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  • Why Denmark won’t ‘pull a Switzerland’ Monday, 26 Jan 2015 | 5:44 PM ET
    A Danish two krone coin

    After Switzerland's surprise move to unpeg its franc, speculators are eyeing Denmark's currency peg, but the Danes likely won't follow suit, analysts say.

  • ROME— Italy is making waves by turning stereotypes on their head— and selling the world its more serious side. People here are reacting with surprise at the possibility that Italy may have finally figured out how to market itself abroad— by acknowledging stereotypes only to show a different "Made in Italy" that Italians can be proud of. The ministry of economic...

  • BERLIN— WikiLeaks on Monday criticized Google for failing to swiftly inform the secrets-spilling group about U.S. search warrants issued seeking emails and other personal information from three of its staff. The warrants, issued in March 2012, required the Internet giant to hand over the phone numbers, IP addresses, credit card details, contents of all emails...

  • LONDON, Jan 26- When Mario Draghi announced the European Central Bank's trillion-euro scheme to buy government bonds, he acknowledged that in the round of strategies to revive inflation and boost the economy, the bank had just played its last hand. Asked by reporters what would happen if the plan to purchase 60 billion euros of assets a month for 19 months failed,...

  • PARIS, Jan 26- Greek stocks fell on Monday after anti-austerity party Syriza swept to victory in the polls, though this damage failed to halt a broader rally in European equities driven by the European Central Bank's bond-buying plan. Athens's ATG index was down 1.3 percent at 0922 GMT, led lower by banking stocks such as Piraeus Bank, down 9 percent, and Alpha Bank,...

  • TRIPOLI, Jan 26- Oil output from Libya, where ports and oilfields have been shut due to fighting, has fallen to 363,000 barrels a day with exports at about 200,000, the oil minister appointed by forces in control of the capital Tripoli told Reuters. Its oil minister, Mashallah Zwai, told Reuters in an interview that Libya is producing 362,780 bpd of oil, showing a...

  • FRANKFURT, Jan 25- Deutsche Bank will remember Thursday, Jan. 8 as the start of "Duesselgate," a nickname born not of wrongdoing, but from the shockwaves sent by a speech given in Germany's former industrial heart. "Deutsche Bank is pretty much alone in Europe with this claim," he said only weeks after the group decided to examine its business model from head to toe.

  • NEW DELHI, Jan 25- Signalling his determination to take relations with the United States to a higher level, Indian Prime Minister Narendra Modi broke with protocol to meet and bear-hug U.S. Obama's visit is a fresh bid to make India an enduring strategic partner and he will seek to nurture friendship with a prime minister who a year ago was persona non grata in...

  • NEW DELHI, Jan 25- In a fresh bid to make India an enduring strategic partner, U.S. President Barack Obama landed in New Delhi on Sunday for a highly symbolic visit and to nurture friendship with a prime minister who a year ago was persona non grata in Washington. The United States views India as a vast market and potential counterweight to China's assertiveness in...

  • Unlikely buddies Obama and Modi aim high on India trip Saturday, 24 Jan 2015 | 1:59 PM ET

    NEW DELHI, Jan 25- In a fresh bid to make India an enduring strategic partner, U.S. President Barack Obama lands in New Delhi on Sunday for a highly symbolic parade and to nurture friendship with a prime minister who until last year was persona non grata in Washington. The United States views India as a vast market and potential counterweight to China's...

  • *BlackRock chief points to more pessimistic mood in Davos. Two days after the European Central Bank launched a bold bond-buying drive to revive inflation in the euro zone, a top ECB official warned that Europe's common currency project could come unstuck if the bloc limped on with sluggish growth and mass unemployment. Reviewing the global economic outlook at...

  • Global economy hopes raised after European stimulus Saturday, 24 Jan 2015 | 8:51 AM ET

    DAVOS, Switzerland— The global economic outlook just got brighter after this week's big stimulus from the European Central Bank, leading policymakers from around the world said Saturday. In a panel at the World Economic Forum in Davos, they said a perkier Europe, coupled with a prolonged period of low oil prices, could help shore up the global economy following a...

  • DAVOS, Switzerland, Jan 24- Weak growth and high unemployment are weakening Europe's single currency project and it is up to politicians to act following the decision by the ECB this week to launch a quantitative easing programme, ECB board member Benoit Coeure said. "We can't do everything for Europe, we did our part on Thursday, others have to do their part.

  • DAVOS, Switzerland— Ukraine will focus on fixing its huge problem of corruption as it tries to convince its international rescue creditors to give it more loans, a government official said Saturday. The economy and public finances of Ukraine have been drained by uncertainty over the country's future amid a war in its eastern region. The country got bailout...

  • War is exploding anew in Ukraine; rebels vow more Saturday, 24 Jan 2015 | 5:35 AM ET
    Ukrainian army forces patrol in the Tonenkoe town near Donetsk International Airport

    Unexpectedly, at the height of the Ukrainian winter, war has exploded anew on a half-dozen fronts across eastern Ukraine. The New York Times reports.

  • LISBON, Portugal— The fate of the European Central Bank's aggressive plan to stimulate the economy out of stagnation lies with the 340 million people in the 19- country euro alliance. The ECB plans to pump more than 1 trillion euros in new money into the region's economy. —Mario Polegato, billionaire chairman of Italian shoe company Geox SpA:.

  • DIARY- Top Economic Events to Feb 10 Friday, 23 Jan 2015 | 7:00 PM ET

    DAVOS, Switzerland- Bank of England Governor Mark Carney to take part in panel discussion on "The Global Economic Outlook"- 1500 GMT. **DUSSELDORF, Germany- Deutsche Bundesbank board member Joachim Nagel speaks at the annual conference of the German-Chinese Economy, organized by Handelsblatt and HSBC- 1400 GMT. LUXEMBOURG- Central Bank of Luxembourg Governor and...

  • Davos blog: CEOs and politicians debate QE and oil Friday, 23 Jan 2015 | 12:23 PM ET
    Snowcapped mountains set the scene for the World Economic Forum in Davos, Switzerland.

    News of the bigger-than-expected bond-buying program in Europe dominated discussions at the final day of the World Economic Forum in Davos.

  • LONDON, Jan 23- Global banking supervisors are reviewing a rule that allows banks to hold little or no capital against risky sovereign debt held on their books. The so-called zero-risk weighting rule was heavily criticized during the euro zone debt crisis when several countries in the single currency area had to be bailed out. The reasoning is that a country can...

  • Cooperation in Washington DOA? Not so fast Friday, 23 Jan 2015 | 10:36 AM ET
    Speaker of the House John Boehner (R) listens to President Barack Obama deliver the State of the Union address on January 20, 2015 in the House Chamber of the U.S. Capitol in Washington, DC.

    Many pundits have written off cooperation between Obama and the GOP-controlled Congress. But not so fast, says Scott Paul.