Jim Cramer says to stop kidding ourselves, the U.S. is linked to China and the damage could make Greece look like nothing.» Read More
The euro zone will end up issuing joint Euro Bonds, which would help support weaker members, Irish Finance Minister Michael Noonan told CNBC Wednesday.
Try as we might we cannot escape the euro zone crisis and its impact worldwide. Perhaps EU governments should be happy when they observe the President of the United States visiting the Prime Minister of Australia and taking time out to comment on the euro. In true Wildean fashion, it’s always better to be talked about…
Brussels will on Wednesday propose measures giving it more authority over the national budgets of euro zone states, including a requirement to submit tax and spending plans to European Union authorities before their national parliaments. The FT reports.
Holiday shopping is being held out as a potential bright spot for markets, discouraged by failure in Washington and fumbling in Europe.
Jefferies finally seems to be winning the battle against its critics—and the shorts.
European leaders are reportedly preparing a plan to “strengthen” the European Union in advance of a Dec. 9 meeting in Brussels. One of the plans they are considering is “centralized” fiscal oversight.
Following the daily swings of the euro zone debt crisis, it can be difficult to focus on the long-term, bigger picture.
Borrowing costs for so-called core members of the euro zone like France, Austria, Belgium and the Netherlands have been rising sharply in recent weeks as investors bet the problems facing peripheral members of the euro zone will not be contained.
The pain of a euro zone breakup would be too great, this strategist says, and Europeans know it.
U.S. futures and European stocks are just off their lows for the day on more tail risk in Europe and the failure of the U.S. debt-reduction committee to come to an agreement.
It is perfectly obvious that the euro zone cannot run as it is without fiscal union and a surrender of sovereignty, Lord Digby Jones, former director general at the Confederation of British Industry told CNBC Monday.
Unemployment recently hit a 15-year high in the UK, inflation is hovering around 5 percent and economic growth is barely advancing, leaving many to wonder whether hosting an expensive event like the 2012 Olympic Games with taxpayers’ money will bring benefits for a nation already tightening its belt.
The crisis in the euro zone has exposed the flaws of the 17-member currency union, and its leaders will need to take urgent action if they want the euro to survive, Warren Buffett told CNBC on Monday.
The message from Germany is clear: there will be no bailout of the euro zone via monetizing debt through bond purchases by the European Central Bank. This stance, according to Chris Tinker, an equity strategist at Libra Investment Services in London, means higher borrowing costs acting as a mechanism for pushing through structural reforms.
Ireland is viewed by many on the outside as the best performer from the struggling euro zone peripheral economies, but there are plenty of voices within the country who doubt this can continue.
If a week is a long time in politics, two weeks covering affairs of state in Italy can seem like an eternity. Maybe that's why Rome got its moniker, but having covered the fall of Berlusconi and the rise of Monti's technocrats, there's some relief things moved along quicker than I and investors feared.
Signals of market stress are increasing, with a growing number of measures now flashing yellow and some on the verge of flashing red. The longer this persists, the greater the risk of very large market moves - in either direction, depending on the economic and financial catalysts.
Investor attention will swing between the U.S. and Europe as politicians on both sides of the Atlantic struggle with debt and deficits that hang like a threatening pendulum over markets.
Will Mario Draghi turn the ECB loose? Yields on Spanish, Italian and French debt spike. Making money off Draghi's next move, with CNBC's Melissa Lee and the Money in Motion traders. And is gold losing its luster, with Dennis Gartman, The Gartman Letter.
How much of a threat is what's happening in the Eurozone to the US market, with James Moffett, Scout Investments, and Kathy Jones, Charles Schwab.