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The European Union

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  • EU Regulators Drop MasterCard Fine Wednesday, 1 Apr 2009 | 7:12 AM ET

    European Union regulators said Wednesday they would drop a threat to fine MasterCard after the company promised to temporarily cut fees it charges for cross-border card purchases which can hike costs for shops.

  • Why Europe Resists Printing Euros Wednesday, 25 Mar 2009 | 4:53 AM ET

    With other central banks acting to create money out of thin air because they cannot lower short-term interest rates any further, the ECB remains wary of the specter of inflation.

  • M1 MilkPS coffee machine.

    The European Commission was embarrassed when The International Herald Tribune reported last December that the commission had bought 21 deluxe espresso makers costing 5,000 euros each, then about $7,500.

  • The leaders of the European Union gathered Sunday in Brussels in an emergency summit meeting that seemed to highlight the very worries it was designed to calm: that the world economic crisis has unleashed forces threatening to split Europe into rival camps. The New York Times reports.

  • As it Falters, Eastern Europe Raises Risks Tuesday, 24 Feb 2009 | 8:02 AM ET
    Map of Europe

    The development boom that turned Poland, Hungary and other former Soviet satellites into some of Europe’s hottest markets is on the verge of going bust, raising worrisome new risks for the global financial system that may ricochet back to the United States.

  • Dr. Doom: Nationalizing Banks is 'Market Friendly' Tuesday, 24 Feb 2009 | 6:31 AM ET
    Credit Crisis

    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.

  • Baccardax: Here's How to Fix this Mess Monday, 23 Feb 2009 | 9:14 AM ET

    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.

  • Baccardax: Eastern Europe Could Dump Gold Wednesday, 18 Feb 2009 | 9:15 AM ET
    Gold Bars

    It doesn’t take a huge amount of bad news to push investors back into the safe arms of the bond market these days.

  • Baccardax: The Wrong Irish Referendum Monday, 16 Feb 2009 | 8:13 AM ET

    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.

  • If Obama Blesses Natural Gas... Monday, 2 Feb 2009 | 9:22 PM ET

    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 Won't Be around in 20 Years: Jim Rogers Monday, 26 Jan 2009 | 3:24 AM ET

    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.

  • Is UK Banks Nationalization Inevitable? Thursday, 22 Jan 2009 | 11:56 AM ET

    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.

  • Russian Oligarchs Also Duped by Madoff: Report Wednesday, 7 Jan 2009 | 4:58 AM ET
    Bernie Madoff

    The woman who pulled in European money for Bernie Madoff has disappeared from view, the New York Times reports.

  • Stop Trading!: China 'Gearing Up' for Big Return Monday, 22 Dec 2008 | 3:18 PM ET

    And that means a chance at big returns for investors, Cramer says.

  • Court Scraps EU Trademark on Bud Beer Tuesday, 16 Dec 2008 | 7:13 AM ET
    Budweiser Beer

    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.

  • As Rates Race to Zero, Printing Presses Gear Up Tuesday, 16 Dec 2008 | 2:18 AM ET

    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.

  • 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.

  • Obama Gets Write-in Vote in Romania Monday, 1 Dec 2008 | 7:26 AM ET

    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.