Brazil dropped four places to 31st out of 50 countries, in BlackRock's quarterly Sovereign Risk Index.» Read More
"What will be interesting to see from this week's meeting will be the new scenario for the French economy. We know from the figures we had ten days ago that the growth figures were zero in the second quarter, so we know growth for the year will be between 1.5 percent and 1.7 percent, which is below the 2 percent which was expected by the government at the beginning of the year," Philippe Waechter, head of economic research at Natixis Asset Management, told CNBC's Investing Edge. "We don't know the measures that will be presented [to reduce the budget deficit], but we will start to have some new ways to think about it," he added.
After all the market volatility in the past few weeks, and the move by four European nations to ban short selling, should US regulators ban short-selling, too? Click here to vote.
Double dip may be back. It has been three decades since the United States suffered a recession that followed on the heels of the previous one. But it could be happening again, the New York Times reports.
Let's make this quite clear: there is no need for the markets to get spooked by German Finance Minister Wolfgang Schaeuble's comments about "no carte blanche for ESFS bond buying".
Can a bailout fund whose backers include some of the countries it may be called upon to bail out really succeed? The NYT reports.
European leaders on Thursday clinched a new rescue plan for Greece that could push the country into default on some debt but would also give Europe’s bailout fund new powers to aid struggling economies, the NY TImes reports
Finding a solution to the euro zone crisis is such a complex task that investors, as well as many citizens of the European Union, have grown disgruntled with attempts to sort out the debt.
After yet another midnight wait for a more or less cryptic "policy" statement by EU officials, CNBC puts together a translation of the hermetic euro policy language into plain English.
Bond traders and officials at the European Central Bank have been unified in their warnings that a restructuring of Greece’s debt would set off an investor panic similar to the one that followed the bankruptcy of Lehman Brothers, the New York Times reports.
Belgium became the latest small European nation to come under the cloud of having its credit ratings outlook cut on Monday. As rating agencies themselves are increasingly criticized, is this the threat it once was?
The French finance minister, Christine Lagarde, was on a panel at the World Economic Forum in Davos this January when her usual smile turned into a frown. Next to her, Robert E. Diamond Jr., chief executive of Barclays and one of the most powerful bankers in the world, thanked regulators and finance ministers for their role in shaping a better environment after the financial crisis.
Restructuring Greece’s debt is both desirable and inevitable, despite insistence from European Union officials over the weekend that the idea is off the table, reports the New York Times.
The most sought-after pundits have been signed to long-term contracts worth over $100,000; some even have deals with several outlets. "As long as you have an English accent," one expert joked, "you'll work." The New York Times reports.
At least two sons of Col. Muammar el-Gaddafi are proposing a resolution to the Libyan conflict that would entail pushing their father aside to make way for a transition to a constitutional democracy under the direction of his son Seif al-Islam el-Qaddafi, a diplomat and a Libyan official briefed on the plan said Sunday, the New York Times reported.
As Europe struggles to come to grips with its debt crisis, which has deepened with the collapse of Portugal’s government after it pushed for yet another round of budget cuts, three numbers stand out: 12.4, 9.8 and 7.8, reports the New York Times.
As Japan’s nuclear crisis intensified Wednesday, governments across Europe remained at odds over whether to scale back nuclear power programs or continue plans to expand, reports the New York Times.
Many economists think he should be the next person to run the European Central Bank. But among government leaders in Berlin and Paris, where many of Europe’s most important decisions are made, Mario Draghi, the governor of the Bank of Italy, generates a palpable lack of enthusiasm, reports the New York Times.
A new law devised to help Greece crack down on tax cheats is only one of the many efforts Greek authorities have made over the past year to change what has long been a way of life in this country — rampant tax evasion. But so far, to little avail. The New York Times reports.
The Egyptian military defends the country, but it also runs day care centers and beach resorts. Since the ouster last week of President Hosni Mubarak, of course, the military also runs the government. And some say it has already begun taking steps to protect the privileges of its gated economy, reports the New York Times.
Spanish savings banks, which have been ordered to raise more capital by the government, are facing an uphill struggle to persuade investors to help them improve their balance sheets, reports the New York Times.