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  • Find Value in First Half 'Disaster': Dr. Doom Tuesday, 23 Dec 2008 | 5:08 AM ET
    bull and bear outside frankfurt stock exchange

    The first half of next year will be very bad for the world economy, but investors will find value in stock markets as some deeply discounted shares will stage a rebound, Marc Faber, editor and publisher Gloom, Boom and Doom Report, told CNBC.

  • Euro Continues to Soar After Fed Move Tuesday, 16 Dec 2008 | 3:55 PM ET
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    The euro rallied versus the US dollar on Tuesday following the Federal Reserve decision to set its target for overnight interest rates between zero to 0.25%.

  • As Rates Race to Zero, Printing Presses Gear Up Tuesday, 16 Dec 2008 | 2:18 AM ET
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    When the Federal Reserve policymakers decide on interest rates Tuesday, investors will probably look one step beyond their decision, to gauge how much money will the Fed be willing to print once it is out of rate ammunition.

  • Euro Makes a Comeback Thursday, 11 Dec 2008 | 11:55 AM ET
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    The US dollar fell across the board Thursday on lower risk aversion among investors, helped in part by the latest monetary actions by central banks from around the world.

  • Poll: Who Is Right in the "Crass" Bailouts Row? Thursday, 11 Dec 2008 | 3:29 AM ET

    German Finance Minister Peer Steinbrueck singled out British Prime Minister Gordon Brown for criticism in a "Newsweek" interview, accusing him of switching to economic policies that would saddle a generation with debt.

  • Wake up, No Such Thing as a Screaming Buy: CIO Wednesday, 10 Dec 2008 | 6:08 AM ET

    Bonds look more attractive than stocks in the current climate, as share prices may take another dive, and investors should worry about preserving the money they have rather than making any more, Hugh Hendry, chief investment officer and partner at Eclectica told CNBC.

  • Global Interest Rates Monday, 8 Dec 2008 | 8:44 AM ET

    The European Central Bank, Bank of England, and Sweden’s Ricksbank slashed their interest rates today in an effort to bolster access to credit while luring consumer spending.

  • Stimulus Won't Protect from Capital Flight: Strategist Wednesday, 26 Nov 2008 | 8:20 AM ET

    The European and U.S. stimulus plans are not going to help economies which are relying on wide current account deficits and which are now hemorrhaging capital, Ian Harnett, European strategist at Absolute Strategy Research, said Wednesday.

  • Europe to Stay in Recession 2 Years: Strategist Tuesday, 25 Nov 2008 | 3:12 AM ET
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    The European economy will remain in recession for at least two years as companies slam the brakes on capital spending because of the financial crisis, Charles Cara, European equity strategist from Absolute Strategy Research, said.

  • Spanish Economy Contracts, 1st Time in 15 Years Friday, 14 Nov 2008 | 4:22 AM ET

    Spanish gross domestic product (GDP) fell 0.2 percent in the third quarter, sending the euro zone's fourth-largest economy into contraction for the first time in 15 years, the National Statistics Institute reported on Friday.

  • Euro Zone Already in 'Serious Recession': BofA Tuesday, 11 Nov 2008 | 6:02 AM ET

    The group of euro-member countries fell into "a serious recession in September" and economic contraction will continue through next year, pushing interest rates sharply lower, Bank of America said in a research note Tuesday.

  • Mohamed El-Erian, co-chief executive officer of Pacific Investment Management Co.

    President-Elect Barrack Obama should attend the upcoming summit of the G20 developing and industrialized countries in Brazil to show that the US has a truly international leader, Mohamed El-Erian, Co-CEO of Pimco, told CNBC Friday.

  • US Economy 'Has Fallen off a Cliff': El-Erian Friday, 7 Nov 2008 | 4:02 AM ET

    The nonfarm payrolls data may be even worse than the consensus estimate, as the U.S. economy is taking further blows from the financial crisis, Mohamed El-Erian, Co-CEO of Pimco, told CNBC Friday.

  • Dow Drops 10% in Two Days After Election Thursday, 6 Nov 2008 | 5:21 PM ET

    Blue chips logged their biggest two-day decline on record as worries about the economy gripped the market the minute the U.S. presidential election was over.  Weak outlooks from Cisco and Toyota, dismal October retail sales and the prospect of a very grim payrolls number tomorrow fueled the selloff today.

  • Dow Drops Over 400 Amid Economic Worries Thursday, 6 Nov 2008 | 3:20 PM ET

    Stocks continued to slide Thursday as worries about the economy -- and its impact on earnings -- outweighed enthusiasm for big rate cuts in Europe.

  • Global Interest Rates Drop, US Dollar Rises Thursday, 6 Nov 2008 | 12:28 PM ET

    Following rate cuts from the Fed, China and Japan last week, the Bank of England and European Central Bank slashed their key interest rates today.   Central Banks from around the world are modifying their monetary policies in a coordinated effort to contain the impact of the global financial crisis. 

  • Stocks Slide as Economic Woes Trump Rate Cuts Thursday, 6 Nov 2008 | 11:21 AM ET

    Stocks continued to slide Thursday as worries about the economy -- and its impact on earnings -- outweighed enthusiasm for big rate cuts in Europe.

  • Rate Cut Fails to Lift Futures Higher Thursday, 6 Nov 2008 | 9:20 AM ET

    Futures were poised to add to post-election losses, as intensified worries about the global economy outweighed a sharp Bank of England interest rate drop.

  • EUFlag.jpg

    European Union finance ministers backed on Tuesday proposals for a reform of the G8 club of major industrial nations and an end to self-regulation in global financial markets that critics say caused the credit crisis.

  • World Recession Gloom Builds, Australia Cuts Rates Tuesday, 4 Nov 2008 | 12:57 AM ET
    Global Markets

    Australia slashed interest rates Tuesday, presaging cuts expected in Europe later this week in the face of mounting evidence that the global financial crisis has already pushed much of the world into a damaging recession.