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  • Jobs Malaise Warrants Easy Policy: Fed Officials Thursday, 2 Jun 2011 | 1:35 AM ET
    The Federal Reserve headquarters in Washington, DC.

    The high unemployment rate means the Fed's ultra-easy money policies remain the right course of action, top Federal Reserve officials said on Wednesday.

  • Morici: Lessons from Euroland for the United States Wednesday, 1 Jun 2011 | 9:43 AM ET

    Greece’s finances are out of control. Its bonds are downgraded to junk; and without a German and European Central Bank bailout, it will be forced to restructure its debt. The United States is losing control of its finances too, and bond rating agencies have threatened to downgrade its debt.

  • Formula 1 track, Bahrain

    The state of emergency in Bahrain, a business hub scrambling to salvage its business-friendly brand, has now been lifted.

  • Commentary: Intolerable Choices For the Euro Zone Wednesday, 1 Jun 2011 | 5:15 AM ET

    The eurozone, as designed, has failed. It was based on a set of principles that have proved unworkable at the first contact with a financial and fiscal crisis, according to the FT.

  • Greek Restructuring: Off the Table, Not Off the Menu Wednesday, 1 Jun 2011 | 4:06 AM ET

    The complexity of European politics should prevent any reprofiling of Greek debt this year, according to a political analyst, but markets are still waiting for any sign of a prospective default.

  • IMF Not Paying Greek Tranche Seems Certain: Report Wednesday, 1 Jun 2011 | 3:16 AM ET
    The International Monetary Fund (IMF) headquarters building is seen in Washington, DC.

    It seems certain the IMF will not pay its share of an aid tranche to Greece at end-June but the global lender is seen taking part in a new programme, a German newspaper reported on Wednesday without quoting any sources.

  • UK Consumer Recovery to be Slowest in 180 Years Wednesday, 1 Jun 2011 | 2:19 AM ET

    The UK economy is set to experience the slowest pick-up in consumer spending of any post-recession period since 1830, according to a Financial Times analysis of official forecasts.

  • Greece: Tax Cuts or Crackdown on Tax Cheats? Wednesday, 1 Jun 2011 | 1:45 AM ET
    Greece

    As the race for a new bailout for Greece continues, one of the main bones of contention between opposition politicians and the Greek government is tax.

  • Henes: Focusing on Unsustainable Debt Tuesday, 31 May 2011 | 12:01 PM ET

    On Monday, May 23rd, Dan Rutherford, the Treasurer of Illinois, began a crusade against the incurrence of more debt. Specifically, he announced that the State of Illinois is on the verge of financial disaster and, in a concise report, he disclosed certain important fiscal facts about Illinois.

  • Forget Risk On, Stay Defensive: Analyst Tuesday, 31 May 2011 | 7:19 AM ET
    Euro bills

    The euro is gaining and stocks are following the single currency higher, but investors should avoid chasing the risk-on trade according to one analyst.

  • EU Set to Kick Greek Can a Little Further Tuesday, 31 May 2011 | 7:13 AM ET
    A man walks outside the Bank of Greece headquarters during a demonstation against government's austerity measures in central Athens.

    Following months of talks, Germany now appears ready to drop demands it has made in order to allow Greece to restructure its debt and prevent the government in Athens from running out of cash over the summer.

  • Will the Egypt Stock Market Rally Continue? Tuesday, 31 May 2011 | 3:55 AM ET

    The pledge that emerged from the G8 summit in Deauville sees international development banks supplying $20 billion in aid to Tunisia and Egypt for 2011-2013. That is in addition to bilateral support.

  • Former Bank Head Arrested on Sexual Assault Charges Tuesday, 31 May 2011 | 2:54 AM ET

    A former chairman of one of Egypt's major banks was arrested Monday on charges of sexually abusing a maid at a Manhattan hotel, just weeks after the arrest of former International Monetary Fund chief Dominique Strauss-Kahn on similar allegations, police said.

  • Not a Flashy Investor, Just Successful Tuesday, 31 May 2011 | 2:03 AM ET

    The money manager Martin D. Sass loves a good bargain. He snapped up his 1995 Donzi motorboat after it had been repossessed from its previous owner. He made a take-it-or-leave-it offer for a home on Long Island that had been on the market for years, only to later discover he had bought Vincent Astor’s summer home, the New York Times reports.

  • Piazza Venezia, Rome, Italy

    Some market players have said Italy will be the next to ask for a bailout but  Federico Ghizzoni, chief executive of Italian bank Unicredit, told CNBC that the country is in a totally different situation than Greece.

  • Markets Fret About Euro 'Slow-Motion Car Crash' Monday, 30 May 2011 | 5:37 AM ET

    Reports that Greece has not met any of the fiscal targets set by the International Monetary Fund (IMF) and the European Union (EU) as part of its 110 billion euros ($157 billion) bailout knocked down the euro Monday, as other countries in the euro zone are threatened with being dragged into the Greek morass.

  • Putin Hints at Conspiracy Over Strauss-Kahn: Report Monday, 30 May 2011 | 5:18 AM ET
    Vladamir Putin

    Russian Prime Minister Vladimir Putin has hinted that there is more to Dominique Strauss-Kahn’s arrest on charges of sexual assault than meets the eye, according to various media reports.

  • Being a New Face Will Help Me Beat Obama: Pawlenty Friday, 27 May 2011 | 12:03 PM ET

    Republican presidential contender Tim Pawlenty said he can unite the party and defeat President Obama in 2012.

  • IMF 'Not Contemplating' Greek Debt Restructuring Friday, 27 May 2011 | 8:53 AM ET
    WASHINGTON, DC - MAY 19: International Monetary Fund First Deputy Managing Director, John Lipsky prepares to speak at the Peterson Institute, on May 19, 2011 in Washington, DC. Lipsky who is acting as Dominique Strauss-Kahn's replacement delivered this years annual lecture on global recovery and global cooperation. (Photo by Mark Wilson/Getty Images)

    The IMF is sticking to a program that "does not contemplate" Greek debt restructuring, acting managing director John Lipsky told CNBC on the sidelines of the G8 conference in Deauville, France.

  • Young and Restless in Spain as Jobless Rate Soars Friday, 27 May 2011 | 6:53 AM ET
    Demonstrators block a police car on the parking lot of the Madrid transport bus company during the general strike held in whole Spain in Madrid as unions launched a 24-hour general strike all around Spain to protest tough government labor reforms and austerity measures.

    The first thing Silvia Huelves was told when she started studying architecture was that she should take up Chinese or Japanese -- she was never going to build anything in Spain any time soon.