Bernard Lietaer, professor of Sustainable Territorial Development Program at the Pantheon-Sorbonne University, discusses Greece's rejection of the bailout terms put forward by its creditors.» Read More
Nationalizing insolvent US banks is the best solution to avoid a Japan-like scenario in which 'zombie' financial institutions would eat up public resources while the US economy would teeter on the brink of depression, Nouriel Roubini, economics professor at NYU and chairman at RGE Monitor told CNBC Tuesday.
The most obvious pothole on the road to reparation is mark-to-market valuation; and it remains a mystery to me as to why this less than two-year old accounting rule remains the most ignored portion of debate.
It doesn’t take a huge amount of bad news to push investors back into the safe arms of the bond market these days.
If stock markets are about poetry (and certainly more tragedy than comedy these days) bond markets are a lot more about prose. So it’s easy to see the iron in the fact that the finances of the nation of poets is coming under real and sustained pressure not from what’s happened in its equity markets, but rather its debt.
This sector's taken a bit hit lately. But if Washington smiles on this alternative fuel, at least one stock might do well.
The euro will not be around in the next 20 years, but Britain would have been better off had it joined the single European currency when it had a chance, legendary investor Jim Rogers told a British newspaper.
Voices in favor of nationalizing major UK banks to save them from a mauling in the markets strengthened, sending banks' share prices into a roller coaster of hope and dismay.
The woman who pulled in European money for Bernie Madoff has disappeared from view, the New York Times reports.
And that means a chance at big returns for investors, Cramer says.
A European Union high court on Tuesday scrapped a trademark for Anheuser-Busch's famous "Bud" beer name in Europe, handing a legal victory to Czech rival Budvar.
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.
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.
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.
U.S. President-elect Barack Obama got a write-in vote in the north-eastern city of Iasi in Romania, where a disgruntled voter preferred him to seven local politicians competing for seats in parliament, Romanian news agency Rompres reported Monday.
Don’t heed the hype. This weekend’s G20 Summit will not, and cannot live up the hopes that a new financial architecture will be unveiled. It will likely be little more than a photo opportunity for the political class to demonstrate to their people that they are doing some about the global crisis.
The Bank of England slashed its key interest rate by one-and-a-half percentage points -- the biggest cut since it became independent in 1997 -- to 3 percent Thursday as recession fears heightened and despite inflation hovering above 5 percent.
British recruiters reported a record fall in job appointments and the first drop in wages for five years in October, according to a survey published by industry group the Recruitment and Employment Confederation with KPMG.
European building materials and construction stocks could be big gainers from a Barack Obama win in Tuesday's U.S. presidential election, while defence companies would get a boost if rival John McCain won, analysts said.
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.
If Europe, Britain and China don't cut interest rates, we could be in some real trouble.