enormous personal respect for her.
The IMF, or International Monetary Fund, is an intergovernmental agency that works to keep exchange rates and the international system of payments stable.
Dominique Strauss-Kahn may be in trouble, but it's not going to dent the euro, these experts say.
Jamie Cox, Harris Financial Group, and Keith Springer, Springer Financial Advisors, discuss what the IMF sex scandal means for markets and investing.
Today, European finance ministers are meeting with a heavy and difficult schedule on periphery debt. While the Dominique Strauss-Kahn imbroglio/sex case makes it way through the US judicial system, the European debt situation should not be materially changed in a negative way by the development.