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Davos - World Economic Forum

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  • Cost of EU Rises, Even as Countries Make Cuts Friday, 8 Oct 2010 | 4:52 AM ET
    People demonstrate to say ''no to austerity'', in Brussels. Police threw a ring of steel around EU headquarters as tens of thousands in a sea of banners from across Europe took to the streets in a worker backlash against painful spending cuts. The protest, the biggest such march since 2001 when 80,000 people invaded the Belgian capital, was timed to coincide with an EU plan to fine governments running up deficits.

    Despite mounting public protests across the Continent, an austerity drive unparalleled in modern, united Europe is building, reports the New York Times.

  • Amid Austerity, Britain Keeps Welfare for Well-Off Friday, 1 Oct 2010 | 6:19 AM ET

    Every week without fail Lucy Elkin, a comfortably middle-class mother of two small children, receives a £33.20 child benefit payment, or about $52, from the debt-plagued British government, reports the New York Times.

  • Young Greeks Seek Options Elsewhere Wednesday, 15 Sep 2010 | 5:47 AM ET

    In two weeks, Alexandra Mallosi, 29, will be packing her bags and leaving the quiet Athens suburb of Holargos for Abu Dhabi to start a job as a hotel sales manager. It was not a tough decision, reports the New York Times.

  • Halal Foods Expand Reach in France Thursday, 9 Sep 2010 | 4:57 AM ET

    For years, Anissa Benchamacha bought her meat in a parking lot, from vendors hawking near-expired products to Muslims eager to find food that met their religious requirements.

  • US Falls Down Competitiveness League Table Thursday, 9 Sep 2010 | 4:01 AM ET

    The United States fell two places to fourth position behind Switzerland, Sweden and Singapore in this year's World Economic Forum's "Global Competitiveness Report."

  • Switzerland

    The central bank reported that it lost 4.2 billion Swiss francs ($4.0 billion) in the second quarter, partly from its bid to check the rise of the Swiss franc against the weakening euro.

  • The Age of Austerity Challenges Stonehenge Thursday, 12 Aug 2010 | 11:04 AM ET
    Stonehenge, England

    The prehistoric monument of Stonehenge stands tall in the British countryside as one of the last remnants of the Neolithic Age. Recently it has also become the latest symbol of another era: the new fiscal austerity. The NYT reports.

  • European Bank Stress Tests Worked: Sort Of Saturday, 31 Jul 2010 | 12:20 PM ET
    Map of Europe

    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.

  • Fears Rise in Europe Over Potential Deflation Monday, 31 May 2010 | 10:54 AM ET

    If the European Central Bank has one monetary dragon it considers essential to slay, it is inflation.

  • Greece Gets Help, but Is It Enough? Sunday, 2 May 2010 | 10:13 PM ET
    Euro bills and coins in cash register tray

    Greece announced Sunday a long-delayed rescue package that will require years of painful fiscal belt-tightening, but the deal probably will not defuse the potential threats to other European countries, The New York Times reports.

  • Greece Gets Help, but Is It Enough? Sunday, 2 May 2010 | 8:54 PM ET
    Euro bills and coins in cash register tray

    Greece announced Sunday a long-delayed rescue package that will require years of painful fiscal belt-tightening, but the deal probably will not defuse the potential threats to other European countries, The New York Times reports.

  • Speculators have begun to zero in on another small member of Europe’s troubled monetary zone, the New York Times reported, highlighting the same economic flaw that brought Greece to the verge of insolvency.

  • Roubini Get Picky With New Nickname Friday, 12 Feb 2010 | 7:24 AM ET

    When renowned economist Nouriel Roubini said he wanted a new nickname because "Dr. Doom" was coming across a bit too negative, CNBC.com users duly stepped in to help the New York University Professor and chose "Roubini the Realist" as his new handle.

  • What Roubini Thinks of His New Nickname Thursday, 4 Feb 2010 | 5:52 AM ET

    New York University Professor and economist Nouriel Roubini's preferred nickname is close to the one CNBC.com readers chose for him.

  • Helping Haiti Wednesday, 3 Feb 2010 | 2:53 PM ET

    Former U.S. President Bill Clinton and UN Special Envoy to Haiti made a big push for immediate aid and sustained investment to assist the Caribbean country. Since the devastating earthquake struck the poor nation in January 12th, the death toll estimated at 170,000 and one million left homeless.

  • Doom No More: Roubini's New Nickname Revealed Tuesday, 2 Feb 2010 | 6:52 PM ET

    Readers and viewers weigh in on their choices for a new nickname for Noriel Roubini.

  • Google Goes Mobile Tuesday, 2 Feb 2010 | 3:57 PM ET

    Maria Bartiromo caught up with Google's President of Global Sales Operations & Business Development Nikesh Arora at the World Economic Forum's annual meeting.

  • Vaccinating The World Monday, 1 Feb 2010 | 4:01 PM ET
    Davos, Switzerland

    The headlines at the World Economic Forum's annual meeting in Davos were dominated by banking regulation and reform, the shape of the recovery and Greece's Euro crisis. But it wasn't all about government, business and the economy, Bill and Melinda Gates announced that their foundation was committing $10B over the next 10 years to help research, develop and deliver vaccines for the world's poorest countries.

  • Ghosn Drives Toward Growth Monday, 1 Feb 2010 | 2:35 PM ET

    Automakers around the world have found some stabilization after trying to stabilize in 2009 in which the industry saw big players die, merge and shrink. But Renault-Nissan CEO Carlos Ghosn is optimistic, believing the sector will see gradual growth in the new year in every market except Europe.

  • How Critical Is the Fed’s Independence? Monday, 1 Feb 2010 | 2:22 PM ET
    Ben Bernanke

    There are some who blame the Fed for missing warnings signs leading up to the financial crisis; others have said the Fed caused the crisis with its “easy-money” policies.

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