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  • Tube Strike in London Will Cost $180 million Wednesday, 10 Jun 2009 | 8:31 AM ET

    Underground transportation strikes that are taking place in the UK Wednesday and Thursday could cost the nation £110 million ($180 million).

  • UK Industrial Output Posts First Rise Since Feb '08 Wednesday, 10 Jun 2009 | 5:30 AM ET

    British industrial output rose unexpectedly in April and for the first time in more than a  year, official data showed on Wednesday, raising the prospect  that the economy could exit  ecession as early as this quarter.

  • European Banks Upgraded to 'Overweight': KBW Monday, 8 Jun 2009 | 9:39 AM ET

    European banks still have upside potential despite the recent rally, as the worst is over for the continent's financial institutions, analysts at financial services investment bank KBW, who upgraded the European banking sector to 'Overweight', said Monday.

  • UK Government is Shaken, Not Just Stirred Wednesday, 3 Jun 2009 | 9:08 AM ET

    The burgeoning British scandal over the misuse of government expense accounts is claiming its first major victims and setting the stage for a major shake-up in the country's leadership.

  • Will the London Games Be the 'Recession Olympics'? Friday, 29 May 2009 | 8:17 AM ET
    Proposed Olympic Stadium for 2012 Olympic Games, Stratford, east London, England.

    With public debt swelling and the British taxpayer having to foot the bill for once-almighty banks such as the Royal Bank of Scotland or Lloyds, the 2012 London Olympic Games are posing a considerable challenge to a city that celebrated wildly in 2005 when it trumped Paris's bid to host the prestigious sports event.

  • Fears about a downgrade of the US credit rating are premature, but not entirely unwarranted after Britain's outlook was cut to negative, analysts told CNBC.

  • UK Faces Very Real Risk of Losing AAA Thursday, 21 May 2009 | 7:38 AM ET

    S&P cuts outlook and government action will be needed to keep the top-tier rating, analysts said.

  • UK's 'AAA' Under Threat? Thursday, 21 May 2009 | 5:29 AM ET

    Standard & Poor's cut its outlook on the UK to negative Thursday, noting that "the net general government debt burden could approach 100 percent of GDP and remain near that level in the medium term."

  • Another Bottom for Stocks Coming: Rogers Wednesday, 20 May 2009 | 8:32 AM ET
    False bottom

    The stock market may hit new lows this year or the next as the current rally has been largely caused by the money printed by central banks and fundamental problems remain unsolved, legendary investor Jim Rogers told CNBC Wednesday.

  • Wealth Funds Aren't as Wealthy After All: Report Wednesday, 20 May 2009 | 6:29 AM ET

    The fall in asset prices brought on by the financial crisis has shrunk the size of sovereign wealth funds belonging to oil-rich countries and Asian exporters, the World Street Journal reported on Wednesday on its Web site.

  • Dr. Doom: Capitalism Could Fail Like Communism Friday, 15 May 2009 | 8:33 AM ET
    Fall of the Berlin Wall

    A sustainable recovery will occur only when the corporate system will be cleaned of losses and capitalism risks collapsing if this does not happen, Marc Faber, the author of "The Gloom, Boom & Doom Report," told CNBC Friday.

  • Cutmore: Marc Faber on Armageddon Friday, 15 May 2009 | 6:13 AM ET

    Prepare for War, the Death of capitalism and Bankruptcy of the US Government (not necessarily in that order). A vintage performance from the author of "The Gloom, Boom & Doom Report".

  • Poll: Will Capitalism Fail? Friday, 15 May 2009 | 5:38 AM ET

    Renowned bear Marc Faber, author of "The Gloom, Boom & Doom Report," told CNBC that capitalism risks failing like communism unless the free market is allowed to clean up troubled companies.

  • Dr. Doom: Money Printing Pushed Stocks Up Friday, 15 May 2009 | 4:07 AM ET
    Marc Faber

    Major central banks' efforts to lift the world economy by printing money have boosted asset prices, so stocks are unlikely to hit their lows from November and March, Marc Faber, the author of "The Gloom, Boom & Doom Report," wrote in his latest research report.

  • You've Missed the Rally: Analysts Thursday, 14 May 2009 | 8:34 AM ET

    The recent rally in stocks has run out of steam and there are no reasons for it to come back, two analysts told CNBC Thursday.

  • Crescenzi On Libor: More Magic To Come Tuesday, 5 May 2009 | 9:27 AM ET
    Tony Crescenzi

    I have been anticipating for many weeks a break in Libor through its record low and it broke through at this morning's setting. Further declines likely lie ahead, says bond expert Tony Crescenzi.

  • London Worries over Financial Powerhouse Future Wednesday, 29 Apr 2009 | 6:27 AM ET

    At a time when Britain more than ever needs a financial sector firing on all cylinders, its economic engine is conking out — for a number of reasons, including some that critics blame on the government.

  • Bonds Show 'Terrifying' Economic Weakness: Hendry Tuesday, 28 Apr 2009 | 9:18 AM ET

    The recent rise in stocks and talk about green shoots in the markets are optimistic assumptions, as the world downturn "still has a way to run," Hugh Hendry, Chief Investment Officer at Eclectica, told CNBC Tuesday.

  • Hendry: Why the Fed Is My Friend and Buffett Is Wrong Tuesday, 28 Apr 2009 | 6:03 AM ET

    "As the Fed and the BOE have become more sane by printing money the so called gurus like Soros and Buffett suffer a deficit of sanity. They are saying the actions of these central banks will lead to inflation. I contest that," Hugh Hendry told CNBC.

  • UK Means More than Financial Services: Minister Thursday, 23 Apr 2009 | 7:50 AM ET

    Concessions must be made to boost the economy over the long-term, UK Minister of Trade and Investment, Mervyn Davies, UK Minister of Trade and Investment, told CNBC Thursday, one day after Labor announced a budget which was widely criticized.