The call came at the end of a week in which the U.S. and the European Union increased sanctions against Russia.» Read More
Scott Budman, KNTV reports the Supreme Court will hear Arizona's controversial immigration case, with NBC's Pete Williams. Also, Canada is pulling out of the Kyoto Protocol; MF Global's former CEO, Jon Corzine, will testify at a Senate subcommittee on Tuesday; and New Jersey Nets owner and Russian billionaire, Mikhail Prokhorov intends to run against Vladmir Putin for president of Russia.
A look at how the slump in emerging market is causing a drop in commodities, and how to trade it, with the Fast Money traders.
In the fiscal accord, the nations that use the euro essentially agreed to go back to Plan A — that is, the principles and rules with which they created their common currency two decades ago.
Keith McCullough, CEO Hedgeye Risk Management, discusses what's happening in China and Russia, and says he's back to bullish on U.S. stocks in the intermediate term.
Once the master of a booming euro zone universe spanning Greece, Italy and Germany, the European bond trader now presides over a shrunken, fear-struck market — and might well lose his job by the end of the year. The New York Times reports.
Emerging markets have had a bad year, but market pros still see investing in countries in South America, Asia and elsewhere as reliable long-term plays.
Russian stocks crater on anti-Putin protests, with Tim Seymour, Emergingmoney.com
Russian voters streamed to the polls on Sunday in a parliamentary election that has shaped up as a referendum on the governing party and Prime Minister Vladimir V. Putin as he prepares to return to the presidency next year, reports the New York Times.
Plamen Monovski, Chief Investment Officer at Renaissance Asset Managers says Russian stocks are either the world's best or worst performing and after doing poorly in 2011, he expects stocks to rise 50-80% in 2012.
A move announced by central bankers on Wednesday to contain the European debt crisis resulted in euphoria in global stock markets, but it also prompted skeptics to wonder: will this time be different? The New York Times reports.
The world's central bankers have shown they've learned a lot from the 2008 financial crisis by taking coordinated action Wednesday to ease strains on the financial system, Goldman Sachs Asset Management CEO Jim O'Neill told CNBC Wednesday.
The Western world has run out of ideas and is "finished financially" while emerging economies across the world will continue to grow, David Murrin, CIO at Emergent Asset Management told CNBC on the tenth anniversary of coining of the so-called BRIC nations of Brazil, Russia, India and China, by Goldman Sachs' Jim O'Neill.
Measures taken by the Indian government to open up the country to foreign investment could see it match Chinese growth rates, Goldman Sachs’ Chairman Jim O’Neill told CNBC Wednesday.
In a stern pronouncement, Moody’s Investors Service this week warned of rising prospects for multiple defaults by countries in the euro zone and credit rating downgrades of nations across Europe if leaders should fail to resolve the spreading debt crisis. The NYT reports.
About $200 million in customer money that vanished from MF Global is believed to have surfaced at JPMorgan Chase in Britain, according to people briefed on the matter. The New York Times reports.
As the European debt crisis threatens to engulf even France along with Italy and Spain, Bernard Connolly's longstanding proposition that a common currency for the region would end in ruin is getting a wider hearing.
UniCredit will ask the European Central Bank to increase access to ECB borrowing for Italian banks at a meeting on Wednesday, a source close to the bank said, highlighting funding concerns among the country's lenders.
Europe’s banking sector is ready for a shake-up as its largest financial institutions try to slim down their operations in response to the sovereign debt crisis. The NY Times repeorts.
The Group of 20 is seeking to meet again, possibly before Christmas, with the aim of resurrecting a deal to provide an international firewall around Greece, G20 sources have told the Financial Times, saying negotiators at the Cannes summit had been close to an agreement.
Roman Abramovich, the billionaire owner of Chelsea football club, conceded he used business practices that were common but “not very ethical” during the early 1990s in Russia as his business progressed from the manufacture of plastic toy ducks into what would become an oil and metals empire.