ATHENS, Greece— A Greek journalists' union and the government have condemned the arrest of a journalist over an opinion column about a member of parliament. Right-wing Independent Greeks lawmaker Rachel Makri made a libel complaint against journalist Despina Kontaraki over her comments in the Sunday edition of Eleftheros Typos newspaper.» Read More
The Russia Forum, held in Moscow each February, brings together politicians and business leaders to discuss investing in this vast resource-rich country.
The anxious exchange of statements and explicit threats between the U.S. and Iran mark a notable escalation and leave the energy markets struggling to understand the implications.
In 2011 investors had a lot to worry about. The euro zone crisis, credit rating downgrades, slowing growth, crisis in North Africa and the tragic nuclear and natural disasters which hit Japan all led to a relentless 12 months of market volatility.
The brawl has made for cracking entertainment. It's been a super-fun read. But it's time for government officials in the United Kingdom and France to shut their traps and get their heads back into the game of saving the euro zone's economy.
Another week, another euro zone crisis! It feels as if this crisis is never ending, self perpetuating until an eventual Armageddon that will at the very best end with the break-up of the euro zone and at the very worst in World War III.
Markets appear to have high hopes for this week’s summit meeting in Europe to begin putting an end to the financial crisis. Yet there’s ample reason to believe the market’s hopes will be dashed again. Here's why.
After a week that saw stocks fall heavily and euro zone borrowing costs rise sharply, a report in the Italian press highlighted just how eager for some kind of action the market is.
Guess where we'll be getting our cues from this week. From the bond markets and the politicians! Tadaaa! Fantastic! So something new to look for then! Unfortunately...not the case. Glancing at the agenda, the most important political event to be aware of is the Euro group meeting of Finance Ministers on Tuesday.
The euro zone's formidable couple—Merkozy, as the media calls German Chancellor Angela Merkel and French President Nicolas Sarkozy—were on the brink of divorce more than once.
With stocks in Europe and the U.S. falling to 7-week lows and plenty of gloom around, investors may be hard-pressed to find cheer this Thanksgiving. But if you were forced, in between Turkey bites, to list some reasons to be thankful for, we’re offering you five.
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.
Groucho Marx once said that money frees you from doing things you dislike. “Since I dislike doing nearly everything, money is handy,” said the Marx Brother.
Those looking for firm action in the final G20 communique would have had a hard time finding much to get their teeth into.
The European council of heads of states have met 7 times this year and still have another meeting in the diary. Europe’s finance ministers have met 11 times and plan two more before the year is out.
The month of October has been unbelievably bullish for stocks regardless of the mess that Europe still finds itself in and the recession worries everyone keeps talking about.
It’s getting colder in London. We had a lingering summer, but that is over. Not such a great time to be on the streets for any longer than you have to. The central heating goes on and the thick duvet is very welcome.
At a time when the British newspaper industry is under attack from allegations of phone hacking and declining revenues, its power to move markets seems to be as high as ever – even in newspapers not known for their business reporting.
The cautious are paying for the profligate, not only by sacrificing their tax money to save banks from collapse but by seeing their savings eroded by negative interest rates.
Most people who have a mortgage are doing very nicely, thank you very much, out of lower interest rates.
Euro zone leaders are expected to come up with a substantive plan to solve the area’s crippling debt crisis by the time of the G20 leaders summit in Cannes on Nov. 3. At the back of every investor’s mind is the thought that we could be setting ourselves up for a big fall.
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