An international study on recessions and governments' responses to them has found that cuts to healthcare systems prompted by fiscal austerity are making matters far worse - for both governments and society.» Read More
David Bloom, global head of Foreign Exchange Strategy at HSBC, tells CNBC that sterling could be put under massive pressure if Europe is given the benefit of the doubt and the US solves the fiscal cliff.
Alastair Newton, Senior Political Analyst, Nomura says that the polls are close ahead of Israel's elections next month and that there's a risk that Tel Aviv could cut off tax revenue from Palestine.
Beppe Grillo leader of the Five Star Movement which is number two in the polls in Italy tells CNBC that Mario Monti was a bankruptcy curator sent in by France and Germany to save their money.
Alastair Newton, Senior Political Analyst, Nomura says that democrats need to come up with a spending reform plan in order to solve the fiscal cliff impasse.
A downgrade next year for the struggling U.K. economy could put the British pound under severe pressure, the head of foreign exchange strategy at HSBC has warned.
Mike Crofton, President & CEO, Philadelphia Trust Company says that going over the Fiscal Cliff is a good outcome as lawmakers will be forced reach a resolution.
The Greek debt buyback attracted bids totaling nearly 32 billion euros, and are short by about 450 million euros on their targets, reports CNBC's Simon Hobbs. In general, however, there is optimism.
CNBC's Kelly Evans reports on all the market moving events from Europe, as optimism grows that U.S. lawmakers will finalize a deal to solve the "fiscal cliff" before Christmas.
CNBC's Kelly Evans reports on all the market moving events from Europe, including growing concern U.S. lawmakers are failing to make headway in budget talks.
The United Kingdom has never been the most ardent fan of the European Union. And is it any wonder? When it originally joined the "European Economic Community" just over 40 years ago, it had no idea that legislators based in Brussels would end up telling it that convicted prisoners must be allowed the vote, or that only certain types of bananas could be stocked in a supermarket.
Colin Chapman, Vice President, Asia Pacific, Stratfor, discusses geopolitical risks in 2013 including the upcoming elections in Japan and South Korea.
Sixty super-wealthy families had annual returns on investments of as little as a quarter of what they had reaped in 2011.
Peter Schiff, CEO of Euro Pacific Capital, says that there's a lot of opportunity in Asian stocks, especially over the longer term.
Joe Tanious, JPMorgan Funds, explains why he is "not yet quite comfortable" investing in Europe, despite seeing a value opportunity there. He also says he believes that in the end, rationality will prevail.
Spain's Zara owner Inditex continued to buck the pain in austerity-wracked Europe on Wednesday, posting nine-month net profit up 27 percent at 1.65 billion euros through its aggressive store-opening program around the world.
A new report by the OECD warns that Europe's debt crisis is pushing the euro zone into a new recession. Angel Gurria, sercetary general of the OECD, weighs in.
CNBC's Kelly Evans reports on all the market moving events from Europe, including
Pier Luigi Bersani is aware of the severity of the crisis his country faces and vows to stick to reforms begun by Prime Minister Mario Monti.
Laura Fitzsimmons, VP, Futures & Options, JPMorgan Investment Bank says growth in the euro zone could surprise to the upside next year. She advises investors to go long on European peripheral bonds, and to sell bunds and gilts.
White ethnic Britons no longer make up the majority of people in London for the first time, according to the latest census data which pointed to a cosmopolitan capital increasingly divergent from the national economy around it. The FT reports.
Sterling tumbled following minutes released by the Bank of England and disappointing retail sales, as the IMF warned the U.K. is at risk of "permanent damage."
Microsoft unveiled its next generation console Xbox One on Tuesday, but it was its inclusion of live TV, rather than its gaming capabilities that set tongues wagging.
Rallies have to end sometime for sure, but history suggests the current one doesn't have to end anytime soon.
German business software company SAP will start to employ people with autism as software testers, programmers and data quality assurance specialists across the world.
Teen use of Twitter has grown significantly, a new report shows, as Facebook loses market share. Here's why.
What Warren Buffett once called "financial weapons of mass destruction" are firing again.
Louisa Bojesen takes you through the European market close, where stocks are sharply lower.
James Bullard, member of the Federal Reserve, tells CNBC why the US economy has taken longer than expected to recover, despite the huge amounts of stimulus.
Jan Randolph, head of sovereign risk at IHS Global, tells CNBC that the financial system is representative of two drunks: the financial markets and the real economy.