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The European Union

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  • Stocks Pull Back; Gold Prices Soar Tuesday, 11 May 2010 | 11:01 AM ET

    Stocks retreated as the global rally from the previous session lost momentum and euphoria over Europe's near $1 trillion debt rescue package faded. Gold prices soared.

  • Busch: Clegg, UK's New ‘King-maker?’ Tuesday, 11 May 2010 | 10:58 AM ET

    The UK election just got a lot more interesting in a big negative way for the British pound.

  • EU Rescue Package Creates Moral Hazard: Blanchflower Tuesday, 11 May 2010 | 7:32 AM ET
    The European Debt Crisis - See Complete Coverage

    The markets forced the European Union into its "shock and awe" rescue package, which means they will be tempted to repeat the tactic just to generate returns, David Blanchflower, professor of economics at Dartmouth College, told CNBC Monday.

  • Futures Fall as Worry Replaces Euphoria Tuesday, 11 May 2010 | 6:24 AM ET

    U.S. stock index futures pointed to a lower open Tuesday as the global rally from the previous session lost momentum and euphoria over Europe's near $1 trillion debt rescue package faded.

  • If Greece Is Bear Stearns, Will the UK Be Lehman? Tuesday, 11 May 2010 | 5:57 AM ET
    Debtor Nations

    Monday’s market euphoria across the world at the terms of the European Union/International Monetary Fund rescue package for the European bond market faded Tuesday as investors sold stocks and took profits on the euro. The worry for investors is whether governments in Greece and Portugal can live up to their end of the bargain and manage to significantly cut government spending in the face of bitter opposition from voters.

  • European Rescue Could Work: Nouriel Roubini Tuesday, 11 May 2010 | 5:43 AM ET
    Nouriel Roubini

    The size of the rescue package agreed at the weekend by European Union countries and the IMF is likely to cover the borrowing needs of vulnerable euro zone countries, according to famous economist Nouriel Roubini.

  • After EU Bailout, This Is ‘New Reality’ for Market Monday, 10 May 2010 | 11:18 PM ET

    Cramer tells you how to trade stocks now that the Continent's debt defaults are off the table.

  • Global Markets Rebound Sharply Monday, 10 May 2010 | 3:43 PM ET

    Recall that many global markets and several sectors hit highs in April - before accumulating losses through Friday's trading.

  • Europe's $1 trillion bailout fund might alleviate some of concerns that its debt problems could spread to the US, Philadelphia Fed President Charles Plosser told CNBC Monday

  • Doubts about Europe's $1 trillion bailout prompted many experts to question whether the market rally will be short-lived as well.

  • By establishing a 750 billion euro fund to bailout Greece and aid other struggling governments, Germany and other strong European states are chasing a dream—a single European currency and broader European unity—that may have no place in reality.

  • Bad Money to Drive Out Good: Strategist Monday, 10 May 2010 | 7:13 AM ET
    The European Debt Crisis - See Complete Coverage

    The European emergency rescue package is impressive in scale, but fails to address three key questions, Simon Derrick, chief currency strategist at Bank of New York Mellon, told CNBC Monday.

  • EU Rescue Relief Will Be Short-Lived: Analysts Monday, 10 May 2010 | 6:36 AM ET
    Greek Finance Minister Geoge Papaconstantinou (L), Slovenian Finance Minister Franc Krizanic (C) and Austrian Finance Minister Josef Proell talk before the EU Economy and Finance meeting on May 9, 2010 at the EU headquarters in Brussells.

    The International Monetary Fund and, crucially, the European Central Bank on Sunday unveiled a €720 billion ($936 Billion) emergency rescue package to help stabilize markets and prevent the break-up of the euro.

  • EU Bailout a 'Double-Edged Sword ': Strategist Monday, 10 May 2010 | 5:20 AM ET

    The EU's 500 billion-euro crisis fund will provide 'immediate relief'; however, austerity measures attached to the bailout will harm the growth prospects of the Eurozone, said Beat Lenherr, chief global strategist at LGT Capital Management.

  • And their one main victim: You.

  • Farr: 1000 Points! What The Heck Was That? Friday, 7 May 2010 | 9:41 AM ET

    As the market dropped our team was watching. A car wreck is a much too pleasant analogy. I was at my desk in 1987, 1989, 9/11, 2008, and I’ve never witnessed what I witnessed yesterday.

  • Debt Crisis May Spread to US, Japan: Roubini Friday, 7 May 2010 | 8:34 AM ET
    Nouriel Roubini

    Despite Thursday's unexplained surge in selling that drove the Dow down 900 points, the stock markets are being driven lower by fears over the global economy and the debt crisis spreading, economist Nouriel Roubini, of RGE Monitor, told CNBC Friday.

  • Somebody Should 'Hang' the NYSE: Jim Rogers Friday, 7 May 2010 | 7:31 AM ET
    Jim Rogers

    The suspected erroneous trades that exacerbated the Wall Street's fall on Thursday should be investigated and solutions must be found if the New York Stock exchange is to maintain its reputation, investor Jim Rogers told CNBC late Thursday.

  • Euro Will Collapse Like Tower of Babel: Economist Friday, 7 May 2010 | 4:16 AM ET
    Euro bills and coins

    'Eurocrats' can't see the fanciful construction of the euro is going to collapse, just like the 1930s gold bloc, says this economist.