Moody's Investors Service could cut the ratings on up to 16 Russian banks, the credit ratings agency warned on Tuesday.» Read More
“The rise has gone unnoticed because all the attention was on wheat,” Abdolreza Abbassian, senior grain economist at the United Nations’ Food and Agriculture Organization in Rome, told the Financial Times.
The governor of the Hungarian Central Bank has it worse than most. Not only has the new government placed the blame on him, among others, for Hungary's stagnant economy, it has slashed his salary by 75 percent. The NYT reports.
A week after the authorities released results of stress tests on the largest European banks, market data is starting to provide an indication of whether the exercise had the desired effect on confidence. The answer: sort of. The NYT explains.
"They have a huge informal economy. Informal economies don't pay taxes but people eventually show up as they get older looking for pension and looking for health care," Edward Hugh, nicknamed "Europe's prophet of doom," told CNBC.
The financial crisis might have sapped Europe's growth for a long time, and there are fears that the slowdown is permanent, Polish central bank governor Marek Belka told TVN CNBC Tuesday.
Japan is vulnerable to a sovereign debt crisis in five to 10 years from now, warned Kenneth Rogoff, former chief economist the International Monetary Fund.
One energy name gets an upgrade and the analyst who made the call explains why he likes this space.
One of the major topics of conversation at the just-concluded economic forum in St. Petersburg, Russia, was energy, specifically oil and the situation in the Gulf. That’s not surprising, as Russia is very rich in oil, natural gas and other commodities.
Guess what? The funniest thing happened in Europe on Thursday. A new country joined (yes, joined) the euro zone. And the mood here was upbeat. Estonia will begin using the euro on Jan. 1.
Cramer lists the stocks with “jaw-droppingly low valuations.”
The market had plenty of reasons to rally but the bulls just couldn’t keep it together and by the close the Dow surrendered a triple digit gain.
Cramer identifies some of the best high-yielding stocks at discount prices.
A weak jobs report hobbled the US’ ability to counterbalance the Continent’s debt troubles. Now investors must keep an even closer watch on the EU.
Over the past few weeks we've heard a great deal about a slowdown in Europe dragging down the globe, so why is Germany's stock market making gains?
With S&P stalling at 1105, Guy Adami fears what was once support becomes resistance.
Why he thinks selling $2 trillion worth of 30-year Treasuries would help.
The Mad Money host remains cautious of a European collapse, but still wants you to stay in the game.
Latvia was one of the first European countries to introduce austerity measures almost two years ago as a condition of tapping the International Monetary Fund for emergency funding.
Organizers expect 800-1,000 blondes to participate in the parade on Saturday to show that they really do have more fun. They also hope the event will bring positive energy to Latvia, which is forecast to see its economy contract by 3.5 percent in 2010.
Maybe, if the European Union does nothing to stem its crisis, Asian economies screech to a halt and the US dollar reaches parity with the euro.