PARIS, May 3- French President Francois Hollande said on Tuesday that he was opposed at this stage to concluding the proposed Transatlantic Trade and Investment Partnership between the European Union and the United States. "As things stand in the international trade negotiations, the French position is' no'," Hollande said in a speech in Paris. » Read More
European leaders talk and talk, and hot money cools toward Asia — it's time for your FX Fix.
Greece needs a collective effort by itself, the International Monetary Fund (IMF) and the rest of the euro zone members to resolve the crisis, according to Zhu Min, Deputy Managing Director, who spoke to CNBC from the summer meeting of the World Economic Forum in Dalian, China.
CNBC's Michelle Caruso-Cabrera has the update on riots in Italy ensuing as a final austerity package has been aprroved.
U.S. Treasury Secretary Tim Geithner will travel to Poland on Thursday for a meeting with euro zone finance ministers set for Friday and attempt to push them to show leadership and get ahead of the euro zone crisis.
As investors continue to reach for yield, are we heading for a credit bubble, with CNBC's David Faber; Peter L. Briger, Jr., Fortress Investment Group LLC principal and co-chairman; Marc Lasry, Avenue Capital, co-founder and chief executive; Bruce Richards, Marathon Asset Management president and CEO; Boaz Weinstein, Saba Capital Management LP founder.
A look at Wednesday's market activity from the trading floor, with Joesph Greco, Meridian Equity Partners, Anthony Grisanti, GRZ Energy and Jim Iuorio, TJM Institutional Services.
"Greece has to default," Kyle Bass said. "It's going to be a hard default, and then it's going to be difficult to contain this contagion."
The euro has taken quite a fall as worries about the debt crisis there have grown, and this strategist says there is more to come.
The Federal Reserve and other central banks are able to go bust and may yet do so, Urs Gmuer, an asset manager at Dolefin, a Swiss investment advisor, told CNBC Tuesday. Instead of printing more money when needed, he said central banks should return to using gold to back their currencies.
CNBC's Maria Bartiromo talks to Laurence Fink, BlackRock chairman & CEO; Pierre Lagrange, GLG Partners LP co-founder; Jim Leech, Ontario Teachers' Pension Plan; and Meredith Whitney, Meredith Whitney Advisory Group CEO, about America's place in the world as new economic powers rise in the East.
The BRICS turn the tables and the Belarussian ruble takes a dive - it's time for your FX Fix.
CNBC's Jim Cramer talks with Treasury Secretary Timothy Geithner about the global economy and what sovereign nations in Europe and around the world are doing to deal with the threat of default.. In this broad-ranging discussion, Geithner tells Cramer growth in the U.S. is weaker than he would like, largely due to the shocks of the past year. The political dysfunction in the U.S. & Europe only adds to the uncertainty, he says.
Prime Minister Silvio Berlusconi's government won a confidence vote on Wednesday in the lower house of parliament on a 54 billion euros ($74 billion) austerity package aimed at staving off financial crisis in Italy.
Markets around the world have been waiting for decisions from euro zone leaders on greater fiscal integration and euro bonds since July.
The US Treasury would effectively accommodate a possible Federal Reserve stimulus to drive down long-term interest rates, according to people familiar with the matter. The FT reports.
As Europe's debt crisis worsens further, one analyst says China may be their only savior.
"The biggest problem we have in Europe and elsewhere at the moment is confidence," Sir Michael Rake, BT Chairman, told CNBC.
Italy's lower house of parliament is expected to approve the centre-right government's much revised austerity plan on Wednesday as Rome struggles to stem a financial market crisis now threatening the whole euro zone.
Everybody's worried about the euro zone, but Turkey gets some good news — it's time for your FX Fix.
Reports that the Italian government has held talks with the Chinese sovereign wealth fund about investing in its debt-laden economy spurred a stock market rally and a boost to the euro Monday.